Question : Production refers to
Option 1: Destruction of utility.
Option 2: Creation of utility .
Option 3: Exchange value .
Option 4: Use of a product.
Latest: SSC CGL 2024 Tier 1 Application for Link Activated | SSC CGL preparation tips to crack the exam
Don't Miss: SSC CGL complete guide
Recommended: Month-wise Current Affairs | Upcoming Government Exams 2023
Correct Answer: Creation of utility .
Solution : The correct option is Creation of utility.
The process of developing products and services that are useful or valuable to consumers is referred to as production. To create output, this Producing goods that fulfill the demands and needs of customers as well as those of society at large is the aim of production, which results in usefulness. This utility may be in the form of convenience, or problem-solving, among others.
Candidates can download this ebook to know all about SSC CGL.
Application | Eligibility | Selection Process | Preparation Tips | Result | Admit Card | Answer Key
Question : Insensitive cultivation refers to:
Question : If $(2+\sqrt{3})a=(2-\sqrt{3})b=1$, then the value of $\frac{1}{a}+\frac{1}{b}$ is:
Question : If $a^{3}+\frac{1}{a^{3}}=2$, then the value of $\frac{a^{2}+1}{a}$ is ($a$ is a positive number):
Question : If $a^{2}+1=a$, the value of $a^{3}$ is:
Question : The value of $(\operatorname{cosec}a-\sin a)(\sec a-\cos a)(\tan a + \cot a)$ is:
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile