When a commodity is produced with low K/L ratio that commodity is ______intensive commodity

Question:

labour

capital

human capital

natural resources

Answer» b. capital

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

Current and capital accounts are examples of

Question:

autonomous transactions

accommodating transactions

unilateral transactions

balance of trade

Answer» a. autonomous transactions

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

Question:

us dollar

pound sterling

sdr

indian rupee.

Answer» c. sdr

Note:

The above multiple-choice question is for all general and Competitive Exams in India.