← Class 12 Board Exam (HSC)
Tamil Nadu State Board · Commerce

TAMIL NADU STATE BOARD CLASS 12 COMMERCE 2026

2026 · 56 questions · First 10 Solutions Free
Questions 1–10 have full step-by-step solutions visible. Sign in to unlock all 56 →
Q1 mcq 1 mark
Delegation of Authority is easily done with the help of ____________.
a.
MBO Correct Answer
b.
MBM
c.
MBA
d.
MBE
Step-by-Step AI Explanation
Verified Method
MBO (Management by Objectives) helps in delegation of authority because duties and responsibilities are clearly assigned along with objectives to be achieved. Hence, delegation becomes easy under MBO. MBA is a degree, MBE is not relevant here, and MBM is not the correct concept.
Q2 mcq 1 mark
Participants in the capital market include :
a.
Corporate
b.
Financial Institutions
c.
Individuals
d.
All of the above Correct Answer
Step-by-Step AI Explanation
Verified Method
Participants in the capital market include corporates, financial institutions, and individuals. Since all these are participants, the correct answer is All of the above.
Q3 mcq 1 mark
Scientific Management is developed by :
a.
Mayo
b.
Fayol
c.
Jacob
d.
Taylor Correct Answer
Step-by-Step AI Explanation
Verified Method
Scientific Management was developed by Frederick Winslow Taylor. Hence, Taylor is the correct answer. Mayo is associated with Human Relations Theory, and Fayol is known for Administrative Theory.
Q4 mcq 1 mark
How many times a security can be sold in a Secondary Market ?
a.
Three times
b.
Only one time
c.
Multiple times Correct Answer
d.
Two times
Step-by-Step AI Explanation
Verified Method
A security can be sold multiple times in the secondary market because trading takes place among investors after the initial issue. In contrast, the primary market is where a security is sold only once by the issuer.
Q5 mcq 1 mark
There are ___________ Stock Exchanges in the country.
a.
20
b.
21 Correct Answer
c.
25
d.
24
Step-by-Step AI Explanation
Verified Method
There are 21 stock exchanges in the country. Therefore, option B is correct.
Q6 mcq 1 mark
____________ is the oldest Stock Exchange in the world.
a.
National Stock Exchange
b.
London Stock Exchange
c.
Amsterdam Stock Exchange Correct Answer
d.
Bombay Stock Exchange
Step-by-Step AI Explanation
Verified Method
The Amsterdam Stock Exchange is regarded as the oldest stock exchange in the world. Hence, option C is correct. The London and Bombay Stock Exchanges are important, but not the oldest.
Q7 mcq 1 mark
Transfer is an ___________ Source of Recruitment.
a.
External
b.
Outsourcing
c.
Internal Correct Answer
d.
None of the above
Step-by-Step AI Explanation
Verified Method
Transfer is an internal source of recruitment because it involves shifting an employee from one job, department, or location to another within the same organization. Therefore, Internal is correct.
Q8 mcq 1 mark
Selection is usually considered as a __________ process.
a.
Negative Correct Answer
b.
Natural
c.
Positive
d.
None of these
Step-by-Step AI Explanation
Verified Method
Selection is usually considered a negative process because it involves rejecting unsuitable candidates and choosing only the best among the applicants. Hence, Negative is the correct answer.
Q9 mcq 1 mark
The initial stage of marketing system is ___________.
a.
Barter system Correct Answer
b.
Monopoly system
c.
Self producing
d.
Exchange to money
Step-by-Step AI Explanation
Verified Method
The initial stage of marketing system was the barter system, where goods were exchanged directly for other goods without the use of money. The other options are not the first stage in the development of marketing.
Q10 mcq 1 mark
The term Consumerism came into existence in the year ___________.
a.
1954
b.
1960 Correct Answer
c.
1958
d.
1957
Step-by-Step AI Explanation
Verified Method
The term Consumerism came into existence in the year 1960. Hence, option (b) is correct.
🎉 10 Free Sample Solutions Completed

Unlock All 56 Questions & Solutions

Sign up free in seconds to unlock step-by-step AI answers for the remaining 46 questions.

