1.
The occupation in which people work for others and get
remunerated in return is known as?
Employment
2.
The industries which
provide support services to other industries are known as?
Tertiary Industries
3.
_________ includes those
activities which require special knowledge and skill?
Profession
4.
Industries engaged in breeding plants and animals for their
use in further reproduction?
Genetic Industries
5.
Which is one of the most important methods of promoting
the sale of products?
Advertising
6.
The head of the joint family business is called?
Karta
7.
A partner whose
association with the firm is unknown to the general public is called?
Secret partner
8.
The liability of a sole proprietor is _________
Unlimited
9.
The first cooperative act was passed in the
1912
10.
In a public company
minimum number of members are
7
11.
In a cooperative
society liability is _______.
limited
12.
A form of
organization created by law and exist independent of its members
Joint stock companies
13.
Which society
established to protect the interest of farmers by providing better input at a
reasonable cost
Farmers co-operative society
14.
The board of
directors of joint stock company is elected by
Share holders
15.
The _________ is
based on legal contract between two person who agree to share the profit or
losses of business carried on them.
Partnership
16.
Which of the
following does not characterize business activity
Salary or wages
17.
In a co-operative
society the principles followed as
One man one vote society
18.
“Amul” milk branded
name based in the village of Anand in India. In which states this co-operative
is established
Gujarat
19.
A government company
is any company in which the paid up
capital held by the government is not less than
51%
20.
Which of the broad
categories of industries cover, oil refinery and sugar mills
Secondary
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