MCQ Questions for Class 11 Sociology Chapter 1 Social Structure, Stratification and Social Processes in Society with Answers

Social Structure, Stratification and Social Processes in Society Class 11 MCQ Online Test With Answers Questions

Check the below NCERT MCQ Questions for Class 11 Sociology Chapter 1 Social Structure, Stratification and Social Processes in Society with Answers Pdf free download. MCQ Questions for Class 11 Sociology with Answers were prepared based on the latest exam pattern. We have provided Social Structure, Stratification and Social Processes in Society Class 11 Sociology MCQs Questions with Answers to help students understand the concept very well.

Class 11 Sociology Chapter 1 Social Structure, Stratification and Social Processes in Society MCQ With Answers

Sociology Class 11 Chapter 1 MCQs On The Social Structure, Stratification and Social Processes in Society

Question 1.
Life Chances, Social Statuses, and political influences are enjoyed by __________
(a) Primary Groups
(b) Tertiary Groups
(c) Privilege Groups
(d) Interest Groups

Answer

Answer: (c) Privilege Groups


Question 2.
Unit of social structure is
(a) institution
(b) association
(c) social groups
(d) all of these

Answer

Answer: (d) all of these


Question 3.
The notion that human beings have to cooperate to meet their basic needs, and to produce and reproduce themselves and their world was supported by
(a) Emile Durkheim
(b) Charles Darwin
(c) Tom Bottomore
(d) Durkheim and Karl Marx

Answer

Answer: (d) Durkheim and Karl Marx


Question 4.
Admission procedures, codes of conduct, daily assemblies, annual functions, and school anthems are the examples of
(a) family structure
(b) political structure
(c) school structure
(d) religious structure

Answer

Answer: (c) school structure


Question 5.
The choices an individual makes/has in life, in terms of the school she goes to, or if she goes to school at all, the clothes she gets to wear, the foods she consumes, etc all of which is determined by _______
(a) Status
(b) Role
(c) Prestige
(d) All the above

Answer

Answer: (a) Status


Question 6.
The universal features of all societies are
(a) growth, development, and progress
(b) co-operation, conflict, and competition
(c) urbanisation and industrialisation
(d) tradition and modernity

Answer

Answer: (b) co-operation, conflict, and competition


Question 7.
The central concepts to understanding the dialectical relationship between the society and individual are _______
(a) Structure
(b) Stratification
(c) Social processes
(d) All the above

Answer

Answer: (d) All the above


Question 8.
‘The clash of interests’ is known as
(a) conflict
(b) competition
(c) co-operation
(d) class struggle

Answer

Answer: (a) conflict


Question 9.
With co-operation, conflict and competition are also the parts of
(a) modern societies
(b) tribal societies
(c) rural societies
(d) Indian societies

Answer

Answer: (a) modern societies


Question 10.
“Social structure constrains our activities to constructed frameworks and patterns of organization and directs our behaviour”. Name the thinker.
(a) Max Weber
(b) Durkheim
(c) Bottomore
(d) K. Marx

Answer

Answer: (b) Durkheim


Question 11.
The term ‘social structure’ means that society
(a) is stratified
(b) has concrete structure
(c) is captured
(d) is structured

Answer

Answer: (a) is stratified


Question 12.
Expansion of trade, division of labour, specialization, and rising productivity are the features of
(a) post-industrialization
(b) democracy
(c) capitalism
(d) religious rituals

Answer

Answer: (c) capitalism


We hope the given NCERT MCQ Questions for Class 11 Sociology Chapter 1 Social Structure, Stratification and Social Processes in Society with Answers Pdf free download will help you. If you have any queries regarding CBSE Class 11 Sociology Social Structure, Stratification and Social Processes in Society MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

Class 11 Sociology with Answers MCQ:

  1. Social Structure, Stratification and Social Processes in Society Class 11 MCQ
  2. Social Change and Social Order in Rural and Urban Society Class 11 MCQ
MCQ Questions for Class 11 Business Studies Chapter 11 International Business 1 with Answers

International Business 1 Class 11 MCQ Online Test With Answers Questions

Check the below NCERT MCQ Questions for Class 11 Business Studies Chapter 11 International Business 1 with Answers Pdf free download. MCQ Questions for Class 11 Business Studies with Answers were prepared based on the latest exam pattern. We have provided International Business 1 Class 11 Business Studies MCQs Questions with Answers to help students understand the concept very well.

Class 11 Business Studies Chapter 11 International Business 1 MCQ With Answers

Business Studies Class 11 Chapter 11 MCQs On International Business 1

MCQ Questions For Class 11 Business Studies Chapter 11 Question 1.
Which one of the following is not amongst India’s major trading partners?
(a) USA
(b) UK
(c) Germany
(d) New Zealand

Answer

Answer: (d) New Zealand


International Business Class 11 MCQ Question 2.
Which one of the following is not amongst India’s major export items?
(a) Textiles and garments
(b) Gems and jewellery
(c) Oil and petroleum products
(d) Basmati rice

Answer

Answer: (c) Oil and petroleum products


International Trade Class 11 MCQ Question 3.
Which one of the following modes of entry permits greatest degree of control over overseas operations?
(a) Licensing/franchising
(b) Wholly owned subsidiary
(c) Contract manufacturing
(d) Joint venture

Answer

Answer: (b) Wholly owned subsidiary


International Business MCQ Class 11 Question 4.
Which of the following is not an advantage of exporting?
(a) Easier way to enter into international markets
(b) Comparatively lower risks
(c) Limited presence in foreign markets
(d) Less investment requirements

Answer

Answer: (c) Limited presence in foreign markets


MCQs Of International Business Class 11 Question 5.
Outsourcing a part of or entire production and concentrating on marketing operations in international business is known as
(a) Licensing
(b) Franchising
(c) Contract manufacturing
(d) Joint venture

Answer

Answer: (c) Contract manufacturing


Question 6.
The OECD stands for:
(a) Organization for Economic Co-operation and Development
(b) Organization for Economic Coordination and Development
(c) Organization for Environmental Cooperation and Development.
(d) Organization for Environmental Control and Development

Answer

Answer: (a) Organization for Economic Co-operation and Development


Question 7.
_______ is the first step in the internationalization process.
(a) License
(b) Foreign Investment
(c) Sales
(d) Export

Answer

Answer: (a) License


Question 8.
The main promoter of trade liberalization was
(a) GATT
(b) NAFTA
(c) CEPTA
(d) CISA

Answer

Answer: (a) GATT


Question 9.
NAFTA stands for
(a) North African trade association
(b) North American free trade agreement
(c) Northern Atlantic trade agreement
(d) Northern association for trade

Answer

Answer: (b) North American free trade agreement


Question 10.
The WTO was established to implement the final act of Uruguay Round agreement of ……
(a) MFA
(b) GATT
(c) TRIP’s
(d) UNO

Answer

Answer: (b) GATT


Question 11.
The —————- company produces, markets, invests and operates across the world
(a) Global
(b) International
(c) Transnational
(d) Multinational

Answer

Answer: (c) Transnational


Question 12.
Select example of Indian Multinational Company
(a) Hindusthan Unilever
(b) Videocon
(c) Cargill
(d) Tesco

Answer

Answer: (b) Videocon


Question 13.
…….is the payment method most often used in International Trade which offers the exporter best assurance of being paid for the products sold internationally.
(a) Bill of Lading
(b) Letter of Credit
(c) Open Account
(d) Drafts

Answer

Answer: (b) Letter of Credit


Question 14.
Which of the following is not a force in the Porter Five Forces model?
(a) Buyers
(b) Suppliers
(c) Complementary products
(d) Industry rivalry

Answer

Answer: (c) Complementary products


Question 15.
Which is not an Indian Multinational Company?
(a) Unilever
(b) Asian Paints
(c) Piramal
(d) Wipro

Answer

Answer: (a) Unilever


Question 16.
……………is the application of knowledge which redefines the boundaries of global business
(a) Cultural Values
(b) Society
(c) Technology
(d) Economy

Answer

Answer: (c) Technology


Question 17.
The Theory of Relative Factor Endowments is given by
(a) David Ricardo
(b) Adam Smith
(c) F W Taussig
(d) Ohlin and Hecksher

Answer

Answer: (d) Ohlin and Hecksher


Question 18.
According to this theory, the holdings of a country’s treasure primarily in the form of gold constituted its wealth.
(a) Gold Theory
(b) Ricardo Theory
(c) Mercantilism
(d) Hecksher Theory

Answer

Answer: (c) Mercantilism


Question 19.
Which is the right sequence of stages of Internationalization
(a) Domestic, Transnational, Global, International, Multinational
(b) Domestic, International, Multinational, Global, Transnational
(c) Domestic, Multinational, International, Transnational, Global
(d) Domestic, International, Transnational, Multinational, Global

Answer

Answer: (b) Domestic, International, Multinational, Global, Transnational


Question 20.
IBRD (International Bank for Reconstruction and Development) also known as
(a) Exim Bank
(b) World Bank
(c) International Monetary fund
(d) International Bank

Answer

Answer: (b) World Bank


Question 21.
Which one of the following is not amongst India’s major import items?
(a) Ayurvedic medicines
(b) Oil and petroleum products
(c) Pearls and precious stones
(d) Machinery

Answer

Answer: (b) Oil and petroleum products


Question 22.
Which one of the following modes of entry brings the firm closer to international markets?
(a) Licensing
(b) Franchising
(c) Contract manufacturing
(d) Joint venture

Answer

Answer: (d) Joint venture


Question 23.
Which one of the following modes of entry requires higher level of risks?
(a) Licensing
(b) Franchising
(c) Contract manufacturing
(d) Joint venture

Answer

Answer: (d) Joint venture


Question 24.
When two or more firms come together to create a new business entity that is legally separate and distinct from its parents it is known as
(a) Contract manufacturing
(b) Franchising
(c) Joint ventures
(d) Licensing

Answer

Answer: (c) Joint ventures


Question 25.
In which of the following modes of entry, does the domestic manufacturer give the right to use intellectual property such as patent and trademark to a manufacturer in a foreign country for a fee
(a) Licensing
(b) Contract manufacturing
(c) Joint venture
(d) None of these

Answer

Answer: (a) Licensing


One Mark Questions

1. What is International Business?

Answer

Answer: International Business is a business activities take place across the geographical boundaries.


