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Class 11 Business Studies Chapter 1 Business, Trade And Commerce Quiz 5 (25 MCQs)

Quiz Instructions

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1. Which of the following does not represent the role of profit in business:
2. Leading trade centres of India were-
3. Which of the following is an auxiliary to trade?
4. In the ancient times, the foreign traders had their headquarters in ..... city.
5. Commerce includes
6. In which year "Vascoda Gama" comes to India?
7. Assertion (A)-Business is considered as an economic activity.Reasoning (R)-Any activity is called an economic activity when it is done with a view of earning money and the motive of business is to earn profit primarily.
8. What does business means to you?
9. Name the two broad categories of business activities.
10. Soaps are included under which type of industry?
11. Assertion (A)-Profit play a vital role in any business.Reasoning (R)-Earning of profit is essential for any business because of the many reasons like means of livelihood, rewards of risk-taking and for the purpose of growth.
12. Which is not a Nature of Business Risks?
13. Banking is .....
14. Which city was famous for "stones" in ancient India?
15. Commerce includes activities relating to trade and .....
16. Auxiliaries of trade =
17. Taking out fish from.river is the example of
18. No capital is required in .....
19. Which of the following creates 'form Utility'?
20. The famous traveler "Megasthenes" was belong to which of the following country?
21. Which of the following is a type of auxiliary to trade?
22. The industries which provide support services to other industries are known as
23. Transfer of interest exists in the case of
24. "No minimum qualification is necessary." The given statement characterizes
25. "Amrut" is an NGO operating in the district of Rajkot since 2005. It deals in providing medicines and other medical facilities to the rural, backward, and below-poverty-line people in the district. In case of need, arrangements are made by the NGO to shift critical patients to referred hospitals. Name the type of human activities performed by the NGO "Amrut" .
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