Organic Food Price Premium
Organic foods command a higher price of around _____ than conventional ones.
- 1-5 per cent
- 5-10 per cent
- 10-100 per cent — Correct Answer
- 100-200 per cent
Explanation:
Correct Answer Explanation
Organic foods command a higher price of around 10-100 per cent than conventional ones.
Key Points:
- Organic food is growing in popularity across the world.
- Many countries have around 10% of their food system under organic farming.
- Retail chains with green status sell organic food.
- Organic food has more nutritional value than chemically farmed food.
Why Other Options Are Wrong
- A, B, D: The correct premium range is 10-100 per cent.
📚 About this Topic — CH-5: RURAL DEVELOPMENT
This multiple choice question is from CH-5: RURAL DEVELOPMENT, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-5: RURAL DEVELOPMENT to strengthen your preparation.
