The upper limit of investment in plant and machinery for smallscale industries has been fixed currently at (1) 35 lakhs (2) 45 lakhs (3) 60 lakhs (4) 1 crore

The upper limit of investment in plant and machinery for smallscale industries has been fixed currently at (1) 35 lakhs (2) 45 lakhs (3) 60 lakhs (4) 1 crore
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The upper limit of investment in plant and machinery for small-scale industries has been fixed currently at - (1) Rs. 35 lakhs (2) Rs. 45 lakhs (3) Rs. 60 lakhs (4) Rs. 1 crore

Description : The upper limit of investment in plant and machinery for small-scale industries has been fixed currently at - (1) Rs. 35 lakhs (2) Rs. 45 lakhs (3) Rs. 60 lakhs (4) Rs. 1 crore

Last Answer : (4) Rs. 1 crore Explanation: The upper limit of investment in plant and machinery for small-scale industries has been fixed at Rs. one crore.

Maintain 850 OC for 1 hour (soaking time).  Cool the material to 60 OC in 4 hours. a) Calculate the efficiency of the furnace, if the specific heat of steel is 0.12 kcal/kgOC and fuel oil consumption per batch is 1400 litres.  GCV of fuel oil - 10200 kcal/kg,  Cost of fuel oil - Rs. 46,000/kL,  Sp. gr. of fuel oil - 0.92. b) Due to high cost of oil, the plant management decides to convert to a lower operating cost LPG fired furnace lined on the inside with ceramic fibre insulation and with an operating efficiency of 80%, for same requirement. The investment towards installation of the new furnace is Rs. 50 lakhs. Calculate the Return on Investment, if the plant operates two batches per day and 250 days in a year.  Cost of LPG - Rs. 75/kg,  GCV of LPG - 12500 kcal/kg.

Description : In a heat treatment shop, steel components are heat-treated in batches of 80 Tons. The  heat treatment cycle is as follows;  Increase temperature from 30 OC to 850 OC in 3 hours.  ... efficiency of 80%, for same requirement. The investment towards installation of  the new furnace is Rs. 50

Last Answer : Quantity of steel treated per batch - 80 Tons a. Efficiency of Furnace: Useful heat supplied to steel - 80000 x 0.12 x (850 - 30)   = 7872000 kcal/batch .1 mark Total heat ... = Rs. 64400/batch Efficiency of new LPG furnace - 80% Heat supplied in new LPG furnace - 7872000/0.8

Appointment of full time Company Secretary is compulsory in all those companies, whose paidup share capital is– (A) Rs. 50 lakhs or more (B) Rs. 1 crore or more (C) Rs. 2 crores or more (D) Rs. 3 crores of more

Description : Appointment of full time Company Secretary is compulsory in all those companies, whose paidup share capital is– (A) Rs. 50 lakhs or more (B) Rs. 1 crore or more (C) Rs. 2 crores or more (D) Rs. 3 crores of more

Last Answer : Answer: Rs. 2 crores or more

Purchased cost of equipments for a chemical process plant ranges from __________ percent of the fixed capital investment. (A) 10 to 20 (B) 20 to 40 (C) 45 to 60 (D) 65 to 75

Description : Purchased cost of equipments for a chemical process plant ranges from __________ percent of the fixed capital investment. (A) 10 to 20 (B) 20 to 40 (C) 45 to 60 (D) 65 to 75

Last Answer : (B) 20 to 40

Pick out the wrong statement. (A) The annual depreciation rate for machinery and equipments in a chemical process plant is about 10% of the fixed capital investment (B) Annual depreciation rate of buildings in a chemical plant is about 3% of its initial cost (C) Insurance rates on annual basis in a chemical plant may be about 1% of the fixed capital investment (D) In a chemical industry, research and development cost amounts to about 15% of net sales realisation (NSR)

Description : Pick out the wrong statement. (A) The annual depreciation rate for machinery and equipments in a chemical process plant is about 10% of the fixed capital investment (B) Annual depreciation rate ... chemical industry, research and development cost amounts to about 15% of net sales realisation (NSR)

Last Answer : (D) In a chemical industry, research and development cost amounts to about 15% of net sales realisation (NSR)

Which of the following is not an investment expenditure in goods and services? (1) Expansion of the main plant of a company (2) Purchase of a house (3) Purchase of machinery (4) An increase in business in ventories

Description : Which of the following is not an investment expenditure in goods and services? (1) Expansion of the main plant of a company (2) Purchase of a house (3) Purchase of machinery (4) An increase in business in ventories

Last Answer : (2) Purchase of a house Explanation: Investment expenditure refers to the expenditure incurred either by an Individual or a firm or the government for the creation of new capital assets like ... purchase of house cannot be considered as investment expenditure as it may be for personal use.

