Q1. In India, agricultural income is calculated by:
A Input method
B Output method Correct
C Commodity flow method
D Expenditure method
Explanation
Agricultural income in India is estimated mainly through the output method, where the value of agricultural production is calculated and adjusted for costs and related components. The input method starts from resources used, so it is not the standard answer for agricultural income estimation here. The commodity flow method is used in national income accounting for tracing goods through production and distribution, but not as the basic method asked in this item. The expenditure method estimates income from spending, which suits aggregate income measurement, not farm output income.