Objectives of Business Important Questions

11th Standard

    Reg.No. :
  •  
  •  
  •  
  •  
  •  
  •  

Commerce

Answer all the questions

Time : 02:00:00 Hrs
Total Marks : 50
    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. Occupation of a Doctor is

    (a)

    Employment

    (b)

    Business

    (c)

    Profession

    (d)

    Sole Proprietor

  3. 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

  4. Activities undertaken out of love and affection or with social service motive are termed as :

    (a)

    Economic activities

    (b)

    Monetary activities

    (c)

    Non-Economic activities

    (d)

    Financial Activities

  5. Human activities can be categorised in __________ activities.

    (a)

    two

    (b)

    three

    (c)

    four

    (d)

    five

  6. ____________ are the examples of employees.

    (a)

    Owners

    (b)

    producers

    (c)

    wholesalers

    (d)

    factory workers

  7. An enterprise which is owned, managed and controlled by Government and private entrepreneurs is known as_______

    (a)

    Public Enterprise

    (b)

    Private Enterprise

    (c)

    Joint Enterprise

    (d)

    Co-operative Society

  8. __________ refers to the occupation in which people work for others and get remuneration in the form of wages or salaries.

    (a)

    Employment

    (b)

    Profession

    (c)

    Business

    (d)

    Industry

  9. Example of economic activity is ......

    (a)

    celebrating festivals

    (b)

    selling by retailer

    (c)

    food cooking for family

    (d)

    none of th~se

  10. ............refers to any human activities undertaken as a regular baSISobject of profit.

    (a)

    Profession

    (b)

    Trade

    (c)

    Cominerce

    (d)

    Business

  11. 5 x 2 = 10
  12. What do you mean by Employment?

  13. Name the activity which facilitates buying and selling. Explain briefly about it?

  14. What are Joint Enterprises?

  15. What is Private Enterprises?

  16. What is social objectives of business?

  17. 5 x 3 = 15
  18. Explain the concept of 'Business'.

  19. How can you differentiate business, profession and employment on the basis of :
    (i) Nature of work
    (ii) Capital

  20. Give three examples of Economic Activities.

  21. What are the classification of economic activities according. to size?

  22. What are the classification of economic activities on the basis of function?

  23. 3 x 5 = 15
  24. Distinguish between economic and non-economic activity.

  25. How the business activities are classified?

  26. Expalin the types of Economic Activities.

*****************************************

TN 11th Standard Commerce free Online practice tests

Reviews & Comments about 11th Commerce Objectives of Business Important Questions

Write your Comment