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
| NCERT Class 11 Business StudiesBusiness Trade and Commerce |
| NCERT Class 11 Business Studies Forms of Business Organisation |
| NCERT Class 11 Business Studies Private Public and Global Enterprises |
| NCERT Class 11 Business Studies Business Services |
| NCERT Class 11 Business Studies Emerging Modes of Business |
| NCERT Class 11 Business Studies Social Responsibilities of Business And Business Ethics |
| NCERT Class 11 Business Studies Formation of a Company |
| NCERT Class 11 Business Studies Sources of Business Finance |
| NCERT Class 11 Business Studies Small Business |
| NCERT Class 11 Business Studies Internal Trade |
| NCERT Class 11 Business Studies International Business I |
| NCERT Class 11 Business Studies International Business II |
NCERT Book Class 11 Business Studies 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. Along with Business Studies Class 11 NCERT Book in Pdf for Chapter 1 Business Trade and Commerce we have provided all NCERT Books in English Medium for Class 11 which will be really helpful for students who have opted for english language as a medium. Class 11 students will need their books in English so we have provided them here for all subjects in Class 11.
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