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Problem of Agriculture Sector Video Lecture | Business Economics for CA Foundation

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FAQs on Problem of Agriculture Sector Video Lecture - Business Economics for CA Foundation

1. What are the major challenges faced by the agriculture sector?
Ans. The major challenges faced by the agriculture sector include climate change, limited access to technology and resources, market volatility, lack of infrastructure, and the need for sustainable farming practices.
2. How does climate change affect the agriculture sector?
Ans. Climate change affects the agriculture sector by altering weather patterns, leading to unpredictable rainfall and temperature fluctuations. This can result in crop failures, reduced yields, and increased pest and disease outbreaks.
3. What is the role of technology in agriculture?
Ans. Technology plays a crucial role in agriculture by improving efficiency, productivity, and sustainability. It includes the use of precision farming techniques, such as drones and sensors, to optimize resource allocation and reduce environmental impact.
4. How does market volatility impact farmers in the agriculture sector?
Ans. Market volatility can have a significant impact on farmers in the agriculture sector. Sudden price fluctuations and unpredictable market conditions can affect their income, profitability, and ability to plan for the future.
5. What are sustainable farming practices and why are they important?
Ans. Sustainable farming practices aim to minimize the negative impact of agriculture on the environment while ensuring long-term food security. They include practices such as organic farming, crop rotation, and water conservation, which help preserve natural resources and biodiversity. These practices are important to ensure the sustainability of the agriculture sector and address environmental concerns.
135 videos|190 docs|88 tests
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