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Published on: 18/08/2026
Download CBSE Class 11th Standard CBSE Business Studies question papers, sample papers, important questions, and previous year solved papers in PDF format. Get free study materials, NCERT solutions, and exam preparation resources for Class 11th Standard CBSE Business Studies
Questions + Answers key
Take MCQ Business Studies Test

1.
2.
Minor can be full-fledged member of
Co-operative Society
Joint Stock Company
Joint Hindu Family
Partnership
3.
Name the law which governs Joint Hindu Family Business
Partnership Act
Hindu Law
Companies Act, 1956
Contract Act
4.
Which of the following is an example of secondary industry?
Genetic industry
Extractive industry
Synthetic industry
All of the above
5.
Objectives of business do not include:
Higher returns to investors
Employee satisfaction
Maximum price from consumers
Market standing.
6.
Which of the following is not an insurable risk?
Risk of theft
Risk of fire
Risk of change in pattern of demand
All of these
7.
A partner whose association with the firm is unknown to the general public is called
Active partner
Sleeping partner
Nominal partner
Secret partner
8.
Profits do not have to be shared. This statement refers to:
Partnership
Joint Hindu family business
Sole proprietorship
Company
9.
The Karta in Joint Hindu family business has:
Limited liability
Unlimited liability
No liability for debts
Joint liability
10.
Which of the following cannot be classified as an objective of business?
Investment
Productivity
Innovation
Profit earning
11.
12.
1.
2.
(c)
Joint Hindu Family
3.
(b)
Hindu Law
4.
(c)
Synthetic industry
5.
(c)
Maximum price from consumers
6.
(c)
Risk of change in pattern of demand
7.
(d)
Secret partner
8.
(b)
Joint Hindu family business
9.
(b)
Unlimited liability
10.
(a)
Investment
11.
12.
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