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Question : Preparation of butter, ghee by a household for their own use is a part of :

Option 1: own-account production

Option 2: household capital formation

Option 3: industrial production

Option 4: consumption


Team Careers360 15th Jan, 2024
Answer (1)
Team Careers360 16th Jan, 2024

Correct Answer: consumption


Solution : Correct Answer is consumption

Commodities, also known as primary products or primary goods, are goods that are sold for use or consumption in the same condition in which they were found in the natural world. Examples of commodities include crude oil (petroleum), coal (coal), copper (copper or iron ore), rough diamonds, agricultural products (wheat, coffee beans, cotton, etc.) and are often listed on commodity exchanges.

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