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Business Studies Question Paper Year – 1998.

Business Studies Question Paper Year 1997.

Business Studies is a very interesting subject. If you are preparing for examination on business studies, then it is advisable to practice some of the previous year question papers for securing better marks.

The insurance covers a variety of subjects but commonly used insurance policies relate to the following subjects:

Transport means movement of gods and persons from one place to another. It carries ideas and inventions to the people and has considerbly contributed to the evolutions of civilization.

Import trade refers to the purchase of goods from a foreign country. The procedure for import trade differs from country to country depending upon the import policy, the statutory requirements and customs of different countries.

Imports and Exports (control) Act, 1947 regulates exports of goods from India. The Central Government announces rules, policies, procedures and incentives for exports from time to time.

Trade between two or more nations is called foreign trade or international trade. This involves the exchange of goods and services between the citizens of two nations.

The retail trade is conducted now on a large scale. The mass production of goods and the concentration of population in urban centres has necessitated the establishment of large-scale retail trading houses.

The co-operative movement has been necessitated to protect the interests of weaker sections of society.

A business undertaking is an institutional arrangement to conduct any type of business activity. The undertaking maybe run by one person or association of persons.

Evolution of Commerce is an unending process. With the technological changes taking place, commerce is growing every day.

Commerce is considered to be a part of business. It is that activity of business which is concerned with the exchange of goods and services.

The movement of goods from one place to another is called transport. Transport removes the hindrances of persons, place and time in exchange of goods and commodities.

Business Studies Courses And Coursework

Banks are regarded as the nerve centre of the trade, industry and commerce of a country. They provide finance to all the sectors and as such are regarded as the backbone of the business units.