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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What are raw materials?
💡 Hint: Think of items used before making a final product.
Question 2
Easy
What is working capital?
💡 Hint: It helps in the short-term production process.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What are raw materials?
- Items consumed in production
- Machinery for production
- Storage for produce
💡 Hint: They are what you start with before making something.
Question 2
True or False: Working capital includes only cash.
- True
- False
💡 Hint: Consider the meaning of raw materials.
Solve and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
A small farmer in Palampur wants to modernize his equipment but lacks working capital. Discuss a strategy to secure funding and the potential risks involved.
💡 Hint: Look beyond immediate borrowing; Think about alternative funding sources.
Question 2
Analyze how changes in the availability of raw materials affect the production line of a farming operation in Palampur.
💡 Hint: Think about the supply chain and its impact on production efficiency.
Challenge and get performance evaluation