Which option is correct and kindly explain the answer.
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In my opinion Stress testing is also a quantitative risk measure (against written qualitative)
Sir, the author’s answer is B, and the explanation is below as per the class Stress testing is also a quantitative risk measure (against written qualitative), Right? kindly explain
“The definition of Scenario Testing is incorrect because Scenario Testing a qualitative risk measure that
takes into consideration the potential risk factors that are often non-quantifiable. All other definitions of
risk measure tools are correct.”