CS/BIRM/SEM-6/BIRM-603/2012
2012
PROJECT & OPERATIONAL RISK MANAGEMENT
Time Allotted : 3 Hours Full Marks : 70
The figures in the margin indicate full marks.
Candidates are required to give their answers in their own words
as far as practicable.
GROUP – A
( Multiple Choice Type Questions )
1. Choose the correct alternatives for the following: 10X1 = 10
i) ..................... is an example of Market Risk.
a) Ethics b) Competition
c) Regulatory obligation d) Theft.
ii) ..................... is willing to take risk.
a) Risk Neutral b) Risk Lover
c) Risk Hater d) Risk Averter.
iii) Safety Audit is used for
a) risk identification b) risk evaluation
c) risk control d) risk transfer.
iv) Father of Project management is
a) Henry Fayol b) F. W. Taylor
c) Henry Gantt d) None of them.
v) ................. refer to measures that reduce the frequency
of a particular loss & severity of a loss after it occurs.
a) Risk identification b) Risk evaluation
c) Risk control d) Risk reduction.
vi) Brainstorming, Delphi Technique are some of the
a) risk mitigation activity
b) operational risk measurement techniques
c) risk identification techniques
d) none of these.
vii) Which of the following is considered as Mother of
Operational Risk Management ?
a) Chartered Insurance Institute
b) BASEL
c) Lloyds
d) IRDA.
viii) .......................... is the cause of loss.