Why should crop insurance be understood as having limited usefulness in agriculture?

Question

Answer and explanation

Correct answer: Because it is a support tool for reducing risk, not a complete solution to all farming problems

Insurance can help compensate loss, but prevention and planning are also needed. Exam tip: do not write insurance as a complete solution.

What is the correct answer to this question?

Because it is a support tool for reducing risk, not a complete solution to all farming problems

Why is this the correct answer?

Insurance can help compensate loss, but prevention and planning are also needed. Exam tip: do not write insurance as a complete solution.

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.