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