2. State any one type of international business.

Answer

Answer: Direct Investment.


3. State any one mode of entry into international business.

Answer

Answer: Franchising.


4. State any one reason for international business.

Answer

Answer: Change in fashion and technology


5. What is Export business?

Answer

Answer: An export is a function of international trade whereby goods produced in one country are shipped to another country for future sale or trade.


We hope the given NCERT MCQ Questions for Class 11 Business Studies Chapter 11 International Business 1 with Answers Pdf free download will help you. If you have any queries regarding International Business 1 CBSE Class 11 Business Studies MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

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MCQ Questions for Class 11 Business Studies Chapter 12 International Business 2 with Answers

International Business 2 Class 11 MCQ Online Test With Answers Questions

Check the below NCERT MCQ Questions for Class 11 Business Studies Chapter 12 International Business 2 with Answers Pdf free download. MCQ Questions for Class 11 Business Studies with Answers were prepared based on the latest exam pattern. We have provided International Business 2 Class 11 Business Studies MCQs Questions with Answers to help students understand the concept very well.

Class 11 Business Studies Chapter 12 International Business 2 MCQ With Answers

Business Studies Class 11 Chapter 12 MCQs On International Business 2

International Business MCQ Chapter 12 Class 11 Question 1.
TRIP is one of the WTO agreements that deal with
(a) Trade in agriculture
(b) Trade in services
(c) Trade related investment measures
(d) None of these

Answer

Answer: (d) None of these


International Business Management MCQ Chapter 12 Class 11  Question 2.
The document containing the guarantee of a bank to honour drafts drawn on it by an exporter is
(a) Letter of hypothetication
(b) Letter of credit
(c) Bill of lading
(d) Bill of exchange

Answer

Answer: (b) Letter of credit


MCQ On International Business Chapter 12 Class 11 Question 3.
A receipt issued by the commanding officer of the ship when the cargo is loaded on the ship is known as
(a) Shipping receipt
(b) Mate receipt
(c) Cargo receipt
(d) Charter receipt

Answer

Answer: (b) Mate receipt


International Business MCQs Chapter 12 Class 11 Question 4.
Which one of the following is not a document related to fulfill the customs formalities
(a) Shipping bill
(b) Export license
(c) Letter of insurance
(d) Proforma invoice

Answer

Answer: (d) Proforma invoice


International Business Management MCQ Questions Chapter 12 Class 11  Question 5.
Which of the following documents is not required in connection with an import transaction?
(a) Bill of lading
(b) Shipping bill
(c) Certificate of origin
(d) Shipment advice

Answer

Answer: (c) Certificate of origin


MCQ Of International Business Chapter 12 Class 11 Question 6.
SMEs stands for:
(a) Small and Medium Entrepreneurs
(b) Small Management of Enterprises
(c) Small and Medium-sized Enterprises.
(d) Societies for Managing Exports

Answer

Answer: (c) Small and Medium-sized Enterprises.


MCQs On International Business Chapter 12 Class 11 Question 7.
MNC Stands for
(a) Multi-National Cooperation
(b) Multi-National Corporation
(c) Multi-National Company
(d) Multi-National Collaboration

Answer

Answer: (b) Multi-National Corporation


International Business MCQ With Answers Chapter 12 Class 11 Question 8.
IPR stands for
(a) Intellectual property rights
(b) International property rights
(c) Internal promotion rights
(d) Interior promotional rights

Answer

Answer: (a) Intellectual property rights


International Business MCQ With Answers Pdf Chapter 12 Class 11 Question 9.
WTO stands for
(a) World technology association
(b) World time organization
(c) World trade organization
(d) World tourism organization

Answer

Answer: (c) World trade organization


International Business Economics MCQ Chapter 12 Class 11 Question 10.
…..is only a legal agreement and it is not an institution, but ….. is a permanent institution.
(a) GATT, WTO
(b) WTO, GATT
(c)WTO, IMF
(d) IMF, GATT

Answer

Answer: (a) GATT, WTO


International Business MCQ With Answers Pdf Download Chapter 12 Question 11.
…………………corporation produces in the home country or in a single country and focuses on marketing these products globally or vice a versa.
(a) Global
(b) International
(c) Transnational
(d) None of the above

Answer

Answer: (a) Global


MCQ Questions On International Business Chapter 12 Class 11 Question 12.
Key controllable factors in global marketing are:
(a) Government policy and legislation
(b) social and technical changes
(c) marketing activities and plans
(d) all of the above.

Answer

Answer: (c) marketing activities and plans


International Business MCQ Questions And Answers Chapter 12 Class 11 Question 13.
Comparative Cost Trade Theory is given by
(a) Adam Smith
(b) David Ricardo
(c) Gottfried Haberler
(d) Heckscher Ohlin

Answer

Answer: (b) David Ricardo


MCQs Of International Business Chapter 12 Class 11 Question 14.
Globalization refers to:
(a) Lower incomes worldwide
(b) Less foreign trade and investment
(c) Global warming and their effects
(d) A more integrated and interdependent world

Answer

Answer: (d) A more integrated and interdependent world


International Business MCQ Questions Chapter 12 Class 11 Question 15.
Capitalistic, communistic and Mixed are the types of
(a) Economic System
(b) Social System
(c) Cultural Attitudes
(d) Political System

Answer

Answer: (a) Economic System


Question 16.
The theory of comparative cost advantage is given by
(a) David Ricardo
(b) Adam Smith
(c) F W Taussig
(d) Ohlin and Hecksher

Answer

Answer: (a) David Ricardo


Question 17.
The Theory of Absolute Cost Advantage is given by
(a) David Ricardo
(b) Adam Smith
(c) F W Taylor
(d) Ohlin and Heckscher

Answer

Answer: (b) Adam Smith


Question 18.
Subsidiaries consider the regional environment for policy / Strategy formulation is known as
(a) Polycentric Approach
(b) Regiocentric Approach
(c) Ethnocentric Approach
(d) Geocentric Approach

Answer

Answer: (b) Regiocentric Approach


Question 19.
Ultimately ………………was replaced by the …………….on 1st Jan 1995
(a) GATS, WTO
(b) WTO, GATT
(c) GATT, WTO
(d) IMF, GATT

Answer

Answer: (c) GATT, WTO


Question 20.
The first phase of globalization started around 1870 and ended with …..
(a) World War I
(b) World War II
(c) The Establishment of GATT
(d) In 1913 when GDP was High

Answer

Answer: (a) World War I


Question 21.
Which of the following does not belong to the World Bank group?
(a) IBRD
(b) IDA
(c) MIGA
(d) IMF

Answer

Answer: (d) IMF


Question 22.
Which of the following document is prepared by the exporter and includes details of the cargo in terms of the shipper’s name, the number of packages, the shipping bill, port of destination, name of the vehicle carrying the cargo?
(a) Shipping bill
(b) Packaging list
(c) Mate’s receipt
(d) Bill of exchange

Answer

Answer: (d) Bill of exchange


Question 23.
Which one of the following is not a part of export documents?
(a) Commercial invoice
(b) Certificate of origin
(c) Bill of entry
(d) Mate’s receipt

Answer

Answer: (c) Bill of entry


Question 24.
Which of the following do not form part of duty drawback scheme?
(a) Refund of excise duties
(b) Refund of customs duties
(c) Refund of export duties
(d) Refund of income dock charges at the port of shipment

Answer

Answer: (d) Refund of income dock charges at the port of shipment


Question 25.
Which of the following documents are not required for obtaining an export license?
(a) IEC number
(b) Letter of credit
(c) Registration cum membership certificate
(d) Bank account number

Answer

Answer: (b) Letter of credit


One Marks Questions

1. Expand IEC.

Answer

Answer: Import Export Code.


2. Expand WTO

Answer

Answer: World Trade Organisation


3. Mention any one document of export trade.

Answer

Answer: Shipping Bill


4. Expand FTZ.

Answer

Answer: Free Trade Zones


5. Expand SEZ.

Answer

Answer: Special Economic Zones


6. Expand IIFT.

Answer

Answer: Indian Institute of Foreign Trade


7. Expand IMF.

Answer

Answer: International Monetary Fund


8. What is D.P bill?

Answer

Answer: DP inpayment term of imports and exports means Documents against Payments.


9. What is D.A bid?

Answer

Answer: DA in payment term of international trade means, Documents against Acceptance


10. Expand BOL.

Answer

Answer: Bill of Lading


11. Expand EIC.

Answer

Answer: Export Inspection council


12. Expand UNCTAD.

Answer

Answer: United Nations Conference on Trade and Development.


13. Expand EPZ.

Answer

Answer: Export Processing Zones.


14. Expand EOU.

Answer

Answer: Export Oriented Units


15. Name any one export processing zone.

Answer

Answer: Cochin export processing zone


We hope the given NCERT MCQ Questions for Class 11 Business Studies Chapter 12 International Business 2 with Answers Pdf free download will help you. If you have any queries regarding International Business 2 CBSE Class 11 Business Studies MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

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MCQ Questions for Class 11 Business Studies Chapter 5 Emerging Modes of Business with Answers

Emerging Modes of Business Class 11 MCQ Online Test With Answers Questions

Check the below NCERT MCQ Questions for Class 11 Business Studies Chapter 5 Emerging Modes of Business with Answers Pdf free download. MCQ Questions for Class 11 Business Studies with Answers were prepared based on the latest exam pattern. We have provided Emerging Modes of Business Class 11 Business Studies MCQs Questions with Answers to help students understand the concept very well.

