Q.1.a. Categorise the following into fixed and working capital : Diesel, Tractor, Units Of Electricity, Cash In Hand. Q.1.b. Explain any two positive and two negative impacts of Green Revolution. Q.2. A farmer sold 100 kg of wheat grains at Rs. 10 per kg to a miller. The miller converted 100 kg of wheat grains into 100 kg of wheat flour and sold it at Rs. 12 per kg. Find the value of production by the miller. Q.3. Describe the infrastructure development of village Palampur.
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Q.1(a): Fixed capital is the capital invested in fixed assets. Whereas, working capital is the capital used to fulfill daily requirements.
The above mentioned items can be categorized as below;
(i) Fixed Capital: Tractor.
(ii)Working Capital: Diesel, Units of Electricity, Cash in Hand.
Q.1(b): The Green revolution was the revolutionary change in the agricultural during the 1960s and 1980s. The Green Revolution had several positive and negative impacts on the lives of the farmers.
(i) Positive Effects: The positive effects of the Green Revolution were;
(i) Increase in the production.
(ii) Increase in productivity of labor.
(iii) Introduction of modern tools of farming.
(ii) Negative Effects: The negative effects of the Green Revolution were;
(i) Increase in use of pesticides and fertilizers
(ii) Decrease in food grain prices.
(iii) Low quality production.
Q.2: In the given scenario, the value of production added by the the miller is:
Rs.2 per kilogram.
This is so, because the price of wheat grain is Rs. 10 per kilogram, however he sells the wheat flour for Rs. 12 per kilogram which shows that his cost of production is Rs.2 per kilogram.
Q.3: The village of Palampur is an agricultural area, just as usually Indian villages are. The main source of income of people of Palampur is the production of crops. Continuous development can be seen in the village. The village has been able to create a good system of transport. Their farming is the main source of earning for the village, which is being developed with time. Other non-farming activities such as dairy farming, small scale manufacturing, transport services and sole set ups can be seen in the area.
The above mentioned items can be categorized as below;
(i) Fixed Capital: Tractor.
(ii)Working Capital: Diesel, Units of Electricity, Cash in Hand.
Q.1(b): The Green revolution was the revolutionary change in the agricultural during the 1960s and 1980s. The Green Revolution had several positive and negative impacts on the lives of the farmers.
(i) Positive Effects: The positive effects of the Green Revolution were;
(i) Increase in the production.
(ii) Increase in productivity of labor.
(iii) Introduction of modern tools of farming.
(ii) Negative Effects: The negative effects of the Green Revolution were;
(i) Increase in use of pesticides and fertilizers
(ii) Decrease in food grain prices.
(iii) Low quality production.
Q.2: In the given scenario, the value of production added by the the miller is:
Rs.2 per kilogram.
This is so, because the price of wheat grain is Rs. 10 per kilogram, however he sells the wheat flour for Rs. 12 per kilogram which shows that his cost of production is Rs.2 per kilogram.
Q.3: The village of Palampur is an agricultural area, just as usually Indian villages are. The main source of income of people of Palampur is the production of crops. Continuous development can be seen in the village. The village has been able to create a good system of transport. Their farming is the main source of earning for the village, which is being developed with time. Other non-farming activities such as dairy farming, small scale manufacturing, transport services and sole set ups can be seen in the area.
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