2. Which is the most abundant factor of production in India?
(i) Land (iii) labour
(ii) Capital (iv) tools and machines
3. When was Antyodaya Anna Yojana launched?
(i) 1990 (iii) 1992
(ii) 1980 (iv) 2000
4. Fair price shops sell
(i) Sugar (iii) wheat
(ii) Kerosene (iv) all of the above
5. Which state is associated with AMUL?
(i) Maharashtra (iii) West Bengal
(ii) Gujarat (iv) Kerala
Answers
Answer:
1. Labour as a factor of production is easily available, especially in countries like India. The land is a limited resource that cannot be created. Capital is an expensive factor and hence is not easy to procure. Entrepreneurship requires skill, ability and knowledge.
But, as far as labour is concerned, it can be skilled or unskilled, owing to the unemployment, is easy to procure. Thus, we can say that, out of all the other factors of production, it is most abundant.
Hence, the correct answer is (c)
2. 2000
2000
AAY was launched in December, 2000. It covers the poorest of the poor families from amongst the BPL families covered under Targeted Public Distribution System (TPDS) within the States.
3. all of the above it can also be called as ration shop...
4. state of Gujarat
Amul, is an Indian dairy cooperative society, based at Anand in the Indian state of Gujarat.
2. Ans - Land
3. Ans - 2000
4. Ans - all of the above
5. Ans - State of gujarat