A good is identified as a final goodif it is not processed further by a producer. Final goods are items that are ultimately consumed rather than used in the production of another good.
For example, a car sold to a consumer is a final good; the tires used in the production of the car are intermediate goods.
English
80 Questions
160 Marks
60 Mins English English20 Questions40 Marks12 Mins English English80 Questions160 Marks60 Mins EnglishWhat does the term 'frictional unemployment' refer to in economics?
Which of the following is/are related to the Special Economic Zone (SEZ)?
I. Import of goods for free domestic procurement or operations, maintenance and development of SEZ units.
II. There is a single window clearance for central and state level approvals.
III. Customs officials do not go for regular inspection of goods for import and export.
Which of the following indicators does not forecast but merely confirms a long-term trend?
What percentage of the Indian population was dependent on agriculture around the time of independence?
The term “Insider Trading” is related to which of the following?
Real money supply in an economy increases due to:
According to the H.P. Economic Survey 2016–17, how many silk yarn reeling units have been set up in Kangra District in the private sector?
Suggested Test Series
Suggested Test Series