Class 11 Business Studies Chapter 5 Emerging Modes of Business MCQ With Answers

Business Studies Class 11 Chapter 5 MCQs On Emerging Modes of Business

Emerging Modes Of Business Class 11 MCQ Question 1.
Here, parties involved in the electronic transactions are from within a given business firm, hence, the name is ________
(a) Intra-C Commerce
(b) Intra-D Commerce
(c) Intra-B Commerce
(d) Intra-A Commerce

Answer

Answer: c) Intra-B Commerce


Emerging Modes Of Business MCQ Question 2.
Both Sellers and buyers are business firms, under ___type of e-commere transaction
(a) B2B Commerce
(b) C2B Commerce
(c) B2C Commerce
(d) C2C Commerce

Answer

Answer: (a) B2B Commerce


MCQ Questions For Class 11 Business Studies Chapter 5 Question 3.
Which method is very popular for making online transactions?
(a) Credit Card
(b) All of these
(c) Net banking
(d) Debit Card

Answer

Answer: (d) All of these


Class 11 Business Studies Chapter 5 MCQ Question 4.
____________ refers to contracting out some of its activities to a third party which were earlier performed by the organisation.
(a) BPO
(b) E-Commerce
(c) Outsourcing
(d) E-Banking

Answer

Answer: (c) Outsourcing


Chapter 5 Business Studies Class 11 MCQ Question 5.
Under what method payment is made at the time of physical delivery of goods
(a) Cash on delivery
(b) Debit card payment
(c) Credit card payment
(d) Prepaid amount

Answer

Answer: (a) Cash on delivery


Business Studies Class 11 Chapter 5 MCQ Question 6.
It is not an application of e-business
(a) Contract R&D
(b) Online trading
(c) Online procurement
(d) Online bidding

Answer

Answer: (a) Contract R&D


MCQ Of Emerging Modes Of Business Question 7.
The payment mechanism typical to e-business
(a) Credit and Debit Cards
(b) Cash on Delivery (CoD)
(c) Cheques
(d) e-Cash

Answer

Answer: (a) Credit and Debit Cards


Ch 5 Business Studies Class 11 MCQ Question 8.
e-commerce does not include
(a) A business?s interactions with its customers
(b) Interactions among the various departments within the business
(c) A business?s interactions with its suppliers
(d) Interactions among the geographically dispersed units of the business

Answer

Answer: (b) Interactions among the various departments within the business


Ch 5 Bst Class 11 MCQ Question 9.
____transactions have business firms at one end and its customers on the other end.
(a) C2B Commerce
(b) B2C Commerce
(c) B2B Commerce
(d) C2C Commerce

Answer

Answer: (b) B2C Commerce


Emerging Modes Of Business Class 11 MCQs Question 10.
Complaint lodged by a customer at the company?s call centre is _______ type of e-business transaction.
(a) C2C Commerce
(b) C2B Commerce
(c) B2C Commerce
(d) B2B Commerce

Answer

Answer: (b) C2B Commerce


Chapter 5 Bst Class 11 MCQ Question 11.
Both buyers and sellers are customers under_______ type of e-business transaction
(a) C2C Commerce
(b) B2C Commerce
(c) C2B Commerce
(c) B2B Commerce

Answer

Answer: (a) C2C Commerce


Class 11 Bst Chapter 5 MCQ Question 12.
India is the preferred destination for BPO because of ____________
(a) Tax Free Zone for BPOs
(b) Cheap People
(c) Cheap Manpower
(d) Poor conditions

Answer

Answer: (c) Cheap Manpower


Bst Class 11 Chapter 5 MCQ Question 13.
Out of e-commerce and e-business, which is a broader term?
(a) None of these
(b) both e-business and e-commerce are same thing
(c) e-commerce
(d) e-business

Answer

Answer: (d) e-business


Class 11 Bst Ch 5 MCQ Question 14.
A Call Centre handles
(a) Both customer facing and back-end business
(b) Both voice based and non-voice based business
(c) Only out-bound voice based business
(d) Only in bound voice based business

Answer

Answer: (a) Both customer facing and back-end business


Emerging Modes Of Business MCQs Question 15.
Outsourcing
(a) Includes off shoring
(b) Restricts only to the contracting out of Information Technology Enabled Services (ITES)
(c) Restricts only to the contracting out of non-core business processes
(d) Includes contracting out of manufacturing and R&D as well as service processes ? both core and non-core ? but restricts only to domestic territory

Answer

Answer: (a) Includes off shoring


One Mark Questions

1. What is e-business?

Answer

Answer: Electronic Commerce is sharing business information, maintaining business relationships and conducting business transactions by means of telecommunications networks.


2. Expand B2B

Answer

Answer: Business to Business.


3. What is Intra-B?

Answer

Answer: This refers to transactions between the parties or persons who are the part of one firm only.


4. Expand C2C.

Answer

Answer: Consumer to consumer


5. Write one benefit of the e-business.

Answer

Answer: Global reach


6. Expand COD.

Answer

Answer: Cash on Delivery.


7. Mention-one limitation of e-business.

Answer

Answer: Low Personal touch


8. What are cookies?

Answer

Answer: Cookies is a small piece of data sent from a website and stored on the user’s computer by the user’s web browser while the user is browsing.


9. Expand BPO.

Answer

Answer: Business Process outsourcing


10. What is plastic money?

Answer

Answer: Credit Card, Debit card, ATM card etc are, used as alternative to money such as cash or cheque, and are made of plastic, th% are also called as Plastic money.


We hope the given NCERT MCQ Questions for Class 11 Business Studies Chapter 5 Emerging Modes of Business with Answers Pdf free download will help you. If you have any queries regarding Emerging Modes of Business CBSE Class 11 Business Studies MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

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MCQ Questions for Class 11 Business Studies Chapter 6 Social Responsibilities of Business and Business Ethics with Answers

Social Responsibilities of Business and Business Ethics Class 11 MCQ Online Test With Answers Questions

Check the below NCERT MCQ Questions for Class 11 Business Studies Chapter 6 Social Responsibilities of Business and Business Ethics with Answers Pdf free download. MCQ Questions for Class 11 Business Studies with Answers were prepared based on the latest exam pattern. We have provided Social Responsibilities of Business and Business Ethics Class 11 Business Studies MCQs Questions with Answers to help students understand the concept very well.

Class 11 Business Studies Chapter 6 Social Responsibilities of Business and Business Ethics MCQ With Answers

Business Studies Class 11 Chapter 6 MCQs On Social Responsibilities of Business and Business Ethics

Social Responsibility Of Business Class 11 MCQ Chapter 6 Question 1.
Which of the following alone can ensure effective ethics programme in a business enterprise?
(a) Publication of a code
(b) Involvement of employees
(c) Establishment of compliance mechanisms
(d) None of them

Answer

Answer: (b) Involvement of employees


MCQ Questions For Class 11 Business Studies Chapter 6 Question 2.
Which of the following is capable of doing maximum good to society?
(a) Business success
(b) Laws and regulations
(c) Ethics
(d) Professional management

Answer

Answer: (c) Ethics


Social Responsibility Of Business And Business Ethics MCQ Question 3.
Carbon monoxide emitted by automobiles directly contributes to
(a) Water pollution
(b) Noise pollution
(c) Land pollution
(d) Air pollution

Answer

Answer: (d) Air pollution


Class 11 Business Studies Chapter 6 MCQ Question 4.
That an enterprise must behave as a good citizen is an example of its responsibility towards
(a) Owners
(b) Workers
(c) Consumers
(d) Community

Answer

Answer: (d) Community


Business Studies Class 11 Chapter 6 MCQ Question 5.
If business is to operate in a society which is full of diverse and complicated problems, it may have
(a) Little chance of success
(b) Great chance of success
(c) Little chance of failure
(d) No relation with success or failure

Answer

Answer: (a) Little chance of success


Chapter 6 Business Studies Class 11 MCQ Question 6.
“Ethics deals with the right actions of individuals.” Who said?
(a) Peter F. Drucker
(b) C. S. Rao
(c) J. R. Betty
(d) C. Zahe

Answer

Answer: (a) Peter F. Drucker


Social Responsibility Is MCQ Chapter 6 Question 7.
Which of the following statements about ethical standards are TRUE?
(a) The upper limits of ethical standards are set by individual standards
(b) The laws of economically developed countries generally define the lowest common denominator of acceptable behaviour
(c) The actual degree of enforcement of the law in an underdeveloped country would determine the lower limit of permissible behaviour
(d) All of the above

Answer

Answer: (d) All of the above


Ch 6 Bst Class 11 MCQ Question 8.
Which statement is true?
(a) Human values system plays a vital role in total quality management
(b) Values give the real meaning to total quality management effort
(c) Total quality management is a corporate management strategy
(d) All of the above

Answer

Answer: (d) All of the above


Social Responsibility Of Business MCQ Chapter 6 Question 9.
The national Society of Professional Engineers had a code, which requires professionals to
(a) Dissociate themselves from organizations that are of a questionable character
(b) Further the cause of public good
(c) Advise clarity, the consequences, if a technical opinion is overruled by a non-technical person
(d) All of the above

Answer

Answer: (d) All of the above


Question 10.
Which one of the following is not principle business ethics?
(a) Principle of universality
(b) Principle of humanity
(c) Principle of autonomy
(d) Principle of dissatisfaction

Answer

Answer: (d) Principle of dissatisfaction


Question 11.
Which of the following does not contribute to the development of a manager’s standard of ethics?
(a) competitor behaviours
(b) society’s norms and values
(c) individual life experiences
(d) environmental situations

Answer

Answer: (a) competitor behaviours


Question 12.
The hand-of-government refers to the
(a) ability of the government to interfere in business negotiations
(b) role of corporations to be profitable within the law
(c) effect of national politics on business decisions
(d) impact of changing government regulations

Answer

Answer: (d) the consequences of the act are substantial


Question 13.
According to the concept of moral intensity, a worker is most likely to behave ethically and legally when
(a) a manager observes his or her behavior closely
(b) the worker has intense morals
(c) the consequences of the act are minor
(d) the consequences of the act are substantial

Answer

Answer: (d) the consequences of the act are substantial


Question 14.
Corporate social responsibility that extends beyond legal mandates can help meet societal expectations in the absence of
(a) Statutory devices
(b) Social tool
(c) Cost tool and Techniques
(d) Science tool

