Maharashtra State Board Class 11 Business Studies Chapter 1 MCQ 2 — Business, Trade and Commerce

Multiple choice question (MCQ) for Maharashtra State Board Class 11 Business Studies Chapter 1 (Business, Trade and Commerce). Practice with answer and detailed explanation.

❓ Question

State and explain the important laws/theorems related to Business, Trade and Commerce.

A) Business, Trade and Commerce is directly proportional to the applied force
B) Business, Trade and Commerce remains constant under all conditions
C) Business, Trade and Commerce varies according to the fundamental principle ✓ Correct Answer
D) None of the above statements about Business, Trade and Commerce are correct

📖 Explanation

The correct answer is C because Business, Trade and Commerce follows the fundamental principle that governs its behavior under given conditions. Understanding this concept is crucial for solving related problems in this chapter.

📚 About This Chapter

This chapter covers Business, Trade and Commerce in Class 11 Business Studies. Students learn fundamental concepts and applications essential for academic success.

This MCQ tests your understanding of Business, Trade and Commerce. Practice more MCQs to strengthen your grasp of key concepts and prepare effectively for Maharashtra State Board board exams.

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