Please answer these mcq ?????
Dear Student
The solution to your 13th and 14th question is provided below:
13. (d) Education
Explanation: 'Economic activities' iclude those activities which are undertaken with the purpose of earning money whereas non-economic activities are not undertaken for any monetary profits/gain/benefits. All the activities other than Education are economic activities since they are undertaken for monetary puposes. Education is a non-economic activity as its pupose is the upliftment of the society and not profit earning.
14. (a) IRBD
Explanation: The World Bank (IRBD) classifies the world's economies into 4 major income groups:
1. High
2. Upper-middle
3. Lower-Middle
4. Low income economies.
For remaining queries we request you to post them in separate threads to have rapid assistance from our experts.
Regards
The solution to your 13th and 14th question is provided below:
13. (d) Education
Explanation: 'Economic activities' iclude those activities which are undertaken with the purpose of earning money whereas non-economic activities are not undertaken for any monetary profits/gain/benefits. All the activities other than Education are economic activities since they are undertaken for monetary puposes. Education is a non-economic activity as its pupose is the upliftment of the society and not profit earning.
14. (a) IRBD
Explanation: The World Bank (IRBD) classifies the world's economies into 4 major income groups:
1. High
2. Upper-middle
3. Lower-Middle
4. Low income economies.
For remaining queries we request you to post them in separate threads to have rapid assistance from our experts.
Regards