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This type of risk is avoidable through proper diversification.

A. portfolio risk

B. systematic risk

C. unsystematic risk

D. total risk

Answer: Option C

Solution(By Examveda Team)

Unsystematic type of risk is avoidable through proper diversification. Unsystematic risk, also known as specific risk or idiosyncratic risk, is a category of risk that only affects an industry or a particular company. Unsystematic risk is the risk of losing an investment due to company or industry-specific hazard.

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