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Class 11 Business Studies: Sources of Business Finance — Chapter Test 1

Class 11 • Business Studies • Sources of Business Finance • Chapter Test

MediumFREE

15

Questions

20 min

Duration

15

Marks (1 each)

No

Negative marking

Original practice questions with full solutions by ExamPortal.

Instructions

  • • Read each question carefully and pick the correct answer.
  • • You can mark questions for review and come back to them.
  • • Answers are saved automatically.
  • • The test is submitted automatically when time runs out.

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This test is completely free.

Finish it to earn +5 points.

SYLLABUS & QUESTION BLUEPRINT

Sample Practice Questions

Preview 5 sample questions from this 15-question test. Test your knowledge below or take the full exam in timed CBT mode.

Question 1 of 15
Owners' funds include:
A
loans
B
equity share capital and retained earnings
C
debentures
D
trade credit
View Correct Answer & Step-by-Step Solution
Correct Option:(B)equity share capital and retained earnings

Detailed explanation is available inside the official test attempt review.

Question 2 of 15
Borrowed funds include:
A
equity shares
B
debentures and loans
C
retained earnings
D
reserves
View Correct Answer & Step-by-Step Solution
Correct Option:(B)debentures and loans

Detailed explanation is available inside the official test attempt review.

Question 3 of 15
Equity shareholders are the:
A
creditors
B
owners of the company
C
employees
D
debenture holders
View Correct Answer & Step-by-Step Solution
Correct Option:(B)owners of the company

Detailed explanation is available inside the official test attempt review.

Question 4 of 15
Preference shareholders get priority in:
A
voting
B
payment of dividend and return of capital
C
management
D
bonus only
View Correct Answer & Step-by-Step Solution
Correct Option:(B)payment of dividend and return of capital

Detailed explanation is available inside the official test attempt review.

Question 5 of 15
Retained earnings are also called:
A
borrowed funds
B
ploughing back of profits
C
trade credit
D
public deposits
View Correct Answer & Step-by-Step Solution
Correct Option:(B)ploughing back of profits

Detailed explanation is available inside the official test attempt review.

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Frequently asked questions

How many questions are there in Class 11 Business Studies: Sources of Business Finance — Chapter Test 1?

There are 15 questions to answer in 20 min. Each correct answer gives 1 mark, for a total of 15 marks.

Is there negative marking?

No. Wrong answers do not lose marks, so attempt every question.

Is this mock test free?

Yes, it is completely free. Just log in with your email to start.

What does this test cover?

It covers the chapter "Sources of Business Finance" of Class 11 Business Studies. All questions are original, with a full solution for each.

Will I see my result and the solutions?

Yes. Right after you submit you get your score, accuracy, rank and percentile, and you can review every question with the correct answer and a step-by-step explanation.

Can I take this test again?

Yes, you can retake it as many times as you like and compare your scores.