5 Views

Question : "Capital gains" refers to goods which:

Option 1: serve as a source of raising further capital

Option 2: help in the further production of goods

Option 3: directly go into the satisfaction of human wants

Option 4: find multiple uses


Team Careers360 10th Jan, 2024
Answer (1)
Team Careers360 11th Jan, 2024

Correct Answer: help in the further production of goods


Solution : The correct answer is to help in the further production of goods .

Capital gains are defined as the net profit an investor makes on selling a capital asset that exceeds the purchase price. Capital goods are usually unique, capital-intensive products that are made up of many components. Manufacturers, such as plants and machines, utilise them as fixed assets.

SSC CGL Complete Guide

Candidates can download this ebook to know all about SSC CGL.

Download EBook

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books