In an era of globalisation, we need to find appropriate tools to confront the challenges facing agriculture. Commodity futures markets can play a major role in addressing some of these challenges. In order to improve agricultural productivity, we need to encourage private investment including that from individual farmers, and reasonable returns for agriculture produce is a prerequisite for this. The price appreciation in agriculture commodities has failed to match the increase in price of inputs or the price-rise of other commodities, indicating deteriorating terms of trade for agriculture. Our spot markets are fragmented and, being dominated by a large chain of intermediaries, can hardly ensure a fair return for the farmers. Sport transactions, being mostly of line, lack audit trail. Different prices for the same commodity in different parts of the country give rise to arbitrage opportunities for traders. Further driven by the need for immediate cash, most farmers engage in distress sale after harvest when supply exceeds demand and price is at its lowest.
Prices of agricultural produces are comparable throughout the country.

Options

A. If the inference is definitely true' i.e. it properly follows from the statement of facts given.
B. if the inference is probably true though not definitely true' in the light of the facts given.
C. If the data are inadequate, le from the facts given you cannot say whether the inference is likely to be true or false
D. If the inference is 'definitely falsele it cannot possibly be drawn from the facts given for it contradicts the given facts.

Answer

D

Explanation

According to the passage, it is clearly mentioned that there are different prices for the same commodity in different parts of the country.
This contradicts the fact given in the statement.
Therefore, the given inference is definitely false.