UPSC Economics Business and Foreign Trade / व्यापार और विदेश व्यापार Question Bank Business Modules and concepts in India

  • question_answer
          Following are the characteristics of business risks. One of then is not correct. Please identify it.

    A) Loss is the reward for risk bearing

    B) Business risks are due to uncertainties

    C) Risk is an essential component of every business

    D) Degree of risk depends mainly upon the nature and size of business

    Correct Answer: A


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