Question : Which of the following is an example of a common-pool resource?
Option 1: A private beach
Option 2: A toll road
Option 3: A fishery
Option 4: A shopping mall
Correct Answer: A fishery
Solution : The correct answer is (c) A fishery.
A common-pool resource refers to a resource that is non-excludable but rivalrous in nature. This means that it is difficult to exclude individuals from using the resource, and when one person uses it, it diminishes the availability or quality of the resource for others.
In the given options, a fishery best fits the definition of a common-pool resource. A fishery is a natural resource where multiple individuals or fishing companies can access and harvest fish. The fishery is non-excludable because it is challenging to prevent fishing activities in open waters, and it is rivalrous because if one person catches a fish, it reduces the number of fish available for others to catch.
Question : Which of the following is an example of an intangible resource?
Option 1: Financial capital
Option 2: Machinery
Option 3: Intellectual property
Option 4: Raw materials
Question : Which of the following is an example of cultural infrastructure?
Option 1: Airports
Option 2: Museums
Option 3: Power plants
Option 4: Shopping malls
Question : Which of the following is an example of a selection tool?
Option 1: Job analysis
Option 2: Performance appraisal
Option 3: Interview
Option 4: Job description
Question : Which of the following is an example of an objective selection tool?
Option 1: Interview
Option 2: Assessment center
Option 3: Personality test
Option 4: Aptitude test
Question : Which of the following is an example of an external source of recruitment?
Option 1: Employee referrals
Option 2: Promotions
Option 3: Internal transfers
Option 4: Advertisement in newspapers
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