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    Question

    Risk of losses caused by flaw in the process, events,

    systems etc that disrupt the business operations is called:
    A Credit risk Correct Answer Incorrect Answer
    B Market risk Correct Answer Incorrect Answer
    C Operational risk Correct Answer Incorrect Answer
    D Total risk Correct Answer Incorrect Answer
    E Systematic risk Correct Answer Incorrect Answer

    Solution

    Risk of losses caused by flaw in the process, events, systems etc that disrupt the business operations is called operational risk.

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