Question
Legal risk in a bank can lead to which of the
following? I. claims against institution, II. fines, penalties, punitive damages, III. unenforceable contracts resulting from defective documentationSolution
The legal risks primarily arise either due to lack of clarity of the documentation of the product or the act of the counterparty. Change in legal environment due to legislative changes and Court interpretations/proceedings also result in legal risk. Legal risk includes risk of non-enforceability of contract or in-correct documentation resulting in the increased probability of loss. Broadly, legal risks may result in (i) claims against institution, (ii) fines, penalties, punitive damages, (iii) unenforceable contracts resulting from defective documentation, and (iv) loss of institutional reputation
6 boys are sitting on 6 different chairs numbered 1 to 6. A is sitting neither on chair 2 nor on chair 5. F is sitting either on chair 4 or on chair 6....
There are 5 books A, B, C, D & E placed on table. If A is placed below E, C is placed above D, B is placed below A and D is placed above E, then which ...
In a certain code language, 'ADVISORY' is written as 'BFYMRMOU', and 'CHAMPION' is written as 'DJDQOGLJ'. How will 'DESIGNER' be written in that language?
Statement:
A. Some fish are birds.
B. No cat is bird.
Conclusion:
I. No bird is cat.
II. Some birds are fish.
Select the correct combination of mathematical signs to sequentially replace the * signs and balance the given equation.
21 * 3 * 36 * 2 * 23 = 68
In the following question, select the odd group of numbers from the given alternatives.
In a certain code language, ‘strong and mighty’ is written as ‘ui yv tk’ and ‘soft yet strong’ is written as ‘hd tk bw’. How is ‘stron...
Figure A is related to B in a certain pattern. Following the same pattern, figure C is related to D. Study the pattern and select the figure which shou...
Statements:
I. All buildings are towers.
II. No tower is a shop.
III. Some shops are offices.
Conclusions:
I. Som...
‘A # B’ means ‘A is the brother of B’.
‘A @ B’ means ‘A is the daughter of B’.
‘A & B’ means ‘A is the husband of B�...
