Question: a ) What are the ways poor people cope with risk? ( Discuss 6 of them ) b ) Which is more likely to suffer

a) What are the ways poor people cope with risk? (Discuss 6 of them)
b) Which is more likely to suffer from asymmetric information problem and why? (Discuss both adverse
selection and moral hazard)
Crop Insurance
Weather Index Insurance such as rainfall index insurance
c) Why did cattle insurance fail in India?
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