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Business, Trade & Commerce

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

The term business is derived from the word _____________.

a)

busyness

b)

buzz

c)

commerce

2.
Which of the following is not an example of non-economic activity?
a)
Patriotism 
b)
 teaching 
c)
sentiment 
d)
sympathy
3.

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

4.

Reward or

return of business is ......

a)

Salary or wages

b)

Profit earned

c)

fee

d)

non of this

5.

Oil refinery is a example of

a)

Synthetical industry

b)

Assembling industry

c)

Analytical industry

d)

Processing industry

6.

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

a)

Natural causes

b)

Human causes

c)

Economic causes

d)

artistic causes

7.

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

8.
Commerce includes activities relating to trade and ____________
a)
Supporting 
b)
subsidiaries 
c)
auxiliaries to trade
d)
none of these
9.
What type of cause is fluctuation of price in the market?
a)
Physical
b)
Human
c)
Economic
d)
Natural
10.
Commerce includes activities relating to trade and ____________
a)
Supporting 
b)
subsidiaries 
c)
auxiliaries to trade
d)
none of these