Which of the following is not an investment expenditure in goods and services? (1) Expansion of the main plant of a company (2) Purchase of a house (3) Purchase of machinery (4) An increase in business inventories

Description : Which of the following is not an investment expenditure in goods and services? (1) Expansion of the main plant of a company (2) Purchase of a house (3) Purchase of machinery (4) An increase in business inventories

Last Answer :  Purchase of a house

Which of the following international organization is going to invest Rs 60 crore in Aadhar Housing Finance? A) International Monetary Fund B) International Finance Corporation C) Asian Development Bank D) World Bank E) European Investment Bank

Description : Which of the following international organization is going to invest Rs 60 crore in Aadhar Housing Finance? A) International Monetary Fund B) International Finance Corporation C) Asian Development Bank D) World Bank E) European Investment Bank

Last Answer : B) International Finance Corporation Explanation: The World Bank s private sector funding arm International Finance Corporation (IFC) and Wadhawan Global Capital Pvt Ltd are going to raise their ... between them to help the housing loan provider to lower income families double its business.

An investment of Rs. 100 lakhs is to be made for construction of a plant, which will take two years to start production. The annual profit from the operation of the plant is Rs. 20 lakhs. What will be the payback time? (A) 5 years (B) 7 years (C) 12 years (D) 10 years

Description : An investment of Rs. 100 lakhs is to be made for construction of a plant, which will take two years to start production. The annual profit from the operation of the plant is Rs. 20 lakhs. What will be the payback time? (A) 5 years (B) 7 years (C) 12 years (D) 10 years

Last Answer : (B) 7 years

1. The investment limit of small scale industries has been increasing up to __________ crores. 

Description : 1. The investment limit of small scale industries has been increasing up to __________ crores. 

Last Answer : Complete the following statements by choosing the correct alternative: 1. The investment limit of small scale ... HAL (c) MTNL (d) Railways

Who defined investment as "the construction of a new capital asset like machinery or factory building"? (1) Hansen (2) J.M. Keynes (3) Harrod (4) J.R. Hicks

Description : Who defined investment as "the construction of a new capital asset like machinery or factory building"? (1) Hansen (2) J.M. Keynes (3) Harrod (4) J.R. Hicks

Last Answer : (2) J.M. Keynes Explanation: Investment expenditure refers to the creation of new assets i.e. an addition to the stock of existing capital assets. According to Keynes investment demand depends upon ... the rate of interest (IR). Investment demand decreases with the increase in the rate of interest.

Who defined investment as “the construction of a new capital asset like machinery or factory building” ? (1) Hansen (2) J.M. Keynes (3) Harrod (4) J.R. Hicks

Description : Who defined investment as “the construction of a new capital asset like machinery or factory building” ? (1) Hansen (2) J.M. Keynes (3) Harrod (4) J.R. Hicks

Last Answer : J.M. Keynes

The total investment in a project is Rs. 10 lakhs and the annual profit is 1.5 lakhs. If the project life is 10 years, then the simple rate of return on investment is (A) 15% (B) 10% (C) 1.5% (D) 150%

Description : The total investment in a project is Rs. 10 lakhs and the annual profit is 1.5 lakhs. If the project life is 10 years, then the simple rate of return on investment is (A) 15% (B) 10% (C) 1.5% (D) 150%

Last Answer : (C) 1.5%

An investor invested Rs. 5 lakhs in Company Q in 1996. After one year, the entire amount along with the interest was transferred as investment to Company P in 1997 for one year. What amount will be received from Company P, by the investor? A. Rs. 5, 94,550 B. Rs. 5, 80,425 C. Rs. 5, 77,800 D. Rs. 5, 77,500 E. None of these

Description : An investor invested Rs. 5 lakhs in Company Q in 1996. After one year, the entire amount along with the interest was transferred as investment to Company P in 1997 for one year. What amount will be received from Company P, by ... . 5, 80,425 C. Rs. 5, 77,800 D. Rs. 5, 77,500 E. None of these

