CBSE Questions for Class 9 Elements Of Business Fundamentals Of Business Activities Quiz 1 -

The share of tertiary sector in India's GDP in (2011-12) is _____________.
  • Around 46%
  • Around 42%
  • Around 74%
  • None of the above
"A secretary is an indispensable person in the office."
  • True
  • False
Which of the following is not a regulatory body?
  • RBI
  • SEBI
What is the second stage of socialisation process?
  • Metamorphosis stage
  • Pre-arrival stage
  • Outcome
  • Encounter stage
Localisation in economics refer to ____________-.
  • Localised markets
  • Location of a firm
  • Production of a Region
  • Regional specialization
Which one of the following is a non-economic activity?
  • Milkman selling milk
  • Farmer sowing seeds
  • A mother cooking for her family
  • Nurse working in a hospital
The final step in survey execution is ___________ .
  • design of forms
  • analysis of data
  • processing of data
  • preparation of report
Winch of these is not an element of a market?
  • Buyer and seller
  • ATM and Bank branch.
  • Goods and services
  • Price
_______ is essential for any business concern.
  • Unlimited liabilities
  • Stability
  • Interrupted existence
  • No risk
A person who does writing work for his boss is a ____________.
  • secretary
  • board of directors
  • managing committee
  • none of these
Management qualified all the tests of profession except ________.
  • dominance of service motive.
  • need for learning and proper organisation.
  • entry restricted on the basis of examination.
  • systematic body of knowledge.
The base period should be ________ period.
  • Abnormal
  • Normal
  • Unnatural
  • None of above
Which of the following can be treated as characteristics of business organization?
  • All business enterprise engages in operation on a continuous basis
  • Business undertakings are not exposed to any risk or uncertainty
  • A business firms are owned by one individual and not by a group of individuals jointly
  • All of above
Which of these is not an economic activity?
  • Maintaining PWD Road.
  • Playing a friendly 20-20 match.
  • Plying public transport bus.
  • Working with a professional musical group.
The acronym of All India Management Association is _____________.
  • AIDA
  • IIM
  • AIMA
_______ guides the behavior of the professionals.
  • Morality
  • Ethics
  • Code of conduct
  • Degree of profession
Which of the following is/are not an economic resource?
  • Air
  • Water
  • Sunlight
  • All the three
____________ includes the production, purchase, sale and distribution of goods or services with the main objective of earning profit.
  • Business
  • Profession
  • Employment
  • None of these
A personal secretary is also called a ______.
  • Stenographer
  • Personal Assistant (P.A.)
  • Boss
  • None of these
Which of the following is not associated with business?
  • Profit earning
  • An economic activity
  • Uncertainty or risk
  • Salary or wages
The main purpose of an economic activity is ________________.
  • To avoid loss
  • To earn profit
  • To earn less profit
  • To provide free services
Identify the type of economic activity which is subject to the code of conduct laid down by the professional bodies.
  • Employment
  • Business
  • Profession
  • Trade
The term 'business' originated from the word _____________.
  • Financial Markets
  • Busy
  • Buy and selling
  • Proprietorship
Which of the following is not concerned with profession?
  • Manufacturing of goods and services
  • Code of Conduct
  • Specialized body knowledge and skill
  • Formal training
Which of the following economic activity does not require capital?
  • Business
  • Profession
  • Employment
  • None of these
To buy a book from the market by giving money is called _____.
  • Direct Exchange
  • Indirect Exchange
  • Direct and Indirect exchange
  • This is not any type of exchange
Manufacturing industries are part of which activity?
  • Primary activity
  • Secondary activity
  • Tertiary activity
  • Quarrying
Which of the following is an economic activity?
  • Teaching of a teacher in the school
  • To teach son at home
  • Mother nurturing her child
  • To play football by a student
Which one of the following is not a primary activity?
  • Banking services
  • Mining
  • Forestry
  • Plantation agriculture
This economist termed continuous exploitation of economic resources as "Economic drain".
  • Kautilya
  • Amartya Sen
  • Dababhai Naoroji
  • D.R. Gadgil

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