Multiple choice

Match the following columns:

 
Column I (Types of Business Risks) Column II (Causes)
A. Natural Risks 1. Collection of dues from consumers
B. Human Risks 2. Famine
C. Economic Risks 3. Strike at a manufacturing unit

  1. A - 1, B - 2, C - 3

  2. A - 2, B - 1, C - 3

  3. A - 3, B - 2, C - 1

  4. A - 3, B - 1, C - 2

  5. A - 2, B - 3, C - 1
Reveal answer Fill a bubble to check yourself
E Correct answer
Explanation

This is the correct matching. A. Natural risks are risks of losses caused by natural calamities like famine, etc. B. Human risks are risks of losses caused by unexpected events such as strikes, etc. C. Economic risks are risks of losses caused by uncertainities related to collection of dues from consumers or financial problems like rise in interest rates or tax policy changes, etc.

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