Question : According to Marx, the source of value is
Option 1: Capital
Option 2: Land
Option 3: Labour
Option 4: None of the above
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Correct Answer: Labour
Solution : The correct option is Labour.
The worth of a good is defined by the quantity of socially necessary labour time needed to manufacture it, in accordance with Karl Marx's theory of labor value. In other words, a product's value is determined by the amount of labour used to produce it. In a capitalist society, workers, according to Marx, sell their labour force to capitalists in exchange for a wage. Then, the capitalist owns the means of production and appropriates the excess value produced by the workers' labor. According to Marx, the capitalist's source of profit is this excess value.
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Question : According to Modern Theory of Rent, rent accrues to
Option 1: capital only
Option 2: any factor
Option 3: labour only
Option 4: land only
Question : Intensive agriculture implies _________.
Option 1: bringing more land under cultivation
Option 2: cultivating large farms with moderately low inputs of labour and capital
Option 3: use of more labour and capital inputs on the given land under cultivation
Option 4: spreading farming across more states of India
Question : The land which is not cultivated every year though it is suitable for cultivation:
Option 1: Waste land
Option 2: Pasture land
Option 3: Fallow land
Option 4: Cultivable waste land
Question : Direction: Arrange the leaves according to their size (small to large).
1. Mango leaf 2. Tamarind leaf 3. Papaya leaf 4. Banana leaf
Option 1: 1, 2, 3, 4
Option 2: 3, 2, 4, 1
Option 3: 2, 1, 3, 4
Option 4: 2, 3, 1, 4
Question : If $(2+\sqrt{3})a=(2-\sqrt{3})b=1$, then the value of $\frac{1}{a}+\frac{1}{b}$ is:
Option 1: $1$
Option 2: $2$
Option 3: $2\sqrt{3}$
Option 4: $4$
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