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Subjects
Class 11Home ScienceWork, Livelihood and CareerTraditional occupations in India - AgricultureExpertLevel 7

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

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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.

Tags

home-sciencecrop-insurancerisk-managementlivelihood-security

Frequently asked questions

What is the correct answer to this question?

It may provide partial financial protection during crop loss

Why is this the correct answer?

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

Which subject and chapter does this question cover?

This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Traditional occupations in India - Agriculture.

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