Model Paper 2 — Business Studies STD 11 Commerce — Question

In which type of insurance, interest must exist only at the time of insurance?

In order to eliminate bad debts in full, under which arrangement, goods may be sent to customers through bank and are delivered only on making full payment?

In second five year plan, Indian government allowed imports of capital goods for:

Which of the following comes under Modern Small Industries?

Minimum number of members to form a private company is:

The document containing the guarantee of a bank of honour drafts drawn on it by an exporter is:

When a property is insured by more than one insurance (i.e. in case of multiple insurance), the insurers are to share losses in what proportion?

Sole proprietor is responsible for all the activities of the business because sole proprietorship firm has legal identity which is _______ from that of his owner.

Life of business is longer in case of HUF business as compared to sole proprietorship. After the death of karta who takes his position?

Exemption from paying taxes for 5 to 10 years is known as ________.