Risk Management — DU B.Com. (Hons.) Previous Year Question Papers

(a) Define Risk. What is the difference between Risk and Uncertainty? Give two examples of each from a business context. (9) (b) Distinguish between Business Risk and Financial Risk. Also explain Systematic and Unsystematic Risk with suitable examples. (9) 2. (a) What do you mean by identification of Business Risk? List and briefly explain any four common sources of Business Risk in an organisation. (10) (b) What is the role of a Risk Manager in a business organisation? Write any four key responsibilities of a Risk Manager. (8) 3. (a) What is Risk Management? State its objectives and explain why it is important for a business. (9) (b) Explain any three techniques of Risk Management. How does diversification help in reducing business risk? (9) (b) What is Stress Testing? Why do businesses conduct stress tests? Explain with a simple example. (9) 5. (a) Define Credit Risk. List its main components and explain why Credit Risk is important for lenders and businesses. (10) (b) What is Financial Leverage? How does excessive financial leverage increase the credit risk of a firm? Explain with a brief example. (8) ¿ jansen la state te bat salaa (9)