Goods that are brought not for meeting the immediate need of the consumer but for producing other goods are called _______.

This question was previously asked in
NTPC CBT-I (Held On: 16 Jan 2021 Shift 1)
View all RRB NTPC Papers >
  1. Consumer Goods
  2. Capital Goods
  3. Consumption Goods
  4. Final Goods

Answer (Detailed Solution Below)

Option 2 : Capital Goods
Free
RRB NTPC CBT-I Official Paper (Held On: 4 Jan 2021 Shift 1)
5.5 Lakh Users
100 Questions 100 Marks 90 Mins

Detailed Solution

Download Solution PDF

The correct answer is Capital Goods.

  • Capital goods:- Goods that are bought not for meeting the immediate need of the consumer but for producing other goods

Key Points

  • Capital goods:- Goods that are bought not for meeting the immediate need of the consumer but for producing other goods
  • Final goods:- These are those which are used for:
    • Personal consumption (like bread purchased by consumer household), or
    •  Investment or capital formation (like building, machinery purchased by a firm)
  • Intermediate goods:- These are those, which are used for:
    •   Further processing (like sugar used for making sweets), or
    •   Resale in the same year (If car purchased by a car dealer for resale).
  • Consumption goods:- Those goods which satisfy the wants of consumers directly.
Latest RRB NTPC Updates

Last updated on Jun 27, 2025

-> RRB NTPC Under Graduate Exam Date 2025 will be out soon on the official website of the Railway Recruitment Board. 

-> RRB NTPC Exam Analysis 2025 is LIVE now. All the candidates appearing for the RRB NTPC Exam 2025 can check the complete exam analysis to strategize their preparation accordingly. 

-> The RRB NTPC Admit Card will be released on its official website for RRB NTPC Under Graduate Exam 2025.

-> Candidates who will appear for the RRB NTPC Exam can check their RRB NTPC Time Table 2025 from here. 

-> The RRB NTPC 2025 Notification released for a total of 11558 vacancies. A total of 3445 Vacancies have been announced for Undergraduate posts like Commercial Cum Ticket Clerk, Accounts Clerk Cum Typist, Junior Clerk cum Typist & Trains Clerk.

-> A total of 8114 vacancies are announced for Graduate-level posts in the Non-Technical Popular Categories (NTPC) such as Junior Clerk cum Typist, Accounts Clerk cum Typist, Station Master, etc.

-> Prepare for the exam using RRB NTPC Previous Year Papers.

-> Get detailed subject-wise UGC NET Exam Analysis 2025 and UGC NET Question Paper 2025 for shift 1 (25 June) here

More National Income Accounting Questions

Get Free Access Now
Hot Links: real cash teen patti teen patti all game teen patti master new version teen patti pro