Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy:1950-1990

Question:
What do you understand by the term "Marketed surplus"?
Options:
portion of agricultural produce which is consumed by the farmers and their family
proportion of agricultural produce which is sold directly to the final consumer
portion of agricultural produce which is sold in the market by the middlemen
portion of agricultural produce which is sold in the market by the farmers
Correct Answer:
portion of agricultural produce which is sold in the market by the farmers
Explanation:
Due to "Green revolution", the marketed surplus of the farmers increased, which resulted in higher profits. Marketed surplus is that portion of the agricultural produce which is sold in the market by the farmers.