What does capital mean?
Answer and explanation
Correct answer: Money or resources used to start or run a business
Capital refers to the funds and other usable assets invested in or made available to start and operate a business. It may include the owner’s money, borrowed funds, equipment, or other resources used productively. Therefore option A is correct. A name, customer opinion, or holiday time may be relevant to business but is not capital itself.
Frequently asked questions
What is the correct answer to this question?
Money or resources used to start or run a business
Why is this the correct answer?
Capital refers to the funds and other usable assets invested in or made available to start and operate a business. It may include the owner’s money, borrowed funds, equipment, or other resources used productively. Therefore option A is correct. A name, customer opinion, or holiday time may be relevant to business but is not capital itself.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: Sources of Business Finance. Topic: Concept, nature and importance of business finance.
