Which of the following statement is correct?
A. Business is a non-economic activity
B. Participation in tournaments by the college cricket team is business
C. Efficient business organization is needed to check price rise
D. Profit making is not the aim of the business organization
Answer: Option C
Related Questions on Business and Commerce
A. Commerce
B. Industry and commerce
C. Trade and commerce
D. Selling and buying of goods
Which of the following is not an economic activity?
A. A doctor practicing
B. A lawyer practicing law
C. A professional cricketer playing cricket
D. A student playing cricket
Which of the following is an extractive industry?
A. Cattle breeding
B. Forest cultivation
C. Hunting
D. Flour mills
Which of the following is not a manufacturing industry?
A. Iron and steel works
B. Flour Mills
C. Fruit canning
D. Mining
Join The Discussion