Plus One Business Studies Chapter Wise Questions and Answers
Chapter 1: Nature and Purpose of Business Question 1. (2018 Mar - 1 Mark) The broad classification of business activities include ____ and ____ a) Trade and aids to trade b) Industry and commerce c) Industry and trade d) Internal trade and external trade Answer: b) Industry and commerce (വ്യവസായവും വാണിജ്യവും) Question 2. (2018 Imp - 1 Mark) Fill as per the hint given. a) Hindrance of place – Transportation b) Hindrance of risk – ? Answer: Insurance (ഇൻഷുറൻസ്) Question 3. (2019 Mar - 1 Mark) Which among the following is a 'human cause' of business risk? a) Earthquake b) Mismanagement c) Change in demand d) Competition in market Answer: b) Mismanagement (തെറ്റായ മാനേജ്മെന്റ്) Question 4. (2019 Imp - 1 Mark) Which of the following is not a characteristic of business? (a) Production (b) Exchange or sale (c) Wages or salaries to investors (d) Risk element Answer: (c) Wages or salaries to investors (നിക്ഷേപകർക്ക് ശമ്പളം നൽകുന്നത് ബിസിനസ്സിന്റെ സ...