BUSINESS ACTIVITIES ~ ICSE Class 9 Commerical Studies - Notes, MCQs
BUSINESS ACTIVITIES ~ ICSE Class 9 Commerical Studies - Notes, MCQs SECTION 1 1. Business is an ______ activity. A. Social B. Economic C. Political D. Religious Answer: B 2. Business involves the sale, transfer or exchange of: A. Goods only B. Services only C. Goods and services D. Money only Answer: C 3. The primary objective of business is: A. Social welfare B. Entertainment C. Earning profit D. Charity Answer: C 4. Goods and services in business are provided mainly to: A. Earn profits B. Gain popularity C. Pass time D. Help relatives Answer: A 5. Business is a type of: A. Non-economic activity B. Economic activity C. Recreational activity D. Political activity Answer: B 6. Which of the following is NOT an economic activity? A. Business B. Employment C. Profession D. Charity Answer: D 7. Which of the following is an economic activity? A. Donating clothes B. Tea...