Economics: The Story of Village Palampur · Class 9 · CBSE Social Science
Which of the following is categorized as working capital in farming?
Practice question from Economics: The Story of Village Palampur (Class 9 · CBSE Social Science), with the correct answer and a step-by-step solution.
medium · MCQ · Q-6F462E
Which of the following is categorized as working capital in farming?
- A.Tubewell
- B.Tractor
- C.Raw material like seeds and cash in handCorrect answer
- D.Thresher
Solution
Working capital consists of raw materials and money in hand, such as seeds, fertilizers, and cash needed during production. Tubewells and tractors are fixed capital.
More from Economics: The Story of Village Palampur
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