Answer

Answer: (a) Statutory devices


Question 15.
If you believe in making decisions for the good of most people, you can be described as following which school of thought?
(a) utilitarianism
(b) teleology
(c) deontology
(d) egoism

Answer

Answer: (a) utilitarianism


Question 16.
Ethics is important for
(a) Top management
(b) Middle-level managers
(c) Non-managerial employees
(d) All of them

Answer

Answer: (d) All of them


Question 17.
Which of the following can explain the need for pollution control?
(a) Cost savings
(b) Reduced risk of liability
(c) Reduction of health hazards
(d) All of them

Answer

Answer: (d) All of them


Question 18.
Environmental protection can best be done by the efforts of
(a) Business people
(b) Government
(c) Scientists
(d) All the people

Answer

Answer: (d) All the people


Question 19.
Business people have the skills to solve
(a) All social problems
(b) Some social problems
(c) No social problems
(d) All economic problems

Answer

Answer: (c) No social problems


Question 20.
Social responsibility is
(a) Same as legal responsibility
(b) Broader than legal responsibility
(c) Narrower than legal responsibility
(d) None of them

Answer

Answer: (b) Broader than legal responsibility


Question 21.
Unethical behaviour is often triggered by
(a) pressure from higher management to achieve goals
(b) an organizational atmosphere that condones such behaviour
(c) both (a) & (b)
(d) a system of checks and balances

Answer

Answer: (c) both (a) & (b)


Question 22.
The business community’s aversion to binding international legal standards governing corporate operations contrasts with its strong advocacy of international law commitments applied to the obligation of governments towards
(a) Banks
(b) Business and Shareholder itself
(c) Suppliers
(d) Foreign investors

Answer

Answer: (d) Foreign investors


Question 23.
Milton Friedman stated his belief that ‘there is only one social responsibility’ for a company to use its resources to
(a) give as much to charitable causes as possible
(b) ensure employment
(c) provide good facilities for workers
(d) increase profits so long as it stays within the rules of the game

Answer

Answer: (d) increase profits so long as it stays within the rules of the game


Question 24.
Which is the approach to corporate planning?
(a) Customers and workers satisfaction
(b) Planning skills
(c) Optimising
(d) All of the above

Answer

Answer: (d) All of the above


Question 25.
Which is the aspects of TQM efforts?
(a) Problem solving tools
(b) Internal service quality
(c) Total involvement of all personnel
(d) None of the above

Answer

Answer: (d) None of the above


Question 26.
The ethical dilemma of choosing between two rights refers to
(a) choosing between the lesser of two evils
(b) deciding which of two employee rights is the most important
(c) deciding to offer a bribe or lose out on an important opportunity
(d) choosing between the two types of sexual harassment

Answer

Answer: (a) choosing between the lesser of two evils


Question 27.
Which statement is true?
(a) Skills are not enduring due to fatigue
(b) The final proof of sincerity and seriousness is uncompromising emphasis on integrity of character in a job
(c) The mental contents of the good person are called moral and ethical values
(d) All of the above

Answer

Answer: (d) All of the above


Question 28.
Which statement is/are true?
(a) Ethics is not synonymous to religious morality or moral theology
(b) Ethics is the principle that guide the human behaviour
(c) The terms ‘ethics’ and ‘morality’ are not synonymous terms
(d) All of the above

Answer

Answer: (d) All of the above


Question 29.
The elements of management system in quality environment of TQM is
(a) Method and procedure
(b) Process
(c) Focus
(d) All of the above

Answer

Answer: (d) All of the above


Question 30.
The environmental analysis includes
(a) Political conditions
(b) Social factors
(c) Economic conditions
(d) All of the above

Answer

Answer: (d) All of the above


One Mark Questions

1. State any one argument for social responsibility of business.

Answer

Answer: Favourable environment of business


2. State any one argument against social responsibility of business.

Answer

Answer: Lack of social skills


3. State any one of the social responsibility of business towards investors.

Answer

Answer: Chairman and directors of the company should be easily accessible to the investors.


4. Stateany one ofthe social responsibility of business towards consumers.

Answer

Answer: Right Information about product


5. State any of the causes for pollution.

Answer

Answer: Population growth


6. Mention any one of the type of pollution.

Answer

Answer: Air Pollution


7. State any one need for pollution control.

Answer

Answer: Reduced risks of liability


8. What is business ethics?

Answer

Answer: Business ethics is the set of values, principles and standards governing the moral conduct of the business.

9. State any of the elements of business ethics.

Answer

Answer: Involving employees at all levels


We hope the given NCERT MCQ Questions for Class 11 Business Studies Chapter 6 Social Responsibilities of Business and Business Ethics with Answers Pdf free download will help you. If you have any queries regarding Social Responsibilities of Business and Business Ethics CBSE Class 11 Business Studies MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

Class 11 Business Studies MCQ:

MCQ Questions for Class 11 Business Studies Chapter 1 Nature and Purpose of Business with Answers

Nature and Purpose of Business Class 11 MCQ Online Test With Answers Questions

Check the below NCERT MCQ Questions for Class 11 Business Studies Chapter 1 Nature and Purpose of Business with Answers Pdf free download. MCQ Questions for Class 11 Business Studies with Answers were prepared based on the latest exam pattern. We have provided Nature and Purpose of Business Class 11 Business Studies MCQs Questions with Answers to help students understand the concept very well.

Class 11 Business Studies Chapter 1 Nature and Purpose of Business MCQ With Answers

Business Studies Class 11 Chapter 1 MCQs On Nature and Purpose of Business

MCQ Questions For Class 11 Business Studies Chapter 1 Question 1.
Business risk is not likely to arise due to
(a) Changes in government policy
(b) Good management
(c) Employee dishonesty
(d) Power failure

Answer

Answer: (b) Good management


Class 11 Business Studies Chapter 1 MCQ Question 2.
The industries which provide support services to other industries are known as
(a) Primary industries
(b) Secondary industries
(c) Commercial industries
(d) Tertiary industries

Answer

Answer: (d) Tertiary industries


Business Trade And Commerce Class 11 MCQ Question 3.
The occupation in which people work for others and get remunerated in return is known as
(a) Business
(b) Profession
(c) Employment
(d) None of these

Answer

Answer: (c) Employment


Business Studies Class 11 Chapter 1 MCQ Question 4.
Which of the following does not characterize business activity?
(a) Production of goods & services
(b) Presence of risk
(c) Sale or exchange of goods and services
(d) Salary and wages

Answer

Answer: (d) Salary and wages


Nature And Purpose Of Business MCQ Question 5.
Economic activities may be classified into business, ___________ and employment
(a) Profession
(b) occupation
(c) vocation
(d) work

Answer

Answer: (a) Profession


Business Studies Class 11 MCQ Chapter 1 Question 6.
Human activities are of ____________ types
(a) One
(b) two
(c) three
(d) four

Answer

Answer: (b) two


Nature And Purpose Of Business Class 11 MCQs Question 7.
Following are the characteristics of business risks. One of then is not correct. Please identify it.
(a) Loss is the reward for risk bearing
(b) Business risks are due to uncertainties
(c) Risk is an essential component of every business
(d) Degree of risk depends mainly upon the nature and size of business

Answer

Answer: (a) Loss is the reward for risk bearing


Chapter 1 Business Studies Class 11 MCQ Question 8.
Commerce includes activities relating to trade and _________________ to trade.
(a) Supporting
(b) subsidiaries
(c) auxiliaries
(d) none of these

Answer

Answer: (c) auxiliaries


Ch 1 Business Studies Class 11 MCQ Question 9.
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

Answer

Answer: (a) Routine workload


Bst Class 11 Chapter 1 MCQ Question 10.
Which of the following cannot be classified as an objective of business?
(a) Investment
(b) Productivity
(c) Innovation
(d) Profit earning

Answer

Answer: (a) Investment


Class 11 Bst Chapter 1 MCQs Question 11.
Which of the following cannot be classified as an auxiliary to trade?
(a) Mining
(b) Insurance
(c) Warehousing
(d) Transport

Answer

Answer: (a) Mining


Nature And Purpose Of Business Class 11 MCQ Question 12.
Which of the broad categories of industries covers oil refinery and sugar mills?
(a) Primary
(b) Secondary
(c) Tertiary
(d) None of these

Answer

Answer: (b) Secondary


Ch 1 Bst Class 11 MCQ Question 13.
Which of the following is not an example of non-economic activity?
(a) Patriotism
(b) teaching
(c) sentiment
(d) sympathy

Answer

Answer: (b) teaching


MCQ Of Business Studies Class 11 Chapter 1 Question 14.
Transfer of interest exists in the case of
(a) Profession
(b) employment
(c) business
(d) none of these

Answer

Answer: (c) business


Class 11 Business Chapter 1 MCQ Question 15.
‘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

Answer

Answer: (b) false


Question 16.
Name the two broad categories of business activities.
(a) Trade and commerce
(b) trade and industry
(c) industry and commerce
(d) none of these

Answer

Answer: (c) industry and commerce


Question 17.
The possibilities of inadequate profits or even losses due to uncertainties are known as ____________
(a) Business contingencies
(b) Business risks
(c) Business ventures
(d) None of these

Answer

Answer: (b) Business risks


One Mark Questions

1. What is Economic activity?

Answer

Answer: Human activities which are performed in exchange for money or money’s worth are called economic activities

 

2. Name any one type of economic activity.

Answer

Answer: Business


3. What is business?

Answer

Answer: Business refers to an occupation in which people regularly engage in activities related to purchase, production and/or sale of goods and services with a view to earning profits.


4. Write any one characteristics of business activity.

Answer

Answer: Economic activity


5. Mention the two broad categories of business activity.

Answer

Answer: Industry and Commerce


6. Name any one type of Primary industry.

Answer

Answer: Extractive industry


7. Name any one type of Secondary industry.

Answer

Answer: Manufacturing


8. Give an example for Extractive Industries.

Answer

Answer: Mining


9. Give an example for Genetic Industries.

Answer

Answer: Poultry farming


10. Give an example for Manufacturing Industries.

Answer

Answer: Sugar Industry


11. Give an example for Construction Industries.

Answer

Answer: Construction of dams


12. What is trade?

Answer

Answer: Buying and selling of goods is termed as trade.


