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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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