Which of the following sentences is/are true?
i. The projected growth rate of the Indian agriculture sector for FY 2022-23 was 5.5%.
ii. During the Financial Year 2021-22, agricultural exports of India reached to about US$
50.2 billion.
iii. During Kharif Marketing Season 2021- 22, 581.7 lakh metric tons of rice was procured in India.
Show answer & explanation
Correct answer: D
Explanation
The correct answer is Option 4 i.e. Only ii and iii.
The projected growth rate of the Indian agriculture sector for FY 2022-23 was not 5.5%, but around 3.5%, making statement (i) false. However, during the financial year 2021-22, India’s agricultural exports reached approximately US$ 50.2 billion, marking a historic high and confirming statement (ii) as true. Additionally, in the Kharif Marketing Season 2021-22, India procured about 581.7 lakh metric tons of rice, making statement (iii) true. Therefore, only statements (ii) and (iii) are correct, reflecting significant growth in exports and procurement in the agriculture sector during this period.