Chapter 1: Business, Trade and Commerce
Part I: Foundations of Business — Chapter 1: Business, Trade & Commerce
CBSE Class 11 — Subject: Business Studies — CBSE Board Examinations
Content Bank — Chapter 1 (Business, Trade & Commerce)
- Concept of business, objectives & characteristics
- Difference between business, trade and commerce
- Industry classification (primary, secondary, tertiary)
- Types of trade: internal & external trade
- Ancillary services, e-commerce, wholesalers & retailers
- Role of business in economic development and social responsibilities
Highlight: These MCQs are designed strictly as per the NCERT syllabus, ideal for CBSE Class 11 board exam standard.
