The goals are achieved with the help of _________.
a.
Planning
b.
Motivation
Correct Answer
c.
Staffing
d.
Controlling
Step-by-Step AI Explanation
Verified Method
Motivation is the psychological process that energizes and directs human behavior toward achieving organizational goals. While planning sets the path, staffing provides the human resource, and controlling checks performance, it is motivation that drives the actual effort to achieve the goals.
Q2mcq1 mark
Who can become a Secretary of a Company ?
a.
Co-operative Society
b.
Individual person
Correct Answer
c.
Trade Union
d.
Partnership Firm
Step-by-Step AI Explanation
Verified Method
Under the Companies Act, a Secretary must be an individual person. Bodies corporate, firms, or associations like co-operative societies or trade unions cannot be appointed as a company secretary because the role requires individual accountability and specific professional qualifications.
Q3mcq1 mark
Number of parties in a Bill of Exchange are :
a.
3
Correct Answer
b.
2
c.
4
d.
6
Step-by-Step AI Explanation
Verified Method
A Bill of Exchange involves three parties: the Drawer (the person who draws/writes the bill), the Drawee (the person on whom the bill is drawn/the payer), and the Payee (the person who receives the money).
Q4mcq1 mark
There are _________ Stock Exchanges in the Country.
a.
20
b.
21
c.
25
d.
24
Correct Answer
Step-by-Step AI Explanation
Verified Method
According to the Tamil Nadu State Board commerce curriculum, there are 24 recognized stock exchanges in India.
Q5mcq1 mark
Who is the Father of Consumer Movement ?
a.
Ralph Nader
Correct Answer
b.
Mahatma Gandhi
c.
Jawaharlal Nehru
d.
John F. Kennedy
Step-by-Step AI Explanation
Verified Method
Ralph Nader is widely recognized as the 'Father of the Consumer Movement' due to his tireless advocacy for consumer rights, safety, and corporate accountability, most notably through his book 'Unsafe at Any Speed'.
Q6mcq1 mark
A major player in the money market is the _________.
a.
State Bank of India
b.
Commercial Bank
c.
Central Bank
d.
Reserve Bank of India
Correct Answer
Step-by-Step AI Explanation
Verified Method
The Reserve Bank of India (RBI) acts as the regulator and the apex institution of the Indian financial system, serving as the major player in the money market by managing liquidity and implementing monetary policy.
Q7mcq1 mark
The characteristics of an entrepreneur is/are :
a.
Flexibility
b.
Self-confidence
c.
Spirit of enterprise
d.
All of the above
Correct Answer
Step-by-Step AI Explanation
Verified Method
An entrepreneur requires a multifaceted personality. Flexibility allows adaptation to changing markets, self-confidence is necessary for risk-taking, and the spirit of enterprise drives innovation and growth. Hence, all the listed traits are essential.
Q8mcq1 mark
The Chairman of the National Consumer Disputes Redressal Commission is :
a.
President of India
b.
Serving or retired Judge of the Supreme Court of India
Correct Answer
c.
High Court Judge
d.
Prime Minister
Step-by-Step AI Explanation
Verified Method
The National Consumer Disputes Redressal Commission (NCDRC) is a quasi-judicial body in India. According to the Consumer Protection Act, its presiding officer must be a serving or retired Judge of the Supreme Court of India.
Q9mcq1 mark
Social Marketing deals with :
a.
Social change
Correct Answer
b.
Society
c.
Social evil
d.
Social class
Step-by-Step AI Explanation
Verified Method
Social marketing is designed to influence target audience behavior for the purpose of social change for the greater good of society, rather than just commercial gain.
Q10mcq1 mark
The final aim of Modern Marketing is __________.
a.
Consumer satisfaction
Correct Answer
b.
Maximum profit
c.
Service to the Society
d.
Minimum profit
Step-by-Step AI Explanation
Verified Method
Modern marketing philosophy is consumer-oriented. While profit and social service are important considerations, the central objective that drives business success today is consumer satisfaction.
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