Question 11 of 75Indian Economy
With reference to physical capital in Indian economy, consider the following pairs: 1. Farmer’s plough — Working capital 2. Computer — Fixed capital 3. Yarn used by the weaver — Fixed capital 4. Petrol — Working capital How many of the above pairs are correctly matched?
AOnly one
BOnly two
COnly three
DAll four
Correct Answer
The correct answer is hidden
Explanation
20 words hidden ... is fixed capital. Yarn used by a weaver is working capital because it is an input consumed in the production process. ... 20 words hidden