Thus, banking helps business activities to overcome the problem of finance.ģ. Necessary funds can be obtained by businessmen from a bank. Banking and finance: Business activities cannot be undertaken unless funds are available for acquiring assets and meeting the day-to-day expenses. Transport facilitates through road, rail or coastal shipping facilitate movement of raw material to the place of production and the finished products from factories to the place of consumption.Ģ. Transport and communication: Transport removes the hindrances of place. ( 7 × 4 = 28 )Įxplain Ihc any four auxiliaries to trade.ġ. Answer any seven of the following questions in 10-12 sentences. It is to be filled in by the importer at the time of receiving the goods. What is meant by foreign direct investment?ĭirect investment takes place when, a company directly invests in properties such as plant and machinery in foreign countries with a view for undertaking production and marketing of goods and services in those countries.īill of entry is a form supplied by the customs office to the importer. State any two types of Itinerant retailers.
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Insurance is a contract between 2 parties where one party agrees to pay the compensation to another party against the loss which may arise due to uncertainly.ĭistinguish between e-business and e-commerce.
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Each question carries 2 marks: ( 10 × 2 = 20 )Ĭommerce is a branch of business it is concerned with the distribution of goods and services. Answer any ten of the follow ing questions in two or three sentences each. Import trade refers to the purchase of goods from other countries for domestic use.Ī receipt issued by the commanding officer of the ship when the eargo is loaded on the ship is known is June 16, 2006, the MSMED Act was enacted.Ĭarry ‘Needle to an Aeroplane’ this statement applies to which ty pe of Fixed shop large retailers. In which year the MS MED Act was enacted? (b) A public company seeking investment from publicįor which purpose fixed capital is needed in business?įixed capital is needed for acquisition of fixed assets to the firm. Which of the following is not a type of banks?Ĭhemicals and pesticides in cultivation are causes of land pollution.
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As we all know managing inflation has been a very important aspect of the economy in India. Which of the following represents F is daughter of W? How is T related to D in the expression: H + T ÷ R – D? Which of the following represents ‘M is nephew of N’? Read the given information carefully and answer the questions given below If ‘x’ means ‘added to’ ‘÷’ means ‘multiplied by’ ‘+’ means ‘subtracted from’ and ‘-’ means‘ divided by then 24 + 36 – 12 x 8 ÷ 4=?