13. What do mean by Auxiliary to trade?

Answer

Answer: Activities which are meant for assisting trade are known as auxiliaries to trade.


14. Mention any one objective of business.

Answer

Answer: It is a source of income for business person.


15. Give an example for Service industry.

Answer

Answer: Transport


16. What do you mean by hindrance of trade?

Answer

Answer: All those obstacles that business man faces for conducting business activities or trade activities termed as hindrance of trade.


17. State any one type of hindrance of trade?

Answer

Answer: Hindrance of Place


18. State any one type of business risk.

Answer

Answer: Operational risk


19. What is meant by non economic activity?

Answer

Answer: Non-economic activities are those performed out of love, sympathy, sentiments, patriotism etc.


20. Give an example for non-economic activity?

Answer

Answer: A Worker working in factory


21. Give an example for profession.

Answer

Answer: Lawyer


22. Give an example for analytical industry.

Answer

Answer: Crude oil processed and separated into petrol, diesel, kerosene etc.


23. Give an example for synthetic industry.

Answer

Answer: Cement is produced by mixing concrete, gypsum, coal etc.


24. Give an example for processing industry.

Answer

Answer: Textile industry


25. Give an example for assembly line industry.

Answer

Answer: Manufacturing vehicles


We hope the given NCERT MCQ Questions for Class 11 Business Studies Chapter 1 Nature and Purpose of Business with Answers Pdf free download will help you. If you have any queries regarding Nature and Purpose of Business CBSE Class 11 Business Studies MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

Class 11 Business Studies MCQ:

MCQ Questions for Class 11 Business Studies Chapter 7 Formation of a Company with Answers

Formation of a Company Class 11 MCQ Online Test With Answers Questions

Check the below NCERT MCQ Questions for Class 11 Business Studies Chapter 7 Formation of a Company with Answers Pdf free download. MCQ Questions for Class 11 Business Studies with Answers were prepared based on the latest exam pattern. We have provided Formation of a Company Class 11 Business Studies MCQs Questions with Answers to help students understand the concept very well.

Class 11 Business Studies Chapter 7 Formation of a Company MCQ With Answers

Business Studies Class 11 Chapter 7 MCQs On Formation of a Company

Formation Of A Company Class 11 MCQ Question 1.
Preliminary Contracts are
(a) binding on the Company
(b) binding on the Company, if ratified after incorporation
(c) binding on the Company, after incorporation
(d) not binding on the Company

Answer

Answer: (d) Not binding on the Company


Formation Of Company Class 11 MCQ Question 2.
Stages in the formation of a public company are in the following order
(a) Promotion, Commencement of Business, Incorporation, Capital Subscription
(b) Incorporation, Capital Subscription. Commencement of Business, Promotion
(c) Promotion, Incorporation, Capital Subscription, Commencement of Business
(d) Capital Subscription, Promotion, Incorporation, Commencement of Business

Answer

Answer: (c) Promotion, Incorporation, Capital Subscription, Commencement of Business


MCQ Questions For Class 11 Business Studies Chapter 7 Question 3.
A proposed name of Company is considered undesirable if
(a) It is identical with the name of an existing company
(b) It resembles closely with the name of an existing company
(c) It is an emblem of Government of India, United Nations etc.
(d) In case of any of the above

Answer

Answer: (d) In case of any of the above


Question 4.
Minimum number of members to form a public company is
(a) 5
(b) 7
(c) 12
(d) 21

Answer

Answer: (b) 7


Question 5.
The company needs to obtain prior permision from central government when it changes the address of its registered office from
(a) one city to another city
(b) with in the same city
(c) one state to another
(d) one country to another country

Answer

Answer: (c) one state to another


Question 6.
A person cannot hold directorship in more than ____ public companies
(a) 3
(b) 10
(c) 20
(d) 7

Answer

Answer: (c) 20


Question 7.
Powers, rights, remuneration, qualification and duties of directors are discussed clearly in
(a) Memorandum of Association
(b) Articles of Association
(c) Prospectus
(d) none of the above

Answer

Answer: (b) Articles of Association


Question 8.
__________ means the total amount of called up capital on the shares issued and subscribed by the shareholders on capital account.
(a) Called-up capital
(b) subscribed capital
(c) nominal capital
(d) Paid-up capital

Answer

Answer: (a) Called-up capital


Question 9.
_____________ share capital has priority both in repayment of dividend as well as capital.
(a) Equity
(b) non preference
(c) Preference
(d) all of the above

Answer

Answer: (c) Preference


Question 10.
Par value of shares means the __________ value of the shares
(a) Actual
(b) face
(c) Market
(d) dividend

Answer

Answer: (b) face


Question 11.
The Prospectus must be issued to the public within ______________ days of its date
(a) 30
(b) 60
(c) 90
(d) 100

Answer

Answer: (c) 90


Question 12.
A copy of the ________________ must accompany each from of application for shares offered to the public.
(a) Memorandum of association
(b) Prospectus
(c) Articles of association
(d) None of the above

Answer

Answer: (b) Prospectus


Question 13.
___________ cannot give invitation to the public to subscribe for any shares in or debentures of the company
(a) Subsidiary company
(b) Statutory Company
(c) Private company
(d) Registered company

Answer

Answer: (c) Private company


Question 14.
A private company means a company which has a minimum paid up capital of Rs.————-
(a) 1,00,000
(b) 5,00,000
(c) 50,00,000
(d) none of the above

Answer

Answer: (a) 1,00,000


Question 15.
The shares of a _______________ company can be freely transferable
(a) Private ltd
(b) Public ltd
(c) Partnership
(d) all of the above

Answer

Answer: (b) Public ltd


Question 16.
“Men may come and men may go but the company exist”- this explains which characteristics of the company as per companies Act 1956
(a) Separate legal entity
(b) Perpetual Succession
(c) Capacity to sue
(d) None of the above

Answer

Answer: (b) Perpetual Succession


Question 17.
Which of the following clause of Memorandum of Association cannot be altered
(a) Name
(b) Object
(c) situation
(d) liability

Answer

Answer: (d) liability


Question 18.
Which of the following is not a clause of memorandum of association
(a) situation
(b) capital
(c) subscription
(d) directors

Answer

Answer: (d) directors


Question 19.
The company will be considered as separate person and different from its members from the date (when the) _____________
(a) start of business
(b) Apply for registration
(c) receive incorporation certificate
(d) mentioned in certificate

Answer

Answer: (d) mentioned in certificate


Question 20.
The certificate of capital will be issued by
(a) Registrar of companies Act
(b) Controller of companies Act.
(c) Registrar of capital issues
(d) controller of capital issues

Answer

Answer: (d) controller of capital issues


Question 21.
A statement of nominal capital must be given at the time of incorporation by the company when the share capital is less than
(a) 50 Lakh
(b) 1 crore
(c) 10 Lakh
(d) 25 Lakh

Answer

Answer: (d) 25 Lakh


Question 22.
The address of the registered office of the company must be notified to the registrar within _________ days of registration, if it is not done at the time of incorporation
(a) 15
(b) 30
(c) 60
(d) 45

Answer

Answer: (b) 30


Question 23.
The application for registration of a company should be presented to the _______________ of the state appointed under Companies Act 1956
(a) Controller
(b) registrar
(c) Governor
(d) registration officer

Answer

Answer: (b) registrar


Question 24.
Minimum number of members required to apply for incorporation certificate in a public ltd company is
(a) 3
(b) 2
(c) 7
(d) 50

Answer

Answer: (c) 7


Question 25.
Preliminary Contracts are signed
(a) Before the incorporation
(b) After incorporation but before capital subscription
(c) After incorporation but before commencement of business
(d) After commencement of business

Answer

Answer: (a) Before the incorporation


Question 26.
A prospectus is issued by
(a) A private company
(b) A public company seeking investment from public
(c) A public enterprise
(d) A public company

Answer

Answer: (b) A public company seeking investment from public


Question 27.
Application for approval of name of a company is to be made to
(a) SEBI
(b) Registrar of Companies
(c) Government of India
(d) Government of the State in which Company is to be registered

Answer

Answer: (b) Registrar of Companies


Question 28.
Minimum number of members to form a private company is
(a) 2
(b) 3
(c) 5
(d) 7

Answer

Answer: (a) 2


Question 29.
Private company prohibits any invitation or acceptance of deposits from persons other than its ___________
(a) Members
(b) directors
(c) Partners
(d) banks

Answer

Answer: (a) Members


Question 30.
A company is known as the _______company of another company if it has control over that other company.
(a) subsidiary
(b) holding
(c) controlling
(d) statutory

Answer

Answer: (b) holding


Question 31.
For example Par value is Rs10 and it is issued at Rs15 then Rs5 is the ___________ amount
(a) Profit
(b) Market value
(c) dividend
(d) premium

Answer

Answer: (d) premium


Question 32.
__________ means the total amount of called up share capital which is actually paid to the company by the members
(a) nominal capital
(b) reserve capital
(c) called up capital
(d) Paid-up capital

Answer

Answer: (d) Paid-up capital


Question 33.
The dividend payable to ___________ share holders is payable on fixed figure or percent
(a) Equity
(b) non preference
(c) Preference
(d) all of the above

Answer

Answer: (c) Preference


Question 34.
_______________ capital means the sum mentioned in the capital clause of Memorandum of Association
(a) Full capital
(b) Maximum capital
(c) share capital
(d) Nominal Capital

Answer

Answer: (d) Nominal Capital


Question 35.
If the company can make arrangements for raising the capital privately so that pubic appeal is unnecessary, the company is required to prepare a _________________
(a) Prospectus
(b) statement in lieu of Prospectus
(c) certificate of Prospectus
(d) none of the above

Answer

Answer: (b) statement in lieu of Prospectus


Question 36.
A Government Company means any company in which not less than 51% of the paid-up share capital is held by
(a) Central Government
(b) State government
(c) Both a & b
(d) Neither a nor b

