The most abundant factor of production is:

Correct option is B

(b) Labour

.Labour is the most abundant factor of production in India, given its large population. The availability of skilled and unskilled workforce supports economic growth.

Information Booster:

• Land is limited and immobile.
• Labour is the human effort used in production.
• Capital includes machines, tools, and financial resources.
• Organisation (Entrepreneurship) manages production factors.
• Labour-intensive industries include agriculture and manufacturing.
• India has a large, young working population.

Additional Information:

• Land is a passive factor; Labour is an active factor.
• Automation reduces dependency on labour.
• Wages are determined by supply and demand of labour.