Question : Statement 1: Agricultural marketing ensures that farmers receive a fair share of the consumer price.
Statement 2: Agricultural marketing involves the elimination of intermediaries in the supply chain.
Option 1: Both statement 1 and statement 2 are true.
Option 2: Both statement 1 and statement 2 are false.
Option 3: Statement 1 is true, but statement 2 is false.
Option 4: Statement 1 is false, but statement 2 is true.
Correct Answer: Statement 1 is true, but statement 2 is false.
Solution : The correct answer is (c) Statement 1 is true, but statement 2 is false.
Agricultural marketing aims to facilitate the fair and efficient exchange of agricultural products between farmers and consumers. While statement 1 is true in the sense that agricultural marketing strives to ensure farmers receive a fair share of the consumer price, statement 2 is false. Agricultural marketing involves a series of activities and intermediaries in the supply chain, including wholesalers, retailers, processors, and distributors, who play a role in the distribution and marketing of agricultural products.