Nội dung text Business Studies class 11 chapter 1 nature and purpose of business question-245547.pdf
2 / 6 a) banking and finance b) advertising c) transportation d) insurance Orissa; Sugar in U.P, Bihar, and Maharashtra. But these goods are required for consumption in different parts of the country. For this purpose ________ is very important. a) Secondary industries b) Primary industries c) Commercial industries d) Tertiary industries 10. The industries which provide support services to other industries are known as [1] a) Trading in goods and services b) Social welfare c) Manufacturing of goods for sale d) Transportation services 11. Among the following given activities, which one is not an economic activity: [1] a) Riots b) Strikes c) All of these d) Dishonesty 12. Which of the following is a human cause of business risks? [1] a) sale b) profession c) small business d) none of these 13. Trade is an essential part of commerce. It refers to ________. [1] a) Presence of risk b) Sale or exchange of goods and services c) Production of goods and services d) Salary or wages 14. Which of the following does not characterise business activity? [1] a) Tertiary b) Primary c) Secondary d) None of these 15. Which industries include activities concerned with the extraction and production of natural resources and reproduction and development of living organisms? [1] a) Insurance b) Advertising c) Banking and finance d) Warehousing 16. ________ is one of the most important methods of promoting the sale of products. [1] a) position of an enterprise b) competitors c) supply of the product d) customers 17. The word marketing standing is concerned with ________. [1] a) Human Cause b) All of these c) Natural Cause d) Economic Cause 18. Which of the following is a cause of business risks? [1] a) Non profit organisation b) None of these 19. ________ is an economic activity. [1]
3 / 6 c) Employment d) Social service a) All are methods of dealing with risks b) Making provisions in current earnings c) Taking preventive measures d) Taking insurance policy 20. Which of the following is not a method of dealing with risks: [1] a) Interest rate fluctuations b) Change in technology c) Higher taxes d) Negligence of employees 21. Which of the following is not an economic cause of business risks? [1] a) Negative b) Non-essential c) Supportive d) Unsupportive 22. Auxiliaries to trade play a ________ role for trade and industry. [1] a) Insurance Industry b) Advertising Industry c) Processing Industry d) Banking Industry 23. Which of the following is not known as service industry? [1] a) Earthquake b) Famine c) Strikes d) Heavy Rains 24. Which of the following is not a natural cause of business risks? [1] a) Genetic b) None of there c) Manufacturing d) Extractive 25. Cattle breeding farms, poultry farms, and fish hatchery come under which industry? [1] a) Creation of utilities b) Entrepreneurship c) Regularity of dealing d) Non economic activities 26. Which of the following is not a characteristic of business? [1] a) None of these b) Business and Industry c) Business and Trade d) Trade and Aids to trade 27. Commerce includes [1] a) Times b) Possession c) Place d) Form 28. Manufacturing industries create which utility? [1] a) Insurance b) Mining c) Transport d) Warehousing 29. Which of the following cannot be classified as an auxiliary to trade? [1] a) Productivity b) Profit earning c) Innovation d) Investment 30. Which of the following cannot be classified as an objective of a business? [1]