CBSE Class 11 - Business Studies - Chapter 1 - Nature and Purpose Of Business (MCQs)

Nature and Purpose Of Business




NCERT Chapter MCQs


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

(a) Production of goods and services
(b) Presence of risk
(c) Sale or exchange of goods and services
(d) Salary or wages


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.