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Indian Economy 1950-1990
Write a short note on marketed surplus.
Marketed surplus refers to surplus of farmer's output over and above his 'oh farm consumption' (i.e. expected consumption of output by the farmer's family during the year). This surplus is available to the farmers for sale in the market. Hence it is called marketed surplus. By selling the marketable surplus he gets the cash. Marketable surplus is a sign of commercialisation of agriculture.
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Define capitalist economy.
What is a socialist economy?
What is mixed economy?
What is meant by economic growth?
What structural change undergoes with development of the economy?
Name the sectors from which the GDP of a country is derived.
On which idea is the policy of 'land to tiller' is based?
Where is the provision for economic and social planning in our Constitution?
Why is agriculture called the backbone of Indian Economy?
What is meant by agriculture?
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