Question

Risk faced by financial institutions in which advancement of technology does not produce savings in cost is known as _____

A savings risk Correct Answer Incorrect Answer
B advance risk Correct Answer Incorrect Answer
C cost risk Correct Answer Incorrect Answer
D technology risk Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

Risk faced by financial institutions in which advancement of technology does not produce savings in cost is known as technology risk.

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