Question
The following statements have two blanks which are to
be filled with the options given below. Find the combination/s which can most suitably complete the sentence without altering the meaning of the statement. In an environment marked by heightened uncertainty and rapid financial innovation, regulators have underlined the importance of __________ supervisory frameworks that can anticipate risks early and prevent the build-up of systemic __________ across interconnected financial institutions. A. Reactive B. Proactive C. Cosmetic D. Fragility E. VulnerabilitySolution
Proactive fits risk anticipation, and systemic fragility is the standard policy collocation for economy-wide weakness. Fragile means weak.
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