Commerce 2011 | Study Mode

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Question 1
A
enhancing business relationships
B
helping people to improve their profits
C
facilitating exchange among individuals and firms
D
assisting trade through banking and insurance
Explanation

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Correct option: C
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Question 2
A
construction, trade and services
B
manufacturing, industry and services
C
farming, banking and trading
D
industry, commerce and services
Explanation

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Correct option: D
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Question 3
A
tertiary production
B
constructive occupation
C
extractive occupation
D
secondary production
Explanation

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Correct option: C
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Question 4
A
governement
B
civil servants
C
professionals
D
domestic servants
Explanation

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Correct option: B
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Question 5
A
manufacturing
B
commercialization
C
production
D
entrepreneurship
Explanation

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Correct option: C
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Question 6
A
primary production
B
tertiary production
C
direct production
D
secondary production
Explanation

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Correct option: A
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Question 7
A
Decline in craftmanship
B
Monotony of work
C
Reduction in output
D
Reduction in labour force
Explanation

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Correct option: D
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Question 8
A
an agent
B
a wholesaler
C
an entrepreneur
D
a principal
Explanation

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Correct option: B
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Question 9
A
financing of production activities
B
provision of credit facilities to relations
C
provision of jobs for customers
D
breaking of bulk
Explanation

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Correct option: D
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Question 10
A
reduce transportation cost
B
make contact with individual consumers
C
discourage the activities of middlemen
D
maximize profit margin
Explanation

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Correct option: C

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