Question
_________ is the risk of loss that arises due to
breakdown in the internal procedures, people and systems or from external eventsSolution
Operational Risk: Defined as per Basel committee as the risk of loss (direct loss) resulting from inadequate or failed internal processes, people and systems or from external events. The events under operational risk leading to losses could include: 1.   Internal fraud, 2.   External fraud, 3.   Employment practices and workplace safety, 4.   clients, products and business practices, 5.   Damage to physical assets, 6.   Business disruption and system failures, 7.   Execution, delivery and process management            Â
Under the Loan System for delivery of bank credit, UCBs have the freedom to increase the cash credit component beyond 20% or increase the loan component...
Which of the following is a committed cost as disclosed in notes to Balance Sheet?
This practice involves issuing shares at a value greater than their par value, thereby generating additional capital for the company above the original ...
The 29th Conference of Parties (COP-29) in Azerbaijan will emphasize what theme?
Which of the following was/were the necessary steps taken by the government to minimize the impact of inflation and supply shortage on the vulnerable se...
Risks that could arise due to legal actions or uncertainty of interpretations of contracts & agreements is called
Which of the following best describes the position of an investor who is under an obligation to buy the underlying asset in a futures position?
When the shares are issued for consideration other than cash which account will be debited
What is the minimum  amount that needs to be invested in Alternate Investment Fund? Â
What is the maximum amount of ECB any eligible borrower can raise per financial year under the automatic route?
