Question : Which of the following is correct?
 

Option 1: Operating surplus = Compensation of employees + profit + interest.
 

Option 2: Operating surplus = Compensation of employees + rent+ interest.
 

Option 3: Operating surplus = Rent and royalty + profit + interest.
 

Option 4: Operating surplus = Compensation of employees + profit + mixed income.
 

Question : The components of income method includes-

Option 1: Compensation of employees

Option 2: Operating surplus

Option 3: Mixed income

Option 4: All of the above.

Question : Which of the following is a part of compensation of employees?

Option 1: Employers contributionn to social security scheme.

Option 2: Employees contribution to social security scheme.
 

Option 3: Mixed Income

Option 4: All of the above.

Question : It is the outcome of a dynamic process of interaction between a person and his environment.
 

Option 1: Entrepreneurship
 

Option 2: Entrepreneurship development
 

Option 3: Entrepreneur
 

Option 4: None of the above
 

Question : The important indicator of economic development is increase in GDP. As income is generated in the production, entrepreneurship generate income through organisation of production.
Which need for entrepreneurship is highlighted here?
 

Option 1: Contribution to GDP
 

Option 2: Capital formation
 

Option 3: Generation of employees
 

Option 4: Generation of business opportunities for others.