Answer

Answer: (c) Both a & b


Question 37.
A private company means a company which has a minimum paid up capital of Rs.————-
(a) 1,00,000
(b) 5,00,000
(c) 50,00,000
(d) none of the above

Answer

Answer: (b) 5,00,000


Question 38.
_________ are the company created by special act of the legislature
(a) Registered company
(b) Public Ltd Company
(c) Private ltd company
(d) Statutory company

Answer

Answer: (d) Statutory company


Question 39.
The liability of the members of the company can be limited by
(a) Share
(b) Guarantee
(c) Both a & b
(d) Neither a nor b

Answer

Answer: (c) Both a & b


Question 40.
When the registered office of a company is changed within a city then it has to be intimated to the registrar within ________ days of such change
(a) 60
(b) 45
(c) 30
(d) 7

Answer

Answer: (c) 30


Question 41.
If a company is instructed to change its name which resembles the name of an existing company then the company can change the name by
(a) Passing a special resolution
(b) obtaining permission from central government
(c) Passing an ordinary resolution
(d) Both a & b

Answer

Answer: (c) Passing an ordinary resolution


Question 42.
Number of clauses in Memorandum of Association is
(a) 5
(b) 6
(c) 7
(d) 8

Answer

Answer: (b) 6


Question 43.
The articles of association needs to be signed by
(a) all proposed directors
(b) registrar
(c) subscribers of memorandum
(d) none of the above

Answer

Answer: (c) subscribers of memorandum


Question 44.
If the proposed nominal capital is more than 25 lakh at the time of incorporation then the company needs to submit ________________ along with the application
(a) statement of capital
(b) certificate of incorporation
(c) certificate of capital
(d) certificate of incorporation

Answer

Answer: (c) certificate of capital


Question 45.
Among the following which documents are not mandatory to be submitted to the registrar along with incorporation application by a private company.
(a) Address of Registered office & undertaking
(b) Undertaking and statement of capital
(c) statement of capital & list of directors
(d) list of directors and statement of capital

Answer

Answer: (a) Address of Registered office & undertaking


Question 46.
Number of documents to be submitted, by a public ltd company, to the registrar while applying for incorporation of the company is
(a) 3
(b) 2
(c) 7
(d) 50

Answer

Answer: (c) 7


Question 47.
The application for registration of a company should be presented to the registrar of the state in which the _______________ of the company is to be situated
(a) Manufacturing plant
(b) first branch
(c) business office
(d) any of the above.

Answer

Answer: (c) business office


Question 48.
Section 12 of Companies Act 1956, deals with
(a) Incorporation
(b) Share capital
(c) Number of Directors
(d) Share holders

Answer

Answer: (a) Incorporation


True/False Questions

1. It is necessary to get every company incorporated, whether private or public.

Answer

Answer: True


2. Statement in lieu of prospectus can be filed by a public company going for a public issue.

Answer

Answer: True


3. A private company can commence business after incorporation.

Answer

Answer: True


4. Experts who help promoters in the promotion of a company are also called promoters.

Answer

Answer: False


5. A company can ratify preliminary contracts after incorporation.

Answer

Answer: False


6. If a company is registered on the basis of fictitious names, its incorporation is invalid.

Answer

Answer: False


7. ‘Articles of Association’ is the main document of a company.

Answer

Answer: False


8. Every company must file Articles of Association.

Answer

Answer: Flase


9. A provisional contract is signed by promoters before the incorporation of the company.

Answer

Answer: False


10. If a company suffers heavy issues and its assets are not enough to pay off its liabilities, the balance can be recovered from the private assets of its members.

Answer

Answer: False


One Mark Questions

1. Mention minimum and maximum number if members in private company. Minimum of two members and maximum is

Answer

Answer: fifty


2. Mention minimum and maximum number of members in public company.

Answer

Answer: Minimum of seven members and maximum is unlimited.


3. Which type of company issue prospectus?

Answer

Answer: Public Company issue prospectus.


4. Is it necessary to get company incorporated?

Answer

Answer: Yes.


5. At what stage private company a can commence its business.

Answer

Answer: A private company can commence its business after getting incorporation certificate.


6. ‘ Which is the main document of Joint Stock Company?

Answer

Answer: Memorandum of Association and Article of Association are the main documents of Joint Stock Company.


7. Name two stages in formation of company.

Answer

Answer: (a) Promotion
(b) Incorporation


8. Mention two certificates required for Joint Stock Company.

Answer

Answer: (a) Incorporation certificate
(b) Commencement of Business Certificate.


9. What is Article of association?

Answer

Answer: Article of association are the rules regarding internal management of a company.


10. Mention any one type of Joint Stock Company.

Answer

Answer: Public company is one of the type of Joint Stock Company


11. Name the company in which shares are freely transferable.

Answer

Answer: Public company shares are freely transferable.


12. State the minimum capital required in public companies.

Answer

Answer: Public companies should have a minimum Paid up capital of Rs.5,00,000.


13 State the minimum capital required in private companies.

Answer

Answer: Private companies should have a minimum Paid up capital of Rs. 1,00,000.


14. Mention any one function of promoters.

Answer

Answer: Identification of Business Opportunity


15. What are qualification shares?

Answer

Answer: It refers to the requirement that a member of the board must hold a vested interest in the operation of the enterprise in the form of company stock.


16. At what stage public company can start its business?

Answer

Answer: After getting commencement of business certificate a public company can start its business


17. Name the act which governs Joint Stock Companies in India.

Answer

Answer: Company act of 1956.


18. How many members have to sign the Memorandum of Association in public limited companies?

Answer

Answer: At least 7 members have to sign the Memorandum of Association in public limited companies


19. How many members have to sign the Memorandum of Association in private limited companies?

Answer

Answer: At least 2 members have to sign the Memorandum of Association in public limited companies


We hope the given NCERT MCQ Questions for Class 11 Business Studies Chapter 7 Formation of a Company with Answers Pdf free download will help you. If you have any queries regarding Formation of a Company CBSE Class 11 Business Studies MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

Class 11 Business Studies MCQ:

MCQ Questions for Class 11 Business Studies Chapter 4 Business Services with Answers

Business Services Class 11 MCQ Online Test With Answers Questions

Check the below NCERT MCQ Questions for Class 11 Business Studies Chapter 4 Business Services with Answers Pdf free download. MCQ Questions for Class 11 Business Studies with Answers were prepared based on the latest exam pattern. We have provided Business Services Class 11 Business Studies MCQs Questions with Answers to help students understand the concept very well.

Class 11 Business Studies Chapter 4 Business Services MCQ With Answers

Business Studies Class 11 Chapter 4 MCQs On Business Services

Business Services Class 11 MCQ Question 1.
CWC stands for_______.
(a) Central Water Commission
(b) Central Warehousing Commission
(c) Central Warehousing Corporation
(d) Central Water Corporation

Answer

Answer: (c) Central Warehousing Corporation


Class 11 Business Studies Chapter 4 MCQ Question 2.
Which of the following is not a function of insurance?
(a) Risk sharing
(b) Assist in capital formation
(c) Lending of funds
(d) None of the above

Answer

Answer: (b) Assist in capital formation


MCQ Questions For Class 11 Business Studies Chapter 4 Question 3.
DTH services are provided by________.
(a) Transport companies
(b) Banks
(c) Cellular companies
(d) None of the above

Answer

Answer: (c) Cellular companies


Chapter 4 Business Studies Class 11 MCQ Question 4.
The validity period of a demand draft is
(a) One month
(b) Two Months
(c) Three months
(d) Six Months

Answer

Answer: (c) Three months


Business Studies Class 11 Chapter 4 MCQ Question 5.
DTH services are provided by
(a) Transport Company
(b) Banks
(c) Cellular Company
(d) None of these

Answer

Answer: (c) Cellular Company


MCQ Of Business Services Class 11 Question 6.
Which of the following is an allied postal service-
(a) Greeting post
(b) Media post
(c) Speed post
(d) Passport Application

Answer

Answer: (c) Speed post


Ch 4 Business Studies Class 11 MCQ Question 7.
The functions of a commerce include
(a) acceptance of deposits
(b) granting of loans
(c) Locker facility
(d) all the above

Answer

Answer: (d) all the above


Ch 4 Bst Class 11 MCQ Question 8.
Time utility is created by
(a) Transportation
(b) Banking
(c) Warehousing
(d) Communication

Answer

Answer: (a) Transportation


Chapter 4 Bst Class 11 MCQ Question 9.
Which of the following is not applicable in life insurance contract?
(a) Conditional contract
(b) Unilateral contract
(c) Indemnity contract
(d) None of the above

Answer

Answer: (c) Indemnity contract


Bst Class 11 Chapter 4 MCQ Question 10.
The benefits of public warehousing includes_______.
(a) Control
(b) Flexibility
(c) Dealer relationship
(d) None of the above

Answer

Answer: (b) Flexibility


Class 11 Bst Ch 4 MCQ Question 11.
It is not a type of general insurance
(a) Marine Insurance
(b) Fidelity Insurance
(c) Fire Insurance
(d) Life Insurance

Answer

Answer: (d) Life Insurance


Business Services MCQ Class 11 Question 12.
What is the full form of WWW
(a) world wide width
(b) world wide work
(c) world wild web
(d) world wide web

Answer

Answer: (d) world wide web


Class 11 Bst Chapter 4 MCQ Question 13.
Which is considered as the cheapest means of transportation
(a) Air
(b) Road
(c) Water
(d) Railway

Answer

Answer: (c) Water


Class 11 Business Chapter 4 MCQ Question 14.
Which of the following is a contract of Indemnity
(a) Marine Insurance
(b)Fire Insurance
(c) Life Insurance
(d) all the above

Answer

Answer: (b) Fire Insurance


MCQ On Business Services Question 15.
Which is the central Bank of India
(a) Central Bank
(b)State Bank of India
(c) Bank of India
(d) Reserve Bank of India

Answer

Answer: (d) Reserve Bank of India


One Mark Questions

1. Give the meaning of‘Service’.

Answer

Answer: Anything which is done by a person to another person for consideration is called service.


