Question
Which category of operational risk events encompasses
losses from KYC and guideline breaches?Solution
Operational risk is the risk of direct and indirect loss resulting from inadequate or failed internal processes, people, & systems or from external events. KYC and guideline breaches are related to Clients, Products & Business Practices operational risk which means losses arising from an unintentional or negligent failure to meet a professional obligation to specific clients (including fiduciary and suitability requirements), or from the nature or design of a product.
Select the related word/letters/number from the given alternatives.
Boat : Stream : : ?  : Track
Select the set in which the numbers are related in the same way as are the numbers of the following set. (NOTE: Operations should be performed on the wh...
Select the number combination of letters that when placed sequentially in the blanks of the given series will complete the series.
B _ D _ _ G B ...
Select the option that is related to the first number in the same way as the third number is related to the fourth number.
345: ? :: 528: 448
Select the option that is related to the sixth number in the same way as the first number is related to the second number and the third number is relate...
Four letter-clusters have been given, out of which three are alike in some manner and one is different. Select the letter-cluster that is different.
Select the option that is related to the fourth number in the same way as the first number is related to the second number and the fifth number is relat...
Select the option that is related to the fifth letter-cluster in the same way as the second letter-cluster is related to the first letter-cluster and t...
- Select the option that is related to fifth term in the same way as the second term is related to the first term and the fourth term is related to the third...
Given set: Â 337, 724, 652