3. Differentiate between the following:
a) Fixed Capital and Working Capital
b) Liberals, Radicals and Conservatives
c) Himadri and Himachal
Answers
A).The primary difference between fixed capital and working capital is that Fixed Capital is the capital which is invested by the company in procuring the fixed assets required for the working of the business whereas working capital is the capital which is required by the company for the purpose of financing its day to day operations.
B) Radicals were a group of people who wanted a nation in which the government was based on majority of country's population. Conservatives: They were a group of people who opposed the radicals and the liberals and believed that the past had to be respected and a change had to be brought through a slow process.
C)Himadri has an average elevation of 6000 m above sea level while the Himachal has an average elevation of 4500 m. The Himadri comprises of the zone of high snow capped mountains well over 8000 m while the Himachal consists of hill stations like Shimla , Nainital , Manali etcosed the radicals and the liberals and believed that the past had to be respected and a change had to be brought through a slow process