11 GSEB BO 1 TO 5 [BOYS]

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

partnership created for doing business with time limit means......

• firm with limited liability

• voluntary partnership

• in active partnership firm

• partnership firm with time limit

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 Service

• Commerece

• Industry

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

• Primary

• Secondary

• Tertiary

• Capital Intensive