wayground logo

Free Printable Worksheets

NEW

Font size

S
M
L
XL
Worksheets

11th GSEB [Ch-1 to 5] [T-28] [Dt : 6/10/21]

Total questions: 44

Worksheet time: 7mins

Name
Class
Date
1.

What is the objective of economic activity?

a)

Service

b)

Financial return

c)

Love

d)

Emotion

2.

Which of the following principal is not an insurance principle?

a)

Principal of Utmost Good Faith

b)

Principal of Indemnity

c)

Principal of Insurable Interest

d)

Principal of Profit

3.

In which kind of account generally interest is not paid on the deposit?

a)

Savings account

b)

Current account

c)

Recurring account

d)

Fixed deposit account

4.

By which process the customer is provided the facility of purchases and sale by the bid of the production?

a)

Business to Customer

b)

Business to Business

c)

Customer to Customer

d)

Business to Customer

5.

Which utility is created when finished goods are manufactured from the raw material?

a)

Place

b)

Time

c)

Economic

d)

Form

6.

Which is the oldest form of Business enterprise?

a)

Sole Proprietorship

b)

Partnership

c)

Co-operative Society

d)

Company

7.

Which types of Insurance involves highest risk, out of the following?

a)

Goods Transport Insurance

b)

Marine Industries

c)

Air Insurance

d)

Rail/Road Insurance

8.

Which facility of bank can be used against the risk of cash in travelling?

a)

Demand Draft

b)

Cheque

c)

Pay-order

d)

Travelers’ cheque

9.

Minimum how much amount can be transferred in NEFT?

a)

Any amount

b)

2 Lakh

c)

5 Lakh

d)

50,000

10.

To type the message on computer screen and communicate with the help of computer by the medium of internet; this activity is known as ___________.

a)

E-Commerce

b)

Fax

c)

Intranet

d)

E-mail

11.

In which form the owner, establisher and manager is only one?

a)

Joint Enterprise

b)

Government Company

c)

Co-Operative Society

d)

Sole Proprietor

12.

With what is the objective of benefits of maximum of wealth of business connected?

a)

Manager

b)

Employee

c)

Owner

d)

Customer

13.

How much amount is paid for Kisan Vikas Patra on maturity?

a)

Double

b)

Triple

c)

Four Times

d)

Five Times

14.

What type of activity is trade?

a)

Economic

b)

Non-economic

c)

Religious

d)

Social

15.

The Railway tickets are available from any place: Which network facilities this?

a)

Enterprise WAN

b)

LAN

c)

MAN

d)

CAN

16.

The firm of Hindu Undivided Family is managed by whom?

a)

Owner

b)

Karta

c)

Manager

d)

Partner

17.

The commercial transaction and distribution which is done with the help of Electronic machine and medium known as

a)

Intranet

b)

E-commerce

c)

E-mail

d)

Internet

18.

Which card is issued to the customer by the bank on the basis of his credit?

a)

Debit card

b)

Credit card

c)

Letter of credit

d)

Demand draft

19.

What is the reward of employment?

a)

Salary

b)

Fees

c)

Profit

d)

Capital

20.

Which type of insurance is ancient and widely prevalent?

a)

Good Transit Insurance

b)

Marine Insurance

c)

Air Insurance

d)

Rail/Road Insurance

21.

What is the name of the central bank (Monetary Authority) of India?

a)

State Bank of India

b)

Central Bank of India

c)

Reserve Bank of India

d)

Bank of India

22.

In the firm of Hindu Undivided Family, how one gets the membership?

a)

By Agreement

b)

By Birth

c)

By Investing Capital

d)

By Managing

23.

In which kind of account, it is compulsory to deposit certain amount at certain time?

a)

Savings account

b)

Current account

c)

Recurring account

d)

Fixed deposit account

24.

The process by which the whole process of understanding is created in the mind of the other person is known as

a)

Message

b)

Communication

c)

E-mail

d)

E-Commerce

25.

When did the Indian Partnership Act came in to existence?

a)

1932

b)

1956

c)

1960

d)

2013

26.

What is meant by production by adding utility to the natural wealth?

a)

Trade

b)

Auxiliary service

c)

Commerce

d)

Industry

27.

What type of cheque is used by the bank to repay its debt?

a)

Travelers’ cheque

b)

Pay-order

c)

Demand draft

d)

Cash credit

28.

In which kind of account the bank gives maximum rate of interest on the deposited amount?

a)

Current account

b)

Fixed deposit account

c)

Recurring account

d)

Saving account

29.

What is the minimum number of partner in Partnership firm?

a)

2

b)

3

c)

5

d)

7

30.

Which types of industries are agriculture, animal-husbandry, and fisheries?

a)

Primary

b)

Secondary

c)

Tertiary

d)

Capital intensive

31.

In which types of money order services, money does not reach to the doorstep of the receiver?

a)

Ordinary Money Order

b)

Instant Money Order (IMO)

c)

E-Money Order

d)

Special Money Order

32.

In which kind of transaction the central bank transacts as per Batch?

a)

NEFT

b)

RTGS

c)

CORE Banking

d)

Call Money

33.

What is known as the ‘super highway’ of the information?

a)

Internet service

b)

Banking service

c)

E-Commerce

d)

Outsourcing

34.

According to Indian Partnership Act the registration of Partnership firm is ___________.

a)

Compulsory

b)

Not Compulsory

c)

Not essential for interest

d)

Not in the interest of firm

35.

How do the banks transact with one another to solve the problems of fund/money occurring at certain time?

a)

Call Money

b)

Pay-Order

c)

Over Draft

d)

Cash Credit

36.

Which is the yard stick for the efficiency of business?

a)

Profit

b)

Management

c)

Production

d)

Sales

37.

How much can foreign Insurance Companies invest in Indian insurance companies?

a)

25%

b)

49%

c)

74%

d)

100%

38.

Partnership created for doing Business with time limit means ___________.

a)

Firm with Limited Liability

b)

Voluntary Partnership

c)

In active Partnership Firm

d)

Partnership firm with Time Limit

39.

Minimum how much amount can be transferred through RTGS?

a)

Any amount

b)

2 Lakh

c)

5 Lakh

d)

50,000

40.

What is necessary to continue the business?

a)

Non-economic activity

b)

Service to country

c)

Profit

d)

Re-export

41.

Which type of economic activity is performed by a government servant getting salary in return of his work?

a)

Business

b)

Profession

c)

Employment

d)

Commerce

42.

The firm whose life span is depend upon the wishes of partner, such firm means ______________.

a)

Time limit Partnership

b)

Voluntary Partnership

c)

Nominee Partnership

d)

Inactive Partnership

43.

The Business units allot their works to the outside institution that is known as:

a)

E-Commerce

b)

Outsourcing

c)

E-mail

d)

Net-Banking

44.

What is the facility of overdraft for the certain period is called?

a)

Pay Order

b)

Cash Credit

c)

Demand Draft

d)

Over Draft