Std: XI Com Sub: ORGANISATION OF COMMERCE Marks: 50
Date: 20/11/2020 First Term Exam 2020-2021 Roll no:
SECTION A
Choose the correct option for the following from those given below each question: [05]
1. What is meant by production by adding utility to the natural wealth?
A) Trade B) Auxiliary services C) Commerce D) Industry
2. Which type of insurance is ancient and widely prevalent?
A) Goods
transit
insurance
B) Marine insurance C) Rail/Road
insurance
D) Economic
developme
nt
3. In which kind of account general interest is not paid of the deposit?
A) Savings
account
B) Current account C) Fixed deposit
account
D) Recurring
account
4. The process by which the whole process of understanding is created in the mind of the
other person is known as?
A) Message B) Communication C) Email D) E-
commerce
5. The form of Hindu undivided family is managed by whom?
A) Owner B) Karta C) Manager D) Partner
SECTION B
Answer the following (1 MARK EACH) [05]
6. What is trade?
7. What is insurance?
8. In which kind of account, the number of withdrawn transactions is limited up to a
certain limit?
9. What is computer network?
10. Who is called a sole proprietor?
SECTION C
Solve the following (2 MARK EACH) [10]
11. Why business be called an economic activity?
12. Give a list of types of general insurance.
13. Explain credit card and debit card in short?
14. Give the meaning of E – commerce
OR
Give the meaning of internet.
15. When can a minor become a partner?
SECTION D
Solve the following (3 MARK EACH) [15]
16. Give difference between trade and commerce.
17. What are special godowns? Explain with examples
18. Write short note on NEFT.
(plz help me)
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