Maharashtra State BoardHSC Commerce 11th
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Question Bank Solutions for HSC Commerce 11th - Maharashtra State Board - Organisation of Commerce and Management

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Organisation of Commerce and Management
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Match the pairs:

Group ‘ A’ Group ‘ B’
A) Helping disabled person 1) Social objective
2) Foreign Trade 2) Foreign Trade
C) Local currency 3) Sericulture
D) Solve social problems 4) Non-economic activity
  5) Internal Trade
  6) Mining
  7) Profit
  8) Economic activity
[0.01] Introduction of Commerce and Business
Chapter: [0.01] Introduction of Commerce and Business
Concept: Introduction of Commerce and Business

Correct the underlined word and rewrite the sentence.

Barter exchange is an exchange with money

[0.01] Introduction of Commerce and Business
Chapter: [0.01] Introduction of Commerce and Business
Concept: Introduction of Commerce and Business

Correct the underlined word and rewrite the sentence.

Commerce represents supply side of market.

[0.01] Introduction of Commerce and Business
Chapter: [0.01] Introduction of Commerce and Business
Concept: Introduction of Commerce and Business

Explain the following term/concept.

Business

[0.01] Introduction of Commerce and Business
Chapter: [0.01] Introduction of Commerce and Business
Concept: Introduction of Commerce and Business

Study the follow ing case/situation and express your opinion.

Jaysukh oil mills produce refined oil. The entire production is purchased by Rupesh Oil Depot, Who in turn sells it to various retailers. Mrs. Prachi purchased 2kg oil from Balaji Groceries. Identify:

  1. Wholesaler
  2. Retailer
  3. Consumer
[0.01] Introduction of Commerce and Business
Chapter: [0.01] Introduction of Commerce and Business
Concept: Introduction of Commerce and Business

Study the follow ing case/situation and express your opinion.

Mr. Pranav is a tin manufacturer in India. Mr. Jack of England sells goods to M/s Frank Corporation in North America and Mr. Williams of USA buys various goods from Brazil.

  1. Who is the importer?
  2. Who is the manufacturer?
  3. Who is the exporter?
[0.01] Introduction of Commerce and Business
Chapter: [0.01] Introduction of Commerce and Business
Concept: Introduction of Commerce and Business

Distinguish between:

Business and Commerce.

[0.01] Introduction of Commerce and Business
Chapter: [0.01] Introduction of Commerce and Business
Concept: Introduction of Commerce and Business

Answer in brief.

State any four features of business.

[0.01] Introduction of Commerce and Business
Chapter: [0.01] Introduction of Commerce and Business
Concept: Introduction of Commerce and Business

Attempt the following.

What do you mean by commerce?

[0.01] Introduction of Commerce and Business
Chapter: [0.01] Introduction of Commerce and Business
Concept: Introduction of Commerce and Business

Attempt the following.

What is the meaning of export trade?

[0.01] Introduction of Commerce and Business
Chapter: [0.01] Introduction of Commerce and Business
Concept: Introduction of Commerce and Business

Attempt the following.

Define business. Explain its features.

[0.01] Introduction of Commerce and Business
Chapter: [0.01] Introduction of Commerce and Business
Concept: Introduction of Commerce and Business

Select the correct option and rewrite the sentence.
___________ carry goods on their head in baskets or containers.

[0.02] Trade
Chapter: [0.02] Trade
Concept: Introduction of Trade

Select the correct option and rewrite the sentence.
_________ open their shops on market days i.e. on fixed days.

[0.02] Trade
Chapter: [0.02] Trade
Concept: Introduction of Trade

Select the correct option and rewrite the sentence.

The problem of __________ has been becoming more serious in India.

[0.03] Small Scale Industry and Business
Chapter: [0.03] Small Scale Industry and Business
Concept: Introduction of Small Scale Industry and Business

Select the correct option and rewrite the sentence.
_______ is k now n as self-service store.

[0.02] Trade
Chapter: [0.02] Trade
Concept: Introduction of Trade

Select the correct option and rewrite the sentence.

India is __________ abundant country.

[0.03] Small Scale Industry and Business
Chapter: [0.03] Small Scale Industry and Business
Concept: Introduction of Small Scale Industry and Business

Select the correct option and rewrite the sentence.

_______ cost of power acquisition, frequent power cuts, irregular supply of power affect the productivity of SSI.

[0.03] Small Scale Industry and Business
Chapter: [0.03] Small Scale Industry and Business
Concept: Introduction of Small Scale Industry and Business

Select the correct option and rewrite the sentence.

Before setting up a business, it is essential to study the prevailing _________ environment.

[0.03] Small Scale Industry and Business
Chapter: [0.03] Small Scale Industry and Business
Concept: Introduction of Small Scale Industry and Business

Select the correct option and rewrite the sentence.

Small Scale Business are _____ intensive.

[0.03] Small Scale Industry and Business
Chapter: [0.03] Small Scale Industry and Business
Concept: Introduction of Small Scale Industry and Business

Select the correct option and rewrite the sentence.

Occurring obscured idea in mind of entrepreneur is _______ stage of establishing business.

[0.03] Small Scale Industry and Business
Chapter: [0.03] Small Scale Industry and Business
Concept: Introduction of Small Scale Industry and Business
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