JKSSB Sub Inspector 2022 Q15 solved answer

JKSSB Sub Inspector - Economy - 2022

View full paper: JK PSI 2022

Question

Which of the following options includes machinery, work plants, equipment, new technology, factories, buildings and goods that are designed to increase the economy's productive potential?

  1. A. Fixed Capital
  2. B. Working Capital
  3. C. Capital Productivity
  4. D. Infrastructure

Answer

Correct option: A - Fixed Capital

Fixed Capital refers to long-lasting assets used repeatedly in the production process without being consumed in a single cycle. This includes machinery, equipment, factories, buildings, tools, and new technologies. These assets contribute to increasing the productive potential of an economy over a long period. Working Capital, by contrast, refers to raw materials, wages, and other inputs consumed in a single production cycle.