Question

Anshay is a farmer, his elder brother Ankur is an advocate while his sister Priyanka is a clerk in a government office. Name the economic activities in which they are engaged. Distinguish among them on the basis of Reward/Return Capital investment

Answer 1

Answer:

Name the economic activities in which they are engaged and distinguish among them on the basis of : (i) Reward / Return (ii) Capital investment (iii) Risk. Solution : Anshul is engaged in business , Ankur is engaged in profession and Priyanka is engaged in employment.