Q. Which of the following does not characterise business activity :
✅ Correct Answer: (D)
Salary or wages.
Nature and Purpose of Business MCQs with answers
Dear candidates you will find MCQ questions of 11th Class - Business Studies | Chapter: Nature and Purpose of Business here. Learn these questions and prepare yourself for coming examinations. You can check the right answer of any question by clicking the option or by clicking view answer button.
All subjects and chapters of 11th Class are listed below. You can select any subject and chapter below to learn mcq questions of that chapter and subject.
Q. The industries which provide support services to other industries are known as :
✅ Correct Answer: (D)
Tertiary industries.
Q. Which of the following cannot be classified as an objective of business :
✅ Correct Answer: (A)
Investment
Q. Which of the following cannot be classified as an auxiliary to trade :
✅ Correct Answer: (A)
Mining
Q. Which of the broad categories of industries covers oil refinery and sugar mills :
✅ Correct Answer: (B)
Secondary
Q. The occupation in which people work for others and get remunerated in return is known as :
✅ Correct Answer: (B)
Employment
Q. Free Guidance by a teacher to his son is :
✅ Correct Answer: (D)
A non-economic activity.
Q. Economic activity = ……….. + ………. :
✅ Correct Answer: (D)
Business + Profession + Employment
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