HSC Commerce Class 11 - Tamil Nadu Board of Secondary Education Question Bank Solutions for Commerce

What do you mean by World Bank?

Name the affiliate of World Bank

Highlights the functions of IBRD

Explain any five advantages of FDI.

Choose the Correct Answer.

MSMEs are important for the nation’s economy because they significantly contribute to ______

Choose the Correct Answer.

Investment limit of a micro-enterprise under manufacturing sector does not exceed __________ lakhs.

State the investment limit for small enterprises in the manufacturing and service sectors.

State the investment limit for a medium enterprise engaged in the manufacturing and service sector.

Mr. Vikram who runs a textile industry regularly procures cotton from Germany. Name the type of trade he is engaged in.

What are the classifications of internal trade?

What is Wholesale trade?

State the meaning of Retail trade.

Name any three retail traders in your locality?

Choose the Correct Answer.

Acceptance to be a valid must ______

What is law?

Why should one know the law?

Define Offer.

Explain the essentials of a Valid Contract

Choose the Correct Answer.

Which of the following persons can perform the contract?

Choose the Correct Answer.

A person is said to be a third person if he is not a ______