Which one of the following inputs is required in less quantity in case of non-farming activities ?

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Q: 41 (CDS-I/2022)

Which one of the following inputs is required in less quantity in case of non-farming activities ?

question_subject: 

Economics

question_exam: 

CDS-I

stats: 

0,174,99,174,53,25,21

keywords: 

{'less quantity': [0, 0, 0, 1], 'labour': [6, 0, 8, 23], 'inputs': [0, 0, 0, 5], 'land': [0, 0, 0, 1], 'raw material': [2, 1, 2, 8], 'capital': [31, 3, 12, 18]}

The correct answer is option 1: Land.

In non-farming activities, such as manufacturing or service industries, the input of land is required in lesser quantity compared to farming activities.

Here is a breakdown of the other options to better understand why land is required in less quantity:

- Option 2: Labour is the human resource involved in any kind of economic activity. In non-farming activities, a significant amount of labor is generally required.

- Option 3: Capital refers to the financial resources used for production. In non-farming activities, capital is also required in substantial quantities to invest in machinery, technology, infrastructure, and other assets.

- Option 4: Raw material is the primary material used to produce goods. While the quantity of raw material required may vary depending on the non-farming activity, it is usually higher compared to land.

Therefore, in the context of non-farming activities, land is the input that is required in less quantity compared to labor, capital, and raw material.