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Which of the following costs is related to Marginal cost?

A) Fixed cost
B) Implicit cost
C) Prime cost
D) variable cost

Correct Answer:




D) variable cost

Part of solved Industries and Infrastructure questions and answers : General Knowledge >> Economy >> Industries and Infrastructure

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Similar Questions

1). Which one of the following committees recommended the abolition of reservation of items of small scale sector in industry?

A). Abid Hussein Committee

B). Narsimhan Committee

C). Nayak Committee

D). Rakesh Mohan Committee

2). National Renewal Fund was constituted for the purpose of

A). Providing pension for retiring employees

B). Social security

C). Rural reconstruction

D). Reconstruction and modernisation of industries

3). Consider the following statements
1. Public sector also in the telecom, insurance and commercial banking.
2. All industries of public sector are profit oriented.
3. Jobs secured in the public sector industries.
Which of the statements given above is/are correct?

A). 1, 2 and 3

B). 1 and 3

C). 2 and 3

D). Only 2

4). Which one of the following states is industrially the most advanced state in India?

A). Punjab

B). Tamil Nadu

C). Gujarat

D). Maharashtra

5). Which one of the following Industrial Policies has abolished (with a few exception) the Industrial Licensing?

A). Industrial Policy, 1970

B). Industrial Policy, 1980

C). Industrial Policy, 1991

D). Industrial Policy, 1985

6). Division at labour often involves
1. Specialised economic activity
2. highly distinct productive roles
3. involving everyone in many types of activities
4. individuals engage in only a sing activity and are dependent on others meet their various needs
Select the correct answer using the codes given show

A). 1, 3 and 4

B). 1, 2 and 4

C). Only 3

D). 2 and 4

7). Consider the following factors regarding an industry
1. Capital investment
2. Business turnover
3. Labour force
4. Power consumption
Which of the factors given above determine the nature and size of the industry?

A). 1, 2, 3 and 4

B). 1, 2 and 3

C). 1, 3 and 4

D). 3 and 4

8). Consider the following statements
1. The expansion of public sector was based on Industrial Policy Resolution, 1956.
2. Government has announced New Industrial Policy in July, 1991.
3. Government has not announced any Industrial Policy at all.
Which of the statements given above is/are correct?

A). 1, 2 and 3

B). 1 and 2

C). 2 and 3

D). Only 2

9). Why is the Government of India disinvesting its equity in the Central Public Sector Enterprises (CPSEs)?
1. The government intends to use the revenue earn from the disinvestment mainly to pay back the external debt.
2. The government no longer intends to retain the management control of the CPSEs.
Which of the statements given above is/are correct?

A). Only 1

B). Only 2

C). Both 1 and 2

D). Neither 1 nor 2

10). Which of the following industries were established by the Walehand Group of companies prior to independence?
1. Hindustan Aircraft
2. Sciendia Steam Navigation
3. Premier Automobiles
4. Hindustan Motors

A). 2, 3 and 4

B). 1, 2 and 3

C). 1, 2 and 4

D). 1, 3 and 4