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Class 11 Business Studies: International Business — Chapter Test 1

Class 11 • Business Studies • International Business • Chapter Test

MediumFREE

15

Questions

20 min

Duration

15

Marks (1 each)

No

Negative marking

Original practice questions with full solutions by ExamPortal.

Instructions

  • • Read each question carefully and pick the correct answer.
  • • You can mark questions for review and come back to them.
  • • Answers are saved automatically.
  • • The test is submitted automatically when time runs out.

Access

This test is completely free.

Finish it to earn +5 points.

SYLLABUS & QUESTION BLUEPRINT

Sample Practice Questions

Preview 5 sample questions from this 15-question test. Test your knowledge below or take the full exam in timed CBT mode.

Question 1 of 15
International business refers to:
A
trade within a country
B
business activities across national borders
C
local trade
D
retail only
View Correct Answer & Step-by-Step Solution
Correct Option:(B)business activities across national borders

Detailed explanation is available inside the official test attempt review.

Question 2 of 15
Exporting means:
A
buying from abroad
B
selling goods and services to other countries
C
producing locally
D
importing
View Correct Answer & Step-by-Step Solution
Correct Option:(B)selling goods and services to other countries

Detailed explanation is available inside the official test attempt review.

Question 3 of 15
Entrepôt trade means:
A
exporting domestic goods
B
importing goods for re-export
C
internal trade
D
barter
View Correct Answer & Step-by-Step Solution
Correct Option:(B)importing goods for re-export

Detailed explanation is available inside the official test attempt review.

Question 4 of 15
Licensing means:
A
a firm allows another to use its patents/brands for a fee (royalty)
B
exporting goods
C
importing goods
D
a joint venture
View Correct Answer & Step-by-Step Solution
Correct Option:(A)a firm allows another to use its patents/brands for a fee (royalty)

Detailed explanation is available inside the official test attempt review.

Question 5 of 15
Franchising is commonly used in:
A
heavy industries
B
service businesses like fast food
C
agriculture
D
mining
View Correct Answer & Step-by-Step Solution
Correct Option:(B)service businesses like fast food

Detailed explanation is available inside the official test attempt review.

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Frequently asked questions

How many questions are there in Class 11 Business Studies: International Business — Chapter Test 1?

There are 15 questions to answer in 20 min. Each correct answer gives 1 mark, for a total of 15 marks.

Is there negative marking?

No. Wrong answers do not lose marks, so attempt every question.

Is this mock test free?

Yes, it is completely free. Just log in with your email to start.

What does this test cover?

It covers the chapter "International Business" of Class 11 Business Studies. All questions are original, with a full solution for each.

Will I see my result and the solutions?

Yes. Right after you submit you get your score, accuracy, rank and percentile, and you can review every question with the correct answer and a step-by-step explanation.

Can I take this test again?

Yes, you can retake it as many times as you like and compare your scores.