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Question Bank Solutions for CBSE (Arts) Class 11 - CBSE - Business Studies

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List any five major commercial cities of ancient India

[0.011000000000000001] Business, Trade and Commerce
Chapter: [0.011000000000000001] Business, Trade and Commerce
Concept: Concept of Business

What is Hundi?

[0.011000000000000001] Business, Trade and Commerce
Chapter: [0.011000000000000001] Business, Trade and Commerce
Concept: Concept of Business

List the major exports and imports in ancient India.

[0.011000000000000001] Business, Trade and Commerce
Chapter: [0.011000000000000001] Business, Trade and Commerce
Concept: Concept of Business

What were the different types of Hundi in use by traders in ancient times?

[0.011000000000000001] Business, Trade and Commerce
Chapter: [0.011000000000000001] Business, Trade and Commerce
Concept: Concept of Business

What do you understand by maritime trade?

[0.011000000000000001] Business, Trade and Commerce
Chapter: [0.011000000000000001] Business, Trade and Commerce
Concept: Concept of Business

State the different types of economic activities.

[0.011000000000000001] Business, Trade and Commerce
Chapter: [0.011000000000000001] Business, Trade and Commerce
Concept: Concept of Business

Why is business considered an economic activity?

[0.011000000000000001] Business, Trade and Commerce
Chapter: [0.011000000000000001] Business, Trade and Commerce
Concept: Concept of Business

State the meaning of business.

[0.011000000000000001] Business, Trade and Commerce
Chapter: [0.011000000000000001] Business, Trade and Commerce
Concept: Concept of Business

Discuss the development of indigenous banking system in Indian subcontinent.

[0.011000000000000001] Business, Trade and Commerce
Chapter: [0.011000000000000001] Business, Trade and Commerce
Concept: Concept of Business

Define business.

[0.011000000000000001] Business, Trade and Commerce
Chapter: [0.011000000000000001] Business, Trade and Commerce
Concept: Concept of Business

Describe the important characteristics of business.

[0.011000000000000001] Business, Trade and Commerce
Chapter: [0.011000000000000001] Business, Trade and Commerce
Concept: Concept of Business

Compare business with profession and employment.

[0.011000000000000001] Business, Trade and Commerce
Chapter: [0.011000000000000001] Business, Trade and Commerce
Concept: Concept of Business

What factors are to be considered while starting a business? Explain.

[0.011000000000000001] Business, Trade and Commerce
Chapter: [0.011000000000000001] Business, Trade and Commerce
Concept: Concept of Business

What do you understand by a sole proprietorship firm?

[0.012] Forms of Business Organizations
Chapter: [0.012] Forms of Business Organizations
Concept: Concept of Sole Proprietorship Or Sole Trader

Despite limitations of size and resources, many people continue to prefer sole proprietorship over other forms of organisation. Why?

[0.012] Forms of Business Organizations
Chapter: [0.012] Forms of Business Organizations
Concept: Concept of Sole Proprietorship Or Sole Trader

Kiran is a sole proprietor. Over the past decade, her business has grown from operating a neighbourhood corner shop selling accessories such as artificial jewellery, bags, hair clips and nail art to a retail chain with three branches in the city. Although she looks after the varied functions in all the branches, she is wondering whether she should form a company to better manage the business. She also has plans to open branches countrywide.

(a) Explain two benefits of remaining a sole proprietor
(b) Explain two benefits of converting to a joint stock company
(c) What role will her decision to go nationwide play in her choice of form of the organisation?
(d) What legal formalities will she have to undergo to operate business as a company?

[0.012] Forms of Business Organizations
Chapter: [0.012] Forms of Business Organizations
Concept: Concept of Sole Proprietorship Or Sole Trader

Centralised control in MNC's implies control exercised by

[0.013000000000000001] Public, Private and Global Enterprises
Chapter: [0.013000000000000001] Public, Private and Global Enterprises
Concept: Concept of Public Sector and Private Sector Enterprises

Reconstruction of sick public sector units is taken up by

[0.013000000000000001] Public, Private and Global Enterprises
Chapter: [0.013000000000000001] Public, Private and Global Enterprises
Concept: Concept of Public Sector and Private Sector Enterprises

Disinvestment of PSE's implies

[0.013000000000000001] Public, Private and Global Enterprises
Chapter: [0.013000000000000001] Public, Private and Global Enterprises
Concept: Concept of Public Sector and Private Sector Enterprises

Explain the concept of private sector and public sector?

[0.013000000000000001] Public, Private and Global Enterprises
Chapter: [0.013000000000000001] Public, Private and Global Enterprises
Concept: Concept of Public Sector and Private Sector Enterprises
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Question Bank Solutions for CBSE (Arts) Class 11 CBSE Business Studies. You can further filter Question Bank Solutions by subjects and topics. Solutions for most of the questions for CBSE can be found here on Shaalaa.com. You can use these solutions to prepare for your studies and ace in exams. Solving questions is a great way to practice and with Shaalaa.com, you can answer a question and then also check your answer with the solutions provided.
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