Official Answer Key & Detailed Solution
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Correct Answer: Option (A) — 1, 2 and 3
Concept & Option Breakdown
Standard Reference Verified- Statement 1 is correct: Low literacy and awareness of modern agricultural techniques hinder productivity enhancements, keeping earnings low.
- Statement 2 is correct: Terms of trade usually favor manufactured goods over primary agricultural commodities, leading to value disparity.
- Statement 3 is correct: Capital formation and investment in agriculture have historically lagged behind industrial and service sector investments.
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