All of these. Production is the transformation of inputs into outputs. When goods are produced, there is a creation of value in them. And when they are able to satisfy a want it is said to have utility. Thus production is the creation of value and utility and the goods and services produced have the ability to satisfy a want.
19. The Story Of Village Palampur
252873
Assertion (A): Palampur has a diverse range of crops grown throughout the year. Reason (R): The village has a favourable climate for growing multiple crops.
1 Both A and R are true and R is the correct explanation of A.
2 Both A and R are true but R is not the correct explanation of A.
3 A is true but R is false.
4 A is false but R is true.
Explanation:
Both A and R are true and R is the correct explanation of A.
19. The Story Of Village Palampur
252874
Which is the most important factor of production?
1 Land.
2 Labour.
3 Human capital.
4 Physical capital.
Explanation:
Human capital. Human capital is the most important factor of production because you will need knowledge and enterprise to be able to put together land, labour and physical capital to produce an output either to use yourself or sell in the market.
19. The Story Of Village Palampur
252875
Working capital stands for:
1 Tools, machines and buildings.
2 raw materials and money in hand.
3 total share capital.
4 fixed deposits in financial institutions.
Explanation:
raw materials and money in hand.
19. The Story Of Village Palampur
252876
The traders of Palampur are mainly _____.
1 Farmers
2 Shopkeepers
3 Merchants
4 Landowners
Explanation:
Farmers In Palampur, farming is the main activity as 75% of population work for farm labourers. earn their living through farming. Unfortunately, not all people engaged in farming have sufficient land for cultivation. So it is necessary to increase area under cultivation.
All of these. Production is the transformation of inputs into outputs. When goods are produced, there is a creation of value in them. And when they are able to satisfy a want it is said to have utility. Thus production is the creation of value and utility and the goods and services produced have the ability to satisfy a want.
19. The Story Of Village Palampur
252873
Assertion (A): Palampur has a diverse range of crops grown throughout the year. Reason (R): The village has a favourable climate for growing multiple crops.
1 Both A and R are true and R is the correct explanation of A.
2 Both A and R are true but R is not the correct explanation of A.
3 A is true but R is false.
4 A is false but R is true.
Explanation:
Both A and R are true and R is the correct explanation of A.
19. The Story Of Village Palampur
252874
Which is the most important factor of production?
1 Land.
2 Labour.
3 Human capital.
4 Physical capital.
Explanation:
Human capital. Human capital is the most important factor of production because you will need knowledge and enterprise to be able to put together land, labour and physical capital to produce an output either to use yourself or sell in the market.
19. The Story Of Village Palampur
252875
Working capital stands for:
1 Tools, machines and buildings.
2 raw materials and money in hand.
3 total share capital.
4 fixed deposits in financial institutions.
Explanation:
raw materials and money in hand.
19. The Story Of Village Palampur
252876
The traders of Palampur are mainly _____.
1 Farmers
2 Shopkeepers
3 Merchants
4 Landowners
Explanation:
Farmers In Palampur, farming is the main activity as 75% of population work for farm labourers. earn their living through farming. Unfortunately, not all people engaged in farming have sufficient land for cultivation. So it is necessary to increase area under cultivation.
All of these. Production is the transformation of inputs into outputs. When goods are produced, there is a creation of value in them. And when they are able to satisfy a want it is said to have utility. Thus production is the creation of value and utility and the goods and services produced have the ability to satisfy a want.
19. The Story Of Village Palampur
252873
Assertion (A): Palampur has a diverse range of crops grown throughout the year. Reason (R): The village has a favourable climate for growing multiple crops.
1 Both A and R are true and R is the correct explanation of A.
2 Both A and R are true but R is not the correct explanation of A.
3 A is true but R is false.
4 A is false but R is true.
Explanation:
Both A and R are true and R is the correct explanation of A.
19. The Story Of Village Palampur
252874
Which is the most important factor of production?
