why risk management is needed
DESCRIPTION
NO ONE UNDERSTANDS THE IMPORTANCE OF RISK. THIS MIGHT HELPTRANSCRIPT
WHY RISK MANAGEMENT IS NEEDED IN TODAY’S WORLD
Khushali jainIndia
BASIC OF RISK MANAGEMENT
RISK MANAGEMENT IS A TWO-STEP PROCESS –
• determining what risks exist in an investment
• then handling those risks in a way best-suited to your investment objectives.
Risk management occurs everywhere in the financial world. It occurs when an investor buys low-risk government bonds over more risky corporate debt, when a fund manager hedges their currency exposure with currency derivatives and when a bank performs a credit check on an individual before issuing them a PERSONAL line of credit
DEFINATION OF RISK MANAGEMENT BYTHE ECONOMICS
TIMESS
HOW TO OVER COME RISK ?
SOME TYPES OF RISKS IN INDIA
A TYPE OF RISK
Mumbai floods
Landslide’s in India
Manmade disaster
Drought in India
Farmers in India facing risk
All over survey
• Risk cannot be prevented completely BUT precautions can reduce the intensity of the CAUSED HARM.
• RISK MANAGEMENT IS A MUST IN ANY FIELD.
LOSING 1,00,000 or 10,000 ITS IN OUR HANDS.
CHOICE IS OURS
PREVENTION IS BETTER THAN CURE