Quiz on Introduction to Commerce and Business
#1. Buying and selling of goods within the boundaries of the same country is known as ……………
#2. Commerce is a branch of …………
#3. …………. industry is related with drawing of goods from beneath the earth.
#4. An employee gets a fixed return known as …………..
#5. Buying the goods in raw form from a foreign country and selling the same to another country in the finished form is called …….. trade.
#6. Return in business is called
#7. Aim of business is to earn ……….
#8. Difficulty of finance is solved by …………..
#9. Warehousing creates ………… utility in goods.
#10. …………… is an activity where a person has to work under a contract of service.
#11. Actual buying and selling of goods is known as ……..
#12. A business unit depends upon …………… for selling its output.
#13. The supportive agencies to trade transactions are known as ……………
#14. Place utility is created by ……………
#15. A lawyer is ……………..
#16. National level code of conduct is prepared for ………………
#17. Industry creates ……………
#18. The problem of distance is solved by…………….
#19. Buying and selling goods between the two countries is known as …………….
#20. Construction of dams is an activity done under …………. industry.
#21. The activity that removes difficulty of risk is ………….
#22. …………………. mainly related with the production of goods.
#23. The business activity concerned with the distribution of goods and services is known as …………..
#24. Raw material is converted into finished product by …………… industry.
#25. Buying goods and services from foreign countries for home consumption is called ………… trade.
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