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Question

In Treasury operations, 'VaR' is a widely used measure for:

A Estimating the maximum potential loss over a specific time frame.

B Calculating the average profit of a trading desk.

C Monitoring the number of employees in the back office.

D Determining the interest rate on savings accounts.

E Verifying the authenticity of currency notes.

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Relevant for Exams:

IIFCL Grade A/B

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