Quiz on Introduction to Commerce and Business

#1. Return in business is called

#2. Industry creates ……………

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

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

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

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

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

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

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

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

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

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

#13. Commerce is a branch of …………

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

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

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

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

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

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

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

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

#22. A lawyer is ……………..

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

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

#25. Aim of business is to earn ……….

finish

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