Assignment- To be completed till 22/03/2014

Q1: What is meant by a debit card? Explain.

Q2: Explain any four types of warehouse which cater to the storage needs of various types of
commodity?
Q3: Explain the functions of a commercial bank.
Q4: How is membership acquired in a Joint Hindu Family?
Q5: State any two characteristics of business.
Q6: Give the meaning of Joint Hindu Family Business. State any four advantages and any four
disadvantages of this form of business organization.
Q7: Define the term Profession
Q8: One of your friends, running a big business, could not identify the type ofbusiness objectives and
wants your help in identifying the type of businessobjectives in the following cases :
(a) Growth and expansion of business operations
(b) Promotion of social justice
(c) Ensuring fair return to the investors
(d) Providing fair remuneration and incentives to the employees
Q9: Explain, in brief, any six functions of an entrepreneur
Q10: Define the term Management