Question : Law of Demand is a:
(a) Qualitative Statement
(b) Quantitative Statement
 

Option 1: Only A

Option 2: Only B

Option 3: Both A and B 

Option 4: None of the above

Question : Statement 1:The object of enterpreneurship is law full business.
Statement 2: Entrepreneurship has certain temperamental,skill and other knowledge and competency requirements that can be acquired.
 

Option 1: Both are true 
 

Option 2: Both are false
 

Option 3: Statement 1 is true and statement 2 is false.
 

Option 4: Statement 1 is false and statement 2 is true.

Question : Which of the following statements are true?

Statement 1- Fines are former imposed to maintain law and order.

Statement 2- Fines are later impose to generate revenue.

Option 1: Both are true .
 

Option 2: Both are false 
 

Option 3: Statement 1 is true and statement 2 is false.
 

Option 4: Statement 2 is true and statement 1 is false.
 

Question : Which of the following statement is correct?
Statement 1: Labeling is used as an ineffective sales promotional tool.
Statement 2: Labelling is to provide statutory warning required by law.
 

Option 1: Both are true 

Option 2: Both are false

Option 3: Statement 1 is true and statement 2 is false.

Option 4: Statement 1 is false and statement 2 is true.

Question : Which function performed by labels is highlighted in the given statement?
Statement: It provides information required by law.

Option 1: Describe the product and specify it's contents.

Option 2: Provide information required by law 

Option 3: To help in grading of the products

Option 4: Helps in  promotion of products.