Commercial Activities MCQs Questions Answers

By: Prof. Dr. Fazal Rehman | Last updated: April 15, 2025

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1. What does business mean?



2. Economic activity does not include?



3. The valid definition of business purpose is to?



4. The minimum number of members in a private company limited is?



5. Co-operative membership includes?



6. The minimum number of members required for the registration of a co-operative society are?



7. Which act is used by the government to check restrictive trade?



8. When a company takes over another one and clearly becomes the new owner, the action is called?



9. Images and brand equity of the company affect business how?



10. Which sector is not opened for private sector participation?



11. The economic system based on the principle of free enterprise is?



12. The method of privatization does not include?



13. Industrial policy resolution was first passed in?



14. Planning process is?



15. The term globalization is used to describe the process of removal of the restriction on?



16. The founder of scientific management was?



17. Which among these is not a restrictive trade practice?



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