ECONOMICS (CBSE/UGC NET)

ECONOMICS

SAVING AND INVESTING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The uncertainty regarding the outcome of a situation of event.
A
Inflation Risk
B
Return
C
Investment Risk
D
Risk
Explanation: 

Detailed explanation-1: -Risk is an uncertain consequence of an event or an activity with respect to something that humans value (IRGC 2005).

Detailed explanation-2: -Risk is when the probabilities of the possible outcomes are known (such as when tossing a coin or throwing a dice); uncertainty is where the randomness of outcomes cannot be expressed in terms of specific probabilities.

Detailed explanation-3: -Four primary sources of uncertainty in risk assessment and management can be identified: (1) uncertainties about definitions; (2) uncertainties about scientific facts; (3) uncertainties about risk perceptions and atti tudes; and (4) uncertainties about values.

Detailed explanation-4: -Event risk. Variability risk. Ambiguity risk. Emergent risk. 11-Jun-2020

There is 1 question to complete.