Which of the following is a limitation of the Value at Risk (VaR) approach, a widely used risk management tool, to measuring risk?
A limitation of the value at risk (VaR) approach to measuring risk is that it fails to specify the maximum loss that could occur. VAR statistic has three components - a relatively high level of confidence (typically either 95% or 99%), a time period (a day, a month or a year) and an estimate of investment loss (expressed either in absolute or percentage terms). However, at a 99% confidence level what VAR really means is that in 1% of cases (that would be 2-3 trading days in a year with daily VAR) the loss is expected to be greater than the VAR amount. Value At Risk does not say anything about the size of losses within this 1% of trading days and by no means does it say anything about the maximum possible loss.
Tata Power Renewable Energy Limited has tied up with which state for a 28.12 MW green energy project?
India will easily achieve the target of 50 % share of energy from non-fossil fuels and also the 500-gigawatt (GW) renewable energy capacity before the d...
Which of the following regulatory body is responsible for operationalizing the scheme of Fund of Funds for Startups?
Any security provided to the bank in exchange for a loan is known as ______.
Recently Scientist have found new species of Bamboo dwelling Bat named Glischropus meghalayanus in which state/UT?
A new book called ‘Sachin@50 – Celebrating A Maestro’ has been released on the occasion of legendary cricketer Sachin Tendulkar’s 50th birthda...
Which private sector bank in India has acquire Citibank’s India consumer business for an amount of USD 1.6 billion (Rs 12,325 crores)?
Two new districts have been inaugurated by the Chief Minister of the state ________ naming Manendragarh-Chirmiri-Bharatpur and Sakti.
Which state government has launched a scheme to provide personal loans for prisoners with the aim to improve the living standard of the families of the ...
For many rupees, RBI will issue the Sovereign Green Bonds?