Question
Which of the following risk(s) does the Chief risk
officer deals with?Solution
A Chief Risk Officer (CRO) is a top level executive responsible for managing risk. As such, he has an integral role in the centralized risk management structure. As such, he deals with all kinds of risks faced by the organization. The RBI defines the roles of the CRO. As per RBI, CRO shall be a senior official in the banks’ hierarchy and shall have the necessary and adequate professional qualification/experience in the areas of risk management. The CRO shall have direct reporting lines to the MD & CEO / Risk Management Committee (RMC) of the Board. In case the CRO reports to the MD & CEO, the RMC shall meet the CRO on one-to-one basis, without the presence of the MD & CEO, at least on a quarterly basis.
Statements: All writers are lyricists.
Some lyricists are singers.
Conclusions: I. Some writers are singers.
II. Some writers are...
Statements:
Only a few rats are rabbit. ...
Statements :
Some pens are tables.
No table is a book.
Some books are threads
Some threads are boxes.
Conclusions: ...
Statement:
Some pipes are tanks.
All tanks are lids.
All lids are covers.
Conclusion:
I. Some covers are lids.
Statement:
Some dog are tigers.
Only a few tigers are lions.
All lions are cat.
Conclusion:
I. Some dog being lion is...
Conclusions:
A few platforms may be trains.
Some tickets being passenger is a possibility.
Statements:
Statements:All circles are rectangles.
No rectangle is a square.
Conclusions:I. No square is a rectangle.
II. Some rectangles are...
Statements:
All Textiles are Clothes.
Only few Clothes are Inputs.
Only few Inputs are Output.
No Output is a Unit.
C...
Conclusions:
Some pens are pencil.
No pencil is black.
Statements:
- Three statements are given, followed by three conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be at variance w...