1 Land.
2 Labour.
3 Human capital.
4 Physical capital.
Explanation:
Human capital. Human capital is the most important factor of production because you will need knowledge and enterprise to be able to put together land, labour and physical capital to produce an output either to use yourself or sell in the market.
19. The Story Of Village Palampur
252875
Working capital stands for:
1 Tools, machines and buildings.
2 raw materials and money in hand.
3 total share capital.
4 fixed deposits in financial institutions.
Explanation:
raw materials and money in hand.
19. The Story Of Village Palampur
252876
The traders of Palampur are mainly _____.
1 Farmers
2 Shopkeepers
3 Merchants
4 Landowners
Explanation:
Farmers In Palampur, farming is the main activity as 75% of population work for farm labourers. earn their living through farming. Unfortunately, not all people engaged in farming have sufficient land for cultivation. So it is necessary to increase area under cultivation.
All of these. Production is the transformation of inputs into outputs. When goods are produced, there is a creation of value in them. And when they are able to satisfy a want it is said to have utility. Thus production is the creation of value and utility and the goods and services produced have the ability to satisfy a want.
19. The Story Of Village Palampur
252873
Assertion (A): Palampur has a diverse range of crops grown throughout the year. Reason (R): The village has a favourable climate for growing multiple crops.
1 Both A and R are true and R is the correct explanation of A.
2 Both A and R are true but R is not the correct explanation of A.
3 A is true but R is false.
4 A is false but R is true.
Explanation:
Both A and R are true and R is the correct explanation of A.
19. The Story Of Village Palampur
252874
Which is the most important factor of production?
1 Land.
2 Labour.
3 Human capital.
4 Physical capital.
Explanation:
Human capital. Human capital is the most important factor of production because you will need knowledge and enterprise to be able to put together land, labour and physical capital to produce an output either to use yourself or sell in the market.
19. The Story Of Village Palampur
252875
Working capital stands for:
1 Tools, machines and buildings.
2 raw materials and money in hand.
3 total share capital.
4 fixed deposits in financial institutions.
Explanation:
raw materials and money in hand.
19. The Story Of Village Palampur
252876
The traders of Palampur are mainly _____.
1 Farmers
2 Shopkeepers
3 Merchants
4 Landowners
Explanation:
Farmers In Palampur, farming is the main activity as 75% of population work for farm labourers. earn their living through farming. Unfortunately, not all people engaged in farming have sufficient land for cultivation. So it is necessary to increase area under cultivation.
All of these. Production is the transformation of inputs into outputs. When goods are produced, there is a creation of value in them. And when they are able to satisfy a want it is said to have utility. Thus production is the creation of value and utility and the goods and services produced have the ability to satisfy a want.
19. The Story Of Village Palampur
252873
Assertion (A): Palampur has a diverse range of crops grown throughout the year. Reason (R): The village has a favourable climate for growing multiple crops.
1 Both A and R are true and R is the correct explanation of A.
2 Both A and R are true but R is not the correct explanation of A.
3 A is true but R is false.
4 A is false but R is true.
Explanation:
Both A and R are true and R is the correct explanation of A.
19. The Story Of Village Palampur
252874
Which is the most important factor of production?
1 Land.
2 Labour.
3 Human capital.
4 Physical capital.
Explanation:
Human capital. Human capital is the most important factor of production because you will need knowledge and enterprise to be able to put together land, labour and physical capital to produce an output either to use yourself or sell in the market.
19. The Story Of Village Palampur
252875
Working capital stands for:
1 Tools, machines and buildings.
2 raw materials and money in hand.
3 total share capital.
4 fixed deposits in financial institutions.
Explanation:
raw materials and money in hand.
19. The Story Of Village Palampur
252876
The traders of Palampur are mainly _____.
1 Farmers
2 Shopkeepers
3 Merchants
4 Landowners
Explanation:
Farmers In Palampur, farming is the main activity as 75% of population work for farm labourers. earn their living through farming. Unfortunately, not all people engaged in farming have sufficient land for cultivation. So it is necessary to increase area under cultivation.
