What is the most important economic activity of the villagers?
  • Farming
  • Manufacturing
  • Service
  • All of the above
Which of the following is part of working capital?
  • Raw material and land
  • Raw material and building
  • Raw material and money in hand
  • Money in hand and labour
Which is the most abundant factor of production?
  • Land
  • Capital
  • Entrepreneur
  • Labour
Which one of the following inputs is not a working capital?
  • Machine
  • Raw materials
  • Money
  • Non of these
Which one of the following terms is used for measuring crop produced on a given piece of land during a single season?
  • Yield
  • Productivity
  • Cultivation
  • Output
Which of the following is a non-economic activity?
  • A teacher teaching in a school
  • A doctor caring the patient
  • A mother cooking for her family
  • A nurse working in a hospital
Which of the following is/are factors of production?
  • Land
  • Labour
  • Capital
  • All of the above
Where from do most of the small farmers borrow money to arrange for the capital in Palampur?
  • Banks
  • Co-operative societies
  • Village money lenders
  • Friends and relatives
Finance raised to operate a business is called:
  • Labour
  • Enterprise
  • Land
  • Capital
what is the basic constraint in raising farm production ?
  • Lack of technology
  • Poor irrigation facilities
  • Fixed land area
  • Poverty
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