Production Factors Questions & Answers: part3



Production Factors QUESTIONS AND ANSWERS :: part3 : 1 to 5

Following Production Factors Multiple choice objective type questions and answers will help you in many competitive written examinations and inteview 2024 like SSC exams :

1.Any work undertaken only for ……………… is not regarded as labour

Income
Reward
Pleasure
none

2.All the free gifts of nature are termed as ………………

Land
Labour
Capital
none

3.The National Incomes of advanced countries are at …………………..

High level
Medium level
Low level
none

4.The Father of Economic is ……………..

Adam Smith
Robbins
Rousseau
none

5.Man can change only the …………… of land

Size
Uses
Nature
none

More Production Factors QUESTIONS AND ANSWERS available in next pages

    Health is the greatest gift, contentment is the greatest wealth -Buddha
A real entrepreneur is somebody who has no safety net underneath them. Henry Kravis