n NISM Certifications
NSM General NISM
Medium

What does "risk avoidance" mean in insurance?

Practice question from IC 38 Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Transferring risk to another party

  2. B

    Managing risk through a portfolio approach

  3. C

    Reducing the impact of risk events

  4. Eliminating exposure to certain risks

    Correct answer

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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