Risk which can be measured using numerical scale are known as

Related MCQs

• One who shares the risk under an insurance policy or policies is known as __________.
• Speculative risk is a situation in which…………………… is possible
• Which of the following is a method of risk identification.
• …………….. is planned retention by which the part or full of the exposure arising a risk factor is retained by the firm
• Risk management follows a systematic process which involves _______ steps.
• Which of the following steps in the risk management process helps in determining sum insured under policies?
• The proportion of the risk which the direct insurer holds on his own account refers to _______
• _______ policy is which covers the risk during all situations.
• The proportion of the risk which the direct insurer holds on his own account refers to ___________
• Risk is measurable……..