MCQ Questions for Class 11 Sociology Chapter 3 Understanding Social Institutions with Answers

Check the below NCERT MCQ Questions for Class 11 Sociology Chapter 3 Understanding Social Institutions with Answers Pdf free download. MCQ Questions for Class 11 Sociology with Answers were prepared based on the latest exam pattern. We have provided Understanding Social Institutions Class 11 Sociology MCQs Questions with Answers to help students understand the concept very well. https://mcqquestions.guru/mcq-questions-for-class-11-sociology-chapter-3-part-a/

Understanding Social Institutions Class 11 MCQs Questions with Answers

Understanding Social Institutions Class 11 MCQ Question 1.
The economic system in which highly complex division of labour is present is the feature of
(a) modern societies
(b) simple societies
(c) globalization
(d) rural economy

Answer

Answer: (a) modern societies


Sociology Class 11 Chapter 3 MCQ Questions Question 2.
‘The undisputed political rule of a state over a given territorial region’ is known as
(a) sovereignty
(b) democracy
(c) monarchy
(d) bureaucracy

Answer

Answer: (a) sovereignty


Ch 3 Sociology Class 11 MCQ Question 3.
Functionalism believes that social institutions arise in response to the
(a) conflict among people
(b) discrimination
(c) needs of society
(d) inequality in society

Answer

Answer: (c) needs of society


MCQ Questions For Class 11 Sociology Chapter 3 Question 4.
The family in which person is married is known as
(a) family of procreation
(b) family of orientation
(c) nuclear family
(d) joint family

Answer

Answer: (a) family of procreation


Class 11 Sociology Chapter 3 MCQs Question 5.
In simple or pre-modern societies most of the people were engaged in
(a) industrial production
(b) agricultural production
(c) business
(d) minor work

Answer

Answer: (b) agricultural production


Understanding Social Institutions MCQ Chapter 3 Question 6.
Identify the structure of the family where men exercise authority and dominance
(a) Patriarchy
(b) Matriarchy
(c) Polygamy
(d) Patrilineal

Answer

Answer: (a) Patriarchy


Class 11 Sociology Chapter 3 MCQ Question 7.
Religion is considered as
(a) profane
(b) a belief
(c) sacred
(d) custom

Answer

Answer: (c) sacred


Chapter 3 Sociology Class 11 MCQ Question 8.
The reason for the sudden decline in sex ratio can be attributed to
(a) Female foeticide
(b) Life expectancy rate
(c) Son preference
(d) Maternal mortality rate

Answer

Answer: (a) Female foeticide


Sociology Chapter 3 Class 11 MCQ Question 9.
The form of power considered legitimate is
(a) Authority
(b) Political Party
(c) Welfare State
(d) Sovereignty

Answer

Answer: (a) Authority


Class 11 Sociology Ch 3 MCQ Question 10.
The concept of ‘sacred’ is related with
(a) everyday life
(b) profane
(c) supernatural
(d) power

Answer

Answer: (c) supernatural


MCQ Of Chapter 3 Sociology Class 11 Question 11.
Institution of Politics is concerned with the
(a) domination
(b) parliament
(c) distribution of power
(d) elections

Answer

Answer: (c) distribution of power


MCQ Of Understanding Social Institutions Class 11 Question 12.
The focal point of industrial developments was
(a) cities
(b) rural areas
(c) factories
(d) market

Answer

Answer: (c) factories


Question 13.
The socially acknowledged and approved sexual union between two individuals is known as:
(a) Family
(b) Marriage
(c) Kinship
(d) Procreation

Answer

Answer: (b) Marriage


We hope the given NCERT MCQ Questions for Class 11 Sociology Chapter 3 Understanding Social Institutions with Answers Pdf free download will help you. If you have any queries regarding CBSE Class 11 Sociology Understanding Social Institutions MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

MCQ Questions for Class 11 Sociology Chapter 2 Terms, Concepts and their Use in Sociology with Answers

Check the below NCERT MCQ Questions for Class 11 Sociology Chapter 2 Terms, Concepts and their Use in Sociology with Answers Pdf free download. MCQ Questions for Class 11 Sociology with Answers were prepared based on the latest exam pattern. We have provided Terms, Concepts and their Use in Sociology Class 11 Sociology MCQs Questions with Answers to help students understand the concept very well. https://mcqquestions.guru/mcq-questions-for-class-11-sociology-chapter-2-part-a/

