EWT | Academic Question

Questions
Question (1)
QN0021876
Which factor of production must be protected through proper conservation of natural resources?
  • (A) Labour
  • (B) Capital
  • (C) Land
  • (D) Entrepreneur

Correct Answer: C
Explanation:

Land includes all natural resources.

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Question (2)
QN0021877
Which responsibility towards labour ensures that workers are treated justly?
  • (A) Delaying wages
  • (B) Fair payment of wages
  • (C) Reducing safety measures
  • (D) Ignoring worker welfare

Correct Answer: B
Explanation:

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Question (3)
QN0021878
The responsibility of maintaining machinery is mainly related to which factor of production?
  • (A) Labour
  • (B) Land
  • (C) Capital
  • (D) Entrepreneur

Correct Answer: C
Explanation:

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Question (4)
QN0021879
Which factor of production receives wages as its reward?
  • (A) Labour
  • (B) Land
  • (C) Capital
  • (D) Entrepreneur

Correct Answer: A
Explanation:

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Question (5)
QN0021880
A factory pays ₹1,20,000 as wages to 24 workers equally. How much wage does each worker receive?
  • (A) ₹4,000
  • (B) ₹5,000
  • (C) ₹6,000
  • (D) ₹7,000

Correct Answer: B
Explanation:

₹1,20,000 ÷ 24 = ₹5,000.

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Question (6)
QN0021881
Which action shows responsibility towards land?
  • (A) Excessive mining
  • (B) Preventing soil erosion
  • (C) Wasting water
  • (D) Cutting forests indiscriminately

Correct Answer: B
Explanation:

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Question (7)
QN0021882
The reward paid for the use of land is called:
  • (A) Interest
  • (B) Profit
  • (C) Wages
  • (D) Rent

Correct Answer: D
Explanation:

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Question (8)
QN0021883
A business borrows ₹50,000 and pays ₹5,000 as annual interest. What is the interest rate?
  • (A) 5%
  • (B) 8%
  • (C) 10%
  • (D) 12%

Correct Answer: C
Explanation:

(5000/50000) × 100 = 10%.

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Question (9)
QN0021884
Which responsibility towards labour helps improve productivity?
  • (A) Ignoring training
  • (B) Providing skill development
  • (C) Reducing wages
  • (D) Increasing work hazards

Correct Answer: B
Explanation:

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Question (10)
QN0021885
Capital should be used responsibly because:
  • (A) It can be replaced without cost
  • (B) It is unlimited
  • (C) It is valuable and needs maintenance
  • (D) It requires no care

Correct Answer: C
Explanation:

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