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Q.

Choose the statement that is true/false:

The modern farming method requires a great deal of capital.

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a

True

b

False

answer is A.

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Detailed Solution

The above statement is true.
Due to the high capital requirements of modern farming methods, farmers today demand more funding than ever. It is a systematic approach to raising output. Under this, HYV seeds and other inputs are used to increase productivity. These contemporary techniques use HYV pesticides, insecticides, selective breeding, and chemical fertilisers. Small farmers typically need to borrow money to secure the necessary capital and face severe hardship when trying to return the debt. As a result, capital is also a limited resource in production, especially for small farmers.

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