ECONOMICS

1. Capital as a factor of production is ......... In nature.

• Durable
• Perishable
• Immobile
• Limited

2. Land is a factor of production is ....... In nature.

• Mobile
• Limited
• Active
• Perishable

3. Which of the following options is not a characteristic of land?

• Supply of land is fixed
• Land is a free gift of nature
• Land is an active factor of production
• Land is immobile

4. Lack of divisibility is a problem of .... System of exchange

• Trade
• Barter
• Money
• Capital

5. ....... Possesses general acceptability

• Cheque
• Money
• Bank draft
• Bond