Organisation of Production

A carpenter has a workshop near a marketplace in a small town. He employed two persons A and B on a daily wage. The carpenter is not happy with these two workers. A is Irregular, mostly either he comes late or goes home early for some reason, but completes his assigned jobs on time. B is regular but takes double the time as A to complete the job. The carpenter pays the same daily wage rate to both.

Which of the following suggestion you would recommend to be carpenter?

Which of the following is an example of working capital?

Who has first developed the theory of Rent?

Which one of the following is not an example of fixed capital?

Which is not a factor of production?

The reason of inflation in India is

What is the term given for raw materials and money in hand?

Which factor of production is natural?

Which among the following is active factor of production?

Tools, machines, buildings are examples of which type of capital?

Select the odd one out: Tools, buildings, raw materials, machines.
 

Which of the following is working capital?

Read the statements given below carefully.

Statement $1$: Farmers who cannot find work in their villages, migrate to other villages and towns in search of work.

Statement $2$: Even though the quantity of land available for use is fixed, the yield from land can be increased.

Statement $3$: Non-Farm production activities do not require factors of production to carry out production.

Which of the following does not describe production? 
 

Which of the following is essential for the production of goods and services?

In India, among the three factors of production,_____ (labour/capital)is the most abundant factor of production.

Who puts together land, labour, and capital in the process of production?

Every production is organised by combining land, labour, physical capital, and human capital, which are known as _____. (Factors of Production / Sectors of Production)