11th Class Business Studies Evolution And Fundamentals Of Business Question Bank

done Evolution and Fundamentals of Business (MCQ) Total Questions - 17

• question_answer1)
  Which of the following does not characterise business activity?
  A)
  Production of goods and services done clear
  B)
  Presence of risk done clear
  C)
  Sale or exchange of goods and services done clear
  D)
  Salary or wages   done clear
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• question_answer2)
  Which of the broad categories of industries covers, oil refinery and sugar mills?   
  A)
  Primary done clear
  B)
  Secondary done clear
  C)
  Tertiary done clear
  D)
  None of them   done clear
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• question_answer3)
  Which of the following cannot be classified as an auxiliary to trade?              
  A)
  Mining done clear
  B)
  Insurance done clear
  C)
  Warehousing done clear
  D)
  Transport done clear
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• question_answer4)
  The occupation in which people work for others and get remunerations in return is known as                                                                    
  A)
  Business done clear
  B)
  Employment done clear
  C)
  Profession done clear
  D)
  None of them done clear
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• question_answer5)
  The industries which provides support services to other industries are known as
  A)
  Primary industries done clear
  B)
  Secondary industries done clear
  C)
  Commercial industries done clear
  D)
  Tertiary industries  done clear
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• question_answer6)
   Which of the following cannot be classified as an objective of business?           
  A)
  Investment done clear
  B)
  Productivity done clear
  C)
  Innovation done clear
  D)
  Profit earning done clear
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• question_answer7)
  Business risk is not likely to arise due to
  A)
  Changes in government policy done clear
  B)
  Good management done clear
  C)
  Employee dishonesty done clear
  D)
  Power failure done clear
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• question_answer8)
  Which of the following is an economic activity?
  A)
  Cooking food for self-consumption done clear
  B)
  Cooking food for sale done clear
  C)
  Cooking food for donation done clear
  D)
  All of the above done clear
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• question_answer9)
  Which of the following is not a business activity?
  A)
  Production of goods done clear
  B)
  Trading of goods done clear
  C)
  Storage of goods done clear
  D)
  Working in a hospital for wages done clear
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• question_answer10)
  Which of the following is not a feature of employment?
  A)
  Fixed wages done clear
  B)
  Agreement between employer and employee done clear
  C)
  Terms and conditions done clear
  D)
  Element of risk done clear
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• question_answer11)
  Choose the odd one out:
  A)
  Insurance done clear
  B)
  Warehousing done clear
  C)
  Mining done clear
  D)
  Banking done clear
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• question_answer12)
  Which of the following is not an insurable risk?
  A)
  Risk of theft done clear
  B)
  Risk of fire done clear
  C)
  Risk of change in the pattern of demand done clear
  D)
  All of these done clear
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• question_answer13)
  Which of the following is a cause of business risk?
  A)
  Natural causes done clear
  B)
  Political causes done clear
  C)
  Economic causes done clear
  D)
  All of the above done clear
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• question_answer14)
  Profits are necessary for:
  A)
  Expansion done clear
  B)
  Survival done clear
  C)
  Innovation done clear
  D)
  All of the above done clear
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• question_answer15)
  Objectives of business do not include:
  A)
  Higher returns to investors done clear
  B)
  Employee satisfaction done clear
  C)
  Maximum price from consumers done clear
  D)
  Market standing. done clear
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• question_answer16)
  Which of the following is an example of genetic industry?
  A)
  Mining done clear
  B)
  Lumbering done clear
  C)
  Animal husbandry done clear
  D)
  Hunting done clear
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• question_answer17)
  Which of the following is an example of secondary industry?
  A)
  Genetic industry done clear
  B)
  Extractive industry done clear
  C)
  Synthetic industry done clear
  D)
  All of the above done clear
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