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HY PRACTICAL EXAM_11TH

Authored by Naveen Mahipal

Other

11th Grade

Used 2+ times

HY PRACTICAL EXAM_11TH
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30 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is/are treated as Auxiliaries to Trade?

Insurance Industry

Banking Industry

All of the above

Transportation Industry

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The reward of risk is:

Failure

Success

Loss

Profit

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Name the two broad categories of business activities.

None of these

Trade and commerce

Industry and Commerce

Trade and industry

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

“Amrut” is an NGO operating in the district of Rajkot since 2005. It deals in providing medicines and other medical facilities to the rural, backward, and below-poverty-line people in the district. In case of need, arrangements are made by the NGO to shift critical patients to referred hospitals. Name the type of human activities performed by the NGO “Amrut”.

Spiritual Activities

Economic Activities

Non-Economic Activities

None of the above

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Maninder, Surinder and Balbinder and Harinder pursued their Master's Degrees in Business

Management from a reputed institute in Delhi. After completion of their studies, all of them got

engaged in different fields. Maninder got a job at an Oil Refinery Industry as a Junior Executive in

Finance. Surinder joined his family business in Textile Industry in Jalandhar, Punjab. Balbinder

opened his own Dairy Firm and Harinder join the construction business. Identify the type of industry

Mr. Surinder worked with as highlighted in the above case.

Processing Industry

Synthetic Industry

Analytical Industry

Assembly Industry

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following cannot be classified as an auxiliary to trade?

Transport

Mining

Insurance

Warehousing

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Ruchi is a practicing Chartered Accountant. She has her C.A. Firm in Hyderabad, Telangana. She

deals in providing Income Tax and GST-related services to her clients against very reasonable

consultancy fees. She has her own professional coaching classes for C.A. Enrolled Students.

Identify the types of economic activities performed by Ruchi as referred to in the above case.

Employment

None of the above

Profession

Business

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