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