11th SSV BATCH BO MCQ

What is the objective of economic activity?

• Service

• Financial return

• Love

• Emotion

What is necessary to continue the business?

• Non-economic activity

• Service to country

• Profit

• Re-export

Which is the yard stick for the efficiency of business?

• Profit

• Management

• Production

• Sales

Which utility is created when finished goods are manufactured from the raw material?

• Place

• Time

• Economic

• Form

With what is the objective of benefit of maximisation of wealth of business connected?

• Manager

• Employee

• Owner

• Customer

What is the reward of employment?

• Salary

• Fees

• Profit

• Capital

What type of activity is trade?

• Economic

• Non-economic

• Religious

• Social

What is meant by production by adding utility to the natural wealth?

• Trade

• Auxiliary services

• Commerce

• Industry

Which types of industries are agriculture, animal-husbandry, fisheries ?

• Primary

• Secondary

• Tertiary

• Capital intensive

Which type of economic activity is performed by a government servant getting salary in return of his work ?

• Business

• Profession

• Employment

• Commerce