Here you will find NCERT MCQ Questions for Class 11 Business Studies with Answers PDF Free Download based on the important concepts and topics given in the textbook as per CBSE new exam pattern. This may assist you to understand and check your knowledge about the chapters. Students also can take a free test of the Multiple Choice Questions of Class 11 Business Studies. Each question has four options followed by the right answer. These MCQ Questions are selected supported by the newest exam pattern as announced by CBSE.
Q.1 The term business is derived from the word ______
(a) Buy and selling
(b) Financial markets
(c) Proprietorship
(d) Busy
(d) Busy
Q.2 Which of the following is an economic activity?
(a) Social Activities
(b) Patriotic Activities
(c) Profession
(d) Religious Activities
(c) Profession
Q.3 Which of the following is not a characteristic of business activity?
(a) Wages
(b) Sale of product
(c) The factor of risk
(d) Manufacturing goods and services
(a) Wages
Q.4 _______ is an economic activity
(a) Non-employment
(b) Employment
(c) Non profit organisation
(d) None of the above
(b) Employment
Q.5 Bad debts due to non-payment of debts by debtors is an example of which type of business risk?
(a) Human
(b) Natural
(c) Physical
(d) Economic
(a) Human
Q.6 Which has the large scope :
(a) Trade
(b) Commerce
(c) Industry
(d) Business
(b) Commerce
Q.7 Which of the following cannot be classified as an auxiliary to trade :
(a) Mining
(b) Insurance
(c) Warehousing
(d) Transport
(a) Mining
Q.8 Which of the broad categories of industries covers oil refinery and sugar mills :
(a) Primary
(b) Secondary
(c) Tertiary
(d) None of these
(b) Secondary
Q.9 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
(b) Employment
Q.10 Free Guidance by a teacher to his son is :
(a) An economic activity
(b) Profession
(c) Employment
(d) A non-economic activity
(d) A non-economic activity
Q.11 Capital is not an essential element in :
(a) Employment
(b) Profession
(c) Business
(d) None of these
(a) Employment
Q.12 Economic activity = ……….. + ………. :
(a) Business + Profession
(b) Profession + Employment
(c) Business + Employment
(d) Business + Profession + Employment
(d) Business + Profession + Employment
Q.13 Business is :
(a) Art
(b) Science
(c) Both (a) and (b)
(d) None of these
(c) Both (a) and (b)
Q.14 Which one of the following may not be a factor behind starting a business?
(a) Routine workload
(b) size of the firm
(c) finance
(d) location of the business
(a) Routine workload
Q.15 Which of the following cannot be classified as an objective of business?
(a) Investment
(b) Productivity
(c) Innovation
(d) Profit earning
(a) Investment
Q.16 Which of the following cannot be classified as an auxiliary to trade?
(a) Mining
(b) Insurance
(c) Warehousing
(d) Transport
(a) Mining
Q.17 Which of the broad categories of industries covers oil refinery and sugar mills?
(a) Primary
(b) Secondary
(c) Tertiary
(d) None of these
(b) Secondary
Q.18 Which of the following is not an example of non-economic activity?
(a) Patriotism
(b) teaching
(c) sentiment
(d) sympathy
(b) teaching
Q.19 Transfer of interest exists in the case of
(a) Profession
(b) employment
(c) business
(d) none of these
(c) business
Q.20 ‘Earning of profit is considered to be the subsidiary objective of the business.’ The given statement is
(a) True
(b) false
(c) cannot say
(d) None
(b) false
Q.21 Name the two broad categories of business activities.
(a) Trade and commerce
(b) trade and industry
(c) industry and commerce
(d) none of these
(c) industry and commerce
Class 11 Business Studies MCQs Multiple Choice Questions with Answers
Chapter 1: Nature and Purpose of Business Class 11 MCQ Questions
Chapter 2: Forms of Business Organisation Class 11 MCQ Questions
Chapter 3: Private, Public and Global Enterprises Class 11 MCQ Questions
Chapter 4: Business Services Class 11 MCQ Questions
Chapter 5: Emerging Modes of Business Class 11 MCQ Questions
Chapter 6: Social Responsibilities of Business and Business Ethics Class 11 MCQ Questions
Chapter 7: Formation of a Company Class 11 MCQ Questions
Chapter 8: Sources of Business Finance Class 11 MCQ Questions
Chapter 9: Small Business Class 11 MCQ Questions
Chapter 10: Internal Trade Class 11 MCQ Questions
Chapter 11: International Business 1 Class 11 MCQ Questions
Chapter 12: International Business 2 Class 11 MCQ Questions
Practicing NCERT Business Studies MCQs With Answers Pdf Class 11 is one of the best ways to prepare for the CBSE Class 11 board exam. There is no substitute for consistent practice whether one wants to understand a concept thoroughly or one wants to score better. If you have any queries regarding The CBSE Class 11 Business Studies MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.