This course explains Subsidy Misrepresentation Risk and how the risk of false or misleading subsidy claims is identified, assessed, and governed within Agri & Rural Commercial Credit. It covers the key dimensions of misrepresentation, sector risk, collateral evaluation, and sustainability of rural and agri-enterprise lending, emphasizing the need for structured assessment, clear boundary definition, and independent validation before credit decisions are finalized. The course also distinguishes Subsidy Misrepresentation Risk from broader portfolio diversification strategies, and highlights its role within Fraud, Misrepresentation & Data Quality, including limit setting, exception handling, and escalation to credit committees.