Previous year MCQs

Economy UPPSC 2017 GS-I
Question

What is meant by a Bullock–Capitalist?

Answer & Solution

Answer: (Detailed Solution Below)

Option C: Farmers who have some resources but are not rich

Detailed Solution:

The correct answer is “Farmers who have some resources but are not rich”.
The term "Bullock–Capitalist" is used to describe farmers who own a moderate amount of resources, including bullocks and other agricultural tools, but who are not wealthy or large-scale landowners.

They are typically engaged in farming with limited capital and rely on their own resources for agricultural production. They are not as affluent as big zamindars (landowners) but have more resources compared to poorer farmers.

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