Advertisements
Advertisements
Question
Match the following and select the correct option.
Column I | Column II | ||
(i) | Capital which is given to workers in form of wages | (A) | Circulating capital |
(ii) | Producer goods having long life | (B) | Floating capital |
(iii) | Goods which can be used for a specific purpose only once | (C) | Fixed capital |
(iv) | Goods which can be put to alternative uses or by several industries | (D) | Remunerative capital |
Options
(i) D, (ii) C, (iii) A, (iv) B
(i) D, (ii) C, (iii) B, (iv) A
(i) A, (ii) D, (iii) B, (iv) C
(i) A, (ii) B, (iii) D, (iv) C
Solution
(i) D, (ii) C, (iii) A, (iv) B
Explanation:
Column I | Column II | ||
(i) | Capital which is given to workers in form of wages | (D) | Remunerative capital |
(ii) | Producer goods having long life | (C) | Fixed capital |
(iii) | Goods which can be used for a specific purpose only once | (A) | Circulating capital |
(iv) | Goods which can be put to alternative uses or by several industries | (B) | Floating capital |
APPEARS IN
RELATED QUESTIONS
Identify what type of capital is it?
Observe the relationship of the first pair of words and complete the second pair.
Office furniture; Fixed capital
Power of running the plant ______
______ capital is used once in production whereas ______ capital can be used for long time.
Which of the following goods will be considered circulating capital?
Explain in brief the term sunk capital.
Distinguish between fixed and circulatory capital.
Define real capital.
Give two examples of real capital.
Classify the following into fixed capital and working capital. Give reasons:
A television in a hotel room.
Out of the following capital used in the cotton textile industry classify the following as fixed or circulating capital.
- Cotton yarns
- Dyes
- Power
- Weaving machines
- Factory buildings
- Machines
- Stocks of raw material lying in a factory
- A car owned by a taxi-driver
- Coal used in a factory
- Cotton used by a doctor