Last Answer : B. Rs. 5, 80,425

An investor invested a sum of Rs. 12 lakhs in Company P in 1998. The total amount received after one year was re-invested in the same Company for one more year. The total appreciation received by the investor on his investment was? A. Rs. 2, 96,200 B. Rs. 2, 42,200 C. Rs. 2, 25,600 D. Rs. 2, 16,000 E. None of these

Description : An investor invested a sum of Rs. 12 lakhs in Company P in 1998. The total amount received after one year was re-invested in the same Company for one more year. The total appreciation received by the investor on his investment ... 2, 42,200 C. Rs. 2, 25,600 D. Rs. 2, 16,000 E. None of these

Last Answer : C. Rs. 2, 25,600

A company has to choose between two projects whose cash flows are as indicated below; Project 1: i. Investment – Rs. 15 Lakhs ii. Annual cost savings – Rs. 4 lakhs. iii. Bi-annual maintenance cost – Rs. 50,000/- iv. Reconditioning and overhaul during 5th year: 6 lakhs v. Life of the project – 8 years vi. Salvage value – Rs. 5 lakhs Project 2: vii. Investment – Rs. 14 Lakhs viii. Annual cost savings – Rs. 3.5 lakhs. ix. Annual Maintenance cost – Rs. 20,000/- x. Reconditioning and overhaul during 4th year: 5 lakhs xi. Life of the project – 8 years xii. Salvage Value- 2 lakhs Which project should the company choose? The annual discount rate is 12

Description :  A company has to choose between two projects whose cash flows are as indicated  below; Project 1:  i. Investment - Rs. 15 Lakhs ii. Annual cost savings - Rs. 4 lakhs. iii. Bi-annual ... years xii. Salvage Value- 2 lakhs Which project should the company choose? The annual discount rate is 12

Last Answer : Year Project 1 Project 2 Outgo Saving NPV Outgo Saving NPV 0 15.0 0 =-15.0 14.0 0 = -14 1 0 4.0 = (4 / (1+.12)1 = 3.571 0.2 3.5 = (3.3 / (1+.12)1 = 2.95 2 0.5 4.0 = (3.5 / (1+.12)2 = 2.79 0.2 3.5 ... (1+.12)8 = 3.43 0.2 5.5  (3.5+2) = (5.3 / (1+.12)8 = 2.14 NPV = + 2.301 @12% = + 0.15

Reserve Bank announced the cap under Market Stabilisation Scheme (MSS) which has been fixed at Rs 30,000 crore for the current fiscal. MSS was launched in the year A) 2001 B) 2006 C) 2005 D) 2004 E) None of these

Description : Reserve Bank announced the cap under Market Stabilisation Scheme (MSS) which has been fixed at Rs 30,000 crore for the current fiscal. MSS was launched in the year A) 2001 B) 2006 C) 2005 D) 2004 E) None of these

Last Answer : D) 2004 Explanation: The scheme was launched in 2004.Under this scheme securities are issued with the objective of providing the RBI with a stock of securities with which it can intervene in the market for managing liquidity. These securities are issued not to meet the government‘s expenditure.

Mark the correct option relating to age limit a) For WLI & EA policies the insurant should not be less than 19 year an not more than 55 year on the date of next birthday b) For CWLA the upper age limit is 50 year c) The max age limit for 15 and 20 year AEA is 45 and 40 respectively d) Under Ugal suraksha policy age at entry of both the spouses should not be less than 21 year and not more than 45 year. e) All the above

Description : Mark the correct option relating to age limit a) For WLI & EA policies the insurant should not be less than 19 year an not more than 55 year on the date of next birthday b) For CWLA the upper age ... of both the spouses should not be less than 21 year and not more than 45 year. e) All the above

Last Answer : e) All the above

.What is the sum between money spent on bonus by these two companies? a) Rs.72 lakhs b) Rs.62 lakhs c) Rs.60 lakhs d) Rs.65 lakhs e) None of these

Description : .What is the sum between money spent on bonus by these two companies? a) Rs.72 lakhs b) Rs.62 lakhs c) Rs.60 lakhs d) Rs.65 lakhs e) None of these

Last Answer : e) None of these

What is the average domestic investment in the year 2014? (You are not expected to calculate the exact value? a) Rs.2814.28 Crore b) Rs.2519.75 Crore c) Rs.2234.82 Crore d) Rs.3151.51 Crore e) Rs.3329.79 Crore

