Question

1. ' Select any trade as per his will' This statement refers to:

a) Partnership b) Joint Hindu family c) Sole proprietorship d) Company

2. How many members are required to start Hindu undivided family business?

a) At least two members b) At least three members c) At least four members

d) At least five members

3. Importing goods from other countries is a part of ………………… trade.

a) Foreign trade b) Home trade c) Extractive trade d) Interstate trade

4. Growing of plants comes under ……………………..

a) Primary Industry b) Genetic Industry c) Extractive Industry d) Analytical Industry

5. A sole - trader and his business exist?

a) Independently b) Secondary c) Together d) None of the above

6. Which of the following cannot be classified as Extractive Industry?

a) Plantation b) Coal c) Iron d) Gas

7. Name the Industries covering Sugar Mills?

a) Primary b) Secondary c) Tertiary d) None of the above

8. Which of the following has maximum risk?

a) Industry b) Commerce c) Trade d) None of the above

9. Which economic activity related to priority of service over the desire for monetary reward?

a) Employment b) Business c) Profession d) None of the above

10. Which occupation can starts after getting appointment letter?

a) Business b) Profession c) Both a and b d) Employment

11. Which point is not related with the role of profit in business?

a) for increasing in efficiency b) for long survival c) for rapid growth​

Answer 1

Answer:

1. (c)

2.(b)

3(a)

4(b)

5(a)

6(a)

7(b)

8(c)

9(b)

10(d)

11(a)

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