Terms, Concepts and their Use in Sociology Class 11 MCQs Questions with Answers

Sociology Class 11 Chapter 2 MCQ Questions Question 1.
Human life is based on the
(a) Material benefits
(b) Spiritual thoughts
(c) Conflict among members
(d) Interaction and communication among members

Answer

Answer: (d) Interaction and communication among members


Terms Concepts And Their Use In Sociology MCQ Class 11 Question 2.
_____ a mode of reward or punishment that reinforce socially expected forms of behaviour.
(a) Identity
(b) Conflict
(c) Sanctions
(d) Khasi

Answer

Answer: (c) Sanctions


Terms Concepts And Their Use In Sociology Class 11 MCQ Question 3.
The system in which society was divided into Brahmins, Kshatriyas, Vaishyas, and Shudras was known as
(a) Varna System
(b) Class System
(c) Status
(d) Caste System

Answer

Answer: (a) Varna System


MCQ Questions For Class 11 Sociology Chapter 2 Question 4.
Which one of the following refers to the place or time of one’s birth?
(a) Identity
(b) Natal
(c) Values
(d) Aggregates

Answer

Answer: (b) Natal


Class 11 Sociology Chapter 2 MCQs Question 5.
A Peer group is a kind of
(a) Primary group
(b) Secondary group
(c) Association
(d) Peer, group

Answer

Answer: (a) Primary group


Class 11 Sociology Chapter 2 MCQ Question 6.
The behaviours, obligations, and privileges attached to social status is known as
(a) Status set
(b) Role set
(c) Social role
(d) Status symbol

Answer

Answer: (c) Social role


Ch 2 Sociology Class 11 MCQ Question 7.
Panchamas in the caste system were considered as
(a) Untouchables
(b) Vaishyas
(c) Shudras
(d) Kshatriyas

Answer

Answer: (a) Untouchables


Sociology Chapter 2 Class 11 MCQ Question 8.
The perspective which stresses that deviance promotes social unity and social change is
(a) Conflict
(b) Functionalist
(c) Interactionism
(d) Post-modernist

Answer

Answer: (b) Functionalist


Chapter 2 Sociology Class 11 MCQ Question 9.
Social classes, status groups, age and gender groups, and crowds are the examples of
(a) Reference groups
(b) Peer, groups,
(c) In groups
(d) Quasigroups

Answer

Answer: (d) Quasigroups


Sociology Chapter 2 Multiple Choice Questions Question 10.
The basis of a caste system is
(a) Ascribed status
(b) Achieved status
(c) Power
(d) Wealth

Answer

Answer: (a) Ascribed status


Class 11 Sociology Ch 2 MCQ Question 11.
Migrants are often considered as
(a) Out-Group
(b) In-Group
(c) Peer Group
(d) Reference Group

Answer

Answer: (a) Out-Group


Sociology Ch 2 Class 11 MCQ Question 12.
Social position in a society is known as
(a) Class
(b) Caste
(c) Role
(d) Status

Answer

Answer: (d) Status


We hope the given NCERT MCQ Questions for Class 11 Sociology Chapter 2 Terms, Concepts and their Use in Sociology with Answers Pdf free download will help you. If you have any queries regarding CBSE Class 11 Sociology Terms, Concepts and their Use in Sociology MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

MCQ Questions for Class 11 Sociology Chapter 1 Sociology and Society with Answers

Check the below NCERT MCQ Questions for Class 11 Sociology Chapter 1 Sociology and Society with Answers Pdf free download. MCQ Questions for Class 11 Sociology with Answers were prepared based on the latest exam pattern. We have provided Sociology and Society Class 11 Sociology MCQs Questions with Answers to help students understand the concept very well. https://mcqquestions.guru/mcq-questions-for-class-11-sociology-chapter-1-part-a/

Sociology and Society Class 11 MCQs Questions with Answers

Sociology And Society Class 11 MCQ Chapter 1 Question 1.
Sociology focuses on
(a) interactions between individuals
(b) animal behaviour
(c) environment
(d) peace and conflict

Answer

Answer: (a) interactions between individuals


Sociology Class 11 Chapter 1 MCQ Questions Question 2.
Society is looked upon as
(a) caste and class
(b) social stratification
(c) simple society
(d) system of parts

Answer

Answer: (d) system of parts


Class 11 Sociology Chapter 1 MCQs Question 3.
Social control brings _____ to society.
(a) social order
(b) deviance
(c) disobedience
(d) violence

