GENERAL KNOWLEDGE

GK

ECOLOGY BIODIVERSITY CONSERVATION ENVIRONMENTAL ISSUES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is true when frequency of occurrence of risk is remote but possible?
A
Risk is acceptable.
B
Risk is unacceptable.
C
Risk reduction measures should be implemented.
D
Both (A) and (B) are true.
Explanation: 

Detailed explanation-1: -Frequency is the rate at which a compliance risk occurs. Is it likely that this compliance risk will occur once every 10 years, once a month, or once a day? It is this determination of how often a risk might occur that determines “Frequency of Noncompliance.”

Detailed explanation-2: -In that operation, a risk is acceptable if the probability of an incident occurring and the severity of harm that might result are low, as determined by using a risk assessment matrix.

Detailed explanation-3: -Acceptable risk is the level of potential losses that a society or community considers acceptable given existing social, economic, political, cultural, technical and environmental conditions.

Detailed explanation-4: -Answer : c Plan Risk Response is the process of developing options and actions to enhance opportunities and to reduce the threats to project objectives .

There is 1 question to complete.