Question
Which of the following would have the primary
responsibility of understanding the risks run by the bank and ensuring that the risks are appropriately managed?Solution
The primary responsibility of understanding the risks run by the bank and ensuring that the risks are appropriately managed should clearly be vested with the Board of Directors. The Board should set risk limits by assessing the bank’s risk and risk bearing capacity. At organisational level, overall risk management should be assigned to an independent Risk Management Committee or Executive Committee of the top Executives that reports directly to the Board of Directors.
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Select the most appropriate option to substitute the bold segment in the given sentence. If there is no need to substitute it, select No improvement. <...
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Select the most appropriate option that can substitute the bold segment in the given sentence. If there is no need to substitute it, select ‘No substi...
Which of the phrases a, b, c, and d given below in each sentence should replace the word/phrase printed in bold in the sentence to make it grammaticall...
The road accident led to his loss of memory.
With no particular apprehension for his neighbouring future, he fell asleep.
I’ve realised it’s more of a mental challenge (then) a physical one.
Kiribati is a drowning nation that is well (awares) of its fate.
The district police have claimed that the arrest was aimed in preserving peace and maintaining order.
