Which of the following statement is FALSE ?

Lower Fixed capital is required for Technological upgradation.

The correct answer is option (1) : Lower Fixed capital is required for Technological upgradation.

The false statement is:

• Lower Fixed capital is required for

Technological upgradation. In reality, technological upgradation often requires a significant investment in fixed capital, such as new machinery, equipment, and technology. Implementing new technologies can be expensive, and organizations typically need to allocate a substantial amount of fixed capital to fund these upgrades. So, the statement that lower fixed capital is required for technological upgradation is false.