BUSINESS, TRADE & COMMERCE

THE MARITIME ROUTES THAT LINKED THE EAST AND WEST BY SEA IS CALLED AS ____________.

ARCHEALOGISTS HAVE EVIDENCES THAT _____________ CIVILIZATION HAD COMMERCIAL CONNECTIONS WITH MESOPOTAMIA TO TRADE GOLD, SILVER ETC.

Which option is not a business activity?

• Production of goods

• Insurance

• Work in a factory for wages

• Exchange of goods

Which of the following is not an economic activity?

• Production

• Social service

• Lawyer

• Trading in goods

The occupation in which people work for others and get remunerated in return is known as ____________.

• Business

• Profession

• Employment

• None of these

Business risk is not likely to arise due to which of the following?

• Changes in government policy

• Good management

• Employee dishonesty

• ower failure

Which of the following is the characteristic of a business?

• Production

• Exchange or sale

• Risk element

• All the above

DOMESTICATION OF ANIMALS AND _______________ WERE THE IMPORTANT COMPONENTS OF ECONOMIC LIFE OF ANCIENT PEOPLE.

Automobile industries are categories as ___________ industries.

• Genetic

• Processing

• Analytical

• Assembling

The industries which provide support services to other industries are known as ____________.

• Primary industries

• Secondary industries

• Tertiary industries

• Auxiliaries to trade