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11th Standard Commerce Objectives of Business 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. The Primary objective of a business is

    (a)

    Making Profit

    (b)

    Not making Profit

    (c)

    Special Skill

    (d)

    None of the above

  2. The following does not characterize business activity?

    (a)

    Production of goods and services

    (b)

    Presence of risk

    (c)

    Sale or exchange of goods and services

    (d)

    Salary or wages

  3. Which one of the following is not an economic activity?

    (a)

    Production of goods

    (b)

    Distribution of goods

    (c)

    Celebrating birthday

    (d)

    Selling by retailers

  4. Large scale units require ____________ capital.

    (a)

    less

    (b)

    huge

    (c)

    fixed

    (d)

    none of these

  5. Which of the following is not characterized as economic activities?

    (a)

    Production of goods by manufacturer

    (b)

    Selling by retailers

    (c)

    Medical advice rendered by physician

    (d)

    Celebrating festivals

  6. A Systematic body of knowledge is the basic requirement of______

    (a)

    Employment

    (b)

    Job

    (c)

    Business

    (d)

    Profession

  7. The National Objectives of business is_______

    (a)

    Promote Social justice

    (b)

    Special skill

    (c)

    Making profit

    (d)

    Satisfaction of employees

  8. Occupations may be classified into _______ categories.

    (a)

    One

    (b)

    Two

    (c)

    Three

    (d)

    Four

  9. Conversion of raw material into finished product creates .........utility

    (a)

    form

    (b)

    place

    (c)

    time

    (d)

    storage

  10. Business deals with goods and ......

    (a)

    utility

    (b)

    consumer

    (c)

    services

    (d)

    customer

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