NCERT Class 11 Business StudiesBusiness Trade and Commerce

Read and download NCERT Class 11 Business Studies Business Trade and Commerce in NCERT book for Class 11 Business Studies. You can download latest NCERT eBooks chapter wise in PDF format free from Studiestoday.com. This Business Studies textbook for Class 11 is designed by NCERT and is very useful for students. Please also refer to the NCERT solutions for Class 11 Business Studies to understand the answers of the exercise questions given at the end of this chapter

NCERT Book for Class 11 Business Studies Chapter 1 Business Trade and Commerce

Class 11 Business Studies students should refer to the following NCERT Book Chapter 1 Business Trade and Commerce in Class 11. This NCERT Book for Class 11 Business Studies will be very useful for exams and help you to score good marks

Chapter 1 Business Trade and Commerce NCERT Book Class 11

EXERCISES

Multiple Choice Questions

1. Which of the following does not characterise business activity?

(a) Production of goods (b) Presence of risk and services

(c) Sale or exchange of (d) Salary or wages goods and services

2. Which of the broad categories of industries covers oil refinery and sugar mills ?

(a) Primary (b) Secondary

(c) Tertiary (d) None of them

3. Which of the following cannot be classified as an auxilliary to trade?

(a) Mining (b) Insurance

(c) Warehousing (d) Transport

4. The occupation in which people work for others and get remunerated in return is known as

(a) Business (b) Employment

(c) Profession (d) None of them

5. The industries which provide support services to other industries are known as

(a) Primary industries (b) Secondary industries

(c) Commercial industries (d) Tertiary industries

6. Which of the following cannot be classified as an objective of business?

(a) Investment (b) Productivity

(c) Innovation (d) Profit earning

7. Business risk is not likely to arise due to

(a) Changes in government policy (b) Good management

(c) Employee dishonesty (d) Power failure

Short Answer Questions

1. State the different types of economic activities.

2. Why is business considered an economic activity?

3. Explain the concept of business.

4. How would you classify business activities?

5. What are various types of industries?

6. Explain any two business activities which are auxiliaries to trade.

7. What is the role of profit in business?

8. What is business risk? What is its nature?

Long Answer Questions

1. Explain the characteristics of business.

2. Compare business with profession and employment.

3. Explain with examples the various types of industries.

4. Describe the activities relating to commerce.

5. Why does business need multiple objective? Explain any five such objectives.

6. Explain the concept of business risk and its causes.

7. What factors are important to be considered while starting a business? Explain.

Please refer to attached file for NCERT Class 11 Business Studies Nature and Purpose of Business

Business Studies NCERT Book Class 11 Chapter 1 Business Trade and Commerce

The above NCERT Books for Class 11 Business Studies Chapter 1 Business Trade and Commerce have been published by NCERT for latest academic session. The textbook by NCERT for Chapter 1 Business Trade and Commerce Business Studies Class 11 is being used by various schools and almost all education boards in India. Teachers have always recommended students to refer to Chapter 1 Business Trade and Commerce NCERT etextbooks as the exams for Class 11 Business Studies are always asked as per the syllabus defined in these ebooks. These Class 11 Chapter 1 Business Trade and Commerce book for Business Studies also includes collection of question. We have also provided NCERT solutions for Class 11 Business Studies which have been developed by teachers of StudiesToday.com after thorough review of the latest book and based on pattern of questions in upcoming exams for Class 11 students.

NCERT Book Class 11 Business Studies Chapter 1 Business Trade and Commerce

The latest NCERT book for Chapter 1 Business Trade and Commerce pdf have been published by NCERT based on the latest research done for each topic which has to be taught to students in all classes. The books for Class 11 Business Studies Chapter 1 Business Trade and Commerce are designed to enhance the overall understanding of students. All Class 11 NCERT textbooks have been written in an easy to understand language which will help to enhance the overall level of Class 11 students. 

Chapter 1 Business Trade and Commerce NCERT Book Class 11 Business Studies

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Class 11 Business Studies Chapter 1 Business Trade and Commerce NCERT Book

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Class 11 Chapter 1 Business Trade and Commerce NCERT Book Business Studies

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