[amp_mcq option1=”Assured market” option2=”Minimum Support Price” option3=”Access to credit” option4=”All of the above” correct=”option1″]<\/p>\n
The correct answer is: All of the above<\/strong>.<\/p>\n Contract farming is a type of agricultural production in which farmers agree to grow crops or raise livestock according to specifications set by a buyer. The buyer may provide the farmer with seeds, fertilizer, and other inputs, and may also agree to purchase the crop or livestock at a predetermined price.<\/p>\n Contract farming has become increasingly popular in Punjab in recent years. This is due to a number of factors, including:<\/p>\n Overall, contract farming has a number of benefits for farmers in Punjab. It provides them with an assured market, a minimum support price, access to credit, and technical support. These benefits have helped to make contract farming a popular choice for farmers in the state.<\/p>\n In addition to the above, contract farming can also help to improve the quality of produce, as farmers are more likely to follow good agricultural practices when they have a contract with a buyer. It can also help to reduce post-harvest losses, as the buyer is often responsible for transporting and storing the produce.<\/p>\n However, there are also some potential drawbacks to contract farming. For example, farmers may be less likely to innovate if they are tied to a contract. They may also be at risk of exploitation by unscrupulous buyers.<\/p>\n Overall, contract farming can be a beneficial arrangement for both farmers and buyers. However, it is important to ensure that the terms of the contract are fair and that farmers are aware of the risks involved.<\/p>\n","protected":false},"excerpt":{"rendered":" [amp_mcq option1=”Assured market” option2=”Minimum Support Price” option3=”Access to credit” option4=”All of the above” correct=”option1″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[991],"tags":[],"class_list":["post-68274","post","type-post","status-publish","format-standard","hentry","category-punjab-gk-mcq","no-featured-image-padding"],"yoast_head":"\n\n