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Exam SCR topic 1 question 37 discussion

Actual exam question from GARP's SCR
Question #: 37
Topic #: 1
[All SCR Questions]

A multinational food and beverage corporation has growing concerns that CO2 and other GHGs in the atmosphere have a negative effect on agricultural productivity. The corporation is subject to higher costs and scarce availability for commodities necessary for its supply chain.
The corporation will disclose this scenario under which climate-related risk type?

  • A. Market
  • B. Resilience
  • C. Chronic
  • D. Resource efficiency
Show Suggested Answer Hide Answer
Suggested Answer: C 🗳️
by Bianca_Mene at April 14, 2023, 6:30 p.m.

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79861dd
7 months ago
Selected Answer: A
Table 6.1 Only Market risk is mentioned as climat risk type
upvoted 1 times
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Gs2410
1 year, 1 month ago
Selected Answer: C
never read about resilience risk
upvoted 1 times
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Anil_SUPER_STAR
1 year, 1 month ago
Correct Answer C Chronic: This is an example of a chronic (physical) risk. The risk of changes in precipitation patterns caused by CO2 and other GHGs can lead to increased operating costs for the corporation. (p. 120)
upvoted 1 times
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Karnitschnig
1 year, 7 months ago
Selected Answer: C
According to Garps practice exam, the answer should be C and there is no such thing as Resilience Risk
upvoted 3 times
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Bianca_Mene
1 year, 7 months ago
Selected Answer: C
I think it should be Chronic - as the same question is Part of GARPs Practice exam.
upvoted 2 times
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