Marketed Surplus
The portion of agricultural produce sold in the market by farmers is called:
- Buffer stock
- Marketed surplus — Correct Answer
- Minimum support price
- Procurement price
Explanation:
Correct Answer Explanation
Marketed surplus is the portion of agricultural produce sold in the market by farmers.
Key Points:
- During Green Revolution, good proportion of rice and wheat was marketed surplus.
- Led to decline in food grain prices.
- Low-income groups benefited from price decline.
- Enabled government to procure and build food stocks.
📚 About this Topic — CH-2: INDIAN ECONOMY 1950–1990
This multiple choice question is from CH-2: INDIAN ECONOMY 1950–1990, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-2: INDIAN ECONOMY 1950–1990 to strengthen your preparation.
