Q.

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

A. own-account production
B. household capital formation
C. industrial production
D. consumption
Answer» D. consumption
Explanation: The processing of agricultural products; the production of grain by threshing: the production of flour by milling; the curing of skins and the production of leather; the production and preservation of meat and fish products; the preservation of fruit by drying, bottling, etc.; the production of daily products such as butter or cheese; the production of beer, wine or spirits; the production of baskets and mats; etc, come under processing of primary commodities for own consumption.
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