Tag: land,labour, capital and entrepreneur

Questions Related to land,labour, capital and entrepreneur

_____ can kill bacteria and other micro organisms in the soil.

economics how does production take place? natural resources- air, water and land land land,labour, capital and entrepreneur production mechanism

  1. Bio fertilizers

  2. Organic fertilizers

  3. Manure

  4. Homemade fertilizers

  5. Chemical fertilizers

Show answer
Correct Option: E
Explanation:

A chemical fertilizer is defined as any inorganic material of wholly or partially synthetic origin that is added to the soil to sustain plant growth. Can also kill bacteria and other micro organisms in the soil.

To grow more than one crop on a piece of land during the year is known as ______.

economics how does production take place? natural resources- air, water and land land land,labour, capital and entrepreneur production mechanism

  1. kharif crop

  2. multiple cropping

  3. rabi crop

  4. zaid crop

  5. none of the above

Show answer
Correct Option: B
Explanation:

In agriculture, multiple cropping is the practice of growing two or more crops in the same piece of land during a single growing season. It is a form of polyculture.

Bigha and Guntha are _____.

economics how does production take place? natural resources- air, water and land land land,labour, capital and entrepreneur production mechanism

  1. types of soil

  2. types of seeds

  3. types of rabi crop

  4. local units of measuring farmland area

Show answer
Correct Option: D
Explanation:

Bigha and Guintha are two local units of measuring land area in village.

Which state was among the first to try out modern farming methods in India?

economics how does production take place? natural resources- air, water and land land land,labour, capital and entrepreneur production mechanism

  1. Jharkhand

  2. Haryana

  3. Bihar

  4. Orissa

Show answer
Correct Option: B
Explanation:

Haryana state was the first to try out modern farming methods in India.

Which of the following is a fixed capital?

economics how does production take place? natural resources- air, water and land land land,labour, capital and entrepreneur production mechanism

  1. Clay

  2. Yarn

  3. Tools

  4. Seeds

Show answer
Correct Option: C
Explanation:

Fixed capital includes the assets that are needed to start up and conduct business. These assets are considered fixed as they are not consumed or destroyed during the actual production of a good or service but have a reusable value. 

Which input is not a working capital?

economics how does production take place? natural resources- air, water and land land land,labour, capital and entrepreneur production mechanism

  1. Machines

  2. Raw-materials

  3. Money

  4. Shares

Show answer
Correct Option: A
Explanation:

Working capital is the daily expenses which a business bears. Machines are fixed capital. 

Which of the following is an example of working capital?

economics how does production take place? natural resources- air, water and land land land,labour, capital and entrepreneur production mechanism

  1. Tools

  2. Machines

  3. Raw materials

  4. Buildings

Show answer
Correct Option: C
Explanation:

Working capital is the daily expenses which a business bears

Multiple cropping refers to ______.

economics how does production take place? natural resources- air, water and land land land,labour, capital and entrepreneur production mechanism

  1. cultivation of wheat and rice

  2. cultivation of two crops in alternate rows

  3. cultivating more than one crop on the same field each year

  4. cultivating crops and rearing animals on the same farm

Show answer
Correct Option: C
Explanation:

In agriculture, multiple cropping is the practice of growing two or more crops in the same piece of land during a single growing season. It is a form of polyculture. 

Increased use of ________ and __________ on a particular plot of land leads to an increase in crop production at a diminishing rate.

economics how does production take place? natural resources- air, water and land land land,labour, capital and entrepreneur production mechanism

  1. capital and labour

  2. capital and entrepreneurship

  3. entrepreneurship and land

  4. none of the above

Show answer
Correct Option: A
Explanation:

The above is true because land depletes in resources over time and takes time to replenish itself. 

Products like food grains, minerals, metals, timber, leather, hides and skins, wool, tea, jute, petroleum, milk, butter, etc. are tradable products of _________.

economics how does production take place? natural resources- air, water and land land land,labour, capital and entrepreneur production mechanism

  1. land

  2. air

  3. water

  4. space

Show answer
Correct Option: A
Explanation:

Products of land includes anything that is obtained or created by the land.