 In this section, I will be telling you about the various kinds of risks that are faced by the households. So in an economy we can, we can split the economy that in an economy there can be three types of sectors. We have the business sector, we have the households and we have the government sector. So we are going to discuss the risk facing each, the risks that are faced by each of these three sectors that constitute an economy. So firstly I will be explaining the risks that are faced by a household. So together we can say put them in five different categories that the households face five different types of risks. The first one is the sickness or the disability or death risk. So this is what, what they can expect if a household is seeing that in future there may be a possibility that I will be not, I will not be able to perform the day to day task because of any disability or accident or there could be a possibility of sickness or again death is a permanent feature of anybody's life so that can also happen. So these are the, this is the first category of the different types of risks that are faced by the households. So we need basically why we are discussing these possible factors that, that cause risk to the households that they will try, they always try the households in their own capacity will try to mitigate the negative as the negative effect of these different types of risks. So in order to have a better planning for mitigation of the risks that are, that they are, they are the different types of risk that they face, it is important to identify, first identify that what could be the possible risks. So the first one is the sickness or the disability and the death risk. The second one is the unemployment risk. So because of any non-performance or any other issues that can happen in an organization or as you, as you saw that because of this recent pandemic, lots and lots of people have lost their jobs, unemployment, because businesses are over, like the hotel industry or the restaurant, there were thousands of units of different types of businesses and business entities. We saw it being closed due to the pandemic, due to the corona. So unemployment risk is also another possibility. Then the third type of risk is the consumer durable asset risk. And what does consumer durable asset risk mean? We are very dependent on consumer durable assets to make our day-to-day life easier. For example, we are used to using our fridge, our gadgets, our handsets, our telephones, all these things can cause them harm, they can be theft, they can be spoiled, there can be a fault, if the electricity is affected then the TV is spoiled. And theft can happen, theft can happen, luggage is burnt, any kind of problem can happen. So our consumer durable assets, they are also subject to different types of risks. So we need to understand that as a consumer or household, we need to face the possible risks. The fourth type of risk is the liability risk. Liability risk means that I can go to any situation as a household, as an individual, in which another party's financial claim comes to me. This means that suppose I didn't drive properly and went and made an accident. So my car was broken, I will fix it, but when I hit my car in someone else's car, then the liability risk can be on me. The car that I have broken will put a financial claim on me that I broke their car's light, I will have to give compensation for that. So now I should plan in the household capacity that there can be a possibility, there can be a situation where there can be a liability risk. So this is the fourth type of risk. And the last category of household risks is financial asset risk. When you have made an investment in any financial asset, then you are not sure that what you have been told that you will get an estimate of 6% dividend or you are going to benefit from this particular investment or you are going to benefit from 5 lakhs. This is actually true. So there can be a possibility that instead of 5 lakhs, you will benefit from 6 lakhs. But there can also be a possibility that instead of 5 lakhs, you will benefit from 3.5 lakhs or there can be a loss. Because the business is closed or there can be any kind of problem. For example, you bought a plane and because of COVID, because of the lockdown, the plane was closed for some time, so where will you earn the revenues that you bought the plane with? So how will you return the money? Because of the lockdown, you didn't use it, you didn't have passengers. If nothing happened, then the money and revenue cannot be generated. So in this way, when we are investing in a financial asset or we are purchasing a financial asset, then there is a risk that is called financial asset risk. So when we are talking about the risks facing the households, then we should understand comprehensively that what could be the possible risks that a household faces or can face in the future. So naturally, when you have to make any financial decision, as a household or as a business, what kind of risks do the households have to face? And how can you devise your products or render your services? With which those identified risks can be mitigated and managed. So this information is important for you to know. In the capacity of households and in the capacity of business, the government should also know what kinds of risks are exposed to households. So whatever policies they will make, whatever governance they want to do, they should account for these things and make their policies.