Maharaja Agrasen Vidyalaya

Monthly Test (August)

Class:XI C Date:23/08/21
Sub:Business Studies Marks:20
Q-1 Answer the following multiple choice questions. 4
1. Patliputra was popularly known as commercial centre for……….
a. Export of stones b. Import of Horses
c. Centre of learning d. Centre of Textiles.
2. An industry which is concerned with the extraction of natural resources from the
earth .
a. Synthetically industry
b. Assembling Industry
c. Genetic Industry
d. Primary Industry
3. The maximum number of shareholders in any Private company is__________
a. 50 b. 100 c. 200 d. 150
4. What is the size of minimum subscription as per SEBI?
a. 90% b. 92% c. 85% d. 80%

Q-2 State True or False. 4

1. Initially, Europeans come to punder but soon they realised the rewards of trade
in exchange of gold and silver.
2. Secondary industries process such material to produce goods for final
consumption by other industrial units
3. Sole proprietors have limited liability.
4. A nominal partner is one who allows the use his/her name by a firm, but does not
contribute capital.

Q-3 Match the following. 4

1. Match the statement as per the historical events:
1.The group of trading a.Collectively represented by their chief
communities, in western India called Nagarseth.
2. In urban centers, such as b. Punjabi and Multani merchant handled
Ahmedabad the Mahajan business in the Northern Region.
community
3. Other urban groups c. Were called Mahajan.
included professional classes
4. The Bhats managed the d. Such as Hakim & Vaid (physician),
trade in thestates of Gujrat and Wakil,Pundit or Mulla,Painters,Musicians,
Rajasthan,while Calligraphers,etc.

2. 1.Kaveripatt a. It was an emporium of trade and people here subsisted on

a commerce.

2.Surat b. Chinese used to come in foreign ships to purchase pearls,

glass and rare stones and in return they sold gold and silk.
3.Mathura c. It was the centre of trade for perfumes, cosmetics,
scents,silk,wool,cotton,etc….
4.Kanchi d. It was the emporium of western trade during the mughal
 period. Textile was famous for gold borders (Zari).

Match the places for which they are known:

3. Match the following forms of business organisation with the minimum number
of members required.
1. Public company a. 2
2. Sole Proprietorship b. 10
3. Cooperative society c. 7
4. Partnership d. 1

4. Match the following Act:

1. Indian Partnership Act a. 1956
2. Hindu Succession Act b. 2013
3. Indian Companies Act c. 1912
4. Co-operative societies Act d. 1932

Q-4 Complete the following items with appropriate words. 4

1. Commercial Cities like Harappa and Mohenjodaro were founded in the year
____________ millennium B.C. (second/third)
2. Obligation of business firm to contribute resource for solving social problem and
work in a desirable manner is called _____________responsibility.
(social/economic)
3. MOA is also known as _____________ of the co. ( charter/internal document)
4. To start a public co., minimum paid up capital is Rs.______________ (5 lakh/1
lakh)

Q-5 Indentify the picture. 4

1.

What can Pvt. Ltd. Co. do after receiving this certificate?

a. start up b. initiate the idea
c. promotion d. needs certificate of commencement
2.

Identify the type of business organisation?

a. Public company b. private company
c. government company d. HUF
3.

Which kind of business activity is this?

a. Service b. employment
c.profession d. business
4.

What objective of business lies here?

a. social service b. business estblishment
c. maintaining prestige d. Earning profits