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The form of capital that is required for the day-to-day running of production ...

The form of capital that is required for the day-to-day running of production activities is called?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Fixed capital
  • B Social Capital
  • C Circulating capital
  • D Liquid capital
Correct Answer: Option D
Explanation:
Liquid or current capital is the type of capital that is required for the day-to-day running of production activities. They are also changed from one form to another examples are finished goods and money.

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