LOG-IN
LOG-IN
100
Q1. What are the different types of Hazards?
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Q2. Explain the difference between objective Risk and Subjective Risk
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Q3. Features of Static Risk
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Q4. What is pure risk?
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Q5. Is all types of risk insurable?
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Q6. Can Risk of living too long can be covered an insurance policy
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Q7. Group various Loss reduction techniques:
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Q8. What is Accumulation Hazard?
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Q9. A unique hazard that have presence in a Group Life Policy is_____
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Q10. Can some risk be ignored?
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Q11. What type of risk can be avoided altogether?
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Q12. Define Accident:
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Q13. Insurance covers fortuitous loss. What is fortuitous Loss?
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Q14. What is fundamental Risk?
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Q15. If both the chance of loss and the severity of loss is low, what risk management can be suggested?
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Q16. What are the different ways to control Risks?
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Q17. Storing gas cylinders next to a heater is an example of which of the following?
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Q18. A brief on disaster took place in Japan between 1932 to 1968 named as Minamata Disease caused by methylmercury poisoning
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Q19. What is Finite Risk Re-insurance cover?
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Q20. What is economic perils?
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Q21. Who sets the obective of implementing a Risk Management Programm in an organisation?
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Q22. What Key Risk Indicators (KRIs) really do?
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Q23. Why most of the Management Assumptions requires risk Analysis?
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Q24. In an organisaition, it is whose responsibility to participate and execute the Risk Management programme?
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Q25. Can Emotional Risk be insured?
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Q26. What is true about human error?
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Q27. How beneficial is Data Loss Insurance?
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Q28. List the various ratios that can help assess an insurance company better:
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Q29. What is a Captive Insurance company?
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Q30. Can Risks be fully eliminated?
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Q31. How the probability of occurrance of an event is measured?
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Q32. While prioritising risks, risks are classified into 5 categories. Identify them?
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Q33. Which are the risks to be addressed first?
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Q34. How risk related to weather conditions with large probability of impact, can be covered with insurance??
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Q35. What is Arson?
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Q36. Concentration of risk is dangerous- Explain
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Q37. What is Systematic Risk?
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Q38. Some examples of Bilogical Hazards:
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Q39. Give some examples of operational Risk ?
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Q40. What is Pure Risk?
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Q41. When a factory establishment need to appoint a qualified Safety Officer?
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Q42. The word Peril is commonly used in the insurance industry. What does Peril means?h
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Q43. What is defined as Hostile Fire?
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Q44. Can outsourcing of activities is the best way to reduce risk?
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Q45. Explain the process of Risk Management
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Q46. What is the ISO standard, if any, for risk managemen?
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Q47. Explain Chronic Losses:
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Q48. What are the different risk identification techniques?
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Q49. Explain Risk retention techniques:
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Q50. Why most of the Management Assumptions requires risk Analysis?
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Q51. How losses cause due to risk are controlled or mitigated by an Organisation?
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Q52. How an organisation attempt to reduce the impact of loss from various risk?
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Q53. Explain what is Fire Load
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Q54. Which Occupancies is considered having Higher Fire Load?
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Q55. How Technological changes can affect the organisational Risks?
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Q56. Can Insurance really reduce or control Risk?
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Q57. What is risk acceptance?
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Q58. What do you mean by Adverse selection in the insurance industry?
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Q59. In a Cost-Benefit Analysis which one is easier to calculate? Cost or Benefit
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Q60. Can you make profit out of insuranace cover?
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Q61. Why Speculative Risks are not insurable?
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Q62. What kind of risk are insurable?
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Q63. Clearly explain the difference between Risk, Peril and Hazard:
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Q64. What is Act of God? Does acts of God are insurable?
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Q65. No Risk should be ignored - Explain
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Q66. Which method can reduce the risk to Zero or almost Zero?
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Q67. What is Risk Tolerance?
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Q68. What type of risk can be avoided altogether?
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Q69. What is Contractual Risk Transfer?
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Q70. How you can protect an organisation against contingencies associated with future loss events?
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Q71. How to evaluate the effectiveness of the product liability risk management program?
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Q72. Explain Business impact analysis (BIA):
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Q73. What are the units of measurements done in Business Impact Analysis?
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Q74. What should be the focus of the management during emergency response phase?
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Q75. How the rule of probabilities is applied in risk management?
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Q76. Explain Crisis Management stages
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Q77. Explain Insurative Model that is used as an analytical framework.
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Q78. What is standard operating procedure (SOP)?
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Q79. What is used to calculate the present value of past losses and future losses in various scenarios?
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Q80. What Fault-tree can identify?
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Q81. Explain Moral Hazard
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Q82. Give some examples of Fundamental Risk
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Q83. A Court judgement may cause huge penalty- Can such a risk is insurable?
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Q84. In what type of risk, losses are more predictable then others?
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Q85. Give some examples of Market Risk:
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Q86. Define Theft:
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Q87. Which risk is controllable by Management?
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Q88. Which Risk management approach attempts to optimize risk coverage for assets as well as Liabilities of an organisation?
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Q89. How you can reduce insurance cost when total loss of an assets is virtually impossible?
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Q90. What is Risk Diversification strategy?
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Q91. The risk which arises because of change in major economic, social, cultural and political factors are known as?
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Q92. Which activity is carried out in Risk evaluation and Assessment stage?
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Q93. In case of a major disaster, the immediate objective of an organisation would be:
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Q94. Explain Insurance securitization
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Q95. How are risks measured?
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Q96. An un-insured person does not consume the risk unto himself/herself, rather:
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Q97. Which one is an example of Retrospective Finite Risk re-insurance?
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Q98. Which industry extensively use HAZOP approach?
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Q99. Which loss is having the nature of resisting any corrective measures and are difficult to eliminate??
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Q100. What is sporadic losses?
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