Answer

Answer: (a) social order


Sociology And Society MCQ Class 11 Chapter 1 Question 4.
Slums in urban areas denote
(a) division of labour
(b) overpopulation and migration
(c) education and development
(d) illiteracy

Answer

Answer: (b) overpopulation and migration


Class 11 Sociology Chapter 1 MCQ Question 5.
A system of economic enterprise based on the economic exchange is known as
(a) capitalism
(b) industrialization
(c) modernization
(d) westernization

Answer

Answer: (a) capitalism


Sociology Class 11 Chapter 1 MCQs Question 6.
One of the features of modern societies is
(a) specialisation of work
(b) face to face interaction of members
(c) urbanisation and factory production
(d) agricultural production

Answer

Answer: (c) urbanisation and factory production


Sociology Chapter 1 Class 11 MCQ Question 7.
History is the study of
(a) contemporary society
(b) abstract and generalized reality
(c) our past
(d) gender relations

Answer

Answer: (c) our past


Ch 1 Sociology Class 11 MCQ Question 8.
Who wrote the book “Sociological Imagination”?
(a) C.W. Mills
(b) August Comte
(c) Max Weber
(d) Karl Marx

Answer

Answer: (a) C.W. Mills


Chapter 1 Sociology Class 11 MCQ Question 9.
Industrial Revolution was characterised by ________
(a) migration to cities
(b) the emergence of clock time
(c) bad sanitation and general squalor
(d) All the above

Answer

Answer: (d) All the above


Class 11 Sociology Ch 1 MCQ Question 10.
Sociology is the study of
(a) human social behavior
(b) plants and animals
(c) man and environment
(d) earth

Answer

Answer: (a) human social behavior


MCQ Questions For Class 11 Sociology Chapter 1 Question 11.
Macro-sociology is the study of:
(a) small groups
(b) large groups
(c) minorities
(d) tribal groups

Answer

Answer: (b) large groups


MCQ Of Sociology And Society Class 11 Question 12.
Questions on common sense knowledge lead to the
(a) sociological knowledge
(b) social differentiation
(c) common sense knowledge
(d) sociological imagination

Answer

Answer: (a) sociological knowledge


Sociology Class 11 Chapter 1 MCQ Question 13.
Social problems can be understood in the realm of
(a) Chemistry
(b) Physics
(c) Sociology
(d) Psychology

Answer

Answer: (c) Sociology


We hope the given NCERT MCQ Questions for Class 11 Sociology Chapter 1 Sociology and Society with Answers Pdf free download will help you. If you have any queries regarding CBSE Class 11 Sociology Sociology and Society MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

MCQ Questions for Class 11 Business Studies Chapter 12 International Business 2 with Answers

Check the below NCERT MCQ Questions for Class 11 Business Studies Chapter 12 International Business 2 with Answers Pdf free download. MCQ Questions for Class 11 Business Studies with Answers were prepared based on the latest exam pattern. We have provided International Business 2 Class 11 Business Studies MCQs Questions with Answers to help students understand the concept very well. https://mcqquestions.guru/mcq-questions-for-class-11-business-studies-chapter-12/

International Business 2 Class 11 MCQs Questions with Answers

International Business MCQ Chapter 12 Class 11 Question 1.
TRIP is one of the WTO agreements that deal with
(a) Trade in agriculture
(b) Trade in services
(c) Trade related investment measures
(d) None of these

Answer

Answer: (d) None of these


MCQ On International Business Chapter 12 Question 2.
The document containing the guarantee of a bank to honour drafts drawn on it by an exporter is
(a) Letter of hypothetication
(b) Letter of credit
(c) Bill of lading
(d) Bill of exchange

Answer

Answer: (b) Letter of credit


International Business MCQs Chapter 12 Class 11 Question 3.
A receipt issued by the commanding officer of the ship when the cargo is loaded on the ship is known as
(a) Shipping receipt
(b) Mate receipt
(c) Cargo receipt
(d) Charter receipt

Answer

Answer: (b) Mate receipt


MCQ Of International Business Class 11 Chapter 12 Question 4.
Which one of the following is not a document related to fulfill the customs formalities
(a) Shipping bill
(b) Export license
(c) Letter of insurance
(d) Proforma invoice

Answer

Answer: (d) Proforma invoice


MCQs On International Business Chapter 12 Question 5.
Which of the following documents is not required in connection with an import transaction?
(a) Bill of lading
(b) Shipping bill
(c) Certificate of origin
(d) Shipment advice

Answer

Answer: (c) Certificate of origin


International Business MCQ With Answers Class 11 Question 6.
SMEs stands for:
(a) Small and Medium Entrepreneurs
(b) Small Management of Enterprises
(c) Small and Medium-sized Enterprises.
(d) Societies for Managing Exports

Answer

Answer: (c) Small and Medium-sized Enterprises.


