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11th Standard Commerce Classification of Business Activities English Medium Free Online Test One Mark Questions 2020 - 2021

11th Standard

    Reg.No. :
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Commerce

Time : 00:10:00 Hrs
Total Marks : 10

    Answer all the questions

    10 x 1 = 10
  1. Auxiliaries to trade is also called as ________.

    (a)

    Trade

    (b)

    Advertisement

    (c)

    Warehousing

    (d)

    Aids to Trade

  2. Normally high level risk involved in ___________

    (a)

    Industry

    (b)

    Commerce

    (c)

    Trade

    (d)

    All of the above

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

    (a)

    Primary Industry

    (b)

    Secondary Industry

    (c)

    Commercial Industry

    (d)

    Tertiary Industry

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

    (a)

    business

    (b)

    trade

    (c)

    industry

    (d)

    commerce

  5. Warehouse facilities create ____________ utility.

    (a)

    service

    (b)

    place

    (c)

    time

    (d)

    form

  6. Which of the following is not correctly matched?

    (a)

    Analytical Industry - oil refinery

    (b)

    Synthetic Industry - sugar industry

    (c)

    Processing Industry - Paper industry

    (d)

    Assembling Industry - Automobile industry

  7. MSME Development Act was established in the year______

    (a)

    2002

    (b)

    2005

    (c)

    2006

    (d)

    2009

  8. Which of the following is not categorized as commerce?

    (a)

    Buy goods with the aim of selling at profit.

    (b)

    Exchange and Distribution of goods and services

    (c)

    An individual sells his asset.

    (d)

    None of the above.

  9. Where is the mechanical appliances and technical skills used?

    (a)

    Industry

    (b)

    Commerce

    (c)

    Business

    (d)

    Trade

  10. Neyveli Lignite Corporation is an example of.................. Industries.

    (a)

    Genetic

    (b)

    Manufacturing

    (c)

    Extractive

    (d)

    Construction

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