SSC
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is an intermediate good-
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Sugar cane used in making sugar
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Sugar cane used in making jaggery
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Sugar used in making cakes
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Bread consumed by households
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Explanation:
Detailed explanation-1: -Intermediate inputs of an industry are the goods and services (including energy, raw materials, semi-finished goods, and services that are purchased from all sources) that are used in the production process to produce other goods or services rather than for final consumption.
Detailed explanation-2: -Definition: Commodities that have been processed but require further processing before they are ready for sale to the final demand user. This includes goods such as flour, cotton yarn, steel mill products, and lumber.
There is 1 question to complete.