Labour

Q. What is the reward received by labour as a factor of production?

1. Interest
2. Rent
3. Wages
4. Profit

Q.

Success in this examination depends ____ hard work alone. Fill in the blanks.

Q. Which of the following statement(s) about labour as a factor of production is/are true?

1. Labourers are paid wages for their work.
2. The reward received by labour is profits.
3. Labourers use their physical, mental and intellect to carry out the production.
4. All of the above

Q. "Labour" involves the human effort for _____.

1. pleasure only
2. mental satisfaction
3. use of time
4. a wage

Q. Why are household members like housewives and other family members who work at home not considered as labourers?

1. This is because they do not get paid for the work.
2. This is because they are not required to use any intellect to carry out work.
3. This is because their services are limited to one household.
4. All of the above

Q. Which of the following people are considered as labourers?

1. Housewives
2. Carpenters
3. Bus Drivers
4. Cashiers

Q. Which of the following is the duty of labourers in a factory?

1. Manufacturing the product
2. Buying land for setting up the factory
3. Operating machinery
4. Distribution of wages

Q. In a company that makes stainless steel products, the labourers use their skills to earn wages.

1. True
2. False