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Stock Exchange Book Back One Mark Questions with Answers & Explanations (12th Standard Commerce)

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Every Book Back multiple-choice question from Stock Exchange (12th Standard Commerce, Samacheer Kalvi) — each with the correct option highlighted and a clear, worked explanation. Free to read in English and Tamil.

Answer key at a glance

Q1
____ is the oldest stock exchange in the world.
  • A. London Stock Exchange
  • B. Bombay Stock Exchange
  • C. National Stock Exchange
  • D. Amsterdam Stock ExchangeCorrect
Explanation. The lesson says the Amsterdam Stock Exchange, set up in 1602 by the Dutch East India Company (VOC) and later renamed Amsterdam Bourse, is the oldest in the world. The book's key also gives (d).
Q2
There are _____ stock exchanges in the country.
  • A. 21
  • B. 24Correct
  • C. 20
  • D. 25
Explanation. Section 7.05 states there are 24 stock exchanges in India, 21 of them regional, plus NSE, OTCEI and ISE set up in the reforms era. The book's key also gives (b).
Q3
Jobbers transact in a stock exchange
  • A. For their Clients
  • B. For their Own TransactionsCorrect
  • C. For other Brokers
  • D. For other Members
Explanation. Jobbers are security merchants who buy and sell securities on their own behalf to profit from price changes; they cannot deal for the public or take commission. The book's key also gives (b).
Q4
A pessimistic speculator is
  • A. Stag
  • B. BearCorrect
  • C. Bull
  • D. Lame Duck
Explanation. A bear (Mandiwala) expects prices to fall, sells now to buy back cheaper later, and the lesson calls him a pessimistic speculator. The book's key also gives (b).
Q5
An optimistic speculator is
  • A. BullCorrect
  • B. Bear
  • C. Stag
  • D. Lame duck
Explanation. A bull (Tejiwala) expects prices to rise, buys now to sell higher later, and the lesson calls him an optimistic speculator. The book's key also gives (a).
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About these Stock Exchange questions

These are the Book Back multiple-choice questions for Stock Exchange from the Tamil Nadu State Board (Samacheer Kalvi) 12th Standard Commerce syllabus. Each question shows the correct option and an original, step-by-step explanation so you understand the method, not just the answer. Use the answer key above to jump to any question, then take the practice test to check yourself under exam-like conditions.

Frequently asked questions

How many MCQs are there in Stock Exchange?

This chapter has 5 book-back multiple-choice questions, each with the correct answer and a step-by-step explanation.

Are these 12th Standard Commerce MCQs free to practise online?

Yes. Every question, answer and explanation here is free, and you can also take them as a timed practice test.

Where can I find the Stock Exchange book-back answers?

The correct option for each question is highlighted on this page with a worked explanation, plus a quick answer-key summary at the top.

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