International Business MCQ With Answers Pdf Question 7.
MNC Stands for
(a) Multi-National Cooperation
(b) Multi-National Corporation
(c) Multi-National Company
(d) Multi-National Collaboration

Answer

Answer: (b) Multi-National Corporation


MCQs Of International Business Chapter 12 Class 11 Question 8.
IPR stands for
(a) Intellectual property rights
(b) International property rights
(c) Internal promotion rights
(d) Interior promotional rights

Answer

Answer: (a) Intellectual property rights


MCQ Questions On International Business Chapter 12 Question 9.
WTO stands for
(a) World technology association
(b) World time organization
(c) World trade organization
(d) World tourism organization

Answer

Answer: (c) World trade organization


International Business MCQ Questions And Answers Chapter 12 Question 10.
…..is only a legal agreement and it is not an institution, but ….. is a permanent institution.
(a) GATT, WTO
(b) WTO, GATT
(c)WTO, IMF
(d) IMF, GATT

Answer

Answer: (a) GATT, WTO


International Business MCQ With Answers Pdf Class 11 Question 11.
…………………corporation produces in the home country or in a single country and focuses on marketing these products globally or vice a versa.
(a) Global
(b) International
(c) Transnational
(d) None of the above

Answer

Answer: (a) Global


MCQ International Business Chapter 12 Class 11 Question 12.
Key controllable factors in global marketing are:
(a) Government policy and legislation
(b) social and technical changes
(c) marketing activities and plans
(d) all of the above.

Answer

Answer: (c) marketing activities and plans


Question 13.
Comparative Cost Trade Theory is given by
(a) Adam Smith
(b) David Ricardo
(c) Gottfried Haberler
(d) Heckscher Ohlin

Answer

Answer: (b) David Ricardo


Question 14.
Globalization refers to:
(a) Lower incomes worldwide
(b) Less foreign trade and investment
(c) Global warming and their effects
(d) A more integrated and interdependent world

Answer

Answer: (d) A more integrated and interdependent world


Question 15.
Capitalistic, communistic and Mixed are the types of
(a) Economic System
(b) Social System
(c) Cultural Attitudes
(d) Political System

Answer

Answer: (a) Economic System


Question 16.
The theory of comparative cost advantage is given by
(a) David Ricardo
(b) Adam Smith
(c) F W Taussig
(d) Ohlin and Hecksher

Answer

Answer: (a) David Ricardo


Question 17.
The Theory of Absolute Cost Advantage is given by
(a) David Ricardo
(b) Adam Smith
(c) F W Taylor
(d) Ohlin and Heckscher

Answer

Answer: (b) Adam Smith


Question 18.
Subsidiaries consider the regional environment for policy / Strategy formulation is known as
(a) Polycentric Approach
(b) Regiocentric Approach
(c) Ethnocentric Approach
(d) Geocentric Approach

Answer

Answer: (b) Regiocentric Approach


Question 19.
Ultimately ………………was replaced by the …………….on 1st Jan 1995
(a) GATS, WTO
(b) WTO, GATT
(c) GATT, WTO
(d) IMF, GATT

Answer

Answer: (c) GATT, WTO


Question 20.
The first phase of globalization started around 1870 and ended with …..
(a) World War I
(b) World War II
(c) The Establishment of GATT
(d) In 1913 when GDP was High

Answer

Answer: (a) World War I


Question 21.
Which of the following does not belong to the World Bank group?
(a) IBRD
(b) IDA
(c) MIGA
(d) IMF

Answer

Answer: (d) IMF


Question 22.
Which of the following document is prepared by the exporter and includes details of the cargo in terms of the shipper’s name, the number of packages, the shipping bill, port of destination, name of the vehicle carrying the cargo?
(a) Shipping bill
(b) Packaging list
(c) Mate’s receipt
(d) Bill of exchange

Answer

Answer: (d) Bill of exchange


Question 23.
Which one of the following is not a part of export documents?
(a) Commercial invoice
(b) Certificate of origin
(c) Bill of entry
(d) Mate’s receipt

Answer

Answer: (c) Bill of entry


Question 24.
Which of the following do not form part of duty drawback scheme?
(a) Refund of excise duties
(b) Refund of customs duties
(c) Refund of export duties
(d) Refund of income dock charges at the port of shipment

Answer

Answer: (d) Refund of income dock charges at the port of shipment


Question 25.
Which of the following documents are not required for obtaining an export license?
(a) IEC number
(b) Letter of credit
(c) Registration cum membership certificate
(d) Bank account number

Answer

Answer: (b) Letter of credit


One Marks Questions

1. Expand IEC.

Answer

Answer: Import Export Code.


