Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

General Knowledge

Topic

Economics

Question:

What do you understand by the term "Marketed surplus"?

Options:

Proportion of agricultural produce sold in the market

Proportion of agricultural produce used for the purpose of consumption

Proportion of agricultural produce used for philanthropic purposes

Total agricultural produce in the market

Correct Answer:

Proportion of agricultural produce sold in the market

Explanation:

Marketed surplus is that quantity of the produce which the producer farmer actually sells in the market, irrespective of the requirements for family consumption, farm needs and other payments.