Question

Business organization cannot contribute to raise standard of living of society. (State with reason whether the given statement is true or false)

Answer 1

flag on the Red Fort is can only be done by the Prime Minister of India it cannot be done by the president
president is only the nominal head of the country but Prime Minister is a real head of the country

the main decisions of the country can be taken by the Prime Minister only without consulting with the president

Answer 2

True. Business organizations are commercial organizations. They cannot have any affect on the living conditions of the people.

The living conditions of the people mostly depend on the economic status of a person and how much income eveyr household earns.

Of course people can make use of their income to buy certain items which can lead to a better living standard.