KENDRIYA VIDYALAYA CME PUNE – 31
ACADEMIC YEAR 2011 - 2012
I UNIT TEST
CLASS XI B
SUBJECT: BUSINESS STUDIES MAX.MARKS: 40
Q.1 Choose the correct answer from the following. (1 x 3 marks)
1. The occupation in which people work for others and get remunerated in return is known as:
a. Business b.Employment c. Profession d.None of them
2. The industries which provide support to other industries are known as:
a. Primary industries b. Secondary industries c. Commercial industries d. Tertiary industries.
3. Liability of sole proprietor is:
a. Rs 10000 only b. limited c. unlimited d. none of them
Q.2 Define – business (3 marks)
Q.3 Give three examples each of economic activities and non-economic activities. (3 marks).
Q.4 Mention any three causes of business risks. (3 marks)
Q.5 Mention the various forms of business organization (3 marks)
Q.6 What are various types of industries? (3 marks)
Q.7 Explain the term Wholesale trade and Entrepot. (3 marks)
Q.8 Write any three multiple objectives of business. (3 marks)
Q.9 What do you mean by sole proprietorship firm? Explain any three features of it. (4 marks)
Q.10 Explain the characteristics features of business. (6 marks)
Q.11 Compare business with profession and employment. (6marks)
Point of difference: Qualification, return or reward and Transfer of interest.
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