BUSINESS STUDIES - MCQs FOR CLASS XI CLASS

MULTIPLE CHOICE QUESTION

Q1. Which of the following is not an economic activity?

(a)Production               (b)Trading in goods

(c) Professional            (d)Social service

Q2. Which of the following is not a business activity?

(a)Production of goods        (b) Work in a factory for wages

(c) Exchange of goods          (d) Transportation

Q3. Which of the following is not a characteristic of business?

(a)Production           (b) Exchange or sale

(c) Wages or salaries to investors      (d) Risk element

Q4. To what category of industries can sugar mill or oil refinery be put?

(a)Primary        (b) Secondary

(c) Tertiary       (d) None of the above

Q5. Identify the activity which is not an auxiliary to trade?

(a)             Banking       (b) Warehousing

(c)Insurance        (d) Mining

Q6. Name the occupation in which people work for others in return for wages or salaries?

(a)Employment       (b) Business

(c) Profession          (d) None of the above

Q7. Support  services to industrial \business activities are clubbed under?

(a)             Commercial industries    (b) Primary industries

(c)Secondary industries           (d) Tertiary industries

Q8. Which of the following is not a cause of business risk ?

(a)             Breakdown of machinery      (b) Efficient management

(c)Riot                          (d) Changing government policy

Q9. Why should a business earn profit

(a)To provide return to investors.

(b)To provide funds for future growth .

(c)To increase the reputation of business.   

(d)All the above

Q10. Which of the following in not a true statement?

(a)The scope of commerce is narrower than business.

(b)Commerce includes trade and auxiliaries to trade.

(c)Foreign trade is purchase and sale by the traders of the same country.

(d)Traders serve as a link between producers and consumers.

ANSWERS……………. 1(d)  2(b)  3(c)  4(b)  5(d)  6(a) 7(d) 8(b) 9(d) 10(c).

Q11. Equity shareholders are called

a)    Owners of the company

b)    Partners of the company

c)     Executives of the company

d)    Guardian of the company

       Q12. The term redeemable is used for

a)    Preference shares

b)    Commercial papers

c)     Equity shares

d)    Public deposits

        Q13. Funds required for purchasing current assets is an example of

a)    Fixed capitalrequirements

b)    Ploughing back of profits

c)     Working capital requirements

d)    Lease financing

Q14. ADRs are issued in

a)    Canada

b)    China

c)     India

d)    Usa

Q15.public deposits are the deposits that are raised directly from

a)    public

b)    directors

c)     auditors

d)    owners

Q16.debetures represent

a)fixed capital of a company

b) permanent capital of company

c) fluctuating capital of company

d) loan capital of company

Q17. Internal sources of capital are those that are

a)    generated through outsiders

b)    generated through loan from commercial banks

c)     gaenerated through issue of shares

d)    generated within the business

Q18.what is GDR

a)    Gross domestic return

b)    General depository receipt

c)     Global depository receipt

d)    Global deemed return

Q19.Who get preferential rights

a)    Equity

b)    Debenture

c)     ADR

d)    Preference shares

Q20.When was IDBI set up

A)   1974

B)    1964

C)    1963

D)   1973

BUSINESS SERVICES

MCQ

1.Which is the central Bank of India

a) Central Bank

b)State Bank of India        

c) Bank of India                 

d) Reserve Bank of India

2. Time utility is created by

     a) Transportation        

b) Banking               

c) Warehousing                  

d) Communication

3. Which of the following is a contract of Indemnity

     a) Marine Insurance      

b )Fire Insurance     

c) Life Insurance       

d) all the above

4. The functions of a commerce include

     a) acceptance of deposits        

b) granting of loans  

c) Locker facility      

d) all the above

5. Which is considered as the cheapest means of transportation

     a) Air         

b) Road

c) Water

d) Railway

6. Which of the following is an allied postal service-

     a) Greeting post            

b) Media post 

c) Speed post  

d) Passport Application

7. What is the full form of WWW

     a) world wide width      

b) world wide work

     c) world wild web

d) world wide web

8. DTH services are provided by

a) Transport Company

b) Banks

c) Cellular Company

d) None of these

9. It is not a type of general insurance

a) Marine Insurance

b) Fidelity Insurance

c) Fire Insurance

d) Life Insurance

10.  The validity period of a demand draft is

a) One month

b) Two Months

c) Three months

d) Six Months

PRIVATE PUBLIC AND GLOBAL.

Q1. This investment of  PSF implies

A)     Sale of equity private /public

B)     Investing in new area

C)     Closing down operation

D)     Buying share of PSE

Q2. PSE are organization owned

a)      HUF

b)     Government

c)      Foreign company

d)     Private entrepreneurs

Q3. Reconstruction of sick public sector units is a taken by

A)     MOFA

B)     MOLL

C)     BIFR

D)     NRF

Q3. Centralized control in MNC employees control   exercised by

A)     Braches

B)     Subsidiaries

C)     Head quarters

D)     Parliament

Q4. A government company is any company in which the paid up capital held by the government is not less than

a)      49%

b)     50%

c)      25%

d)     51%

Q5. Which is the example of Government Company?

a)      LIC

b)     SAIL

c)      RAILWAY

d)     RIL

Q7.Which is the departmental under taking.

a)      LIC

b)     SAIL

c)RAILWAY

d)RIL

Q8. Which is the statutory corporation?

a)      LIC

b)     SAIL

c)      RAILWAY

d)     RIL

Q9. Which company formed a as result of partnership between two company.

a)      Statutory company

b)     Departmental  undertaking

c)      Joint Venture

d)     Government Company

Q10. Which company having business operation in more than one country:-

a)      Multinational Company

b)     Departmental Undertaking

c)      Statutory Corporation

d)     Government Company