Question
Risks that could arise due to legal actions or
uncertainty of interpretations of contracts & agreements is calledSolution
The legal risks primarily arise either due to lack of clarity of the documentation of the product or the act of the counterparty. Change in legal environment due to legislative changes and Court interpretations/proceedings also result in legal risk. Legal risk includes risk of non-enforceability of contract or in-correct documentation resulting in the increased probability of loss. Broadly, legal risks may result in (i)Â Â Â Â Â Â Â Â Â Â Â claims against institution, (ii)Â Â Â Â Â Â Â Â Â Â fines, penalties, punitive damages, (iii)Â Â Â Â Â Â Â Â Â unenforceable contracts resulting from defective documentation, and (iv)Â Â Â Â Â Â Â Â loss of institutional reputation
According to the Indo-Nepal Remittance Facility Scheme, what is the maximum number of remittances in a year?
Carnatic music is the Indian classical music mainly associated with ________ India.
Which of the following is NOT a coniferous tree?
What is the minimum locking period for venture capitalists as mandated by the Reserve Bank of India (RBI)?
GIFT City (Gujarat International Finance Tec-City), India's first operational Greenfield smart city and International Financial Services Centre (IFSC), ...
Which among the following is not a Constitutional body?
Chad Sukra festival is celebrated by the Jaintia tribe of ________.
According to the report 'Oil 2023' by the International Energy Agency, in which year is India's growth in oil demand expected to surpass that of China?
Which international organisation assisted North east rural livelihood project?
The Pachmarhi Biosphere Reserve is located in the biogeographical region of the Deccan Peninsula and the Biotic Province of Central India in the state o...