Description : What is the average domestic investment in the year 2014? (You are not expected to calculate the exact value? a) Rs.2814.28 Crore b) Rs.2519.75 Crore c) Rs.2234.82 Crore d) Rs.3151.51 Crore e) Rs.3329.79 Crore

Last Answer : a) Rs.2814.28 Crore

What is the difference between the total domestic investment and the total foreign investment in the year 2011? a) Rs.6400 Crore b) Rs.6200 Crore c) Rs.6600 Crore d) Rs.7000 Crore e) Rs.7100 Crore

Description : What is the difference between the total domestic investment and the total foreign investment in the year 2011? a) Rs.6400 Crore b) Rs.6200 Crore c) Rs.6600 Crore d) Rs.7000 Crore e) Rs.7100 Crore

Last Answer : c) Rs.6600 Crore

An upper limit of oil content is limited to about __________ percent for achieving efficient and satisfactory level of wax sweating. (A) 5 (B) 15 (C) 40 (D) 60

Description : An upper limit of oil content is limited to about __________ percent for achieving efficient and satisfactory level of wax sweating. (A) 5 (B) 15 (C) 40 (D) 60

Last Answer : (C) 40

Under non medical scheme the age at entry of proponent should not exceed a) 35 years b) 40 years c) 45 years d) No limit

Description : Under non medical scheme the age at entry of proponent should not exceed a) 35 years b) 40 years c) 45 years d) No limit

Last Answer : a) 35 years

If in 2000 nominal GDP is = `70000 Crore and the prices in 2000 were 40% more than the real GDP in 2000 using 1996 as a base year is (a) `45,000 Crore ; (b) `50,000 Crore ; (c) `42,000 Crore ; (d) `98000 Crore

Description : If in 2000 nominal GDP is = `70000 Crore and the prices in 2000 were 40% more than the real GDP in 2000 using 1996 as a base year is (a) `45,000 Crore ; (b) `50,000 Crore ; (c) `42,000 Crore ; (d) `98000 Crore

Last Answer : (b) `50,000 Crore ;

Which of the following assets are dealt with by AS - 10 (Accounting Standard on Fixed Assets)? A. Land, building, plant and machinery, vehicles, furniture and fittings B. Goodwill and patents C. Trademarks and designs D. All of the above

Description : Which of the following assets are dealt with by AS - 10 (Accounting Standard on Fixed Assets)? A. Land, building, plant and machinery, vehicles, furniture and fittings B. Goodwill and patents C. Trademarks and designs D. All of the above

Last Answer : D. All of the above

In Groundnut pegging stage comes after — DAS a. 35 b. 45 c. 55 d. 65

Description : In Groundnut pegging stage comes after — DAS a. 35 b. 45 c. 55 d. 65

Last Answer : c. 55

Grade A eggs are of — gm. Weight ? a. 35 to 40 b. 40 to 45 c. 45 to 50 d. 50 to 53

Description : Grade A eggs are of — gm. Weight ? a. 35 to 40 b. 40 to 45 c. 45 to 50 d. 50 to 53

Last Answer : d. 50 to 53

Which group of the industries maximise savings on transport costs by being located near the sources of materials? (1) Iron and steel, aluminium, cement (2) Iron and steel, sugar, cotton textiles (3) Heavy machinery, cement, sugar (4) Iron and steel, cement, silk

Description : Which group of the industries maximise savings on transport costs by being located near the sources of materials? (1) Iron and steel, aluminium, cement (2) Iron and steel, sugar, cotton textiles (3) Heavy machinery, cement, sugar (4) Iron and steel, cement, silk

Last Answer : (1) Iron and steel, aluminium, cement Explanation: Nearness to source of raw materials is one of the key factors that guide the establishment of such industries as iron and steel, and other metal industries. Besides, they are ... which are used in smelting processes. -------------x-------------

Plant arid machinery are - (1) Producers' goods (2) Consumers' goods (3) Distributors' goods (4) Free goods

Description : Plant arid machinery are - (1) Producers' goods (2) Consumers' goods (3) Distributors' goods (4) Free goods

Last Answer : (1) Producers' goods Explanation: Plant and machinery are Producers' goods. Together with stocks and work in progress, these goods are collectively termed 'Capital'.

