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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.
Interest payments on public debt are considered part of:
When to accomplish a particular necessity, the Demand of various goods is increased automatically into the market , it is known as ________________ .
Up to what limit, FDI in insurance sector is allowed by the Government of India ?
Priority Sector lending actually means lending to
In economic terms, when is a demand or supply considered inelastic?
Which monetary policy stance is characterized by low interest rates?
Consumer surplus is highest in the case of ________.
A pure Monopoly is when there is single _______.
What does the term "budget set" in economics refer to?
The production function of a firm is a relationship between which two factors?
