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