ICSE Class 9 Commercial Applications by Pavan | Practice Test to Test Your Knowledge
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  3. ICSE Class 9 Commercial Applications
ICSE Class 9 Commercial Applications

ICSE Class 9 Commercial Applications

Complete mock test on Business Studies and Commercial Practice. Features problem-solving and application-based questions.

2025-07-19
Pavan Pavan
ICSE Commercial Class 9 Grade 9

Duration

30 min

Questions

30

Marking

Negative

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Questions Preview

What is the meaning of 'commerce'?

A
The study of politics and governance
B
The buying and selling of goods and services
C
The management of human resources
D
The study of marketing strategies

Which of the following is NOT part of business?

A
Production of goods
B
Management of operations
C
Fundamental physics
D
Sale of products

What is the primary difference between business and commerce?

A
Commerce includes trade and industry, while business is the overall commercial activity.
B
Business refers to legal firms, while commerce refers to goods and services.
C
Business is concerned with profit, whereas commerce deals with losses.
D
There is no difference between business and commerce.

Which of the following is the primary activity of an industry?

A
Manufacturing goods
B
Trading goods
C
Transporting goods
D
Advertising products

What is the meaning of 'trade' in a commercial context?

A
Exchanging goods and services for money
B
Investing in the stock market
C
Running a company
D
Selling real estate

Which of the following terms refers to a business entity established by law to conduct commercial activities?

A
Firm
B
Organization
C
Company
D
Household

What is the meaning of a 'commercial organization'?

A
An entity involved in charitable activities
B
An entity involved in trade, industry, or services to generate profits
C
An educational institution
D
A non-profit organization

What is the key difference between a firm and a company?

A
A firm is legally incorporated, while a company is a partnership.
B
A firm has limited liability, while a company has unlimited liability.
C
A company is a legal entity, while a firm may not always be.
D
There is no difference between a firm and a company.

Which of the following is NOT a feature of a sole proprietorship?

A
Ownership by one individual
B
Unlimited liability for the owner
C
Limited control over operations
D
The owner gets all profits

Which of the following industries is part of the FMCG sector?

A
Clothing and apparel
B
Consumer electronics
C
Packaged food and beverages
D
Real estate

What is an example of a primary industry?

A
Mining
B
Software development
C
Financial services
D
Real estate development

Which of the following is a secondary industry?

A
Agriculture
B
Manufacturing of cars
C
Mining
D
Fishing

What is the main feature of a non-profit organization?

A
The goal is to generate profits for shareholders
B
The goal is to provide goods or services without seeking profit
C
It focuses on manufacturing products
D
It aims to trade products in large quantities

Which of the following is an example of an ownership structure for a company?

A
Sole proprietorship
B
Partnership
C
Corporation
D
All of the above

Which of the following industries comes under the tertiary sector?

A
Banking
B
Agriculture
C
Mining
D
Construction

What is an example of a textile industry product?

A
Smartphones
B
Clothing
C
Minerals
D
Vehicles

Which of the following is a responsibility of a business organization?

A
Ensuring fair wages and working conditions
B
Maximizing profits by any means
C
Avoiding the production of goods
D
Eliminating competition

What is a feature of good management in a business?

A
Maximizing profits only
B
Ensuring efficient use of resources and meeting organizational goals
C
Ignoring employee welfare
D
Encouraging high competition among employees

Which of the following is NOT a natural resource?

A
Air
B
Water
C
Fuels
D
Electricity

What is an example of a renewable natural resource?

A
Coal
B
Water
C
Oil
D
Natural gas

Which of the following is an example of a non-renewable resource?

A
Wind
B
Solar energy
C
Oil
D
Water

What is the importance of environmental awareness in business?

A
To increase operational costs
B
To ensure sustainable use of resources and reduce environmental impact
C
To eliminate the need for regulations
D
To maximize resource extraction

What does the term 'sustainable business practices' refer to?

A
Maximizing profit at all costs
B
Ensuring that a business operates without negatively impacting the environment
C
Reducing competition
D
Cutting all costs to a minimum

Which of the following is an example of environmental sustainability in industry?

A
Using renewable energy sources
B
Maximizing the use of non-renewable resources
C
Increasing carbon emissions
D
Polluting water bodies

Which of the following is a common environmental challenge for businesses?

A
High demand for non-renewable resources
B
Too much focus on energy-efficient practices
C
Avoiding waste management
D
Increasing government subsidies

Which of the following is an example of a non-renewable natural resource?

A
Coal
B
Solar energy
C
Wind energy
D
Geothermal energy

Which industry is primarily focused on the extraction of raw materials?

A
Primary industry
B
Secondary industry
C
Tertiary industry
D
Service industry

Which of the following is NOT a responsibility of a commercial organization?

A
Ensuring the economic well-being of its employees
B
Maximizing profits at all costs
C
Contributing to social welfare
D
Operating sustainably and minimizing environmental impact

What is an example of an environmental factor affecting businesses?

A
Changes in government tax policies
B
Increase in pollution
C
Access to consumer credit
D
All of the above

What is a key characteristic of a successful commercial organization?

A
Strong management and efficient resource use
B
Maximum use of non-renewable resources
C
Ignoring environmental impacts
D
Operating in only one industry sector