Which of the following statement(s) is/are true?

1. Infrastructure plays a crucial role in the working of the modern industrial economy.
2. Modern agriculture is independent of the speedy transport of seeds.
3. Agriculture is also dependent on insurance and banking facilities.
4. Infrastructure has no role in the development of an economy.

A and C only

The correct answer is Option 3: A and C only

Let’s analyze each statement:

1. Infrastructure plays a crucial role in the working of the modern industrial economy.True. Infrastructure such as transportation, communication, and energy systems is essential for the efficient functioning of an industrial economy.

2. Modern agriculture is independent of the speedy transport of seeds. False. Modern agriculture relies on efficient transport systems for timely delivery of seeds, fertilizers, and other inputs.

3. Agriculture is also dependent on insurance and banking facilities. True. Insurance helps protect farmers against risks like crop failure, while banking facilities provide necessary credit and financial services.

4. Infrastructure has no role in the development of an economy. False. Infrastructure is vital for economic development as it supports various sectors including industry, agriculture, and services.