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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.
A piece of furniture is marked 60% above its cost price and is sold for Rs. 1,512 after giving two successive discounts of 15% and 10%, respectively. De...
A shopkeeper sold a toy for Rs. 980 after offering a 30% discount on the labeled price. If he had not given the discount, he would have made a 25% profi...
A shopkeeper earns a profit of 30% by selling an article. What would be the approximate percent change in the profit percent, if he had paid 20% less an...
Asha bought a dress and sold it at a profit of 20%. Had she bought it for Rs. 400 less and sold it for Rs. 480 more, she would have earned a profit of 6...
Amit purchased an article and marked it 60% above the cost price and sold it after giving a discount of 15% for Rs. 1530. What will be the selling price...
A person buys 5 tables and 9 chairs for Rs15,400. He sells the tables at 10% profit and chairs at 20% profit. If his total profit on selling all the tab...
A store offered two successive discounts of 8% and 5% on a television and still made a profit of 22%. Find the approximate cost price of the television ...
A merchant sold an article at 20% profit and bought another article with the proceeds. He then sold the second article at a 25% profit. If the original...
Ajay purchased two items for a total of Rs. 750. He sold the first item at an 18% loss and the second item at an 18% profit. The selling prices of both ...
A person incurs a loss of 5% be selling a watch for Rs. 1140. At what price should the watch be sold to earn 5% profit.
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