Question

In economics, what does the capital earn as income?

विकल्प

• Wages

• Rent

• Profit

• Interest

Answer 1

Interest

Explanation:

There are four types of factor incomes:

1. Wages are paid for the services of labour.
2. Rent is received for the use of land.
3. Profit is earned for undertaking entrepreneurship.
4. Interest is the income earned on capital.