Free MCQ’s Quiz on Class 11 Business Studies – Chapter 1 – Nature and Purpose of Business – Set 2
Free MCQ’s Quiz for Class 11 Business Studies – Chapter 1 – Nature and Purpose of Business with Answers is prepared based on the latest CBSE Exam Pattern for the Academic Session. Students can solve NCERT based Class 11th – Business Studies – ‘Nature and Purpose of Business’ Multiple Choice Questions with Answers to know their preparation level on the Success Roar Classes website.
Here, we have provided Free MCQ’s Quiz on Class 11 Business Studies – Chapter 1 – Nature and Purpose of Business. The Nature and Purpose of Business consist of two parts. The history of commerce and trade in ancient India was discussed in Section I. The concept, nature, and purpose of business are covered in Section II.
To make you perfect in this topic – Use of Statistical Tools, we are here with a set of MCQs Quiz that will help you in brushing up the understanding of the concepts.
Free MCQ’s on Nature and Purpose of Business.
Free MCQ’s on Nature and Purpose of Business
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#1. The possibility of insufficient profits or even losses as a consequence of uncertainties is referred to as ___.
#2. Which of the following is unlikely to be a factor in establishing a business?
#3. What are the two main types of business activities?
#4. Commerce includes activities related to trade and ______ to trade.
#5. Which of the following characteristics of business risks is not correct?
#6. There is a transfer of interest in the case of
#7. Types of human activities are
#8. Which of the following activities is not considered non-economic?
#9. Economic activities categorised as business, ______ and employment.
#10. It is unlikely that any business risk will occur due to.
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