
Business Characteristics Quiz
Authored by Shaurya Gogia
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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not a characteristic of business?
Economic activity
Involves risk
Legal activity
Social work
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The industry concerned with extraction of natural resources is:
Manufacturing industry
Genetic industry
Extractive industry
Construction industry
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which one of the following is not a business activity?
A teacher teaching in school
A doctor running his clinic
A shopkeeper selling goods
A farmer selling his produce
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The industry which provides support services to other industries is known as:
Primary
Secondary
Tertiary
Manufacturing
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The basic purpose of a business is:
Service
Employment
Earning profits
Welfare
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which form of business organisation is owned and managed by a single person?
Partnership
Joint Hindu Family
Sole Proprietorship
Co-operative society
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Minimum number of members in a public company is:
2
7
3
5
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