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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 

    Explanation

    Capital 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.

  • Tags: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO

    More questions

    • 1. United Nations adapted a Charter of Economic Rights in the year

    • Options
    • A. 1969
    • B. 1974
    • C. 1956
    • D. 1964
    • Discuss
    • 2. The intersecting lines drawn on maps and globes are


    • Options
    • A. latitudes
    • B. longitudes
    • C. geographic grids
    • D. None of the above
    • Discuss
    • 3. The budget deficit means


    • Options
    • A. the excess of total expenditure, including loans, net of lending over revenue receipts
    • B. difference between revenue receipts and revenue expenditure
    • C. difference between all receipts and all the expenditure
    • D. fiscal deficit less interest payments
    • Discuss
    • 4. The infrared radiation by sun are strongly absorbed by


    • Options
    • A. carbon dioxide
    • B. water vapours
    • C. carbon dioxide and water vapours
    • D. ozone
    • Discuss
    • 5. The Board of Industrial and Financial Reconstruction (BIFR) came into existence in


    • Options
    • A. 1984
    • B. 1986
    • C. 1987
    • D. 1989
    • Discuss
    • 6. Eugenics is the study of

    • Options
    • A. altering human beings by changing their genetic components
    • B. people of European origin
    • C. different races of mankind
    • D. genetic of plants
    • Discuss
    • 7. The highest mountains in Africa, which is not part of any mountains chain, is


    • Options
    • A. Mt. Aconcagua
    • B. Mt. Kilimanjaro
    • C. Mt. Kosciuszko
    • D. Mont Blanc
    • Discuss
    • 8. How many former republics of USSR have become members of the Commonwealth of Independent States?

    • Options
    • A. 11
    • B. 10
    • C. 12
    • D. 9
    • Discuss
    • 9. The length of the tropical years (the time interval between successive occurrences of the spring equinox) is decreasing very slowly as a result of


    • Options
    • A. small, progressive changes in the earth's rotational speed
    • B. small, progressive change in earth's orbit around the sun
    • C. both (a) and (b)
    • D. None of the above
    • Discuss
    • 10. The term Khalisa in Mughal administration signified the


    • Options
    • A. entire Imperial establishment
    • B. land owned b the emperor himself
    • C. religious land grants
    • D. land from where revenue was collected for the Imperial Treasury
    • Discuss


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