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Which of the following types of capital can be used only for a specific purpose? - Economic Applications

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प्रश्न

Which of the following types of capital can be used only for a specific purpose?

विकल्प

  • Floating capital

  • Money capital

  • Debt capital

  • Sunk capital

MCQ

उत्तर

Sunk capital

Explanation:

  • Sunk capital refers to capital invested in a particular project or asset that cannot be recovered or used for any other purpose. Once this capital is spent, it is "sunk" into that specific use and cannot be redirected elsewhere.
  • The other types of capital, such as floating capital, money capital, and debt capital, are more flexible and can be used for various purposes, depending on the needs of the business or project.
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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 45. | पृष्ठ ११२
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