Suman joined a catering college after finishing her schooling. She specialised in baking cakes. After finishing her course, she along with her two friends started a bakery shop in Lucknow. Her shop was an instant success as the cakes were produced with high quality ingredients. In the month of November, Suman's sister's birthday approached and her mother requested her to bake a cake for the birthday. Suman baked a cake for her sister at their home for her sister's birthday. Identify and state the nature of activity performed by Suman for her sister and at her shop.

Question

Accepted Answer

Activity performed at home for her sister: Non-Economic Activity - done out of love, care, and affection, not for monetary gain. Activity performed at her bakery shop: Economic Activity (Business) - undertaken for monetary gains involving production and sale of goods for profit.