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Q.

Match the columns


Matrix:


 

Column I

 

Column II

(a)

Goods

(i)

Variety of input during production.

(b)

Green Revolution

(ii)

Commodity.

(c)

Hectare

(iii)

Increase in production of crops

(d)

Physical Capital

(iv)

Measure of area.


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a

a-ii, b-iii, c-iv ,d-i

b

a-iii, b-ii, c-iv, d-i

c

a-i, b-iv, c-ii, d-iii

d

a-iv ,b-ii, c-i, d-iii 

answer is A.

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Detailed Solution

1) Goods:
A commodity is an essential good used in trade and can be exchanged for other items. Most of the time, commodities are used as raw materials to create other products or services.
2) Green Revolution:
The significant increase in food grain production (including rice and wheat) due to pesticides, high-yielding varieties, and improved management methods.
3) Hectare:
Hectare refers to 10,000 square metres of land.
4) Physical Capital:
Physical capital comprises tangible, artificial items that businesses invest in, purchase, and use to produce goods. Physical capital items that are reusable and not used up in the production process, like manufacturing equipment, also fall under the category of fixed capital.
 
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