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
• B. 2 only
• C. both 1 and 2
• D. Neither 1 nor 2

Answer 1

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.