Q11 mcq 1 mark
Which of the following is not a consumer right summed up by John F. Kennedy ?
a.
Right to Consume
b.
Right to Safety
c.
Right to be Informed
d.
Right to Choose
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q12 mcq 1 mark
The two major types of business environment are ____________ and ___________.
a.
Good and Bad
b.
Positive and Negative
c.
Allowable and Unallowable
d.
Internal and External
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q13 mcq 1 mark
___________ means permitting the private sector to set up industries which were previously reserved for public sector.
a.
Globalisation
b.
Liberalisation
c.
Public Enterprise
d.
Privatisation
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q14 mcq 1 mark
Section ‘6’ of Negotiable Instruments Act 1881 deals with :
a.
Bills of Exchange
b.
Cheque
c.
Promissory Note
d.
None of the above
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q15 mcq 1 mark
Which of the below constitutes the essential element of Contract of Sale ?
a.
Transfer of property
b.
Price
c.
Two parties
d.
All of the above
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q16 mcq 1 mark
Which of the following functions is not classified into commercial function ?
a.
Marketing function
b.
Accounting function
c.
Organising function
d.
Finance function
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q17 mcq
_____________ is designed to transform India to a global design and manufacturing hub.
a.
Startup India
b.
Digital India
c.
Design India
d.
Make in India
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q18 mcq
Which meeting is not classified as Share Holder’s Meeting under Companies Act 2013 ?
a.
Annual General Meeting
b.
Statutory Meeting
c.
Extraordinary General Meeting
d.
Committees Meeting
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q19 mcq
Assertion : Consumer Protection Act was passed in the year 1986. Reason : This Act protects consumers against marketing of goods which are hazardous and dangerous to life and property of consumers.
a.
Assertion and Reason both are correct and Reason is correct explanation.
b.
Assertion is correct and Reason is wrong.
c.
Assertion is wrong and Reason is correct.
d.
Assertion and Reason both are wrong.
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q20 mcq
Which one is the main element of marketing mix ?
a.
Price
b.
Product
c.
Promotion
d.
Place
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q21 short answer
List out the management tools.
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q22 short answer
What is Government Securities Market ?
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q23 short answer
Write any two objectives of SEBI.
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q24 short answer
State e-Learning method.
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q25 short answer
What is green marketing ?
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q26 short answer
Give any two advantages of Globalisation.
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q27 short answer
Who is Agricultural Entrepreneur ?
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q28 short answer
What is QUORUM ?
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q29 short answer
What is your opinion about Unpaid seller ?
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q30 short answer
What is Speculation ?
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q31 short answer
How the employees are informed about important matters in a company ?
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q32 short answer
What are the general features of a Treasury Bill ? (any three)
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q33 short answer
What is meant by Dematerialization ?
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q34 short answer
What is Stress Interview ?
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q35 short answer
What are the advantages of E-marketing ?
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q36 short answer
What are the important legislations related to Consumerism in India ? (any three)
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q37 short answer
Write a short note on New Economic Policy.
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q38 short answer
Explain about the imitative entrepreneur.
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q39 short answer
What is meant by viral marketing ?
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q40 short answer
List out Navratnas Companies. (any three)
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q41 long answer 5 marks
Explain the various functions of Management. (any 5)
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q41 long answer 5 marks
Describe briefly the different types of Directors. (any 5)
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q41 long answer 5 marks
(a)Explain the various functions of Management. (any 5) OR (b)Describe briefly the different types of Directors. (any 5)
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q42 long answer 5 marks
(a)Explain the micro environmental factors of business. (any 5) OR (b)Explain the functions of St
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q42 long answer 5 marks
Explain the micro environmental factors of business. (any 5)
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q42 long answer 5 marks
Explain the functions of Stock Exchange. (any 5)
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q43 long answer
Describe the operative functions of HRM.
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q43 long answer 5 marks
Discuss the challenges faced by Women entrepreneur. (any 5)
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q44 long answer
How the market can be classified on the basis of Economics?
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q44 long answer 5 marks
Explain the role of business in consumer protection. (any 5)
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q45 long answer 5 marks
Explain the highlights of the LPG policy. (any 5)
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q45 long answer
Explain in detail the essential elements of Contract of Sale.
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q46 long answer
Write notes on : (i)Soft Commodities market. (ii)National Clearance and Depository System (NCDS).
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q46 long answer
Enumerate the functions of Marketer.
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q47 long answer 5 marks
What are the differences between Shares and Debentures? (any 5)
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.

Q47 long answer 5 marks
Explain the concept of Management. (any 5)
Correct Answer & Step-by-Step Solution Locked

Sign in free to reveal the correct answer and AI explanation for this question.