Business studies Class XI Quiz-7

Which one of the following is a statutory corporation?

• Food Corporation of India

• Chittaranjan Locomotive Works

• Steel authority of India

• HMT

Which of the following is a borrowed fund for company?

• Equity shares

• Preference shares

• retained earnings

• debentures

Identify the cause of Business Risk is shown in picture given below.

• natural cause

• human cause

• economic cause

• other causes

Which one of the following is known as 'Risk capital'?

• Debentures

• Equity shares

• prefrerece shares

• retatined earnings

Public Sector Enterprises (PSEs) consist of various organisations owned and managed by?

• HUF

• government

• private sector

• foreign companies

This trade refers to purchase of goods from one country for the purpose of selling them in another country. Identify the trade.

• import

• Entrepot trade

• wholesale trade

• export trade

Retained earnings are?

• permanent source of funds

• temporary source of funds

• fixed source of funds

• expensive source of funds

Poor workmanship and carelessness may cause spoilage of the resources and bring losses to a business. In which of the following, it can be included?

• Natural causes

• Political causes

• economic cause

• human cause

Assertion (A): B2C transaction have business firm at on one end and their customers on the other end.

Reason (R): Selling used books is the example of B2C transactions.

• Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

• Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A).

• Assertion (A) is true but Reason (R) is false.

• Assertion (A) is false but Reason (R) is true

An businessman must behave as a good citizen. This is an example of its responsibility towards?

• Owners

• workers

• consumers

• community