Commerce Question Bank
Note: Questions in bold and italics are important questions
Chapter 1 - Classification of human activities
1. Give two examples of economic activities - 2M
2. Give two examples of non-economic activities - 2M
3. Distinguish between profession, employment, and business - 4M
4. Features of profession - 4M
Chapter 2 - Nature and objectives of business
1. Characteristics of business - 2M
2. Social, economic, human, and national objectives - 4M
3. Role of profit in business -5M
Chapter 3 - Classification of business activities
1. Functions of commerce - 5M
2. Importance of commerce - 5M
3. Explain the aids to trade - 5M
4. What are primary industries? - 4M
5. What are secondary industries? - 4M
6. Explain tertiary industries - 2M
7. What are the types of trade - 4M
Chapter 5 - Sole Trader
1. Characteristics of sole trader - 4M
2. Merits of sole trader - 4M
3. Demerits of sole trader - 4M
Chapter 6 - Partnership
1. Types of partners - 4M
2. Types of partnerships - 4M
3. Write a short note on Limited Liability Partnership - 4M
Chapter 7 - Joint Stock Company
1. Meaning and features of joint stock company - 5M
2. Individual features of Joint Stock Company - 2M
3. Distinction between company and partnership - 2/4M
Chapter 9 - Formation of a company
1. Types of promoters - 4M
2. Distinction between memorandum of association and articles of association - 2/4M
3. Contents of memorandum of association - 5M
4. Short note on prospectus - 4M
Chapter 11 - Cooperative Organisation
1. Features of cooperative organisation - 4M
2. Distinction between cooperative organisation and company - 2M
Chapter 12 - Social responsibility of business and business ethics
1. Responsibility of business towards different groups - 4M
2. Business ethics and its importance - 4M
Chapter 13 - E-business and Outsourcing
1. What is e-business? Explain online transactions and payment mechanisms -
5M
2. Explain the scope of e-business - 4M
3. Explain the risks of e-business - 2M
4. Distinction between BPO and KPO - 2M
5. Explain the need for outsourcing - 4M
6. Explain the utility of smart cards - 2M
Chapter 13 - Stock Exchange
1. Write a short note on SEBI - 5M
2. Write a short note on SENSEX - 5M
3. Write a short note on NIFTY - 5M
4. Types of Operators - 4M
5. Functions of Stock Exchange - 4M