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What is NOT true about the livestock sector as per the Economic Survey of India 2020?

  1. A
    Livestock sector has been growing at a Compound Annual Growth Rate (CAGR) of 7.9 percent during last five years.
  2. B
    Livestock has a potential to replace the agricultural sector.
  3. C
    Livestock income has become an important secondary source of income for millions of rural families.
  4. D
    It has assumed an important role in achieving the goal of doubling farmer’s income.

Solution & Step-by-step Explanation

According to the Economic Survey of India 2020, the livestock sector acts as a complementary economic powerhouse alongside agriculture and acts as an important secondary source of income, but it does not mean it has the potential to completely replace the crop agriculture sector.

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What is NOT true about the livestock sector as per the Economic Survey of India 2020?
A
Livestock sector has been growing at a Compound Annual Growth Rate (CAGR) of 7.9 percent during last five years.
B
Livestock has a potential to replace the agricultural sector.
C
Livestock income has become an important secondary source of income for millions of rural families.
D
It has assumed an important role in achieving the goal of doubling farmer’s income.

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Economic SurveyAgriculture and Allied SectorsIndian Economy

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