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Evolution and Fundamentals of Business Quiz- 2
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Evolution and Fundamentals of Business Quiz-2
Evolution and Fundamentals of Business Quiz-2
Quiz
Industry where various ingredients are combined to form a new product is called______industry:
Analytical
Synthetical
Processing
Assembling
In which year ‘Make in India’ program was launched:
2016
2015
2014
2018
The work of production of goods is covered under______:
Industry
Manufacturing
Trade
Auxiliary to trade
Capital investment is required in _______&______ and not in _______:
Business & employment; profession
Business & profession; employment
Employment & profession; business
Business & trade; employment
A and B are two friends, A told B that he wants to purchase his old car B agreed to it and asked A to give him his bike that B wants to gift to his son on his birthday. This is a:
Business
Economic activity
Profession
Non-economic activity
Mrs. Sunita is a teacher in a primary school. She also teaches her son at home, which of the following activities Mrs. Sunita is performing while teaching her son:
Economic
Non-economic
Business
None of these
Different types of clothes were exported from the city ______, during ancient period
Surat
Ujjain
Mithila
Broach
Which of these is not a characteristic of business activities
Profit earning
Production or procurement of goods and services
Uncertainty of returns
Fees
Can business activity be carried on without occurring risks:
True
False
Partially true
Partially false
Which of the following situations could arise a risk for the business:
Change in taste and preferences
Change in production method
Increased competition
All of these
Business activities starts with production and ends with _______:
Consumption
Marketing
Sales
Both consumption and sales
Manufacturing of steel is an example of:
Primary industry
Tertiary industry
Secondary Industry
Extractive industry
Those industries which are concerned with the extraction and production of natural resources and reproduction and development of living organisms and plants are:
Productive
Tertiary
Primary
Secondary
In the old age the document which was used to facilitate transfer of money from one hand to another for trading activities is called:
Hundi
Chitties
Both of the above
None of these
Mr. Narayan is working in a company as an assistant manager. What reward/return will he receive for his services:
Profit
Salary
Fees
Interest
Raj wants to start a business of his own, he thinks that starting a business would give him profits for sure. Which characteristic do you think Raj is lacking to understand in order to start a business:
Uncertainty of returns
Production and procurement of goods and services
Profit earning
Element of risk
Subhash’s son is not well educated and hence cannot find a good job. Subhash is now thinking of starting a business for his son so that he can earn his living. Is Subash’s son eligible to carry on a business activity:
Yes
No
Yes, but after having certain qualifications
None of these
Business activities can be classified into:
Trade and commerce
Auxiliary to trade and trade
Business and manufacturing
Industry and commerce
Industries which produce goods through processing of raw material is:
Extractive industry
Genetic industry
Tertiary industry
Manufacturing industry
The industry which supplies raw materials out of the natural resources is:
Manufacturing industry
Raw material industry
Tertiary industry
Extractive industry
A nurse providing first aid to a child in her neighbourhood who fell from the stairs is which activity.
Economic
Non-economic
Profession
None of these
Tertiary industries are also called as:
Primary industry
Trade
Auxiliaries to trade
Business
Sugar and paper are manufactured in a _______ industry:
Processing
Analytical
Assembling
Synthetical
Activities involving the removal of hindrances occuring during the process of exchange are included in:
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