hamburger menu
All Coursesall course arrow
adda247
reward-icon
adda247
    arrow
    arrow
    arrow
    Which statement is true?
    Question

    Which statement is true?

    A.

    Commission agents are important for better performance of Rythu bazaars in India

    B.

    Higher the price in the market, more will be the supply of paddy to the market by the farmers

    C.

    Growth in producers' surplus determines the pace of economic development

    D.

    Both (b) and (c)

    Correct option is D


    Both statements (b) and (c) are true. Higher market prices incentivize farmers to supply more produce, and growth in producers' surplus is a key determinant of economic development.
     

    Free Tests

    Free
    Must Attempt

    Fundamentals of Food Safety: Definitions, Additives & Contaminants

    languageIcon English
    • pdpQsnIcon30 Questions
    • pdpsheetsIcon30 Marks
    • timerIcon27 Mins
    languageIcon English
    Free
    Must Attempt

    UPSSSC Cane Supervisor Full Length Mock 01

    languageIcon English
    • pdpQsnIcon100 Questions
    • pdpsheetsIcon100 Marks
    • timerIcon120 Mins
    languageIcon English
    Free
    Must Attempt

    CUET PG Agribusiness Management (ABM) Full Mock Test : 01

    languageIcon English
    • pdpQsnIcon75 Questions
    • pdpsheetsIcon300 Marks
    • timerIcon90 Mins
    languageIcon English
    test-prime-package

    Access ‘DSSSB SO Horticulture’ Mock Tests with

    • 60000+ Mocks and Previous Year Papers
    • Unlimited Re-Attempts
    • Personalised Report Card
    • 500% Refund on Final Selection
    • Largest Community
    students-icon
    354k+ students have already unlocked exclusive benefits with Test Prime!
    Our Plans
    Monthsup-arrow