| 1 |
A person involved in different economic activities for the purpose of earning profit is called |
- A. Business man
- B. Trader
- C. Industrialist
- D. Professional
|
| 2 |
Income from business is called |
- A. Profit
- B. Interest
- C. Satisfaction
- D. Utility
|
| 3 |
Economic activities mean |
- A. Business
- B. Business and profession
- C. Business, profession end employment
- D. None of the above
|
| 4 |
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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| 5 |
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
|
| 6 |
What does a business organization mean: |
- A. Sole tradeship
- B. Partnership
- C. Joint stock company
- D. All the above
|
| 7 |
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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| 8 |
A person who deals in ready made items is |
- A. Manufacturer
- B. Worker
- C. Trader
- D. Distributor
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| 9 |
Economic activities mean: |
- A. Business
- B. Business and profession
- C. Business, profession and employment
- D. None of the above
|
| 10 |
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
|