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What is Marketable Surplus? - Economics

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प्रश्न

What is marketable surplus?

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उत्तर

Marketable surplus refers to the difference between the total output produced by a farmer and his on-farm consumption. In other words, it is that portion of the total output that the farmer sells in the market.

Marketable surplus = Total farm output produced by farmer – Own consumption of farm output

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पाठ 2: Indian Economy 1950-1990 - Exercise [पृष्ठ ३४]

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एनसीईआरटी Economics - Indian Economic Development [English] Class 12
पाठ 2 Indian Economy 1950-1990
Exercise | Q 5 | पृष्ठ ३४

संबंधित प्रश्‍न

Explain the statement that green revolution enabled the government to procure sufficient food grains to build its stocks that could be used during times of shortage.


In which one of the following countries co-operative farming was the most successful experiment?


Market gardening is practised near urban areas. Why?


What is shifting agriculture known as in the following?
North-east India


Describe the main characteristics of Intensive Subsistence Agriculture. In which parts of the world this type of agriculture is practiced?


List the different uses of minerals in ancient times.


What do you mean by Kolkhoz? How did it begin? Explain its features.


Name any two areas of high latitudes in the world, where gathering economic activity is practised.


Mention any four characteristics of primitive subsistence agriculture.


In which one of the following regions is extensive commercial grain cultivation not practised?


Which sector of the economy takes raw materials from the primary sector and manufactures them into goods?


Land ceiling refers to ______.


All the state government imposed land ceiling in 1960 except?


Which of the following sectors has used the highest percentage of total water in India?


Read the following hypothetical text and answer the given question:

The performance of Indian economy during the period of first seven five year plans (1950-1990) was satisfactory if not very impressive. On the eve of independence, India was an industrially backward country, but during this period of first seven plans our industries became far more diversified, with the stress being laid on the public investments in the industrial sector. The policy of import substitution led to protection of the domestic industries against the foreign producers but we failed to promote a strong export surplus. Although public sector expanded to a large extent but it could not bring desired level of improvement in the secondary sector. Excessive government regulations prevented the natural trajectory of growth of entrepreneurship as there was no competition, no innovation and no modernization on the front of the industrial sector. Many Public Sector Undertakings (PSU’s) incurred huge losses due to operational inefficiencies, red-tapism, poor technology and other similar reasons. These PSU’s continued to function because it was difficult to close a government undertaking even it is a drain on country’s limited resources. On the Agricultural front, due to the measures taken under the Green Revolution, India more or less became self-sufficient in the production of food grains. So the needs for reform of economic policy was widely felt in the context of changing global economic scenario to achieve desired growth in the country.

State whether the given statement is true or false:

Mechanization of the Indian agriculture was one of thecause of Green Revolution in India.


What is the need for a green revolution?


What are the benefits of the green revolution?


What are the factors contributing to land degradation in India?


Read the following text carefully and answer the given questions on the basis of the same and common understanding:

The Green Revolution in India began in the mid-1960s marking a transition from traditional agriculture in India to high-yielding varieties of seeds and the associated modern agricultural techniques. The need for introduction of Green Revolution in India arose due to a shortage of food-grains in the post-independent period.

he government in the post-independent India wanted to ensure self-dependence in terms of food-grain production. Such efforts coincided with the development of high-yielding varieties of seeds of wheat developed by Dr. Norman Borlung and his associates in Mexico. These seeds also necessitated changes in farming techniques such as the addition of fertilizers, pesticides and better irrigation facilities. High yielding varieties of seeds were first introduced in India in the states of Punjab, Haryana and parts of western Uttar Pradesh.

In the early period of the green revolution in India, the focus was to acclimatise the new system with the more resource-intensive agricultural methods. The argument for introducing the new crop varieties was to increase agricultural production in terms of higher crop yields. The seeds introduced during the early period of the green revolution in Punjab were not highyielding by themselves. These high yields were possible due to the seeds being highly responsive to certain inputs such as irrigation water and fertilizers.

The green revolution in India, thus, necessitated a resource-intensive process whereby, those who could make significant capital investments could benefit, whereas, those others became more marginalized in regions affected by practices of the green revolution in India. On one hand, the results derived from the green revolution helped farmers to increase their yield and income and on the other hand, it helped the government to procure and preserve more food grains through agencies like Food Corporation of India. These food grain reserves were helpful in creation of buffer stocks in India, which helped in the situations of adversities.

  1. Why was Green revolution implemented and how did it benefit the farmers?
  2. Justify the following statement with valid explanation:
    ‘Green revolution enabled the government to procure sufficient food grains to build its stocks that could be used during time of shortage’.

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