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11th GSEB [Test No.5]

Total questions: 15

Worksheet time: 4mins

Name
Class
Date
1.

What is the minimum amount to be paid in PPF?

a)

₹1000 per annum

b)

₹500 per annum

c)

₹5000 per annum

d)

₹10000 per annum

2.

Which type of parcel is sent very speedily within prescribed time limit?

a)

Speed Parcel

b)

Express Parcel

3.

The principle of utmost good faith focuses on ____________.

a)

Providing all the necessary information to each other

b)

Insuree must have financial interest in the product insured

4.

The insuree must have financial interest in the product insured is ______________.

a)

Principle of Subrogation

b)

Principle of Insurable Interest

c)

Principle of Indemnity

d)

Principle of Utmost Faith

5.

Which of the following principle of insurance is not applicable to life insurance?

a)

Principle of Subrogation

b)

Principle of Indemnity

c)

Principle of Insurable Interest

d)

only (A) and (B)

e)

None of the above

6.

Any trader or manufacturer who owns a godown for storage of his goods according to his requirement is ______________.

a)

Public Warehouse

b)

Bonded Warehouse

c)

General Warehouse

d)

Private Warehouse

7.

Which type of godown are situated near railway station, port and airport?

a)

Private Godown

b)

Public Godown

8.

Goods for which custom duty has not been paid are stored in the godown are ____________.

a)

General Godown

b)

Bonded Godown

c)

Specific Godown

9.

Explosive, Crackers, Poisonous Chemicals, Cooking Gas, Petrol etc are stored in

a)

Godown for product whose custom duty is paid

b)

Specific Godown

c)

Public Godown

d)

Private Godown

10.

Who am I?

I am dependent activity, Fixed salary is paid.

a)

Profession

b)

Business

c)

Employment

11.

A trader sends oranges to Rajkot and purchases from Nagpur.

Which type of Trade it is?

a)

Internal Trade

b)

International Trade

12.

Import Trade, Export Trade and Re-Export Trade comes under ____________.

a)

Internal Trade

b)

International Trade

13.

Bakery industry is an example of _______________.

a)

Primary Industry

b)

Secondary Industry

c)

Tertiary Industry

14.

Economic activity means _____________.

a)

Activity carried out with objective of economic benefit.

b)

No monetary returns

15.

____________ is the barometer of Business.

a)

Wealth

b)

Utility

c)

Profit