n NISM Certifications
NSM General NISM
Medium

What is the role of insurance in risk management?

Practice question from IC 38 Mock Test 12 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Tool for transferring risk

    Correct answer

  2. B

    Risk management technique

  3. C

    Helps minimize risk

  4. D

    Not related to risk management

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

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