Read the following passages and answer the items that follow the passages. Your answers to these items should be based on the passages only.

How best can the problems of floods and droughts be addressed so that the losses are minimal and the system becomes resilient? In this context, one important point that needs to be noted is that India gets 'too much' water (about 75% of annual precipitation) during 120 days (June to September) and 'too little' for the remaining 245 days. This skewed water availability has to be managed and regulated for its consumption throughout the year.

Which one of the following best reflects the practical, rational and lasting solution?