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