Texas A&M Master of Agribusiness

USA · Texas A&M University · pg · secondary source

16practice questions written to this syllabus
2subjects

Format

16 months full-time, 39 credits, case-based with a capstone.

Sections

Over the years

Checked against a secondary source (coaching or news site), not the conducting body; re-confirm before relying on it. The test requirement is from mastersportal.

Official source: https://catalog.tamu.edu

Subjects this exam draws on

Commodity Markets, Futures & Options11 questionsAgri Risk Management & Insurance5 questions

Five practice questions, worked

Original questions written to this exam's published syllabus and pattern. Not past papers.

1. Which exchange hosts the benchmark futures contracts for maize (corn) and soybeans?

  1. Euronext Paris (MATIF)
  2. Chicago Board of Trade (CME Group)
  3. Bursa Malaysia Derivatives
  4. ICE Futures Europe
Answer and working

B. Chicago Board of Trade (CME Group)

CBOT, part of CME Group, lists the benchmark corn and soybean contracts. ICE Futures Europe lists robusta coffee, London cocoa and white sugar; Bursa Malaysia lists the crude palm oil benchmark; Euronext lists milling wheat and rapeseed.

Commodity Markets, Futures & Options · Organisation of commodity exchanges

2. The Federal Crop Insurance Corporation of the United States was created by legislation in:

  1. 1980
  2. 1994
  3. 2000
  4. 1938
Answer and working

D. 1938

The Federal Crop Insurance Act of 1938 created the FCIC, first insuring wheat. The 1980 Act brought in private delivery, the 1994 Reform Act introduced catastrophic coverage and the Agricultural Risk Protection Act of 2000 raised subsidies.

Agri Risk Management & Insurance · History of crop insurance

3. Which regulator supervises the Dalian and Zhengzhou commodity exchanges?

  1. Hong Kong Monetary Authority
  2. Ministry of Agriculture and Rural Affairs
  3. China Securities Regulatory Commission
  4. People's Bank of China
Answer and working

C. China Securities Regulatory Commission

Chinese futures exchanges are supervised by the CSRC, and the Futures and Derivatives Law took effect in 2022. The central bank, the agriculture ministry and the Hong Kong Monetary Authority are not the futures regulator.

Commodity Markets, Futures & Options · Regulation of commodity derivatives markets

Practise it, and prove it

These notes are free to read here, with no account.

What the Laisha app adds:

Free for ten days, then a subscription. We would rather write that here than have you find it later.

Open Laisha →