Plant and machinery are (1) Producers’ goods (2) Consumers’ goods (3) Distributors’ goods (4) Free goods

Description : Plant and machinery are (1) Producers’ goods (2) Consumers’ goods (3) Distributors’ goods (4) Free goods

Last Answer : Producers’ goods

Payment of water charges by the farmers to the government represents - (1) intermediate consumption (2) final consumption (3) fixed investment (4) inventory investment

Description : Payment of water charges by the farmers to the government represents - (1) intermediate consumption (2) final consumption (3) fixed investment (4) inventory investment

Last Answer : (1) intermediate consumption Explanation: Intermediate consumption is an accounting concept which measures the value of the goods and services consumed as inputs by a process of production. It excludes fixed assets whose ... .g. bulk sugar) or completely used up (e.g. electric power, water, etc).

What is the term in economics for the consumption of fixed capital? a) Investment b) Value added c) Production flow d) Depreciation

Description : What is the term in economics for the consumption of fixed capital? a) Investment b) Value added c) Production flow d) Depreciation

Last Answer : d) Depreciation

n the simple Keynesian model investment is (a) Fixed. (b) A function of level of income. © Either fixed or a function of level of income. (d) None of the above.

Description : n the simple Keynesian model investment is (a) Fixed. (b) A function of level of income. © Either fixed or a function of level of income. (d) None of the above.

Last Answer : © Either fixed or a function of level of income.

Payment of water charges by the farmers to the govern-ment represents (1) intermediate consumption (2) final consumption (3) fixed investment (4) inventory investment

Description : Payment of water charges by the farmers to the govern-ment represents (1) intermediate consumption (2) final consumption (3) fixed investment (4) inventory investment

Last Answer : intermediate consumption

Knife clips are placed with wearing plates spaced to apart a) 20 to 30 b) 45 to 60 c) 20 to 35 d) 30 to 40

Description : Knife clips are placed with wearing plates spaced to apart a) 20 to 30 b) 45 to 60 c) 20 to 35 d) 30 to 40

Last Answer : 20 to 30

At what angle must zig zag bracing be installed? a. 35-55 degree b. 35-60 degree c. 25-45 degree d. 35-70 degree

Description : At what angle must zig zag bracing be installed? a. 35-55 degree b. 35-60 degree c. 25-45 degree d. 35-70 degree

Last Answer : a. 35-55 degree

P and Q can do a piece of job in 24 days; Q and R can do it in 30 days while R and P can finish it in 40 days. If P, Q, Rworks together, in how many days will they finish the job? In how many days will each one of them finish it, working alone? A) 15,25,35,45 B) 20,30,40,120 C) 20,30,40,50 D) 20,25,30,60

Description : P and Q can do a piece of job in 24 days; Q and R can do it in 30 days while R and P can finish it in 40 days. If P, Q, Rworks together, in how many days will they finish the job? In how many days will each ... finish it, working alone? A) 15,25,35,45 B) 20,30,40,120 C) 20,30,40,50 D) 20,25,30,60 

Last Answer : B Time taken by (P + Q) to finish the job = 24days. (P + Q)'s 1 day's job = 1/24 Time taken by (Q +R) to finish the job = 30days. (Q + R)'s 1 day's job = 1/30 Time taken by (R + P) to finish the ... - {(P + Q)'s 1 day's job } = (1/20 -1/24)=1/120 Hence, R alone can finish the job in 120 days.

For a loudness level between 110 and 120 dB, the maximum daily exposure limit is ____ minute (s). A. 1 B. 60 C. 20 D. 45

Description : For a loudness level between 110 and 120 dB, the maximum daily exposure limit is ____ minute (s). A. 1 B. 60 C. 20 D. 45

Last Answer : A. 1

. What is the ratio of the total investment in Metals to that in Machinery? a) 135 : 302 b) 24 : 49 c) 2 : 4 d) 197 : 226 e) 123 : 233

Description : . What is the ratio of the total investment in Metals to that in Machinery? a) 135 : 302 b) 24 : 49 c) 2 : 4 d) 197 : 226 e) 123 : 233

Last Answer : d) 197 : 226

Sugarcane settees are dipped in hot water for two hours having -c temperature a. 50 b. 55 c. 45 d. 60

Description : Sugarcane settees are dipped in hot water for two hours having -c temperature a. 50 b. 55 c. 45 d. 60

Last Answer : a. 50

Sugarcane settees are dipped in hot water for two hours having -c temperature a. 50 b. 55 c. 45 d. 60

