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Question Paper 2017-2018

XI STANDARD

Time Allowed: 2:30 Hours COMMERCE Maximum mark - 90

I. Choose the correct answer following questions: 20 * 1 =20

1. Commerce is related to

a. Production of goods b. Exchange of goods c. Providing occupation d. Providing services

2. W.T.O is the only organization dealing with the

a. Global trade rules b. Home trade rules c. Entrepot trade rules d. None of the above

3. The method of obtaining payment from the importer is

a. By getting bill of exchange b. Discounting the bills c. By getting Letter of Credit d. All the above

4. An agent is appointed by the

a. Wholesaler b. Principal c. Retailer d. Manufacturer

5. Who is inventor of steam engine

a. James watt b. Gopal c. R.Bhatt d. All of the Above

6. ___are mobile traders who deal in low priced articles with no fixed place of business

a. Retailers b. Agents c. Street stalls d. Itinerant traders

7. Goods are to be taken from the place of production to the place of consumption

a. Time utility b. Place Utility c. Form Utility d. Service Utility

8. The first railway line in India was opened to traffic between

a. Mumbai - Chennai b. Chennai – Kolkatta c. Mumbai and Thane d. Delhi – Chennai

9. This advertising reaches a large number of listeners both the educated and illiterate

a. Web Advertising b. Newspaper Advertising c. Sky Advertising d. Radio Advertising

10. Warehousing removes the hindrances of

a. Time b. Place c. Finance d. Form

11. A cheque in circulation for more than six months is called

a. Stale cheque b. Post dated cheque c. Ordinary cheque d. crossed cheque

12. Bankers are not only dealers of money but also leaders in

a. Economic development b. Trade development c. Industry development d. Service development

13. In which year Insurance Act was amended in India

a. 1940 b. 1928 c. 1938 d. 1945

14. The warehousing document, which is not giving document of title to goods is

a. Warehouse keeper's receipt b. Warehouse warrant c. Delivery order d. Dock receipt

15. In medical claim policy, according to scheme A, maximum benefit amount is,

a. Rs.10,000 b. Rs.1,50,000 c. Rs.1,00,000 d. Rs.3,00,000

16. Advertising appeals make people to use such articles, which may affect their health

a. Social objections b. Ethical Objections c. Historical Objection d. Economical Objections

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17. Which of the following is Consumer Oriented Act

a. Indian Companies Act 1966 b. Partnership Act 1932. c. Indian Income Tex Act 1961

d. Hire Purchase Act 1972

18. The Consumer Protection Act 1986 came into force with effect from

a. 1.1.1986 b.1.4.86 c. 15.4.87 d. 15.4.90

19. bankers are called as manufacturers of

a. Money b. Loans c. Deposits d. Overdrafts

20. Which one of the following in covered under Land Transport

a. Liners b. Tankers c. Pack Animals d. Tramps

PART – B

II. Answer any 7 questions in which No,21 is compulsory 7 * 2 = 14

21. Define commerce?

22. Who are Mercantile Agents?

23. What is departmental store ?

24. Explain the meaning of the term “Globalization”?

25. What are the importance of Transport?

26. Give the different between warehouse receipt and warehouse warrant?

27. What you mean by cheque and give its uses ?

28. Define the term ”Assurance”?

29. What are social objections to Advertising ?

30. Define the term “Consumer movement” ?

PART – C

III. Answer any 7 questions in which No,37 is compulsory 7 * 3 = 21

31. Difference between Business, Trade and industry?

32. Difference between factors and brokers?

33. Difference between hire purchase system and installment system?

34. Explain the merits and demerits of globalization?

35. What are the economic benefits of transport?

36. Explain various types of document used in the warehousing ?

37. Explain the different types of crossing . Give their significance?

38. What are the principles of Insurance?

39. How do advertising helps manufacturers, salesmen and consumer?

40. What are the special features of consumer protection Act 1986?

PART – D

IV. Answer any 7 questions in which No, 43 is compulsory 7 * 5 = 35

41. What are the hindrances of commerce? How they are over come? (or)

42. Discuses the function of Wholesalers?

43. Explain difference between Departmental store and multiple shops? (or)

44. What you mean by WTO ? Explain functions and benefits?

45. Explain the different types of ( Land, Water, Air) transports? (or)

46. Write a brief note on warehousing in India?

47. Explain the function of commercial bank? (or)

48. Write an essay on privatization of insurance, its need and advantages?

49. Explain the WEB Advertising? (or)

50. Explain the salient features of the consumer production Act 1986?

51.Explain the features, advantages and disadvantages of Mail order business? (or)

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52. Explain the various types of bank?

53. Explain the rights and responsibility of Consumers? (or)

54. What are the branches of commerce?

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