New ! Commerce MCQ Practise Tests



Classification of Business Activities - One Mark Questions

11th Standard

    Reg.No. :
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Commerce

Time : 00:30:00 Hrs
Total Marks : 10
    10 x 1 = 10
  1. The industries engaged in extraction of iron ore are known as ___________

    (a)

    Construction Industries

    (b)

    Manufacturing Industries

    (c)

    Extraction Industries

    (d)

    Genetic Industries

  2. Production which involves several stages for manufacturing finished product is known as __________

    (a)

    Analytical Industry

    (b)

    Synthetic Industry

    (c)

    Processing Industry

    (d)

    None of the above

  3. Commerce is mainly concerned with ______.

    (a)

    Connecting producer and consumer

    (b)

    Pricing of Goods

    (c)

    Buying and Selling of Goods

    (d)

    Manufacturing of goods

  4. Industries which are engaged in construction of dames, bridges, roads, etc are called as _____________

    (a)

    Construction Industries

    (b)

    Genetic Industries

    (c)

    Manufacturing Industries

    (d)

    Extractive Industries

  5. The industries which provide support services to other industries are known as _____________

    (a)

    Primary Industry

    (b)

    Secondary Industry

    (c)

    Commercial Industry

    (d)

    Tertiary Industry

  6. Business activities can be classified into ___________ categories.

    (a)

    two

    (b)

    three

    (c)

    four

    (d)

    five

  7. The production side of business activity is referred as ______________

    (a)

    business

    (b)

    trade

    (c)

    industry

    (d)

    commerce

  8. ____________ industry is concerned with production of goods with the help of nature.

    (a)

    Primary

    (b)

    Secondary

    (c)

    Genetic

    (d)

    Tertiary

  9. _____________ industries extract to draw out products from natural sources.

    (a)

    Extractive

    (b)

    Genetic

    (c)

    Analyical

    (d)

    synthetical

  10. _____________ is an essential part of commerce.

    (a)

    Insurance

    (b)

    Banking

    (c)

    Trade

    (d)

    Transporation

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