The story of village Palampur

The aim of production is to

• To produce industries

• To produce goods and services

• To produce machines

• All of the above

Palampur was a ______ village

• Hypothetical

• Imaginary

• Both (a) and (b)

• None of the above

Which of these is not the factor of production

• Land

• Labour

• Capital

• Water

There are ___ primary schools and ___high school in Palampur village

• 1,1

• 2,1

• 1,2

• 0,0

_______ is the main activity in Palampur

• Farming

• Business

• Dancing

• Transportation

How many upper caste families are there in Palampur?

• 140

• 80

• 450

• 160

Name the neighbouring village and town of Palampur ?

• Village - SHAHPUR , town - RAIGANJ

• Village - LAHAN , town - HILGHAT

• Village - RAIGANJ , town - SHASPUR

• None of the above

Four main requirements for production are

• Land , labour, capital , human capital

• Land , air , minerals , trees

• Building , machine , book , tools

• Land , water , petrol , oil

An example of working capital is

• Mobile

• Building

• Machines

• Raw material

An example of fixed capital is

• Raw materials

• Generators

• Seeds

• None of the above