Question : Labour intensive technique is chosen in:
Option 1: India
Option 2: USA
Option 3: UK
Option 4: All of the above
Correct Answer: India
Solution : Labour intensive economy is an economy in which more labour and less of capital goods are used like in India. Hence, the correct option is 1.
Question : A labour-intensive technique would be chosen in a:
Option 1: labour-surplus economy
Option 2: capital-surplus economy
Option 3: developed economy
Option 4: developing economy
Question : The technique used where more of labour are used to produce goods and services.
Option 1: Labour-intensive
Option 2: Capital-intensive
Option 3: Both A and B
Option 4: None of the above.
Question : The technique used where more of capital are used to produce goods and services.
Question : Permanent members of the UN Security Council are:
Option 1: USA, UK, Russia, Germany, China
Option 2: USA, Russia, UK, France, China
Option 3: Canada, China, UK, USA, Russia
Option 4: USA, Russia, UK, China, Japan
Question : The supply of labour in the market depends on ________.
Option 1: the proportion of the population in the labour force
Option 2: the number of person-hours put in by each person
Option 3: the size of population
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