Question

Consider the following statements and choose the correct answer with the help of given Option:

1. The resource intensive approach of modern expensive agriculture has become unmanageable for marginal and small farmers due to very meager or no saving to invest in agriculture.
2. Most of such farmers have resorted to availing credit from various institutions and money lenders but crop failures and low returns from agriculture have forced them to fall in the trap of indebtedness.

Options

• Both the statements are true.

• Only statement I is true.

• Only statement II is true.

• Both the statements are wrong.

Answer 1

Both the statements are true.