Which of the following are not economic resources?

Air

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Water

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Sunlight

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All of the above

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Solution

The correct option is D All of the above
Air, water, and sunlight are all natural resources which fall under land as a factor of production. These are the basic resources required for the production of a product. Capital, labour and organisation are other factors which are considered economical factors.

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Q12. Consider the following statements about South Asia Economic Focus (SAEF):

1. The South Asia Economic Focus is a biannual (twice-a-year) economic update.

2. It presents recent economic developments and a near-term economic outlook for South Asia.

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