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