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Question

Consider the following statements-
1.Small farmers in Andhra Pradesh borrow from rice mill owners and other money lenders and are forced to sell their produce to them at a lower rate.
2.Rice mill owners in Andhra Pradesh by lending money to the farmers are not only assured of raw materials for their mills but also get it at a price fixed by them.
Which of the above statements is/are wrong?

A
1 only
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B
2 only
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C
both 1 and 2
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D
Neither 1 nor 2
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Solution

The correct option is D Neither 1 nor 2
Both the statement is correct.
1.Small farmers in Andhra Pradesh borrow from rice mill owners and other money lenders and are forced to sell their produce to them at a lower rate.
2.Rice mill owners in Andhra Pradesh by lending money to the farmers are not only assured of raw materials for their mills but also get it at a price fixed by them.

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