GENERAL KNOWLEDGE

Detailed explanation-1: -Marketed surplus is that quantity of the produce which the producer-farmer actually sells in the market, irrespective of his requirements for family consumption, farm needs and other payments. The marketed surplus may be more, less or equal to the marketable surplus.

Detailed explanation-2: -The part of farm produce which is sold in the market is called marketable surplus.

Detailed explanation-3: -In agriculture, marketable surplus represents the surplus of a harvest that can be sold for profit after a farmer sells their crop to cover the costs of maintaining and operating their farm. The farmer has set expenses, including maintenance on machinery, labor costs, fertilizer and the mortgage payment on their land.

Detailed explanation-4: -Marketable surplus for foodgrains, particularly in a deficit state are low and such crops may not be considered as commercial crops in that area. But in Punjab, wheat which is a foodgrain crop is a commercial crop as its marketable surplus is around 85%.