WorksheetsCommercial Applications Grade IX
Total questions: 20
Worksheet time: 18mins
____________________________ is a one man show.
Partnership
Sole proprietorship
Cooperative society
Company
Which one is not a feature of Hindu Undivided family
Limited liabilities of all the members except the Karta
Limited Liability of all the members including the Karta
Management by Karta
Membership rights by birth
__________________ is an occupation involving rendering of expert services for a fee.
Business
Profession
Employment
None of the above
Economic activities are undertaken for
earning profit
personal satisfaction
satisfying social obligations
wealth creation
Industries which are concerned with extraction & multiplication of natural resources are known as___________
Extractive Industry
Genetic Industry
Manufacturing industry
Primary industry
Industries which are concerned with reproducing & multiplying plants & animals are known as___________
Extractive Industry
Genetic Industry
Manufacturing industry
Primary industry
Mining of coal and iron ore is an example of -
Primary Industry
Secondary industry
light industry
Tertiary industry
Animal Husbandry falls under which category
Genetic Industry
Extractive
Manufacturing
tertiary industry
The 2 broad categories of human activities are _________________________ and ____________________________.
Non - economic Activities
industrial activities
Economic activities
trading activities
Commerce removes hindrance of persons by means of
Transportation
Trade
Advertising
Warehousing
Commerce removes hindrance of time with the help of
Storage
Trade
Insurance
Transport
Buying goods in bulk quantity and selling them in smaller quantity to different retailers refers to ________________
Retail Trade
Wholesale Trade
Internal Trade
Export Trade
Commercial banks, public warehouses and advertising agencies are examples of the following terms-
Industry
Commerce
Trade
All of these
In Hindu Undivided family , only a male member can be coparceners.
True
False
A female relative of a deceased male coparcener will have a share after the death of the coparcener.
True
False
What is the limit of maximum number of members in a Joint Hindu Family Business.
50
30
10
No limit
Sole proprietorship is a business that is ____________________________________________________.
Write any 2 limitations of Sole Proprietorship.
1___________________________________
2___________________________________
Purchasing goods from other country is_____________
Export
Import
Export- Import
Entrepot
Public Sector enterprises are those business enterprises that are __________________________________________
