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Class 11 Commerce — Exercise Solutions

Samacheer KalviTamil Nadu State Board

Exercise solutions for all 33 chapters — worked answers, formula recap, and exam tips.

Balance of Trade and Balance of Payments

TN Class 11 Commerce Balance of Trade and Balance of Payments exercise solutions — current account, capital account, BOT vs BOP comparison, MCQ and long answers.

Business Ethics and Corporate Governance

TN Class 11 Commerce Business Ethics and Corporate Governance exercise solutions — code of ethics, CSR, benchmarking, MNCs, MCQ and long answers.

Channels of Distribution

TN Class 11 Commerce Channels of Distribution exercise solutions — wholesalers, retailers, mercantile agents, factors, brokers, MCQ and long answers.

Classification of Business Activities

TN Class 11 Commerce Classification of Business Activities exercise solutions — industry types, commerce, trade, aids to trade, MCQ and long answers.

Cooperative Organisation

TN Class 11 Commerce Cooperative Organisation exercise solutions — principles, types, advantages, disadvantages, Rochdale pioneers, MCQ and long answers.

Direct Taxes

TN Class 11 Commerce Direct Taxes exercise solutions — income tax, previous year, assessment year, heads of income, agricultural income, MCQ and long answers.

Discharge and Breach of a Contract

TN Class 11 Commerce Discharge and Breach of Contract exercise solutions — modes of discharge, quantum meruit, types of damages, MCQ and long answers.

Elements of Contract

TN Class 11 Commerce Elements of Contract exercise solutions — offer, acceptance, consideration, types of contract, voidable contract, quasi contract, MCQ and long answers.

Emerging Service Business of India

TN Class 11 Commerce Emerging Modes of Business exercise solutions — franchising, factoring, outsourcing, BPO, KPO, logistics, e-commerce, MCQ and long answers.

Export and Import Procedures

TN Class 11 Commerce Export and Import Procedures exercise solutions — indent, bill of lading, charter party, letter of credit, EXIM bank, MCQ and long answers.

Facilitators of International Business

TN Class 11 Commerce Facilitators of International Business exercise solutions — WTO, IMF, World Bank, SAARC, GATT, SDR, MCQ and long answers.

Functions of Commercial Banks

TN Class 11 Commerce Functions of Commercial Banks exercise solutions — deposits, loans, credit creation, e-banking, NEFT, RTGS, MCQ and long answers.

Government Organisation

TN Class 11 Commerce Government Organisation exercise solutions — departmental undertakings, public corporations, government companies, MCQ and long answers.

Historical Background of Commerce in the Sub-Continent

TN Class 11 Commerce Historical Background of Commerce exercise solutions — barter system, Sangam trade, ancient Tamil ports, medieval commerce, MCQ and long answers.

Hindu Undivided Family and Partnership

TN Class 11 Commerce Hindu Undivided Family and Partnership exercise solutions — Karta, coparceners, partnership deed, types of partners, MCQ and long answers.

Indirect Taxation

TN Class 11 Commerce Indirect Taxation exercise solutions — GST types (CGST, SGST, IGST, UGST), GST council, merits and demerits, MCQ and long answers.

Insurance

TN Class 11 Commerce Insurance exercise solutions — principles of insurance, life fire marine health insurance, IRDAI, MCQ and long answers.

International Business

TN Class 11 Commerce International Business exercise solutions — export trade, import trade, entrepot trade, joint ventures, FDI, licensing, MCQ and long answers.

International Finance

TN Class 11 Commerce International Finance exercise solutions — GDR, ADR, FCCB, FDI, FII, depositary receipts, MCQ and long answers.

Joint Stock Company

TN Class 11 Commerce Joint Stock Company exercise solutions — MOA, AOA, prospectus, types of companies, MCQ and long answers.

Micro Small and Medium Enterprises and Self Help Groups

TN Class 11 Commerce MSMEs and Self-Help Groups exercise solutions — MSMED Act, investment limits, SHG features, NEEDS, MUDRA bank, MCQ and long answers.

Multi National Corporations

TN Class 11 Commerce Multi-National Corporations exercise solutions — MNC advantages, disadvantages, centralisation, MCQ and long answers.

Objectives of Business

TN Class 11 Commerce Objectives of Business exercise solutions — economic activities, profession vs employment, business characteristics, objectives, MCQ and long answers.

Performance of Contract

TN Class 11 Commerce Performance of Contract exercise solutions — actual performance, attempted performance, tender, reciprocal promises, joint promisors, MCQ and long answers.

Reserve Bank of India

TN Class 11 Commerce Reserve Bank of India exercise solutions — RBI functions, credit control, CRR, SLR, bank rate, MCQ and long answers.

Retailing

TN Class 11 Commerce Retailing exercise solutions — itinerant traders, departmental stores, supermarkets, chain stores, consumer cooperative stores, MCQ and long answers.

Social Responsibility of Business

TN Class 11 Commerce Social Responsibility of Business exercise solutions — CSR, stakeholders, arguments for and against, MCQ and long answers.

Sole Proprietorship

TN Class 11 Commerce Sole Proprietorship exercise solutions — characteristics, advantages, disadvantages, unlimited liability, MCQ and long answers.

Source of Business Finance

TN Class 11 Commerce Sources of Business Finance exercise solutions — owned vs borrowed funds, shares, debentures, short-term vs long-term finance, MCQ and long answers.

Transportation

TN Class 11 Commerce Transportation exercise solutions — land, water, air transport, bill of lading, charter party, MCQ and long answers.

Types of Banks

TN Class 11 Commerce Types of Banks exercise solutions — commercial, industrial, cooperative, foreign, scheduled banks, MCQ and long answers.

Types of Trade

TN Class 11 Commerce Types of Trade exercise solutions — internal trade, foreign trade, import, export, entrepot, wholesale, retail, MCQ and long answers.

Warehousing

TN Class 11 Commerce Warehousing exercise solutions — types of warehouses, FCI, CWC, SWC, warehouse warrant vs receipt, MCQ and long answers.