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Discuss any three advantages of the division of labour.
Concept: Factors of Production: Labour
Define simple division of labour.
Concept: Factors of Production: Labour
Explain four important characteristics of labour as a factor of production.
Concept: Factors of Production: Labour
Explain three causes of low efficiency of labour in India.
Concept: Factors of Production: Labour
Differentiate the following with examples:
Real capital and debt capital
Concept: Factors of Production: Capital
Define land.
Concept: Factors of Production - Land
Explain the importance of land as a factor of production.
Concept: Factors of Production - Land
Explain any five characteristics of the land.
Concept: Factors of Production - Land
Mention five qualities of a good entrepreneur.
Concept: Factors of Production Entrepreneur
What is the meaning of the productivity of land?
Concept: Factors of Production - Land
Give two differences between recurring deposits and fixed deposits.
Concept: Concept for Demand
Discuss any four factors affecting price elasticity of demand.
Concept: Elasticity of Demand
How does money act as a standard of deferred payment?
Concept: Features of Money
Mention an important difference between a Commercial Bank and the Central Bank.
Concept: Differences Between a Central Bank and a Commercial Bank
Which of the following is a selective/qualitative method of credit control.
Concept: Monetary Policy of the Central Bank
Explain the term progressive tax.
Concept: Other Kinds of Taxes > Concept for Progressive Tax
Discuss any five reasons for the growth of public expenditure in India.
Concept: Concept for Public Expenditure
Capital expenditure is ______ in nature.
Concept: Types of Public Expenditure > Revenue Expenditure and Capital Expenditure
Give the full form of COPRA.
Concept: Legal Measures Available to Protect Consumers from Being Exploited (COPRA, RTI)
State any two features of the Consumer Protection Act.
Concept: Concept of Consumer Rights
