chapter 1 BS

1

100

The main objective of business is --------------

Profit ലാഭം

200

Anil a cashew dealer at Kollam sold cashew items to America.

Export

300

Commerce = ............. + ............

Trade + Aids to trade

400

Providing services to other industries

Tertiary industry

500

Change in demand,

 theft,

 loss due to fire,

 accident

, changes in interest rate,

change in government policy

CLASSIFY PURE RISK&SPECULATIVE RISK

Ans:
Speculative Risk                                         Pure risk
Change in demand                                      loss due to fire
changes in interest rate                                 Accident
Change in government policy                         Theft

2

100

Hindrance of person is removed by .........................

Trade കച്ചവടം

200

Arjun a trader at Thiruvananthapuram purchased textile items in bulk quantity from
Gujarat.

Wholesale

300

Oil extraction comes under ........... Industry.

Extractive

400

Engaged in activities like rearing and breeding
of animals/birds....

Genetic industry

500

Patna in Bihar today. Commercial town and major centre for export of stones.IDENTIFY   Trade Centre NAME

Pataliputra

3

100

......... is the link between wholesaler and consumer.
(Score:1)

Retailer

200

Products of these industries are immovable

Construction industry

300

Machinery is an example of --------- type of goods.

Capital

400

Providing services to other industries

Tertiary industry

500

A company at Cochin bought some equipment’s from IRAN in order to sell to
FRANCE

Entrepot

4

100

Oil refinery comes under ....................... industry.( Analytical, Synthetical, Processing,
Assembling)

Analytical

200

Converting raw materials into finished goods

Manufacturing industry

300

Which of the following is NOT a characteristics of business

Profit earning, Regularity in dealing, Dealing goods or services, Certainty of return.

Certainty of return.

400

Khan trading company at Cochin bought some equipment’s from France in order to sell to
Srilanka.

Entrepot

500

City in Pakistan, also called Thakshashila. Popularly known as the city of financial and commercial banks.

NAME OF Trade Centre

Taxila

5

100

Insurance comes under ........... Industry

Tertiary

200

Hindrance of risk

Insurance

300

Find the odd one:

 Poultry farm, Agriculture, Floriculture, Fishing

Fishing

400

Hindrance of Finance

Banking

500

------------------------- played an important role in the promotion of trade. They helped the producers especially in foreign trade. They consist of commission agents, brokers and distributors for wholesale and retail of goods.

Intermediaries