n NISM Certifications
NSM General NISM
Medium

What does risk retention mean in risk management?

Practice question from IC 38 Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Transferring loss responsibility to another party

  2. B

    Modifying hazardous operations

  3. Bearing the risk and its effects personally

    Correct answer

  4. D

    Reducing losses through education

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

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