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Marks:- 80
Q.1.A] Fill in the blanks
1] Actual buying and selling of goods is known as ___________.
a) Profession b) Trade c) industry.
2] Difficulty of finance is solved by ____________.
a)Insurance b)mercantile agent c)Banking.
3] Cottage industry are specialized in___________.
a)luxary goods b)imported goods c)consumer goods.
4] We can trace origin of concept of mahila bachat Gat in ___________.
a)India b)pakistan c)bangladesh.
5] Public sector enterprise is owned,managed and controlled by the ___________.
a)Individual b)Government c)Board of directors
6]Government company is registered under _____.
a)special legislation b)company act 1956 c)banking act 1949.
7] A wholesaler invest ________ capital in the business.
a)small b) large c)less.
8] Retailer is the ___________ link in the chain of distribution.
a)first b)last c)second.
9] There is no salesman in the ________ shop.
a) department b) supermarket c) chain store.
10] A multinational corporation is also known as _____________.
a)global corporation b)regional corporation c)national corporation.
Q.1.B] Match the pairs.
1] Local currency Insurance
2] Business risk social objective
3] Employment generation International trade
4] tea business insurance
5] Agro based industry service oriented
6] Public sector enterprise southern part of India
7] Joint venture Assam
8] Market trader Leather goods
9] One price shop temporary partners
10] General shop Ratnagiri
Business in market place
Fixed prices
Most common shop
Q.1.C] True or False with statement.
1]Risk is invitable in business activities.
2]Transport creates place utility.
3]Small scale industries use out dates technology.
4]Government companies enjoy legal status.
5]A retailer has no direct contact with consumers.
Q.1.C] Write a word or phrase.
1]Human activities conducted for earning money.
2]The type of industries that provide services.
3]Agro-indusrty which involves silk production.
4]A sector which id backbone of rural India.
5]A temprory partnership in business.
6]The ultimate person in need of goods.
7]The link in the chain of distribution.
8]A person who moves from place to place to sell goods.
9]Partners in a joint venture.
10]Types of goods produced in cottage industry.
Q.2] Distinguish between (any 2)
1] cottage industry and small scale industry.
2] Private sector and public sector.
3]Business and profession.
4] Employment and profession.
Q.3] Short notes (any 3)
1] Features of employment.
2] Types of rural Industry.
3] Features of government company.
4] Demerits of deparomenial organisation.
5] Features of One price shop.
Q.4] Long answers (any 2)
1] What do you mean by private sector? Explain the importance of private sector
2] What do you mean by retailer? Explain the features of retailer.
3] Explain problems faced by small business.
4] What is business risk? Explain various causes of business Risk.