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Business and commercial knowledge – an introduction

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Q.1) Consider the following table showing columns for the nature of economic occupation and the corresponding characterisation of income and then, choose the right solution option from the alternatives given below the table.

Economic Occupation	Income Characterisation
i. Employment	a. Profit
ii. Profession	b. Wages & Salaries
iii. Business	c. Interest
iv. Land / Property Rental	d. Rent
v. Lending	e. Fees

Try again

Correct

i. Employment b. Wages & Salaries ii. Profession e. Fees iii. Business a. Profit iv. Land / Property Rental d. Rent v. Lending c. Interest
ans: (c)

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