NCERT Class 11 Chapter 1 Business Studies Nature and Purpose of Business MCQ | Questions & Answers

NCERT Class 11 Chapter 1 Business Studies Nature and Purpose of Business MCQ | Questions & Answers: Take up the Online MCQ quiz that we have established below for the Class 11 Chapter 1 Business Studies Nature and Purpose of Business concept. These multiple-choice questions that we have provided here will help you guys learn new things about this topic.

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1. Name the auxiliary to trade which removes the hindrance of time

2. Soaps are included under which type of industry

3. The economic activity in which specialized knowledge is required is

4. Everest Textile Ltd is involved in manufacturing textile products. In which industry is the company involved?

5. The industries which provides support services to other industries are known as

6. A business firm in India buy toys from China to sell it to Nepal. Identify the type of trading activity mentioned above?

7. Code of conduct DOES NOT include

8. Which of the following creates form utility?

9. Risk is the result of

10. Commerce includes