Quiz- Village Palampur, Economics chap 2

What are the factors of production?

• Capital

• Land

• Labour

• All of these

The purpose of village Palampur is ____________

• To know about the farming practice of Palampur.

• To know about concepts relating to production.

• To know about Green Revolution.

• None of the above.

Which of the following activity is the main source of income in Palampur?

• Agriculture

• Mining

• Manufacturing

• Horticulture

Banking is included in (a)   sector.

(a)   crops are grown during rainy season in village Palampur.

Almost all shopkeepers in Palampur are wholesalers.

• True

• False

Production cannot take place without the necessary raw materials.

• True

• False

Various equipment like tools and machines are known as working capital.

• True

• False

HYV seeds stand for -

• Heavy yielding variety seeds

• High yielding variety seeds

• Half yielding variety seeds

• None of the above

The standard unit of measuring agricultural land is -

• Kilometer

• Guinea

• Bigha

• Hectare