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Business, Trade and Commerce

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.
Hindrance of place is removed by:
a)
Communication
b)
Advertisement
c)
Warehousing
d)
Transportation
2.
Name the two broad categories of business activities.
a)
 Trade and commerce 
b)
 trade and industry 
c)
industry and commerce
d)
none of these
3.
Which of the following is not an example of non-economic activity?
a)
Patriotism 
b)
 teaching 
c)
sentiment 
d)
sympathy
4.

Payable to a specific person,

someone ‘respectable’. Liability

over who received payment.

a)

Sah-jog - Darshani

b)

Firman-jog - Darshani

c)

Dekhan- har - Darshani

d)

Firman-jog -Muddati

5.

What was known as

‘Black Gold’ ?

a)

jute

b)

cinnamon

c)

Black Pepper

d)

Saffron

6.

From which part of India "Chatt" the important business community was belong

a)

North India

b)

West India

c)

East India

d)

North East India

e)

South India

7.

In which year and date "Make in India" was launched by the Government of India ?

a)

15 August 2014

b)

25 September 2015

c)

25 September 2014

d)

15 August 2050

8.

Reward or

return of business is ......

a)

Salary or wages

b)

Profit earned

c)

fee

d)

non of this

9.

Cattle

breeding farms, poultry farms, and

fish hatchery come under which type of industries?

a)

Manufacturing industries

b)

Extractive industries

c)

Secondary industries

d)

Genetic industries

10.

Oil refinery is a example of

a)

Synthetical industry

b)

Assembling industry

c)

Analytical industry

d)

Processing industry

11.

Which of the following is not a Cause of Business Risks?

a)

Natural causes

b)

Human causes

c)

Economic causes

d)

artistic causes

12.

Mohenjodaro were

founded in

a)

Second millennium B.C.

b)

third millennium B.C.

c)

Fourth millennium B.C.

d)

third millennium A.D.

13.

Which is not a Nature of Business Risks?

a)

Business risks arise due to

uncertainties

b)

Risk is an essential part of every business

c)

Degree of risk not depends mainly

upon the nature and size of

business

d)

Profit is the reward for risk

taking

14.
Commerce includes activities relating to trade and ____________
a)
Supporting 
b)
subsidiaries 
c)
auxiliaries to trade
d)
none of these
15.
What type of cause is fluctuation of price in the market?
a)
Physical
b)
Human
c)
Economic
d)
Natural