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- Question
In economics,"capital" refers to
Options- A. mineral resources
- B. the money in one's pocket
- C. consumer goods
- D. buildings and equipment
- Correct Answer
- buildings and equipment
ExplanationCapital refers to buildings and equipment i.e, goods which are used by workers to produce other goods such as machinery, land, ...
Capital has a number of related meanings in economics, finance, and accounting.
In economics, Capital comprises one of the four major factors of production, the others being land, labor, and entrepreneurship.
In finance and accounting, capital generally refers to financial wealth, especially that used to start or maintain a business.
- 1. Take Off Stage in an economy means
Options- A. All controls are removed
- B. Economy is stagnant
- C. Steady growth begins
- D. Economy is about to collapse Discuss
- 2. India has been placed in the _______ spot in the renewable energy country attractiveness index by EY.
Options- A. 1st
- B. 2nd
- C. 3rd
- D. 4th Discuss
- 3. What is CPC ?
Options- A. Central Person scheme
- B. Central Pay commission
- C. Central Paid determination
- D. Central Pay scheme Discuss
- 4. Which of the following is not a Fixed Cost?
Options- A. Insurance
- B. Salaries
- C. Depreciation
- D. Direct Materials Discuss
- 5. The exercise of converting the financial outlays into physical outcomes, with fixed quarterly measurable and monitorable target is called
Options- A. Outcome budget
- B. Estimated budget
- C. Expenditure estimate
- D. None of these Discuss
- 6. Which sector of Indian Economy has shown remarkable expansion during the last decade
Options- A. Primary Sector
- B. Secondary Sector
- C. Tertiary Sector
- D. Mining Sector Discuss
- 7. The Income elasticity demand for farm products is
Options- A. High in India
- B. No demand at all
- C. Very low in India
- D. High supply and no demand Discuss
- 8. Where is the Forest Reserve Institute of India located
Options- A. Bhopal
- B. Dehradum
- C. Lucknow
- D. Delhi Discuss
- 9. The State which has the highest percentage of literate unemployed in India is
Options- A. Andhra Pradesh
- B. Manipur
- C. Kerala
- D. Gujarat Discuss
- 10. Which of the following produces maximum crude petroleum in India at present
Options- A. Assam
- B. Gujarat
- C. Off shore Bombay High
- D. Coastal Tamil Nadu Discuss
Indian Economy problems
Search Results
Correct Answer: Steady growth begins
Explanation:
"Take Off Stage" in an economy means Steady growth begins.
Correct Answer: 2nd
Explanation:
India has been placed in the second spot in the renewable energy country attractiveness index by EY. The UK accountancy firm noted the fast pace of growth in Indian renewable energy in the past three years. Over 10 gigawatt (Gw) of solar power was added between 2015 and 2017 and wind energy capacity grew to 5.4 Gw in 2017-18. This growth is in the context of the government?s ambitious targets ? 175 Gw of renewables by 2022, with 40 per cent installed capacity from renewables by 2030 ? and the dramatic price falls in photovoltaic technology.
Correct Answer: Central Pay commission
Correct Answer: Direct Materials
Explanation:
Direct Materials doesn't come under Fixed Cost because it vary with changes in the activity level of a business.
Fixed Cost :
A fixed cost is a cost that does not change over the short-term, even if a business experiences changes in its sales volume or other activity levels.
It is of some importance to understand the extent and nature of the fixed costs in a business, since a high fixed-cost level requires a business to maintain a high revenue level in order to avoid generating losses.
Examples of Fixed Cost are:
Insurance, Salaries, Rent, Property Taxes,...
Correct Answer: Outcome budget
Correct Answer: Tertiary Sector
Correct Answer: Very low in India
Explanation:
Income easticity of demand measures the responsiveness of demand for any goods to changes in income. With increase in incomes generally the demand for farm products like rice wheat etc, will not change drastically. With income increase, demand for luxuries such as consumer durables etc will increase. The income elasticity of demand for farm products is thus low.
Correct Answer: Dehradum
Correct Answer: Kerala
Correct Answer: Off shore Bombay High
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