Read the following statements - Assertion (A) and Reason (R):
Assertion (A) – Farmers borrow from various sources to meet their initial investment on seeds, fertilizers, implements and other family expenses of marriage, death, religious ceremonies etc.
Reason(R) – In farming, gestation period between crop sowing and realisation of income after production is short.
From the given alternatives choose the correct one:
Answer & explanation
Correct answer: option 3
The correct answer is Option 3: Assertion (A) is true but Reason (R) is false.
Assertion (A) – Farmers borrow from various sources to meet their initial investment on seeds, fertilizers, implements and other family expenses of marriage, death, religious ceremonies etc. This is true.
Reason(R) – In farming, gestation period between crop sowing and realisation of income after production is short. This is False. In farming, gestation period between crop sowing and realisation of income after production is quite long.
"Growth of rural economy depends primarily on infusion of capital, from time to time, to realise higher productivity in agriculture and non-agriculture sectors. As the time gestation between crop sowing and realisation of income after production is quite long, farmers borrow from various sources to meet their initial investment on seeds, fertilisers, implements and other family expenses of marriage, death, religious ceremonies etc."