1 |
The part of wealth, other than natural resources, which can be used for further production of wealth are called |
- A. Capital
- B. Revenue
- C. Fundamentals of economics
- D. None of these
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2 |
How many functions of capital |
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3 |
To the economist, investment refers to |
- A. sale of real estate
- B. creation of new capital
- C. purchase of a prize bond
- D. decrease in inventories
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4 |
It is function of capital |
- A. provision of machinery
- B. payment of wages
- C. establish good relation with employees
- D. a and b of above
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5 |
How many various forms of capital |
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6 |
Which is true |
- A. capital depreciates
- B. capital is primary factor of production
- C. capital in not hireable
- D. human capital is real capital
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7 |
An example of money capital is |
- A. cash
- B. money in a savings account
- C. prize bond
- D. golden ring
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8 |
Net investment equals Gross investment MINUS |
- A. fixed capital
- B. capital depreciation
- C. capital appreciation
- D. capital formation
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9 |
The government constructed a new water reservoir for the purpose of irrigation; this might be taken as |
- A. increase in supply of capital
- B. increase in supply of land
- C. increase in supply of land and supply of capital
- D. increase in natural resources
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10 |
Which of the following is capital |
- A. toy of a child
- B. plough of the farmer
- C. calculator of the student
- D. novel book in the library
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