Quiz on Introduction to Commerce and Business

#1. A lawyer is ……………..

#2. Return in business is called

#3. Commerce is a branch of …………

#4. An employee gets a fixed return known as …………..

#5. The problem of distance is solved by…………….

#6. A business unit depends upon …………… for selling its output.

#7. Aim of business is to earn ……….

#8. …………… is an activity where a person has to work under a contract of service.

#9. Industry creates ……………

#10. Raw material is converted into finished product by …………… industry.

#11. Buying and selling of goods within the boundaries of the same country is known as ……………

#12. Warehousing creates ………… utility in goods.

#13. Actual buying and selling of goods is known as ……..

#14. Buying the goods in raw form from a foreign country and selling the same to another country in the finished form is called …….. trade.

#15. Difficulty of finance is solved by …………..

#16. Buying and selling goods between the two countries is known as …………….

#17. Place utility is created by ……………

#18. The activity that removes difficulty of risk is ………….

#19. …………………. mainly related with the production of goods.

#20. …………. industry is related with drawing of goods from beneath the earth.

#21. Construction of dams is an activity done under …………. industry.

#22. The business activity concerned with the distribution of goods and services is known as …………..

#23. The supportive agencies to trade transactions are known as ……………

#24. Buying goods and services from foreign countries for home consumption is called ………… trade.

#25. National level code of conduct is prepared for ………………

Finish

Results