Objective Risk is defined as the relative variation of | Faculties

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Mr. Dubey

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📊 Banking and Insurance

Q. Objective Risk is defined as the relative variation of

(A) Actual loss from expected loss
(B) Expected loss from actual loss
(C) Expected profit from actual loss
(D) Actual loss from expected profit

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✅ Correct Answer: (A) Actual loss from expected loss

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