Question

SUBJECT: BUSINESS STUDIES
SESSION : 2020-21 ( CLASS - XI-COMMERCE)
Q1. Identify the activity which is not an auxiliary to trade?
(a) Banking (b) Warehousing
(c) Insurance (d) Mining
Q2. Industries like sugar mill or oil refinery are put under which category-
(a) Primary (b) Secondary
(c) Tertiary (d) None of the above
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Q3. Which of the following is not a characteristic of business?
(a) Production (b) Exchange or sale
(e) Wages or salaries (d) Risk element
04. Which of the following is not a business activity?
(a) Production of goods (b) Work in a factory for wages
(c) Exchange of goods (d) Transportation
Q5. Which of the following is not an economic activity?
(a) Production (b) Trading in goods
(c) Professional (d) Social service
Q6. Name the occupation in which people work for others in return for wages or salaries?
la) Employment (b) Business
(c) Profession (d) None of the above
Q7. Support services to industrial \business activities are clubbed under?
(a) Commercial industries (b) Primary industries
(c) Secondary industries (d) Tertiary industries
Q8. Which of the following is not a cause of business risk?
(a) Breakdown of machinery (b) Efficient management
(c) Riot (d) Changing government policy​

Answer 1

Answer:

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