Business Studies- Forms of Business Organization Online Practice Exams
Business Studies- Forms of Business Organization
- Questions 15
- Maximum mark 15
Business Studies- Forms of Business Organization Set 1
- Questions 15
- Maximum mark 15
Comprehensive Study Resources for Forms of Business Organization
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Explore Different Forms of Business Organizations
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Understand the Features and Legal Aspects
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Business Studies- Forms of Business Organization Online Practice Exams FAQs
1. What are minerals and energy resources?
2. What are the types of minerals?
- Metallic minerals: These minerals contain metals in their composition, such as iron ore, copper, zinc, and gold. They are usually hard and have a shiny appearance.
- Non-metallic minerals: These minerals do not contain metals and have various uses. Examples include limestone, gypsum, mica, and salt.
3. What are the major sources of energy resources?
- Fossil fuels: These include coal, petroleum, and natural gas, which are formed from the remains of ancient plants and animals.
- Renewable energy sources: These include solar energy, wind energy, hydropower, geothermal energy, and biomass, which are naturally replenished and have minimal environmental impact.
- Nuclear energy: This is obtained from nuclear reactions, particularly the splitting of atoms in a process called nuclear fission.
4. How are minerals and energy resources important for economic development?
- Industrial applications: Minerals are used as raw materials in industries such as construction, manufacturing, and electronics.
- Energy production: Energy resources are vital for electricity generation, transportation, and powering industrial processes.
- Export and revenue generation: Many countries rely on mineral exports to generate foreign exchange and boost their economies.
- Job creation: The mining and energy sectors provide employment opportunities and contribute to local economies.
- Infrastructure development: The extraction and utilization of minerals and energy resources contribute to infrastructure development and overall economic growth.
5. What are the environmental challenges associated with the extraction and utilization of minerals and energy resources?
- Land degradation and habitat destruction due to mining activities.
- Air and water pollution caused by the release of hazardous substances during extraction and processing.
- Deforestation and ecosystem disruption associated with mining and energy infrastructure development.
- Greenhouse gas emissions and climate change impacts resulting from the burning of fossil fuels.
- Loss of biodiversity and disruption of ecosystems due to habitat destruction and pollution.