Question

What trend has been observed in the growth and establishment of financial risk management since the 1970s?

a.

Decline in traditional insurance markets

b.

Decreased reliance on electronic means

c.

Increased exposure to risk and financial volatility

d.

Integration of financial risk management into insurance markets

Answer: (c).Increased exposure to risk and financial volatility Explanation:The growth and establishment of financial risk management since the 1970s is evidence of the world becoming more economically exposed to risk and financial volatility.

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Q. What trend has been observed in the growth and establishment of financial risk management since the 1970s?

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