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प्रश्न
Which factor of production is not a hired factor?
विकल्प
Land
Labour
Capital
Entrepreneur
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उत्तर
Entrepreneur
Explanation:
The characteristic that sets entrepreneurs apart from other production factors is that, unlike land, labor, and capital, which are all hired factors, entrepreneurs themselves are not hired. Instead, entrepreneurs hire other factors of production.
संबंधित प्रश्न
Primary factors are
Derived factors are ______ and ______.
Entrepreneurship is otherwise called ______.
What are the primary factors of production?
What are the derived factors of production?
______ are called factors of production.
Use of high yielding variety of seeds of related to productivity of ______.
The reward of an entrepreneur is in the nature of ______.
Which of the following types of capital gets exhausted after its use and gets embodied in the finished product?
What do you mean by 'innovative ability' of an entrepreneur?
Explain complex division of labour with the help of an example.
Explain any three characteristics of capital.
What do you understand by the term 'Capital formation'?
Explain any three factors which affect capital formation.
The Indian labour suffers from low efficiency. Explain your answer with three reasons for low efficiency of Indian labour.
Identify the factors of production of the following case and differentiate between them.
An active and passive factor of production.
Which of the following is not a correct match?
Name the factors of production.
Match the following and select the correct option.
| Factor of Production | Reward of factor of production | ||
| (i) | Land | (A) | Wage |
| (ii) | Labour | (B) | Profit |
| (iii) | Capital | (C) | Rent |
| (iv) | Entrepreneur | (D) | Interest |
Tick the one which does not belong to the following group.
All factors of production are equally mobile.
Match the following:
| Column I | Column II |
| 1. Factors of production | P. Human resources |
| 2. Land | Q. Man-made resources |
| 3. Capital | R. Economic resources |
| 4. Entrepreneur | S. Natural resources |
Choose the correct alternative:
Match the following:
| Factor of Production | Characteristic |
| A. Land | (i) Subject to depreciation |
| B. Mannual labour | (ii) Risk and Bearing |
| C. Capital | (iii) Permanent |
| D. Entrepreneur | (iv) Involves physical work |
Choose the correct alternative:
Which of the following is an example of "Land" as a factor of production?
What does "Labour" refer to in the context of production?
Which statement best represents "Capital" in production?
Why are all four factors (Land, Labour, Capital, Entrepreneurship) important?
