“The Government of India has taken various measures to align the agricultural marketing system with the growing production activities in rural areas.”
Do you agree with the given statement? Give any two valid reasons in support of your answer.

Question

Match List-I with List-II \[\begin{array}{|c|c|} \hline \textbf{Types of Production Functions} & \textbf{Their Functional Forms} \\ \hline \text{(A) Translog Production Function} & \text{(I) \( q = \prod_{i=1}^{n} x_i^{a_i} \)} \\ \hline \text{(B) Generalised Leontief Production Function} & \text{(II) \( q = \sum_{i=1}^{n} a_i x_i^{\rho}, \ \rho \leq 1 \)} \\ \hline \text{(C) Cobb Douglas Production Function} & \text{(III) \( q = \sum_{i=1}^{n} a_{ij} x_i x_j \), where \( a_{ij} = a_{ji} \)} \\ \hline \text{(D) Constant Elasticity of Substitution Production Function} & \text{(IV) \( q = a_0 + \sum_{i=1}^{n} a_i \ln x_i + 0.5 \sum_{i=1}^n \ln x_i \)} \\ \hline \end{array}\] Choose the correct answer from the options given below:

Answer 1

Enhanced Infrastructure: The development of storage facilities, including warehouses and cold storage, alongside improved transportation networks, significantly curtails post-harvest spoilage and broadens market reach.
E-NAM Integration: The implementation of the e-NAM platform streamlines agricultural produce trading through digital channels, fostering competitive pricing and strengthening farmer connections to markets.

“The Government of India has taken various measures to align the agricultural marketing system with the growing production activities in rural areas.”
Do you agree with the given statement? Give any two valid reasons in support of your answer.

Show Hint

Solution and Explanation

Top Questions on Production Theory

Questions Asked in CBSE Class XII exam

“The Government of India has taken various measures to align the agricultural marketing system with the growing production activities in rural areas.” Do you agree with the given statement? Give any two valid reasons in support of your answer.

Show Hint

Solution and Explanation

Top Questions on Production Theory

Questions Asked in CBSE Class XII exam

“The Government of India has taken various measures to align the agricultural marketing system with the growing production activities in rural areas.”
Do you agree with the given statement? Give any two valid reasons in support of your answer.