Question : Which of these is not the reason why 'final' goods are called so?

Option 1: They are meant for final use.

Option 2: They are the last to be consumed.

Option 3: They will not pass through any more stages of production.

Option 4: They are not processed or transformed further.

Question : Goods which are meant either for consumption or for investment are called

Option 1: final goods

Option 2: giffen goods

Option 3: inferior goods

Option 4: intermediate goods

Question : Which of these is not one of the direct outcomes that can be attributed to the industrial sector?

Option 1: Provision of relatively stable employment

Option 2: Doubling of farmers' income

Option 3: Promotion of modernisation

Option 4: Provision of mass consumption manufactured goods

Question : Which of the following is an incorrect statement concerning public goods?

Option 1: Usually, public goods are provided by the government.

Option 2: Consumption of public goods by people is rivalrous in nature.

Option 3: It is not easy to collect fees for public goods from every individual.

Option 4: Public goods are non-excludable in nature.

Question : Final goods are divided into:

Option 1: raw materials and semi-finished goods

Option 2: single goods and composite goods

Option 3: consumption goods and capital goods

Option 4: war goods and civilian goods