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Which of the following goods will be considered circulating capital? - Economic Applications

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प्रश्न

Which of the following goods will be considered circulating capital?

विकल्प

  • Computers in the office

  • The factory buildings

  • The furniture used by the workers

  • Water used in the production process

MCQ

उत्तर

Water used in the production process

Explanation:

  • Circulating capital refers to assets that are used up or consumed in the production process and must be replenished regularly. Water used in the production process is an example of circulating capital because it is consumed as part of the production cycle and must be replaced.
  • Other options, such as computers, factory buildings, and furniture, are examples of fixed capital because they are long-term assets used in production but not consumed in the process.
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Types of Capital
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अध्याय 4: Factors of Production - QUESTIONS [पृष्ठ ११२]

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गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
अध्याय 4 Factors of Production
QUESTIONS | Q 47. | पृष्ठ ११२
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