Multiple choice questions : Solutions of Questions on Page Number : 308 Q1 :Which of the following document are not required for obtaining an export license? (a) IEC number (b) Letter of credit (c) Registration cum membership certificate (d) Bank account number Answer : To obtain an export licence, an exporter requires an IEC (Importer … Read more
Multiple choice questions : Solutions of Questions on Page Number : 275 NCERT Solution Class 11 Business Studies Chapter – 11 International Business-I Q1 :In which of the following modes of entry, does the domestic manufacturer give the right to use intellectual property such as patent and trademark to a manufacturer in a foreign country … Read more
Short answers long answers : Solutions of Questions on Page Number : 249 NCERT Solution Class 11 Business Studies Chapter – 10 Internal Trade Q1 :What is meant by internal trade? Answer : Internal trade refers to the process of exchanging goods and services within the national boundaries of a country. In other words, the … Read more
Short answers : Solutions of Questions on Page Number : 223 Q1 :What are the different parameters used to measure the size of the business? Answer : The following are the various parameters that are used to measure the size of a business. (a) Number of people hired in the business (b) Amount of capital … Read more
Multiple choice questions : Solutions of Questions on Page Number : 205 Q1 :Equity shareholder are called (a) Owners of the company (b) Partners of the company (c) Executives of the company (d) Guardian of the company Answer : The equity shareholders of a company are called its owners. They are also known as residuals … Read more
Multiple choice questions : Solutions of Questions on Page Number : 178 Q1 :Minimum number of members to form a private company is (a) 2 (b) 3 (c) 5 (d) 7 Answer : As per the law, a minimum of two members are required to form a private company. Hence, the correct answer is option … Read more
Multiple choice questions : Solutions of Questions on Page Number : 156 Q1 :Social responsibility is (a) Same as legal responsibility (b) Broader than legal responsibility (c) Narrower than legal responsibility (d) None of them Answer : Social responsibility is broader than legal responsibility. Social responsibility implies the obligation on a business firm to undertake … Read more
Multiple choice questions : Solutions of Questions on Page Number : 137 Q1 :e-commerce does not include (a) A business’s interaction with its suppliers. (b) A business’s interactions with its customers. (c) Interactions among the various departments within the business (d) Interactions among the geographically dispersed units of the business. Answer : e-commerce does not … Read more
Multiple choice questions : Solutions of Questions on Page Number : 108 Q1 :DTH services are provided by ____________________. (a) Transport companies (b) Banks (c) Cellular companies (d) None of the above Answer : Direct-to-home (DTH) services are provided by cellular companies to transmit media-related services to their customers. They use satellites for transmitting information … Read more
Multiple choice questions : Solutions of Questions on Page Number : 75 Q1 : A government company is any company in which the paid-up capital held by the government is not less than (a) 49 percent (b) 51 percent (c) 50 percent (d) 25 percent Answer : In a government company, the paid-up capital held … Read more