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Identify the incorrect statement from the following. Diversification into other sector is essential to enable rural people to overcome poverty. - Economics

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Question

Identify the incorrect statement from the following.

Options

  • Diversification into other sector is essential to enable rural people to overcome poverty.

  • Diversification is an essential component because there is greater link in depending exclusively on farming for livelihood.

  • Diversification provides supplementary gainful employment.

  • Diversification activities are not beneficial.

MCQ
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Solution

Diversification activities are not beneficial.

Explanation:

Diversification initiatives are advantageous because they reduce poverty and create additional job opportunities. It is crucial since relying solely on farming for a living has a higher risk in the absence of diversification.

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2021-2022 (December) Term 1
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