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Match the following and select the correct option. Column I (i) Capital which is given to workers in form of wages (ii) Producer goods having long life - Economic Applications

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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

MCQ

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
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Types of Capital
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Chapter 4: Factors of Production - QUESTIONS [Page 110]

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Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 4 Factors of Production
QUESTIONS | Q 16. | Page 110
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