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HSC Commerce (English Medium) इयत्ता ११ वी - Maharashtra State Board Question Bank Solutions

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Attempt the following.

State the types of human activities.

[1] Introduction of Commerce and Business
Chapter: [1] Introduction of Commerce and Business
Concept: undefined >> undefined

State True or False:

Sole trader is the decision-maker of the business.

[4] Forms of Business Organisation - 1
Chapter: [4] Forms of Business Organisation - 1
Concept: undefined >> undefined

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State True or False:

Sole trading concern operates in local markets.

[4] Forms of Business Organisation - 1
Chapter: [4] Forms of Business Organisation - 1
Concept: undefined >> undefined

State True or False:

Sole proprietorship is useful for small business.

[4] Forms of Business Organisation - 1
Chapter: [4] Forms of Business Organisation - 1
Concept: undefined >> undefined

Complete the sentence.

There is only one owner in _____________

[4] Forms of Business Organisation - 1
Chapter: [4] Forms of Business Organisation - 1
Concept: undefined >> undefined

Select the correct option:

A B
Forms of business organisation ______________
[4] Forms of Business Organisation - 1
Chapter: [4] Forms of Business Organisation - 1
Concept: undefined >> undefined

Select the correct option:

A B
Minimum 2 and maximum 50 ______________
[4] Forms of Business Organisation - 1
Chapter: [4] Forms of Business Organisation - 1
Concept: undefined >> undefined

 Answer in one sentence
What do you mean by internal trade?

[2] Trade
Chapter: [2] Trade
Concept: undefined >> undefined

Answer in one sentence.

What is sole Trading concern?

[4] Forms of Business Organisation - 1
Chapter: [4] Forms of Business Organisation - 1
Concept: undefined >> undefined

Correct the underlined word and rewrite the following sentence:

When the trade activities are conducted between two or more countries, it is called as internal trade.

[2] Trade
Chapter: [2] Trade
Concept: undefined >> undefined

Correct the underlined word and rewrite the following sentence.

There is less secrecy in Sole Trading concern.

[4] Forms of Business Organisation - 1
Chapter: [4] Forms of Business Organisation - 1
Concept: undefined >> undefined

Explain the following term/concept:

Sole Trading Concern.

[4] Forms of Business Organisation - 1
Chapter: [4] Forms of Business Organisation - 1
Concept: undefined >> undefined

Distinguish between Sole Trading Concern and Partnership Firm.

[4] Forms of Business Organisation - 1
Chapter: [4] Forms of Business Organisation - 1
Concept: undefined >> undefined

Answer in brief.

State any four features of Sole Trading Concern.

[4] Forms of Business Organisation - 1
Chapter: [4] Forms of Business Organisation - 1
Concept: undefined >> undefined

Justify the following statement.

Liability of a ‘Sole trader’ is Unlimited.

[4] Forms of Business Organisation - 1
Chapter: [4] Forms of Business Organisation - 1
Concept: undefined >> undefined

Justify the following statement.

Sole proprietorship is useful for small business.

[4] Forms of Business Organisation - 1
Chapter: [4] Forms of Business Organisation - 1
Concept: undefined >> undefined

Attempt the following:

Explain the features of Sole Trading Concern.

[4] Forms of Business Organisation - 1
Chapter: [4] Forms of Business Organisation - 1
Concept: undefined >> undefined

Select the correct Option and rewrite the sentence.

Small Industrial Development Bank of India (SIDBI) was established in ___________

[6] Institutes Supporting Business
Chapter: [6] Institutes Supporting Business
Concept: undefined >> undefined

Select the correct Option and rewrite the sentence.

SIDBI was established under the Small Industrial Development Bank of India. Act, ___________

[6] Institutes Supporting Business
Chapter: [6] Institutes Supporting Business
Concept: undefined >> undefined

Select the correct Option and rewrite the sentence.

___________ is Principal Financial Institution for Promotion, the Micro, Small and Medium Enterprise (MSME) sector 1n India.

[6] Institutes Supporting Business
Chapter: [6] Institutes Supporting Business
Concept: undefined >> undefined
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