Question
Which of the following risk(s) does the Chief risk
officer deals with?Solution
A Chief Risk Officer (CRO) is a top level executive responsible for managing risk. As such, he has an integral role in the centralized risk management structure. As such, he deals with all kinds of risks faced by the organization. The RBI defines the roles of the CRO. As per RBI, CRO shall be a senior official in the banks’ hierarchy and shall have the necessary and adequate professional qualification/experience in the areas of risk management. The CRO shall have direct reporting lines to the MD & CEO / Risk Management Committee (RMC) of the Board. In case the CRO reports to the MD & CEO, the RMC shall meet the CRO on one-to-one basis, without the presence of the MD & CEO, at least on a quarterly basis.
Which of the following Statements about the Government Securities is/are True?
I- They are less likely to be defaulted, as backed by the Sover...
The National Institute for Micro, Small and Medium Enterprises (NIMSME), which functions as an apex organisation for MSME training, research, and policy...
How many kilometers of inland waterways will be built to navigable waterways and strategic locations on key international maritime trade routes?
Under credit guarantee scheme for micro and small enterprises, The limit on ceiling for guarantees has been enhanced from Rs. 2 crore to —
Which of the following areas are challenging and need fresh initiatives for development in rural India?
(1) Development of human resources
...Polymorphism in fungi was first observed by:
Which of the following statement is not true about the scheme mentioned in the passage?
I. It aims to develop infrastructure in 500 cities
Which of the following statements accurately reflect the interconnectedness of the Sustainable Development Goals (SDGs)?
Statement A: Achievin...
In the event of non-supply of food grains, how the Government compensate the beneficiaries under the NFSA?
One of the sub-schemes of SMILE is Central Sector Scheme for Comprehensive Rehabilitation for Welfare of Transgender Persons. Which of the following is ...
