Tamil Nadu Board 11th Standard Commerce - Chapter 3: Book Back Answers and Solutions
This post covers the book back answers and solutions for Chapter 3 – Commerce from the Tamil Nadu State Board 11th Standard Commerce textbook. These detailed answers have been carefully prepared by our expert teachers at KalviTips.com.
We have explained each answer in a simple, easy-to-understand format, highlighting important points step by step under the relevant subtopics. Students are advised to read and memorize these subtopics thoroughly. Once you understand the main concepts, you’ll be able to connect other related points with real-life examples and confidently present them in your tests and exams.
By going through this material, you’ll gain a strong understanding of Commerce Chapter 3 along with the corresponding book back questions and answers (PDF format).
Question Types Covered:
- 1 Mark Questions: Choose the correct answer, Fill in the blanks, Identify the correct statement, Match the following
- 2 Mark Questions: Answer briefly
- 3, 4, and 5 Mark Questions: Answer in detail
All answers are presented in a clear and student-friendly manner, focusing on key points to help you score full marks.
All the best, Class 11 students! Prepare well and aim for top scores. Thank you!
Chapter 3: CLASSIFICATION OF BUSINESS ACTIVITIES
I. Choose the correct answer
1. The industries engaged in extraction of iron ore are known asa. Construction Industries
b. Manufacturing Industries
c. Extraction Industries
d. Genetic Industries
Answer Key:
c. Extraction Industries
2. Production which involves several stages for manufacturing finished products is known as
a. Analytical Industry
b. Synthetic Industry
c. Processing Industry
d. None of the above
Answer Key:
c. Processing Industry
3. Normally high level risk involved in
a. Industry
b. Commerce
c. Trade
d. All of the above
Answer Key:
a. Industry
II. Very Short answer questions
1. Define Commerce. - According to Evelyn Thomas, “Commercial operations deal with the buying and selling of goods, the exchange of commodities and the contribution of finished products”.
- Industry refers to economic activities, which are connected with conversion of resources into useful goods.
- The production side of business activity is referred as industry.
- Trade is an essential part of commerce.
- The term ‘trade’ is used to denote buying and selling.
- It helps in making the goods produced available to ultimate consumers or users.
III. Short answer questions
1. What do you mean by tertiary industries? - They do not produce goods.
- These industries produce utility services and sell them at a profit.
- They help trade, industry and commerce.
- This term also includes auxiliaries to trade like banking, insurance, warehouse, advertisement etc.
- Selling all the goods produced at or near the production place is not possible.
- goods are to be sent to different places where they are demanded.
- The medium which moves men and materials from one place to another is called transport
IV. long answer questions
1. Compare Industry, Commerce and Trade. (any 5)
- which analyses and separates different elements from the same materials, as in the case of oil refinery.
- These industries remain engaged in breeding plants and animals for their use in further reproduction.
- The seeds, nursery companies, poultry, diary, piggery, hatcheries, nursery, fisheries,apiary etc.
- These industries are involved in the construction of building, dams, bridges, roads,as well as tunnels and canals.
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