1. Define Individual Resources?
2. Define Developed Resources?
3. What are 'Reserves'?
4. What is Net Sown Area?
5. What is gross cropped area?
6. What is waste land?
7. Which factors help in the formati
Answers
1)
Resources which are owned by private individuals are known as individual resources. Plots, fields, house, car, book, etc. are some examples of individual resources.
2)
These are resources which have been surveyed and their quality and quantity have been determined for utilisation. The development of resources depends on technology and level of their feasibility. For example, India has a cumulative total of 2,47,847 million tones of coal resources.
3)
A reserve is a retained earnings secured by a company to strengthen a company’s financial position, clear debt & credits, buy fixed assets, company expansion, legal requirements, investment and other plans. These are usually done to save the cash from being used in other purposes. Reserve funds do not have any legal restrictions so that the company can use it for any purpose.
4)
Net sown area - Net sown area is the total sown area but it will be counted only once irrespective of the number of crops sown in a year.
5)
Gross cropped area is the total area sown with crops and orchards once or more in a year. It also includes the net sown area
6)
Wasteland is the land has not been used for agriculture purposes due to reasons like the land has been barren due to use of fertilizers. The land can't be used for cultivation any more and has lost its fertility.