In the NCERT glossary, ‘inventories’ are:
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → The unsold goods, unused raw materials or semi-finished goods which a firm carries from a year to the next
Inventories are the stock a firm has not sold or used up. They are carried from one year into the next.
NCERT (2026-27), Introductory Macroeconomics, Glossary: “Inventories – The unsold goods, unused raw materials or semi-finished goods which a firm carries from a year to the next.” |