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Accident Control or Prevention
Accident prevention involves removal or control of hazards. It both science and art. It represents above all other things control of human performance, machines performance and physical environment. Control her means prevention as well as correction of unsafe actions and conditions.
Accident prevention requires combination of efforts using:
1. Psychology and philosophy for human behaviours and attitudes and actions.
2. Natural sciences.
3. Engineering/ Technology
4. Medicine, Hygiene etc.
To be effective in hazard control programme it must be planned and should be logical. Programme objectives and safety policies need to be established. Responsibility to the hazard control programme needs to be determined.
QUESTION 1 (a) Explain the various risks faced by an international bank operating in an international market, with emphasis on interest rates and market risks (b) Discuss ho
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