Economic Development Quiz

The very first stage of economic development is __________.

• despatching

• Routing

• Debentures

• House hold economy

What is the aspect of business activity which is concerned with distribution of goods and services produced by industry?

• advertisiment

• Insurance

• commerce

• banking

Which factor is considered in starting a bussiness firm?

• cost of goods

• government rules

• Market conditions

• all of these

The system of exchange of goods is called ___________.

• Barter system

• Routing

• Debentures

• none of these

The trade between various nations are called __________.

• despatching

• Routing

• international trade

• none of these

The meaning of Barter Economy is_____________.

• despatching

• Exchange of goods

• Debentures

• none of these

The different types of business organisations are called as __________.

• despatching

• Routing

• Debentures

• Private and public sector

Owned by single person, who invests capital with the motive of making successful enterprises is _____________.

• Individuval ownership

• Routing

• Debentures

• none of these

The main motive of individuals focused in private sector is __________.

• despatching

• Routing

• Profit

• none of these

Example of private sector firm.

• cooperative organisation

• public corporations

• departmental organisation

• none of above