Which of the following statements about the Livestock sector in India is/are correct ? 1. Livestock contributed about 25 per cent of gross value added in agriculture 2. It provides self employment to a large segment of population 3. Rapid growth of livest

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Q: 79 (NDA-II/2015)

Which of the following statements about the Livestock sector in India is/are correct ?
1. Livestock contributed about 25 per cent of gross value added in agriculture
2. It provides self employment to a large segment of population
3. Rapid growth of livestock sector can be egalitarian and inclusive
Select the correct answer using the code given below:

question_subject: 

Economics

question_exam: 

NDA-II

stats: 

0,25,14,2,4,8,25

keywords: 

{'livestock sector': [0, 0, 0, 1], 'livestock': [2, 0, 0, 5], 'agriculture': [5, 1, 0, 6], 'india': [8, 1, 7, 13], 'gross value': [0, 0, 0, 3], 'population': [3, 1, 2, 1], 'self employment': [0, 0, 0, 2], 'rapid growth': [1, 0, 1, 4]}

The correct answer is option 4, which states that all three statements are correct. Let`s break down each statement to understand why they are correct:

1. Livestock contributed about 25 per cent of gross value added in agriculture: This means that a significant portion (25%) of the value generated in the agriculture sector in India comes from the livestock sector. Livestock includes activities such as dairy farming, poultry farming, and animal husbandry. Therefore, this statement is correct.

2. It provides self-employment to a large segment of the population: Livestock sector in India provides self-employment opportunities to a large number of people, especially those living in rural areas. Many individuals, especially small-scale farmers, engage in livestock-related activities for their livelihood. Therefore, this statement is also correct.

3. Rapid growth of the livestock sector can be egalitarian and inclusive: This statement implies that when the livestock sector experiences substantial growth, it can benefit all sections of society and promote inclusivity. This growth can lead to job creation, income generation, and improved living standards for both rural and urban communities. Hence, this statement is also correct.

In conclusion, all three statements about the Livestock sector in India are correct, making option 4 the correct answer