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Question : Statement 1: Diversification of agricultural activities leads to increased farm income through value addition.

Statement 2: Diversification allows farmers to process and market their agricultural products.

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.


Team Careers360 3rd Jan, 2024
Answer (1)
Team Careers360 11th Jan, 2024

Correct Answer: Both statement 1 and statement 2 are true.


Solution : The correct answer is (a) Both statement 1 and statement 2 are true.

Statement 1 is true. Diversification involves expanding farm activities beyond traditional crops and exploring value-added opportunities. By processing and adding value to their agricultural products, farmers can command higher prices in the market and increase their farm income.

Statement 2 is also true. Diversification enables farmers to engage in activities such as food processing, agro-processing, and marketing of value-added agricultural products. By processing and marketing their products, farmers can capture a larger share of the value chain and access higher-value markets, leading to increased income.

Therefore, both statement 1 and statement 2 are true.

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