这题好像没有交代清楚是category还是risk分类

问题如下：

Which main risks will directly cause the banks lack of liquidity under climate risks ?

选项：

A.

Physical risks

B.

Transition risks

C.

Liquidity risks

D.

Market risks

解释：

Correct answer: A

Severe natural disasters can trigger a sharp increase in precautionary demand for liquidity by financial institutions, households and corporates and the central bank may have to intervene in order to preserve financial stability.

因为有自然灾害会导致企业和个人会有大量的预防性需求导致挤兑，直接的自然灾害会导致银行缺乏资金，导致流动性降低，所以physical risks是直接导致银行缺乏流动性的原因。