Question
Vivek is a foreign exchange dealer. He enters into a
forex position and forgets to square the over bought position in a foreign currency. Which of the following risk is Vivek exposed to here?Solution
operational risk is the risk of loss arising from various types of human or technical error. Here the human error of forgetting to square off the position has exposed Vivek to risk of loss in the forex contract. Note - Operational risk has some form of link between credit and market risks. An operational problem with a business transaction could trigger a credit or market risk.
- Choose the alternative which is closest to the opposite in meaning of the bold word in the sentence.
Peter ate heartily with a quip about being a c... Belonging to or occurring in the present
- Select the most appropriate antonym of the bracketed word in the following sentence to fill in the blank.
The Nipah virus is capable of causing dif... Find out the wrongly spelt word and mark that option as the answer.
Choose the word similar in meaning to the given word:
Ubiquitous
 DISPARAGEÂ
 Fill in the blanks with the appropriate antonym of the word in Italic from the options given:
The extravagant banquet was later followed by a...
- Select the most appropriate synonym of the bold word.
She decided to resume her studies after the break.
... Choose the word nearest in meaning to the given word:
MELANCHOLIC
- Choose the word that is most similar in meaning to the bold word.
Her sardonic humor made her the center of attention at the party.
...
