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NCERT solutions for Ncert Class 11 Business Studies chapter 1 - Business, Trade and Commerce [Latest edition]

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Chapters

Ncert Class 11 Business Studies - Shaalaa.com

Chapter 1: Business, Trade and Commerce

Short Answer QuestionsLong Answer Questions
Short Answer Questions [Page 26]

NCERT solutions for Ncert Class 11 Business Studies Chapter 1 Business, Trade and Commerce Short Answer Questions [Page 26]

Short Answer Questions | Q 1 | Page 26

List any five major commercial cities of ancient India

Short Answer Questions | Q 2 | Page 26

What is Hundi?

Short Answer Questions | Q 3 | Page 26

List the major exports and imports in ancient India.

Short Answer Questions | Q 4 | Page 26

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

Short Answer Questions | Q 5 | Page 26

What do you understand by maritime trade?

Short Answer Questions | Q 6 | Page 26

State the different types of economic activities.

Short Answer Questions | Q 7 | Page 26

Why is business considered an economic activity?

Short Answer Questions | Q 8 | Page 26

State the meaning of business.

Short Answer Questions | Q 9 | Page 26

How would you classify business activities?

Short Answer Questions | Q 10 | Page 26

What are the various types of industries?

Short Answer Questions | Q 11 | Page 26

Explain any two business activities which are auxiliaries to trade.

Short Answer Questions | Q 12 | Page 26

What is the role of profit in business?

Short Answer Questions | Q 13.1 | Page 26

What is business risk?

Short Answer Questions | Q 13.2 | Page 26

What is the nature of business risk?

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Long Answer Questions [Page 26]

NCERT solutions for Ncert Class 11 Business Studies Chapter 1 Business, Trade and Commerce Long Answer Questions [Page 26]

Long Answer Questions | Q 1 | Page 26

Discuss the development of indigenous banking system in Indian subcontinent.

Long Answer Questions | Q 2.1 | Page 26

Define business.

Long Answer Questions | Q 2.2 | Page 26

Describe the important characteristics of business.

Long Answer Questions | Q 3 | Page 26

Compare business with profession and employment.

Long Answer Questions | Q 4.1 | Page 26

Define industry.

Long Answer Questions | Q 4.2 | Page 26

Explain various types of industries giving examples.

Long Answer Questions | Q 5 | Page 26

Describe the activities relating to commerce.

Long Answer Questions | Q 6 | Page 26

Explain any five objectives of business.

Long Answer Questions | Q 7.1 | Page 26

Explain the concept of business risk.

Long Answer Questions | Q 7.2 | Page 26

Explain the causes of business risk.

Long Answer Questions | Q 8 | Page 26

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

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Chapter 1: Business, Trade and Commerce

Short Answer QuestionsLong Answer Questions
Ncert Class 11 Business Studies - Shaalaa.com

NCERT solutions for Ncert Class 11 Business Studies chapter 1 - Business, Trade and Commerce

NCERT solutions for Ncert Class 11 Business Studies chapter 1 (Business, Trade and Commerce) include all questions with solution and detail explanation. This will clear students doubts about any question and improve application skills while preparing for board exams. The detailed, step-by-step solutions will help you understand the concepts better and clear your confusions, if any. Shaalaa.com has the CBSE Ncert Class 11 Business Studies solutions in a manner that help students grasp basic concepts better and faster.

Further, we at Shaalaa.com provide such solutions so that students can prepare for written exams. NCERT textbook solutions can be a core help for self-study and acts as a perfect self-help guidance for students.

Concepts covered in Ncert Class 11 Business Studies chapter 1 Business, Trade and Commerce are Concept of Business, Business, Profession and Employment, Objectives of Business - Economic and Social, Role of Profit in Business, Human and National, Classification of Business Activities - Industry and Commerce, Types of Industries - Primary, Types of Industries - Secondary, Types of Industries - Tertiary, Types of Trade, Auxiliaries to Trade, Concept of Business Risk, Meaning of Industry, Commerce - Trade, Nature and Causes of Business Risk.

Using NCERT Class 11 solutions Business, Trade and Commerce exercise by students are an easy way to prepare for the exams, as they involve solutions arranged chapter-wise also page wise. The questions involved in NCERT Solutions are important questions that can be asked in the final exam. Maximum students of CBSE Class 11 prefer NCERT Textbook Solutions to score more in exam.

Get the free view of chapter 1 Business, Trade and Commerce Class 11 extra questions for Ncert Class 11 Business Studies and can use Shaalaa.com to keep it handy for your exam preparation

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