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Class 11 Business Studies Chapter 1 Business, Trade And Commerce Quiz 1 (25 MCQs)

Quiz Instructions

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1. Earning profits cannot be the only objective of business.
2. The reward of risk is:
3. Which of the following is a type of risk in business?
4. Which of the following is NOT a characteristic of business?
5. The chance of strike by the workers of factory is an example of
6. What is the primary function of banking in commerce?
7. Lower the risk involved in business, ..... is the chance of profit.
8. What is the primary focus of strategic thinking in business?
9. What is the main purpose of advertising in commerce?
10. Among the following famous travelers who belong to country "MOR0CCO" ?
11. Business risk is not likely to arise due to:
12. Risk is the result of .....
13. Import means:
14. Market standing means
15. Why does business risk arise?
16. The possibilities of inadequate profits or even losses due to uncertainties are known as .....
17. Following are the characteristics of business risks. One of then is not correct. Please identify it.
18. In which year and date "Make in India" was launched by the Government of India?
19. Reward/return for profession is known as
20. Which of the following Cover sugar mills?
21. ..... refers to obligation of business firms to contribute resources for solving social problems and work in a socially desirable manner.
22. Ethics are most important in
23. Hundi that is payable on order following a fixed term is called .....
24. Pisciculture comes under which industry?
25. Two broad categories of business activities are-
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