CBSE Class-IX
Summative Assessment-I: 2011
Subject – Elements of Business
 

Time: 3 Hrs
Instructions:
All questions are compulsory.

1. All Business activities which are connected with the raising, producing and processing of good and services are known as
a. Trade
b. Commerce
c. Industry
d. Auxiliaries to trade

2. All those Activities which are facilitates transfer of goods and Services from one place to another place or from one persons to another person is known as
a. Trade
b. Industry
c. Commerce
d. Non of the above

3. Buying and Selling of goods services on regular basis is known as
a. Trade
b. Industry
c. Commerce
d. Auxiliaries to trade

Courtesy: cbse.nic.in