Q. Consider the following statements:
Statement-I: Despite the high agricultural production in Argentina, farmers are not selling their produce.
Statement-II: Argentina is facing unfavourable economic and political conditions.
Which one of the following is correct in respect of the above statements?
Answer: A
Notes:
Explanation –
Statement I is correct. Argentina has experienced a bumper harvest, but farmers are holding back on selling their produce.
Statement II is correct. Several unfavourable economic and political conditions, including high inflation, increased taxes, low global prices, delays in easing exchange rate controls and political challenges faced by President Javier Milei’s administration are the reasons behind farmer not selling the produce.
Hence, Statement II provides an explanation for Statement I.
Source: The Hindu