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Q.Read the following paragraph and answer the question on the basis of same: The class 11th and 12th commerce students of a Government Senior Secondary School of Ludhiana choose a project under Business Blaster Scheme to set up a recycling plant to recycle the waste papers from the school and prepare registers and exercise books to be used by the school students. The commerce lecturers and students presented this idea to the principal and discussed the modalities to be done for the project. Principal appreciated the idea and gave consent for the same. Students also decided that 25% of revenue generated from this project will be used to help needy students of the school. Which product mix helps in grading of product?

(a) Branding
(b) Packaging
(c) Pricing
(d) Labelling
Punjab PsebPSEB Punjab Class 12 (Commerce) 2026MCQ· 1mImportance★★★★★
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Correct answer: (d) Labelling.

Labelling is the part of the product mix that involves designing and putting the label (the written/printed information) on the product or its package. Labels carry the brand name, contents, directions for use, and often grade designations (such as grade/quality marks). Through these grade labels, labelling helps in grading and classifying products by quality. Hence labelling is the prod …

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