CHOITHRAM SCHOOL MANIKBAGH INDORE

CLASS XI Session: 2019-20

SUBJECT-Business studies ASSIGNMENT No. I

Scheduled Date. 12/07/2019 Submission Date. 17/07/2019
Q.no Questions Mark

1. Choose the correct option: 1

A) Planting saplings and plants is related to what type of industry.
a) Manufacturing b) Construction c) Genetic d) Extractive

B) On which date the ‘ Make in India’ project was launched

a) 15th August 2014 b) 2ndOctober 2014 c) 25th September2014 d) 8th November 2016

2. Jayesh is a farmer. His elder brother Brajesh is an advocate while his sister Priya is a clerk 1
in a government office. Name the economic activities in which they are engaged.

3 (i)Raghunath Gorkha had a match stick factory in Nepal which got destructed by the recent 1
earthquake.

(ii) Mr Arya, a senior manager in a telecom company shared confidential information about
the company with a competitor which led to huge losses for the company.

Identify the cause of business risk in both cases

Very Short Answer

4 Tea is mainly produced in Assam, while cotton in Gujarat & Maharashtra but they are 2
required for consumption in different parts of the country. How can this hindrance of place
be removed? Also under which economic activity will it be categorized.

5 Mr Amar and Mr Nitin entered into a partnership business of marketing ready made 2
garments vide a written and duly registered agreement. They suffer heavy losses due to
fluctuating demand and out – fashioned designs.
What is the nature of risk faced by the firm?

6 Identify the different auxiliaries to trade highlighted in the following statements: 2

(a) Jute bags produced in Kolkata are sold across India.
(b) Companies send all original documents related to sale or purchase transaction
through courier or speed post.
(c) The Central Warehousing Corporation provide safe and reliable storage facilities for
about 120 agricultural and industrial commodities.
(d) Manufacture or traders provide information about their product to the customer
through the radio.

7 Name the services which helps in removing the hindrances of a)Exchange b) Place c) Time 2
d) Risk

Short Answer
8 Explain the terms : 3
Hundi b) Maritime trade c) Swarndeep

9 Surbhi joined her father’s business. She received a monthly salary. Her elder brother is an 3
established lawyer and helps his father whenever needed. The mother is a house wife and
supervises housework. She gets pocket money from her father. Name the economic
activities in which Surbhi, her father, her mother and her brother are engaged and
 distinguish on them on the basis of return or reward each on them get.

10 Distinguish between the three economic activities on the basis of nature of work, risk 3
element, and capital investment.
Long answer
11 Guru’s job involved travelling. As he was very fond of reading, he requested his father to 5
buy the some books. His father sold his old laptop on OLX.com and brought him a new’
Kindle’ from Amazon.com while buying the ‘Kindle’, he noticed a message on the screen
of the website that 1% of every purchase would be send by the company to ‘ Alag
Foundation’ an NGO for underprivileged children.
(a) Can the transactions by Guru’s father be termed as business activity ? Give reasons
with the help of relevant characteristics of business.
(b) Explain any two other characteristics other than point (a)
(c) Which objective of business is Amazon fulfilling?
(d) State the industry in which online business organizations deal?

12 Explain with examples various types of primary and secondary industry? 5