n NISM Certifications
NSM General NISM
Medium

What does risk reduction involve?

Practice question from IC 38 Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Avoiding risky activities

  2. B

    Transferring risks to an insurer

  3. Making environmental changes to reduce risk

    Correct answer

  4. D

    Bearing the risk personally

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

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