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Non-Financial Risk Quiz Questions

This document contains a quiz on concepts related to risk and insurance. It asks multiple choice questions about: 1) Which option is not a non-financial risk. 2) How risks that lead to measurable and non-measurable losses are termed. 3) What type of risk involves a single major event leading to higher claims. The document contains multiple choice questions about risk, peril, insurance, and catastrophe definitions.

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Mohamed Salih Mohamed Azmy
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5 views28 pages

Non-Financial Risk Quiz Questions

This document contains a quiz on concepts related to risk and insurance. It asks multiple choice questions about: 1) Which option is not a non-financial risk. 2) How risks that lead to measurable and non-measurable losses are termed. 3) What type of risk involves a single major event leading to higher claims. The document contains multiple choice questions about risk, peril, insurance, and catastrophe definitions.

Uploaded by

Mohamed Salih Mohamed Azmy
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPSX, PDF, TXT or read online on Scribd

START

QUIZ
Click the correct answer
Which one of the following is not a non-financial risk?

Professional Misconduct
Value of Assets
Misuse of power
Harassment
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Risks that lead to losses that can be measured and cannot be
measured in monetary terms are termed as

Pure and Speculative Risks
Fundamental and Particular Risks
Financial and Non-Financial Risks
Dynamic and Static Risks
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Risks where a single event of major magnitude leads to
significantly higher claims are called

Speculative Risk
Catastrophic Risk
Economic Risk
Fundamental risk
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In Life Insurance what is uncertain?

Death
Peril
Risk
Time of Death
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If the possibility of the occurrence of the event is certain,

Risk will not be covered
Risk will be covered
Risk will be retained
Risk will be transferred
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Any thing that causes the loss or an event or incident that may
cause a loss is called

Risk
Peril
Catastrophe
Accident
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Insurance can compensate only losses which
are..


Only economic
Non-Economic
Sentimental
Not quantifiable
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Uncertainty of outcome is called as


Peril
Risk
Catastrophe
Accident
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Perils differ according to .

Frequency only
Intensity Only
Frequency and Intensity
Intensity and Uncertainty
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