Answer:
Ans. When a person is engaged in an occupation which provides services on the basis of specialized knowledge and experience in their respective occupations, it is called a profession. For example, Legal (Lawyer), Medical (Doctor), Accountancy (C. A). An occupation can be called a profession if it has the following features: 1. Membership of a professional body and certificate of practice is required. 2. Personalised services of expert nature. 3. Professional qualification and training are required. 4. Professional fee is charged in lieu of services. 5. The limited capital for establishment is required. 6. The degree of risk is low. 7. Professional code of conduct is to be followed that has been given by the concerned authority.
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