Which of the following statements correctly defines 'marketed surplus'?
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → The portion of agriculture produce which is sold in the market by the farmers **
The correct definition of ‘marketed surplus’ is: The portion of agricultural produce which is sold in the market by the farmers
Marketed surplus refers specifically to the quantity of produce that farmers actually sell in the market, which may be less than or equal to the total production after retaining some for self-consumption, seeds, or other uses.