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.
The mortgagor ostensibly sells the mortgaged property in-
As per the Competition Act there shall be an abuse of dominant position if an enterprise or a group _______________
A person who occupies the position of surety as well as agent is called as:
The term negotiable instrument is defined in the Negotiable Instruments Act 1881, under
Which of the following is not true about High Courts in India?
Under Section 198, if a public servant knowingly disobeys any direction of law intending to cause injury, the maximum punishment prescribed is:
Which committee shall be constituted by LIC to recommend remuneration of directors?Â
Which of the following statements is correct?
Which section of Indian Evidence act makes conspiracy as a relevant fact?
Which of the following is not an objective of SEBI______________
