Class 11 Economics - Indian Economic Development - Chapter Indian Economy 1950-1990 NCERT Solutions | What is marketable surplus?

Welcome to the NCERT Solutions for Class 11th Economics - Indian Economic Development - Chapter Indian Economy 1950-1990. This page offers a step-by-step solution to the specific question from Exercise 1, Question 5: what is marketable surplus....
Question 5

What is marketable surplus?

Answer

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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