Start learning →

Wheat sold to a mill and flour sold to a biscuit maker are examples of:

APublic sector goods
BFree natural goods
CIntermediate goods
DFinal consumer goods
Answer & Solution
Correct answer: C. Intermediate goods
1. They are used up in making biscuits. 2. Only the biscuits reach the consumer. 3. Wheat and flour are intermediate goods. _Source: syllabus Economics, Understanding Economic Development, Chapter 2, Sectors of the Indian Economy._
Practise this question with Quill — UPSC CSE →

Keep practising Planning And Economy

Browse all Planning And Economy questions for UPSC CSE, or explore more Economy topics.

Start a Planning And Economy lesson →
Related questions