Funds used for paying wages, salaries and payments for raw materials are categor...

This question is asking about the classification of funds used for paying wages, salaries, and payments for raw materials. The options provided are liquid capital, circulating capital, fixed capital, and nominal capital.

Liquid capital refers to funds that can easily be converted into cash, such as stocks and bonds. Fixed capital refers to long-term investments in assets like land and buildings. Nominal capital refers to the face value of a company's shares.

The correct answer is circulating capital. This refers to funds used for day-to-day operations of a business, such as paying wages and purchasing raw materials. Circulating capital is also known as working capital, and it includes cash, inventory, and accounts receivable.

Understanding the difference between different types of capital is important for businesses to manage their finances effectively. For more information, please see the recommended textbooks.