Multiple Choice Questions on The portion of agricultural produce which the farmer actually sells in the market after satisfying h........... for Common University Entrance Test (CUET) Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    The portion of agricultural produce which the farmer actually sells in the market after satisfying his domestic need is called : –

    Profitable

    Incorrect Answer

    Marketed Surplus

    Correct Answer

    Cost surplus

    Incorrect Answer

    None of the above

    Incorrect Answer
    Explanation:

    - Option 1: Profitable

    This refers to the condition when income from the sales exceeds the costs. It is a financial term, not specifically related to the portion sold.

    - Option 2: Marketed Surplus

    This is the correct term used for the portion of agricultural produce that a farmer sells after meeting his own needs. It reflects only the amount available for sale in the market.

    - Option 3: Cost Surplus

    This is not a commonly used term in agricultural economics. It is not the correct option for the given context.

    - Option 4: None of the above

    This would mean that none of the options are correct. However, since "Marketed Surplus" is indeed a correct term, this option does not apply.


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