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      Question

      Which of the following does not characterize business

      activity? 
      A Practice of goods and services Correct Answer Incorrect Answer
      B Presence of risk Correct Answer Incorrect Answer
      C Sales or exchange of goods and services Correct Answer Incorrect Answer
      D Salary or wages Correct Answer Incorrect Answer

      Solution

      1. Core business characteristics: a. Trade of goods/services (A,C) b. Risk-bearing (B) 2. Salaries are employment features, not business essentials 3. FSSAI defines Food Business Operators (FBOs) based on trading activities

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