With reference to the above passage, the following assumptions have been made: 1. Oil producing countries are one of the reasons for high food prices. 2. If there is a food crisis in the world in the near future, it will be in the emerging economies. Which of the above statements is/are valid?

Passage

Policy makers and media have placed the blame for skyrocketing food prices on a variety of factors, including high fuel prices, bad weather in key food producing countries, and the diversion of land to non-food production. Increased emphasis, however, has been placed on a surge in demand for food from the most populous emerging economies. It seems highly probable that mass consumption in these countries could be well poised to create a food crisis.

Question

CSATEasyPrelims 2021Comprehension

With reference to the above passage, the following assumptions have been made:

Oil producing countries are one of the reasons for high food prices.
If there is a food crisis in the world in the near future, it will be in the emerging economies.

Which of the above statements is/are valid?

Explanation

Statement 1 is incorrect because the passage mentions high fuel prices as a factor but does not attribute it specifically to oil-producing countries.

Statement 2 is incorrect because the passage suggests that emerging economies' mass consumption could cause a food crisis but does not state that the crisis will occur specifically in those economies.

Thus, neither assumption is valid.