2. State any two types of services.

Answer

Answer: (a) Business Services
(b) Social Services


3. What do you mean by e-banking?

Answer

Answer: Electronic banking refers to banking where the transaction or the activities of banking is carried out through internet.


4. Define Bank.

Answer

Answer: A bank is a financial institution licensed to receive deposits and make loans.


5. Expand MICR.

Answer

Answer: Magnetic ink character recognition


6. What is meant by EFT?

Answer

Answer: Electronic Funds Transfer (EFT) is a system of transferring money from one bank account directly to another without any paper money changing hands.


7. State any one marine risk.

Answer

Answer: Sinking in ship


8. Who is an Insured?

Answer

Answer: The person who obtains or is otherwise covered by insurance on his or her health, life, or property.


9. Name the act regulating banking business in India.

Answer

Answer: Banking regulatory Act 1949


10. Name any one type of Bank account.

Answer

Answer: Saving Bank Account


11. Name any one Banking service.

Answer

Answer: Bank Overdraft


12. Who is Insurer?

Answer

Answer: The person who undertakes to indemnify is called the insurer.


13. What is Insurance Policy?

Answer

Answer: The written document which contains the terms and conditions of the contract of insurance is called insurance policy.


14. State one type of Insurance.

Answer

Answer: Life insurance


15. Mention one type of Postal service.

Answer

Answer: Mail Facilities


16. Expand MODA.

Answer

Answer: Multiple Option Deposit Accounts


17. Expand NEFT.

Answer

Answer: National Electronic Funds Transfer


18. Expand MIS.

Answer

Answer: Monthly Income Scheme


19. Expand SCSS.

Answer

Answer: Senior Citizen Savings Scheme


20. Expand ATM.

Answer

Answer: Automated Teller Machine


21. Expand IMO.

Answer

Answer: Instant Money Order


22. Expand EPS.

Answer

Answer: Electronic Payment & Service


23. Expand EMO.

Answer

Answer: Electronic Money Order

24. Expand VAST

Answer

Answer: Very Small Aperture Terminal


We hope the given NCERT MCQ Questions for Class 11 Business Studies Chapter 4 Business Services with Answers Pdf free download will help you. If you have any queries regarding Business Services CBSE Class 11 Business Studies MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

Class 11 Business Studies MCQ:

MCQ Questions for Class 11 Business Studies Chapter 3 Private, Public and Global Enterprises with Answers

Private, Public and Global Enterprises Class 11 MCQ Online Test With Answers Questions

Check the below NCERT MCQ Questions for Class 11 Business Studies Chapter 3 Private, Public and Global Enterprises with Answers Pdf free download. MCQ Questions for Class 11 Business Studies with Answers were prepared based on the latest exam pattern. We have provided Private, Public and Global Enterprises Class 11 Business Studies MCQs Questions with Answers to help students understand the concept very well.

Class 11 Business Studies Chapter 3 Private, Public and Global Enterprises MCQ With Answers

Business Studies Class 11 Chapter 3 MCQs On Private, Public and Global Enterprises

Private Public And Global Enterprises Class 11 MCQ Question 1.
Disinvestments of PSE’s implies
(a) Sale of equity shares to private sector/public
(b) Closing down operations
(c) Investing in new areas
(d) Buying shares of PSE’s

Answer

Answer: (a) Sale of equity shares to private sector/public


MCQ Questions For Class 11 Business Studies Chapter 3 Question 2.
PSE’s are organisations owned by
(a) Joint Hindu family
(b) Government
(c) Foreign Companies
(d) Private entrepreneurs

Answer

Answer: (b) Government


Class 11 Business Studies Chapter 3 MCQ Question 3.
A government company is any company in which the paid up capital held by the government is not less than
(a) 49 percent
(b) 51 percent
(c) 50 percent
(d) 25 percent

Answer

Answer: (b) 51 per cent


Public Private And Global Enterprises Class 11 MCQ Question 4.
Indian economy is a
(a) socialist economy
(b) pure market economy
(c) mixed economy
(d) traditional economy

Answer

Answer: (c) mixed economy
Expalnation:
India is a mixed economy.


Business Studies Class 11 Chapter 3 MCQ Question 5.
Which of the following enterprises may benefit the most by an established brand name at the time of incorporation?
(a) Departmental Undertaking
(b) Government Company
(c) Statutory corporations
(d) Joint Venture

Answer

Answer: (d) Joint Venture
Expalnation:
This is the correct answer. When two parties enter a joint venture one of the parties benefits from the other’s goodwill, which has already been established in the market. With an established brand name there is a ready market waiting for the product to be launched. A lot of investment is saved in the process.


Chapter 3 Business Studies Class 11 MCQ Question 6.
Which of the following types of organisations has the capability of expansion of market territory and operates through a network of subsidiaries, branches and affiliates?
(a) MOFA
(b) MNC
(c) Public Sector enterprises
(d) Private sector enterprises

Answer

Answer: (b) MNC
Explanation:
Multi National Corporations are global enterprises that undertake expansion of market territories extending beyond the physical boundaries of their own country. They operate through a network of subsidiaries, branches and affiliates in their host countries.


Ch 3 Bst Class 11 MCQ Question 7.
Which of the following statements regarding recent Government policy measures towards the public sector is/are true?
a. Restructuring and reviving potentially viable PSU’s.
b. Closing down of those PSU’s that can not be revived.
c. Bringing down government equity in all non strategic PSU’s to 50 percent or lower.
d. Fully protecting the interest of workers.
(a) Only a, b and c
(b) Only a, c and d
(c) Only a, b and d
(d) Only b, c and d

Answer

Answer: (c) Only a, b and d
Explanation:
This is the correct option. These are the true statements regarding recent Government Policy measures towards the public sector.


Ch 3 Business Studies Class 11 MCQ Question 8.
In the 2001 resolution on industrial policy the number of industries exclusively reserved for the public sector was brought down. This meant that the private sector can now enter all areas, except these and the public sector would have to compete with them. Which of the following areas are now exclusive for the public sector?
a. Atomic energy
b. Arms
c. Communication
d. Railways
(a) Only a, b and c
(b) Only a, c and d
(c) Only a, b and d
(d) Only b, c and d

Answer

Answer: (c) Only a, b and d
Expalnation:
This the correct option because atomic energy, arms and railways are exclusive to the public sector only.


Chapter 3 Bst Class 11 MCQ Question 9.
The public sector enterprises are to invest and operate in certain spheres. Which of the following is not one of these core sectors?
(a) Civil aviation
(b) Power generation plants
(c) Pharmaceuticals
(d) Project management consultancies

Answer

Answer: (c) Pharmaceuticals
Explanation:
This is a core sector where the government invested through public sector enterprises.


Private Public And Global Enterprises MCQ Question 10.
The shares of a Government Company are purchased in the name of which of the following?
(a) The Indian Government.
(b) The President of India.
(c) The Chief Minister of the state, where the head office of the company lies.
(d) The Managing Director of the company.

Answer

Answer: (b) The President of India.
Explanation:
This is correct. The shares of a Government Company are purchased in the name of the President of India.


Bst Class 11 Chapter 3 MCQ Question 11.
The funding of which of the following enterprise comes directly from the government treasury, is under an annual appropriation from the budget of the government and the revenue earned by it is also paid into the treasury?
(a) Departmental undertaking
(b) Statutory corporation
(c) Government company
(d) Cooperatives

Answer

Answer: (a) Departmental undertaking
Explanation:
This is the correct answer. The funding for a departmental undertaking comes directly from the government treasury, is under an annual appropriation from the budget of the government and the revenue earned by it is also paid into the treasury.


Class 11 Bst Ch 3 MCQ Question 12.
Which of the following is true about statutory corporations?
(a) Statutory corporations are public enterprises that come into existence by a special act of the parliament.
(b) Statutory corporations are subject to the same accounting and audit procedures as are applicable to government departments.
(c) Statutory enterprises are funded directly by the government treasury.
(d) The employees of statutory enterprises are civil servants.

Answer

Answer: (a) Statutory corporations are public enterprises that come into existence by a special act of the parliament.
Explanation:
This is the correct answer. Statutory corporations come into existence by a special act of the parliament.


MCQ On Private Public And Global Enterprises Question 13.
Reconstruction of sick public sector units is taken up by
(a) MOFA
(b) MoU
(c) BIFR
(d) NRF

Answer

Answer: (c) BIFR


MCQ Of Private Public And Global Enterprises Question 14.
Centralised control in MNC’s implies control exercised by
(a) Branches
(b) Subsidiaries
(c) Headquarters
(d) Parliament

Answer

Answer: (c) Headquarters


MCQ Of Chapter 3 Business Studies Class 11 Question 15.
Which of the following is/are the correct way(s) of forming a joint venture company?
a. Two parties can incorporate a company in India and the business of both parties can be transferred directly to the new company.
b. The above two parties can subscribe to the shares of the joint venture company in agreed proportion, in cash, and start a new business.
c. Promoter shareholder of an existing Indian company and another party may jointly collaborate to jointly carry on the business of that company.
(a) Only a
(b) Only b
(c) Only c
(d) Only a and b
(e) Only b and c

Answer

Answer: (e) Only b and c
Explanation:
This is the correct answer as both these statements are correct.


Class 11 Bst Chapter 3 MCQ Question 16.
All joint ventures in India require government approvals if a foreign partner or a Non Resident Indian is involved. The approval can be obtained from which of the following?
(a) RBI
(b) FIPB
(c) BIFR
(d) All of these
(e) Either RBI or FIPB

Answer

Answer: (e) Either RBI or FIPB
Explantion:
This is the correct answer. Reserve Bank of India gives approval if the joint venture is covered under the automatic route. Foreign Investment Promotion Board has to approve a joint venture specially, if it is not covered under the automatic route and it is a special case.


Bst Chapter 3 Class 11 MCQ Question 17.
Which of the following roles are played by the public sector in the economy?
a. Regional balance
b. Economies of scale
c. Check over concentration of economic power
d. Import substitution
e. Development of infrastructure
(a) Only a, b and d
(b) Only a, c, d and e
(c) Only a, b, c and e
(d) Only b, c, d and e
(e) All of these

Answer

Answer: (e) All of these
Explanation:
This is the correct answer, as all these factors are important roles played by the public sector in the development of the nation.


