Question : Which activity is not included in production ?
Option 1: Production of wheat by a farmer
Option 2: Production of medicines by a company
Option 3: Services given by a nurse in hospital
Option 4: Services done by a house-wife in her own house
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Correct Answer: Services done by a house-wife in her own house
Solution : Correct Answer is Services done by a house-wife in her own house
Producing goods and services to meet consumer demands is known as production. The process yields the final product. Land, capital, labor, and organization make up the four factors of production. A housewife's personal services performed in her own home are not counted toward production. Since we are aware that an economy only associates production with economic activities, this activity is referred to as a "non-economic activity."
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Question : Select the option that expresses the given sentence in passive voice.
She is building a new house.
Option 1: A new house is being built by her.
Option 2: She had built a new house.
Option 3: She has built a new house.
Option 4: A new house has been built by her.
Question : Select the most appropriate option that can substitute the underlined segment in the given sentence. Her hopes for building her own house were beaten when she lost her jewellery box.
Option 1: house were defeated when
Option 2: house were frustrated when
Option 3: house were relieved when
Option 4: house were dashed when
Question : Preparation of butter, ghee by a household for their own use is a part of :
Option 1: own-account production
Option 2: household capital formation
Option 3: industrial production
Option 4: consumption
Question : Select the correct passive voice form for the given sentence.
Rashi was writing a letter to her husband.
Option 1: A letter was being written by Rashi to her husband.
Option 2: A letter were being written by Rashi to her husband.
Option 3: A letter was been written by Rashi to her husband.
Option 4: A letter were been written by Rashi to her husband.
She might have completed her research by that time.
Option 1: Her research might be completed by her by that time.
Option 2: Her research might had been completed by her by that time.
Option 3: Her research might have been completed by her by that time.
Option 4: Her research might have completed by her by that time.
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