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      Question

      Risk faced by financial institutions in which

      advancement of technology does not produce savings in cost is known as _____
      A savings risk Correct Answer Incorrect Answer
      B advance risk Correct Answer Incorrect Answer
      C cost risk Correct Answer Incorrect Answer
      D technology risk Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      Risk faced by financial institutions in which advancement of technology does not produce savings in cost is known as technology risk.

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