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What is the correct reason for the usefulness of insurance in agricultural risk management?

Answer and explanation

Correct answer: It may provide partial financial protection during crop loss

Insurance does not remove risk but can help compensate loss. Exam tip: consider insurance as a safety net.

Related tags

Home-ScienceCrop-InsuranceRisk-ManagementLivelihood-SecurityTraditional Occupations In India AgricultureWorkLivelihood And CareerWork Livelihood And CareerHome Science

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