Official Answer Key & Detailed Solution
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Correct Answer: Option (B) — 2 only
Concept & Option Breakdown
Standard Reference VerifiedStatement 1 is incorrect: The Accelerated Irrigation Benefits Programme (AIBP) was initiated during 1996-97 to provide financial assistance (Central Loan Assistance) to States to expedite completion of ongoing major/medium irrigation projects, not to provide loans directly to poor farmers. Statement 2 is correct: The Command Area Development (CAD) Programme was launched in 1974-75 to optimize water use efficiency by bridging the gap between irrigation potential created and utilized.
Major infrastructure programmes like AIBP operate via funding to state governments rather than direct retail loans to farmers.
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