11th Commerce Assignment Answer key 2021 , TNSCERT kalvi tv Assignment

11th Commerce Assignment Answer key 2021 , TNSCERT kalvi tv Assignment 

Students can Download 11th  Assignment Answers and Question paper unit 1.PDF Download

TNSCERT 11th Commerce Assignment PDF Download with answer 

TN 11th  Commerce Assignment  Question paper ,answer key

Assignment

Class:11 Subject: Commerce

  • Unit 1
  • Part - A

I.One Mark Questions

1. Hindrance of place is removed by ………..

A). Transport

B). Insurance

C).Warehouse 

D). Salesman

2.Trade and commerce was common to …….Dynasty

A). Chera 

B). Chola

C). Pandiyas 

C). Pallava

3………..contact between the two is considered important during the exchange.

A). Direct 

B). Indirect

C). Transport 

D).Ownership

4. In Pandya’s Dynasty the place where the goods are sold is ………

A). Market 

B)Nalangadi

C). Allangadi 

D).Angadi

5.Whichof the following is not a hindrance of trade ?

A). Hindrance of place 

B). Hindrance of measures

C). Hindrance of time 

D). Hindrance of person

6. The book Arthasasthra was written by ………

A). Kautilya 

B). Kambar

C). Thiruvalluvar 

D). Elangovadikal

7. Choose the incorrect pair in the following:

  • A). Hindrance of Time - Where house 
  • B) . Hindrance of knowledge – Advertisement
  • C). Hindrance of Exchange - Insurance

  • D). Hindrance of Finance – Bank

8…….. was first sultan who paved way in the dense forest and helped traders to move
from one market place to other place for their commercial caravans.

A). Akbar

 B) Aladdinkhilji

C). Vascodagama 

D). Balban

9. Sleepless city is ……….

A). Madurai 

B)Chennai

C). Poombukar 

D).Tanjore

10.Statement : Production take places in one center and consumers spread throughout
the country and world.
Reason : Transport bring the products to the place of consumer

A). Both (S)and (R) is incorrect 

B) Both (S)and (R) is correct

C). S is correct, (R) is incorrect

 D). S is incorrect , (R) is correct

Part – B

II.Very Short Answer

11. What is meant by Nalangadi?
  • The place where the goods were sold was called ‘Angadi’ in the Pandiya period. Day market was called as Nalangadi.
12. State the important ancient trade centers is Tamil Nadu?
  • Sangam work refers to great traders, their caravans, security force, markets, marts and guilds of such great traders.
13. What is meant by Barter system
  • Goods were exchanged for goods prior to invention of money.
14.Mention the commodities sold in the Pandiya’skingdom .
  • Port towns like Tondi, Korkai, Puhar and Muziri were always seen as busy with marts and markets with activities related to imports and exports. In such a brisk trade, people of the coastal region, engaged themselves in coastal trade and developed their intercontinental trade contacts.
15. What is meant by hindrance of finance?
  • Producers and traders may not have the required funds at the time of their need.

Part – C

III. Short Answer

16. Explain the meaning of the term ‘vanigam’.
  • he word ‘Vanigam’ has been widely used in Sangam literature like Purananuru and Thirukkural. The earliest trading population of India was Indus valley people, who used the word ‘trade’. The word vaniyam or vanipam would have had a Dravidian origin.
17. What was focused in Arthasasthra about trade ?
  • Arthasasthra focused on creation of wealth as the means to promote the well being of the state. Kautilya advocated maintenance of perfect balance between State management and people’s welfare through trading activities.
18. State the meaning of Maruvurapakkam and Pattinappakkam
  • Big cities like Poompuhar had the ‘Maruvurappakam’ (inland town) and ‘Pattinapakkam’ (coastal town), had market and bazaars where many merchants met one another for the purpose of selling or buying different kinds of commodities and food stuff.
19.Explain the coastal trade in ancient Tamilnadu.
  • Big cities like Poompuhar had the ‘Maruvurappakam’ (inland town) and ‘Pattinapakkam’ (coastal town), had market and bazaars where many merchants met one another for the purpose of selling or buying different kinds of commodities and food stuff. Port towns like Tondi, Korkai, Puhar and Muziri were always seen as busy with marts and markets with activities related to imports and exports. In such a brisk trade, people of the coastal region, engaged themselves in coastal trade and developed their intercontinental trade contacts.
  • Answers prepared By ; www.kalvikavi.com
  • They were engaged in different kinds of fishing pearls, and conches and produced salts and built ships. Boats like ‘Padagu’, ‘Thimil’, ‘Thoni’, ‘Ambu’, ‘Odampunai’, etc., were used to cross rivers for domestic trade while ‘Kalam’, ‘Marakalam’, ‘Vangam’, ‘Navai’, etc., were used for crossing oceans for foreign trade.

Part – D

IV .Write in detail

21.Mention the conditions in barter system.

  • 1. Lack of double coincidence of Wants: Unless two persons who have surplus have the demand for the goods possessed by each other, baiter could not materialize. If this “coincidence of wants” does not exist, Barter cannot take place.
  • 2. Non – existence of common measure of value: Barter system could not determine the value of commodities to be exchanged as they lacked commonly acceptable measures to evaluate each and every commodity.
  • 3. Lack of direct contact between producer and consumers: It was not possible for buyers and sellers to meet face to face in many contexts for exchanging the commodities for commodities
  • 4. Lack of surplus stock: Absence of surplus stock was one of the impediments in barter system. If the buyers and sellers do not have surplus then no barter was possible.

22. Explain the hindrances of trade?

Hindrances of business:

  • 1. Hindrance of Person: Manufacturers do not know the place and face of the consumers. It is the retailer who knows the taste, preference and location of the consumers. The chain of middlemen consisting of wholesalers, agents and retailers establish the link between the producers and consumers.
  • 2. Hindrance of Place: Production takes place in one centre and consumers are spread throughout the country and world. Rail, air, sea and land transports bring the products to the place of consumer.
  • 3. Hindrance of Time: Consumers want products whenever they have money, time and willingness to buy. Goods are produced in anticipation of such demands.
  • 4. Hindrance of risk of deterioration in quality: Proper packaging and modern air conditioned storage houses ensure that there is no deterioration in quality of products.
  • 5. Hindrance of risk of loss: Fire, theft, floods and accidents may bring huge loss to the business.
  • 6. Hindrance of knowledge: Advertising and communication help in announcing the arrival of new products and their uses to the people.
  • 7.Hindrance of exchange: Money functions as a medium of exchange and enables the buying and selling of any product or service by payment of the right price.
  • 8. Hindrance of finance: Producers and traders may not have the required funds at the time of their need.
  • 9. Hindrance of developing the exact product: Research and development helps in developing the exact product or service which can satisfy the specific wants of consumers and thus improve the standard of living of the people.
  • 10. Hindrance of both selection and delivery at doorsteps: E – Commerce enables the consumer to select the product in the website, place online orders and make payment after receiving the product at the doorstep.


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