Question
Name:
  1. The activities connected with the production are called as.
  2. The activities connected with the distribution of goods produced from the factories to the consumers are called.
  3. Name the better way of classifying business activities.
  4. Industrial unit whose investment in plant and machinery does not exceed ₹ 5 crores.
  5. During inflation, an entrepreneur need more working capital or less working capital.
  6. Name the type of credit in which credit period of 180 days is extended on purchase of supplies.

Answer

  1. Industry
  2. Commerce.
  3. A better way of classifying business is size-wise.
  4. Small scale industries.
  5. More working capital.
  6. Trade credit.

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