Podcast
Questions and Answers
How can changes in the level of input and output support, and subsidies impact farming profitability?
How can changes in the level of input and output support, and subsidies impact farming profitability?
- Fluctuate profitability based on unpredictable factors (correct)
- Decrease profitability due to increased costs
- Increase profitability by reducing expenses
- Have no impact on profitability
What is a dimension of institutional risk related to government actions in agricultural commodities?
What is a dimension of institutional risk related to government actions in agricultural commodities?
- Impeding farmers' ability to benefit from market situations (correct)
- Encouraging export opportunities
- Promoting fair competition among farmers
- Price stabilization
Which action does NOT contribute to institutional risk for farmers according to the text?
Which action does NOT contribute to institutional risk for farmers according to the text?
- Encouraging commodity exchanges and derivatives trading (correct)
- Revision of export tariffs
- Imposing a minimum-export price
- Restrictions on purchase and movement of agricultural commodities
What is a significant risk posed by uncertainties regarding subsidies for inputs like fertilizers, power, and irrigation?
What is a significant risk posed by uncertainties regarding subsidies for inputs like fertilizers, power, and irrigation?
How do new technologies like genetically modified crops introduce technology risk in agriculture?
How do new technologies like genetically modified crops introduce technology risk in agriculture?
What information gap adds significant risk to farming practice in India according to the text?
What information gap adds significant risk to farming practice in India according to the text?
Exposure to harmful chemicals and micro-organisms in agriculture is classified as:
Exposure to harmful chemicals and micro-organisms in agriculture is classified as:
What type of mechanism is government-supported crop insurance considered as?
What type of mechanism is government-supported crop insurance considered as?
Which risk does lack of awareness regarding modern agricultural tools like HYV seeds represent?
Which risk does lack of awareness regarding modern agricultural tools like HYV seeds represent?
In India, commodity exchanges primarily serve as a:
In India, commodity exchanges primarily serve as a:
Which type of risk can be caused by delayed monsoons in agriculture?
Which type of risk can be caused by delayed monsoons in agriculture?
What kind of impact does exposure to harmful micro-organisms have on farmers?
What kind of impact does exposure to harmful micro-organisms have on farmers?
What are the two main classifications of risk management mechanisms mentioned in the text?
What are the two main classifications of risk management mechanisms mentioned in the text?
Which type of risk management mechanism involves activities before the occurrence of risk according to the text?
Which type of risk management mechanism involves activities before the occurrence of risk according to the text?
What do informal risk management strategies involve?
What do informal risk management strategies involve?
Which institution is quoted by the World Bank for distinguishing between informal and formal risk management mechanisms?
Which institution is quoted by the World Bank for distinguishing between informal and formal risk management mechanisms?
What is the main focus of formal risk management mechanisms?
What is the main focus of formal risk management mechanisms?
Which term is used in the text to describe mechanisms implemented after the occurrence of a risk?
Which term is used in the text to describe mechanisms implemented after the occurrence of a risk?