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Business Studies (215)
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1. Mining is which Types of economic activity ?
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(A) Business
(B) Profession
(C) Employment
(D) None of the above.
Ans- (A) Business
2. Membership of which form of business organisation is automatic by birth?
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(A) Patnership
(B) Joint Stock Company
(C) Cooperative Society
(D) Joint Hindu Family Business.
Ans- (D) Joint Hindu Family Business
3. Which type of warehouses are used to store importaed goods for which import duty is yet to be paid?
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(A) Private Warehouses
(B) Public Warehouses
(C) Bonded Warehouses
(D) Cooprative Warehouses
Ans- (C) Bonded Warehouses
4. Which one of the following is not a tool of sales promotion?
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(A) Free Samples
(B) Advertisement
(C) Bonus offer
(D) Exchange schemes
Ans- (B) Advertisement
5. The district forum has the jurisdiction to deal with complaints where the compensation clamied does not exceed:
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(A) ₹ 10,00,000
(B) ₹ 20,00,000
(C) ₹ 50,00,000
(D) ₹ 75,00,000
Ans- (B) ₹ 20,00,000
6. Who among the following is self employed?
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(A) A doctor working in a government hospital
(B) A doctor working in a private hospital
(C) A doctor running his own clinic
(D) A doctor working in a charitable hospital
Ans- (C) A doctor running his own clinic
7. Which of the following forms of business organisation is an ‘artifical legal person”?
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(A) A partnership firm
(B) A Joint Stock Company Against it.
(C) A Joint Hindu Family Business
(D) A Sole proprietorship
Ans- (B) A Joint Stock Company.
8. The full form of VPP is:
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(A) Value Pre-Paid Post
(B) Value Post-Paid Post
(C) Value Payable Post
(D) Value Paid Post
Ans- (C) Value Payable Post
9. The route taken by goods in their movement from producer to consumer is called:
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(A) Channel of distribution
(B) Channel of sale
(C) Channel of purchase
(D) Channel of marketing
Ans- (A) Channel of distribution
10. Which of the following is not a party to consumer protection?
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(A) Consumer
(B) Businessman
(C) Government
(D) Police
Ans- (D) Police
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