Fixed capital can be used
Again and again for further production of goods
Once in the life time
Looses its identity in the process of production
Short term capital
The Union Government has unveiled a National Capital Goods Policy 2016. Consider the following statements in this regard.
Which of the above statements is/are incorrect?
1 Only
2 Only
1 and 2 Only
3 Only
Which of the following capital types refers to the physical stock of goods used as inputs in the production process?