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Model Paper 2 — Social Studies STD 9 — Question

CBSE BoardEnglish MediumSTD 9Social StudiesModel Paper 21 Mark
MCQ
An activity performed for profit or for service can be termed as:
  • A
    Formal activity
  • ✓
    Market activity
  • C
    Professional activity
  • D
    Non-market activity
✓

Answer

Correct option: B.
Market activity
(b) Market activity
Explanation:
Market activities involve remuneration to anyone who performs i.e., activity performed for pay or profit. These include the production of goods or services, including government service.

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