Discover the Benefits of Precision Farming

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Questions and Answers

Which segment of the agritech market in India has the highest potential worth?

  • Quality management and traceability
  • Supply chain technology and output markets (correct)
  • Precision agriculture and farm management
  • Financial services

What is one way to address the volatility in input prices and sub-optimal input selection?

  • Introducing quality management and traceability
  • Digitalizing records through farm management
  • Offering better financial services
  • Facilitating input market linkages supported with robust physical infrastructure network (correct)

By how much can precision agriculture enhance yield?

  • 30 percent (correct)
  • 20 percent
  • 10 percent
  • 40 percent

What can digitalizing records through farm management improve?

<p>Operational efficiencies (A)</p> Signup and view all the answers

What is one benefit of introducing quality management and traceability?

<p>Better outcomes in terms of high quality produce (C)</p> Signup and view all the answers

What is the potential worth of the financial services segment in the agritech market in India?

<p>US$4.1 billion (B)</p> Signup and view all the answers

What percentage of farmer households can be served through access to credit?

<p>30 percent (D)</p> Signup and view all the answers

What percentage of farmer households can be served through access to crop insurance or reinsurance?

<p>30 percent (D)</p> Signup and view all the answers

What is the potential worth of the precision agriculture and farm management segment in the agritech market in India?

<p>US$3.4 billion (D)</p> Signup and view all the answers

What is the potential worth of the quality management and traceability segment in the agritech market in India?

<p>US$3.0 billion (B)</p> Signup and view all the answers

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