…………. Refers to a situation where outcome is not certain
A) Uncertainty
B) Loss
C) Insurance
D) None of the above
Correct Answer:
Verified
Q1: ….. is a condition in which there
Q2: Relative variation of actual loss from expected
Q3: Risk is measurable……..
A)Loss
B)Profit
C)Uncertainty
D)None of the above
Q5: If any risk is concerned with financial
Q6: ………… another name of fundamental risk
A)Systematic risk
B)Interest
Q7: Pure risk situation are those where there
Q8: Speculative risk is a situation in which……………………
Q9: Changes is technology is a example for
Q10: In static risk.............
A)Losses cannot be predicted
B)Losses can
Q11: Risk which can be measured using numerical
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