1 |
The basic objective of business is |
- A. Exchange
- B. Earning profit
- C. Service to the society
- D. Earning foreign exchange for the govt
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2 |
The objective of non-economic activities is to: |
- A. Serve the society
- B. Earn profit
- C. Serve the society beside spiritual satisfaction
- D. Earning the fame
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3 |
A business takes into account the following activities: |
- A. Economic
- B. Non-economic
- C. Social
- D. None of these
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4 |
What does a business organization mean |
- A. Sole tradership
- B. Partnership
- C. Joint stock company
- D. All the above
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5 |
A person who deals in ready made item is: |
- A. Manufacturer
- B. Worker
- C. Trader
- D. Distributor
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6 |
Income from business is called: |
- A. Profit
- B. Interest
- C. Satisfaction
- D. Utility
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7 |
Which factor plays an important role in improving the standard of living of the people and economic development |
- A. Trade
- B. Industry
- C. Commerce
- D. All the above
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8 |
What does a business organization mean: |
- A. Sole tradeship
- B. Partnership
- C. Joint stock company
- D. All the above
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9 |
Economic activities mean |
- A. Business
- B. Business and profession
- C. Business, profession end employment
- D. None of the above
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10 |
Income from business is called |
- A. Profit
- B. Interest
- C. Satisfaction
- D. Utility
|