Class 11 Business Chapter 3 MCQ Question 18.
All public sector units were referred to _______________, to decide whether a sick unit was to be restructured or closed down.
(a) PSU
(b) MOFA
(c) MoU
(d) BIFR

Answer

Answer: (d) BIFR
Explanation:
This is the correct option the Board of Industrial and Financial Reconstruction decides, whether a sick unit is to be restructured or closed down.


Question 19.
Which of the following was the first successful privatisation of a Central Public Sector Undertaking, carried out by the Government?
(a) BBUNL
(b) LJMC
(c) MMTC
(d) MoU

Answer

Answer: (b) LJMC
Explanation:
This was the first successful privatisation of a Central Public Sector Undertaking, carried out by the Government. Lagan Jute Machinery Company was a Calcutta based company that was in decline, In the initial stages of dis investment LJMC was approved for privatisation through sale of 74 % stake to a strategic partner.


Question 20.
Which of the following has the power of the Government and the considerable amount of operating flexibility of private enterprises?
(a) Departmental Undertakings
(b) Statutory Corporations
(c) Government companies
(d) All of the above

Answer

Answer: (b) Statutory Corporations
Explanation:
This is the correct answer. These are public corporations brought into existence by a Special Act of Parliament. It is a corporate body created by legislature and is a corporate person. Thus, these have the power of the Government and the considerable amount of operating flexibility of private enterprises.


Question 21.
According to the Indian Companies Act 1956, a government company means, any company in which not less than _______________ of the paid up capital is held by the central government or partly by central government, and partly by one or more state governments.
(a) 100 percent
(b) 91 percent
(c) 75 percent
(d) 51 percent

Answer

Answer: (d) 51 percent
Explanation:
This is the correct answer. The paid up capital by the government is not less than 51 percent.


Question 22.
The forms of organisation which a public enterprise may take are?
a. Departmental undertaking
b. Cooperative
c. Statutory corporation
d. Government company
(a) Only a, b, and c
(b) Only a, c and d
(c) Only b, c and d
(d) Only a, b and d

Answer

Answer: (b) Only a, c and d
Explanation:
This is the correct answer because departmental undertaking, statutory corporation and government companies are all forms of public enterprise.


ONE MARK QUESTIONS

1. Mention any two types of Public enterprises.

Answer

Answer: (a) Departmental Undertakings
(b) Government Companies


2. Give an example for departmental undertaking.

Answer

Answer: Railway department


3. Give an example for statutory corporations.

Answer

Answer: Karnataka state road transportation corporation (KSR.TC)


4. Mention any one feature of statutory corporations.

Answer

Answer: Government Control


5. Mention any one feature of Government companies.

Answer

Answer: Ownership


6. Mention any one feature of MNC’s.

Answer

Answer: Large Scale operations


7. Give an example for MNCs.

Answer

Answer: Sony


8. Give an example for Joint venture.

Answer

Answer: Maruthi Suzuki


9. State any one feature of Joint venture.

Answer

Answer: Single Business


10. State the minimum amount of capital held by the government in government companies.

Answer

Answer: The minimum amount of capital held by the government is not less than 51% of paid up capital by state or central government.


We hope the given NCERT MCQ Questions for Class 11 Business Studies Chapter 3 Private, Public and Global Enterprises with Answers Pdf free download will help you. If you have any queries regarding Private, Public and Global Enterprises CBSE Class 11 Business Studies MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

Class 11 Business Studies MCQ:

MCQ Questions for Class 11 Accountancy Chapter 14 Structuring Database for Accounting with Answers

Structuring Database for Accounting Class 11 MCQ Online Test With Answers Questions

Check the below NCERT MCQ Questions for Class 11 Accountancy Chapter 14 Structuring Database for Accounting with Answers Pdf free download. MCQ Questions for Class 11 Accountancy with Answers were prepared based on the latest exam pattern. We have provided Structuring Database for Accounting Class 11 Accountancy MCQs Questions with Answers to help students understand the concept very well.

Class 11 Accountancy Chapter 14 Structuring Database for Accounting MCQ With Answers

Accountancy Class 11 Chapter 14 MCQs On Structuring Database for Accounting

MCQ Questions For Class 11 Accountancy Test Question 1.
State three concept of structuring database for accounting.

Answer

Answer: The three concepts of structuring database for accounting are.
1. Documentation of Transaction
2. Computerised Accounting
3. Accounting Database


MCQ Questions For Class 11 Accountancy Chapter Wise Question 2.
Define Data Processing Cycle.

Answer

Answer: Data processing cycle is a process of transforming the data into useful information for making an important decision.


MCQ Questions For Class 11 Commerce Pdf Question 3.
What are the steps required in Data Processing Cycle?

Answer

Answer: The steps required in Data Processing Cycle are.
1. Sources of document
2. Input of data
3. Data Storage
4. Manipulation of Data
5. Output of Data


Accounts MCQ Class 11 Question 4.
What are the elements required for conceptualising data model?

Answer

Answer: The elements required for conceptualising data mode are.
1. Reality
2. ER Design
3. Relational Data Model
4. Normalisation
5. Refinement


MCQ Questions For Class 11 Accountancy Pdf Question 5.
Does all the relation have one default super key, which is the unification of all its attributes? Is it true or false?

Answer

Answer: True


Class 11 MCQ Accountancy Question 6.
Do you agree with the statement that Data transformation is known Information. Is it true or false?

Answer

Answer: True


Class 11 Account MCQ Question 7.
Referential integrity limitation rises because of the links between various entities. Is it true or false?

Answer

Answer: True


MCQ Of Class 11 Accountancy Question 8.
The entire nonexistence of WHERE condition in the SELECT statement indicates that no tuples of a relation shall be chosen. Is it true or false?

Answer

Answer: False


MCQ Questions For Class 11 Accountancy Pdf Chapter Wise Question 9.
The example of a representational data model is the ER model. Is it true or false?

Answer

Answer: False


MCQ Accounts Class 11 Question 10.
Which attribute has more than one attribute with unique values

Answer

Answer: Full functional


Account MCQ Class 11 Question 11.
Which entity does not have key attributes of its own

Answer

Answer: Weak entity


Class 11 Accounts MCQ Question 12
What constraint does the weak entity type always have with respect to its identifying relationship?

Answer

Answer: Multi-valued constraint


We hope the given NCERT MCQ Questions for Class 11 Accountancy Chapter 14 Structuring Database for Accounting with Answers Pdf free download will help you. If you have any queries regarding CBSE Class 11 Accountancy Structuring Database for Accounting MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

Class 11 Accountancy With Answers MCQ:

MCQ Questions for Class 11 Accountancy Chapter 11 Accounts from Incomplete Records with Answers

Accounts from Incomplete Records Class 11 MCQ Online Test With Answers Questions

Check the below NCERT MCQ Questions for Class 11 Accountancy Chapter 11 Accounts from Incomplete Records with Answers Pdf free download. MCQ Questions for Class 11 Accountancy with Answers were prepared based on the latest exam pattern. We have provided Accounts from Incomplete Records Class 11 Accountancy MCQs Questions with Answers to help students understand the concept very well.

Class 11 Accountancy Chapter 11 Accounts from Incomplete Records MCQ With Answers

Accountancy Class 11 Chapter 11 MCQs On Accounts from Incomplete Records

Mcq On Accounts From Incomplete Records Question 1.
A system of accounting which is not based on double entry system is called-
(a) Cash system
(b) Mahajani system of accounting
(c) Incomplete accounting system
(d) None of these.

Answer

Answer: (c) Incomplete accounting system


Accounts From Incomplete Records Mcq Question 2.
Accounts which are maintained under single entry system-
(a) Personal accounts
(b) Impersonal accounts
(c) (a) & (b) both
(d) None of these.

Answer

Answer: (a) Personal accounts


Question 3.
Statement of affairs is prepared to-
(a) Know about assets
(b) Know about liabilities
(c) Calculate capital
(d) Know financial position.

Answer

Answer: (c) Calculate capital


Question 4.
Liabilities and assets amount to Rs. 50,000 and Rs. 78,000 respectively. The difference amount will represent-
(a) Creditors
(b) Debentures
(c) Profit
(d) Capital.

Answer

Answer: (d) Capital.


Question 5.
Generally incomplete records are maintained by-
(a) Trader
(b) Society
(c) Company
(d) Government.

Answer

Answer: (a) Trader


Fill in the blanks :

1. Single entry system can be adopted by ………………

Answer

Answer: Sole trader or partnership firm


2. …………… Accounts are maintained under single entry system.

Answer

Answer: Personal


3. Single entry system is not a …………….. system of maintaining accounts.

Answer

Answer: Scientific


4. While calculating profit. Drawings will be added to …………….

Answer

Answer: Closing capital


State True or False:

1. Profit can be determined by preparing statement of affairs in single entry system.

Answer

Answer: True


2. Single entry system cannot be converted into double entry system.

Answer

Answer: False


3. Excess of assets over liabilities is called capital.

Answer

Answer: True


4. Closing capital is deducted from opening capital to calculate profit in single entry system.

Answer

Answer: False


Match the following:

Column A Column B
1. statement of affairs (a) Opening statement of affairs
2. Opening capital (b) capital
Answer

Answer:

Column A Column B
1. statement of affairs (b) capital
2. Opening capital (a) Opening statement of affairs

Answer in one word / sentence:

1. Which account is prepared to know the credit purchase?

Answer

Answer: Creditors account


2. What is found out by preparation of opening statement of affairs?

Answer

Answer: Opening capital


3. Which amount will be credited on accepting new bills?

Answer

Answer: Bills payable


4. Which account is debited on dishonouring of a bill?

Answer

Answer: Debtor’s A/c


We hope the given NCERT MCQ Questions for Class 11 Accountancy Chapter 11 Accounts from Incomplete Records with Answers Pdf free download will help you. If you have any queries regarding CBSE Class 11 Accountancy Accounts from Incomplete Records MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

Class 11 Accountancy With Answers MCQ: