UPSC Prelims 2024 · GS Paper 1 · Q57
Economy
Medium · Fixed vs working capital
Consider the following pairs of items and their claimed classification as fixed or working capital for a firm:
Item : Classification (as claimed)
1. Plough : Working capital
2. Computer : Fixed capital
3. Yarn : Fixed capital
4. Petrol : Working capital
How many of the above pairs are correctly classified?