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Worksheets11th GSEB BO Ch : 1 to 5 Batch - 1
Total questions: 40
Worksheet time: 20mins
What is the objective of economic activity?
Service
Financial Return
Love
Emotion
What is necessary to continue the business?
Non-economic activity
Service to country
Profit
Re-export
Which is the yard stick for the efficiency of business?
Profit
Management
Production
Sales
Which utility is created when finished goods are manufactured from the raw material ?
Place
Time
Economic
Form
With what is the objective of benefit of maximization of wealth of business connected?
Manager
Employee
Owner
Customer
What is the reward of employment?
Salary
Fees
Profit
Capital
What type of activity is trade?
Economic
Non-economic
Religious
Social
What is meant by production by adding utility to the natural wealth?
Trade
Auxiliary services
Commerce
Industry
Which types of industries are agriculture, animal-husbandary, fisheries?
Primary
Secondary
Tertiary
Capital intensive
Which type of economic activity is performed by a government servant getting salary in return of his work?
Business
Profession
Employment
Commerce
Which of the following principle is not an insurance principle?
Principle of Utmost good Faith
Principle of Indemnity
Principle of Insurable Interest
Principle of Profit
How much can Foreign Insurance Companies invest in Indian insurance companies?
25 %
49 %
74 %
100 %
Which types of Insurance is ancient and widely prevalent?
Goods Transit Insurance
Marine Insurance
Air Insurance
Rail/Road Insurance
In which types of money order services, money does not reach to the doorstep of the receiver?
Ordinary Money Order
Instant Money Order (IMO)
E-Money Order
Special Money Order
In Which kind of account generally interest is not paid on the deposit?
Savings account
Current account
Recurring account
Fixed deposit account
In which kind of account, it is compulsory to deposit certain amount at certain time?
Savings account
Current account
Recurring account
Fixed deposit account
In which kind of account the bank gives maximum rate of interest on the deposited amount?
Current account
Fixed deposit account
Recurring account
Savings account
What is the name of the central bank (Monetary Authority) of India?
State Bank of India
Central Bank of India
Reserve Bank of India
Bank of India
What is the facility of overdraft for the certain period is called?
Pay Order
Cash credit
Demand draft
Over draft
Which facility of bank can be used against the risk of cash in travelling?
Demand draft
Cheque
Pay-order
Traveller's cheque
Minimum how much amount can be transferred through RTGS?
Any amount
2 lakh
5 lakh
50,000
In which kind of transaction the central bank transacts as per Batch?
NEFT
RTGS
CORE Banking
Call Money
Minimum how much amount can be transferred in NEFT?
Any amount
2 lakh
5 lakh
50,000
Which card is issued to the customer by the bank on the basis of his credit?
Debit card
Credit card
Letter of credit
Demand draft
The Railway tickets are available from any place: Which network facilitates this?
Enterprise WAN
LAN
MAN
CAN
The Business units allot their works to the outside institution that is known as :
E-Commerce
Outsourcing
Net-banking
The process by which the whole process of understanding is created in the mind of the other person is known as ?
Message
Communication
E-Commerce
To type the message on computer screen and communicate with the help of computer by the medium of internet; this activity is known as
E-Commerce
Fax
Intranet
What is known as the 'super highway' of the information?
Internet service
Banking service
E-Commerce
Outsourcing
Which is the oldest form of Business enterprise?
Sole Proprietorship
Partnership
Co-operative Society
Company
In which form the owner, establisher and manager is only one?
Joint Enterprise
Government Company
Co-op. Society
Sole Proprietor
The firm of Hindu Undivided Family is manged by whom?
Owner
Karta
Manager
Partner
In the firm of Hindu Undivided Family, how one gets the membership?
By Agreement
By Birth
By Investing Capital
By Managing
When did the Indian Partnership Act came in to existance?
1932
1956
1960
2013
What is the minimum number of partner in Partnership firm?
2
3
5
7
What is the maximum number of members in a partnership firm at present?
20
30
15
50
According to Indian Partnership Act the Registration of Partnership firm is ............
Compulsory
Not compulsory
Not essential for interest
Not in the interest of firm
Partnership created for doing Business with time limit means ..........
Firm with limited liability
Voluntary Partnership
Inactive
Partnership firm
Partnership firm with time limit
By which process the customer is provided the facility of purchase and sale by the bid of the production?
Business to Customer
Business to Business
Customer to Customer
Business to Customer
Which types of Insurance involves highest risk, out of the following?
Goods transport Insurance
Marine Insurance
Air Insurance
Rail/Raod Insurance
