Question : Commercialisation of agriculture is an indication of________.
Option 1: income surplus
Option 2: producers surplus
Option 3: consumer surplus
Option 4: marketable surplus
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Correct Answer: marketable surplus
Solution : The correct option is marketable surplus.
The commercialization of agriculture serves as a clear indication that farmers are producing a surplus of goods that can be sold in the market. In this context, "marketable surplus" refers to the portion of agricultural produce that goes beyond the household or local consumption needs of the farmer. Instead of being solely for personal or community sustenance, these surplus agricultural products are intended for commercial purposes, aimed at the broader market.
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Question : Which is used as an Air pollution indication?
Option 1: Algae
Option 2: Fungi
Option 3: Bacteria
Option 4: Lichens
Question : Which among the following is an example of a micro-economic variable?
Option 1: National income
Option 2: Aggregate supply
Option 3: Employment
Option 4: Consumer's equilibrium
Question : The main effect of direct taxes is on:
Option 1: food prices
Option 2: consumer goods
Option 3: capital goods
Option 4: income
Question : Human Development Index (HDI) is an aggregate measure of progress in which of the three dimensions?
Option 1: Health, Education, Income
Option 2: Food security, Employment, Income
Option 3: Agriculture, Industry, Services
Option 4: Height, weight, colour
Question : The income of A is $\frac{2}{3}$ of B's income and the expenditure of A is $\frac{3}{4}$ of B's expenditure. If $\frac{1}{3}$ of the income of B is equal to the expenditure of A, then the ratio of the savings of A to those of B is:
Option 1: 5 : 3
Option 2: 3 : 5
Option 3: 4 : 3
Option 4: 3 : 4
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