2. Expand WTO

Answer

Answer: World Trade Organisation


3. Mention any one document of export trade.

Answer

Answer: Shipping Bill


4. Expand FTZ.

Answer

Answer: Free Trade Zones


5. Expand SEZ.

Answer

Answer: Special Economic Zones


6. Expand IIFT.

Answer

Answer: Indian Institute of Foreign Trade


7. Expand IMF.

Answer

Answer: International Monetary Fund


8. What is D.P bill?

Answer

Answer: DP inpayment term of imports and exports means Documents against Payments.


9. What is D.A bid?

Answer

Answer: DA in payment term of international trade means, Documents against Acceptance


10. Expand BOL.

Answer

Answer: Bill of Lading


11. Expand EIC.

Answer

Answer: Export Inspection council


12. Expand UNCTAD.

Answer

Answer: United Nations Conference on Trade and Development.


13. Expand EPZ.

Answer

Answer: Export Processing Zones.


14. Expand EOU.

Answer

Answer: Export Oriented Units


15. Name any one export processing zone.

Answer

Answer: Cochin export processing zone


We hope the given NCERT MCQ Questions for Class 11 Business Studies Chapter 12 International Business 2 with Answers Pdf free download will help you. If you have any queries regarding International Business 2 CBSE Class 11 Business Studies MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

MCQ Questions for Class 11 Business Studies Chapter 11 International Business 1 with Answers

Check the below NCERT MCQ Questions for Class 11 Business Studies Chapter 11 International Business 1 with Answers Pdf free download. MCQ Questions for Class 11 Business Studies with Answers were prepared based on the latest exam pattern. We have provided International Business 1 Class 11 Business Studies MCQs Questions with Answers to help students understand the concept very well. https://mcqquestions.guru/mcq-questions-for-class-11-business-studies-chapter-11/

International Business 1 Class 11 MCQs Questions with Answers

International Business Class 11 MCQ Chapter 11 Question 1.
Which one of the following is not amongst India’s major trading partners?
(a) USA
(b) UK
(c) Germany
(d) New Zealand

Answer

Answer: (d) New Zealand


International Trade Class 11 MCQ Chapter 11 Question 2.
Which one of the following is not amongst India’s major export items?
(a) Textiles and garments
(b) Gems and jewellery
(c) Oil and petroleum products
(d) Basmati rice

Answer

Answer: (c) Oil and petroleum products


MCQ Questions For Class 11 Business Studies Chapter 11 Question 3.
Which one of the following modes of entry permits greatest degree of control over overseas operations?
(a) Licensing/franchising
(b) Wholly owned subsidiary
(c) Contract manufacturing
(d) Joint venture

Answer

Answer: (b) Wholly owned subsidiary


International Business MCQ Class 11 Chapter 11 Question 4.
Which of the following is not an advantage of exporting?
(a) Easier way to enter into international markets
(b) Comparatively lower risks
(c) Limited presence in foreign markets
(d) Less investment requirements

Answer

Answer: (c) Limited presence in foreign markets


MCQ On International Business Class 11 Chapter 11 Question 5.
Outsourcing a part of or entire production and concentrating on marketing operations in international business is known as
(a) Licensing
(b) Franchising
(c) Contract manufacturing
(d) Joint venture

Answer

Answer: (c) Contract manufacturing


Question 6.
The OECD stands for:
(a) Organization for Economic Co-operation and Development
(b) Organization for Economic Coordination and Development
(c) Organization for Environmental Cooperation and Development.
(d) Organization for Environmental Control and Development

Answer

Answer: (a) Organization for Economic Co-operation and Development


Question 7.
_______ is the first step in the internationalization process.
(a) License
(b) Foreign Investment
(c) Sales
(d) Export

Answer

Answer: (a) License


Question 8.
The main promoter of trade liberalization was
(a) GATT
(b) NAFTA
(c) CEPTA
(d) CISA

Answer

Answer: (a) GATT


Question 9.
NAFTA stands for
(a) North African trade association
(b) North American free trade agreement
(c) Northern Atlantic trade agreement
(d) Northern association for trade

