Correct option is B
Every economy faces three fundamental problems:
Allocation of resources (what to produce, how to produce, for whom to produce).
Optimum utilization of resources (avoiding waste).
Economic development (growth and progress).
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Question
Which is a central problem of an economy?
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Similar Questions
- 1)
Where was the first edition of the Kho Kho World Cup 2025 held?
- 2)
Which of the following statement(s) is/are correct about the vegetable-carrot?
(A) Fibrous root
(B) Tap root
(C) Aerial root
(D) Storage root
Choose the correct answer from the codes below: - 3)
What is the decimal equivalent of hexadecimal number 31?
- 4)
The FinTech Repository launched by the Reserve Bank of India (RBI) serves as:
- 5)
Who is the current Managing Director & Chief Executive Officer of Federal Bank?
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Which of the following statement(s) is/are correct about the vegetable-carrot?
(A) Fibrous root
(B) Tap root
(C) Aerial root
(D) Storage root
Choose the correct answer from the codes below: - 8)
What is the decimal equivalent of hexadecimal number 31?
- 9)
The FinTech Repository launched by the Reserve Bank of India (RBI) serves as:
- 10)
Who is the current Managing Director & Chief Executive Officer of Federal Bank?
