Question : Statement 1: Diversification of agricultural activities promotes income stability for farmers.
Statement 2: Diversification allows farmers to generate income from multiple sources throughout the year.
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:
Both statement 1 and statement 2 are true.
Solution : The correct answer is (a) Both statement 1 and statement 2 are true.
Diversification of agricultural activities does promote income stability for farmers. By diversifying their activities, farmers can reduce their reliance on a single crop or product, which can be affected by market fluctuations or natural disasters. Having multiple sources of income can help farmers mitigate risks and stabilize their overall income.
Furthermore, diversification allows farmers to generate income from multiple sources throughout the year. Different crops or activities may have different growing seasons or production cycles, enabling farmers to have a continuous flow of income throughout the year.
Therefore, both statements 1 and 2 are true, as they accurately describe the benefits of diversification in promoting income stability and generating income from multiple sources for farmers.
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