Answer

Answer: (b) North American free trade agreement


Question 10.
The WTO was established to implement the final act of Uruguay Round agreement of ……
(a) MFA
(b) GATT
(c) TRIP’s
(d) UNO

Answer

Answer: (b) GATT


Question 11.
The —————- company produces, markets, invests and operates across the world
(a) Global
(b) International
(c) Transnational
(d) Multinational

Answer

Answer: (c) Transnational


Question 12.
Select example of Indian Multinational Company
(a) Hindusthan Unilever
(b) Videocon
(c) Cargill
(d) Tesco

Answer

Answer: (b) Videocon


Question 13.
…….is the payment method most often used in International Trade which offers the exporter best assurance of being paid for the products sold internationally.
(a) Bill of Lading
(b) Letter of Credit
(c) Open Account
(d) Drafts

Answer

Answer: (b) Letter of Credit


Question 14.
Which of the following is not a force in the Porter Five Forces model?
(a) Buyers
(b) Suppliers
(c) Complementary products
(d) Industry rivalry

Answer

Answer: (c) Complementary products


Question 15.
Which is not an Indian Multinational Company?
(a) Unilever
(b) Asian Paints
(c) Piramal
(d) Wipro

Answer

Answer: (a) Unilever


Question 16.
……………is the application of knowledge which redefines the boundaries of global business
(a) Cultural Values
(b) Society
(c) Technology
(d) Economy

Answer

Answer: (c) Technology


Question 17.
The Theory of Relative Factor Endowments is given by
(a) David Ricardo
(b) Adam Smith
(c) F W Taussig
(d) Ohlin and Hecksher

Answer

Answer: (d) Ohlin and Hecksher


Question 18.
According to this theory, the holdings of a country’s treasure primarily in the form of gold constituted its wealth.
(a) Gold Theory
(b) Ricardo Theory
(c) Mercantilism
(d) Hecksher Theory

Answer

Answer: (c) Mercantilism


Question 19.
Which is the right sequence of stages of Internationalization
(a) Domestic, Transnational, Global, International, Multinational
(b) Domestic, International, Multinational, Global, Transnational
(c) Domestic, Multinational, International, Transnational, Global
(d) Domestic, International, Transnational, Multinational, Global

Answer

Answer: (b) Domestic, International, Multinational, Global, Transnational


Question 20.
IBRD (International Bank for Reconstruction and Development) also known as
(a) Exim Bank
(b) World Bank
(c) International Monetary fund
(d) International Bank

Answer

Answer: (b) World Bank


Question 21.
Which one of the following is not amongst India’s major import items?
(a) Ayurvedic medicines
(b) Oil and petroleum products
(c) Pearls and precious stones
(d) Machinery

Answer

Answer: (b) Oil and petroleum products


Question 22.
Which one of the following modes of entry brings the firm closer to international markets?
(a) Licensing
(b) Franchising
(c) Contract manufacturing
(d) Joint venture

Answer

Answer: (d) Joint venture


Question 23.
Which one of the following modes of entry requires higher level of risks?
(a) Licensing
(b) Franchising
(c) Contract manufacturing
(d) Joint venture

Answer

Answer: (d) Joint venture


Question 24.
When two or more firms come together to create a new business entity that is legally separate and distinct from its parents it is known as
(a) Contract manufacturing
(b) Franchising
(c) Joint ventures
(d) Licensing

Answer

Answer: (c) Joint ventures


Question 25.
In which of the following modes of entry, does the domestic manufacturer give the right to use intellectual property such as patent and trademark to a manufacturer in a foreign country for a fee
(a) Licensing
(b) Contract manufacturing
(c) Joint venture
(d) None of these

Answer

Answer: (a) Licensing


One Mark Questions

1. What is International Business?

Answer

Answer: International Business is a business activities take place across the geographical boundaries.


2. State any one type of international business.

Answer

Answer: Direct Investment.


3. State any one mode of entry into international business.

Answer

Answer: Franchising.


4. State any one reason for international business.

Answer

Answer: Change in fashion and technology


5. What is Export business?

Answer

Answer: An export is a function of international trade whereby goods produced in one country are shipped to another country for future sale or trade.


We hope the given NCERT MCQ Questions for Class 11 Business Studies Chapter 11 International Business 1 with Answers Pdf free download will help you. If you have any queries regarding International Business 1 CBSE Class 11 Business Studies MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.