Description : Sugarcane settees are dipped in hot water for two hours having -c temperature a. 50 b. 55 c. 45 d. 60

Last Answer : a. 50

In erect groundnut variety drum rolling operation is carried out at — DAS. a. 30 to 45 b. 45 to 55 c. 55 to 60 d. After 60

Description : In erect groundnut variety drum rolling operation is carried out at — DAS. a. 30 to 45 b. 45 to 55 c. 55 to 60 d. After 60

Last Answer : c. 55 to 60

)If the average total cost is Rs.54, total fixed cost is Rs.45000 and quantity produced is 2500 units, find the average variable costs (in Rs.) of the firm - (1) 24 (2) 18 (3) 36 (4) 60

Description : )If the average total cost is Rs.54, total fixed cost is Rs.45000 and quantity produced is 2500 units, find the average variable costs (in Rs.) of the firm - (1) 24 (2) 18 (3) 36 (4) 60

Last Answer : (3) 36 Explanation: The standard method of calculating average variable cost is to divide total variable cost by the quantity, illustrated by this equation : Average Variable Cost = Total Variable Cost/ Quantity of ... , Average Total Cost = 45000/2500 = 18 So Average Variable Cost = 54 - 18= 36

If the average total cost is Rs. 54, total fixed cost is Rs. 45000 and quantity produced is 2500 units, find the average variable costs (in Rs.) of the firm : (1) 24 (2) 18 (3) 36 (4) 60

Description : If the average total cost is Rs. 54, total fixed cost is Rs. 45000 and quantity produced is 2500 units, find the average variable costs (in Rs.) of the firm : (1) 24 (2) 18 (3) 36 (4) 60

Last Answer : 36

Methods of consumer credit scoring are______.(a) Specific Fixed Formula b)Machinery risk formula c) Both)

Description : Methods of consumer credit scoring are______.(a) Specific Fixed Formula b)Machinery risk formula c) Both)

Last Answer : c) Both)

Depreciation is loss in value of _______. (1) Final goods (2) Machinery (3) Capital stock (4) Stock of inventory

Description : Depreciation is loss in value of _______. (1) Final goods (2) Machinery (3) Capital stock (4) Stock of inventory

Last Answer : (2) Machinery Explanation: The term depreciation represents loss or diminution in the value of an asset consequent upon wear and tear, obsolescence, effluxion of time or permanent fall in market value ... furniture, vehicles, plant etc. The wear and tear is general but primary cause of depreciation.

A mixed economy works primarily through the - (1) market mechanism (2) central allocative machinery (3) market mechanism regulated by Government policy (4) market mechanism guided by Government participation and planning

Description : A mixed economy works primarily through the - (1) market mechanism (2) central allocative machinery (3) market mechanism regulated by Government policy (4) market mechanism guided by Government participation and planning

Last Answer : (4) market mechanism guided by Government participation and planning Explanation: Mixed economy is an economic system in which both the state and private sector direct the economy, ... enterprises and the accumulation of capital remain the fundamental driving force behind economic activity.

What does a Leasing Company provide? (1) Machinery and capital equipment on hire (2) Legal guidance in establishing an enterprise (3) Office accommodation on hire (4) Technical consultancy and experts for a fee

Description : What does a Leasing Company provide? (1) Machinery and capital equipment on hire (2) Legal guidance in establishing an enterprise (3) Office accommodation on hire (4) Technical consultancy and experts for a fee

Last Answer : (1) Machinery and capital equipment on hire Explanation: Leasing is a process by which a firm can obtain the use of a certain fixed assets for which it must pay a series of contractual, ... . Leasing provides opportunities to use available money to operate assets that can make more money over time.

Which of the following is active factor of production ? a. Labour b. Capital c. Machinery d. All of these

Description : Which of the following is active factor of production ? a. Labour b. Capital c. Machinery d. All of these

Last Answer : d. All of these

What are Capital goods? a) Goods used for consumption in the production process b) Goods such as tools, machinery, etc which are used to create final consumer goods c) Goods and services that are consumed fully when purchased by the consumers d) None of the above

Description : What are Capital goods? a) Goods used for consumption in the production process b) Goods such as tools, machinery, etc which are used to create final consumer goods c) Goods and services that are consumed fully when purchased by the consumers d) None of the above

Last Answer : : b) Goods such as tools, machinery, etc which are used to create final consumer goods