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
What is the name of the supercomputer that is touted to be one of the most powerful in India and has been installed at the Indian Institute of Science (...
Which of the following is a significant challenge mentioned for cities under SBM Urban 2.0?
What was the new business premium (NBP) growth of LIC in August 2024?
By what percentage has Nepal’s Yala Glacier shrunk since the 1970s?
Which of the following private sector bank has launched two new products – loan against deposits and dollar bonds – for non-resident Indians at its ...
Which web conference company has secured a pan-India telecom licence that will enable it to offer telephone services as well to the enterprise customers?
Which State will host the 70th Filmfare Awards in 2025 for the second consecutive year, as per the report?
Which city was awarded the title of “City of Literature” at the 16th annual UNESCO Creative Cities Network (UCCN) conference in Portugal?
The transfer of subsidies and incentives to beneficiaries through the direct benefit transfer (DBT) scheme has reached _______ so far in the current fin...
Which state has become the first state to release its own Wildlife Action plan (2021-30).?
