Question
What is the alpha factor set by Basel Committee relating
to the industry wide level of required capital for operational risk, under the Basic Indicator Approach?Solution
Basic Indicator approach (BIA): Banks using this approach, bank must hold capital for operational risk equal to the average over the previous three years of a fixed percentage of positive annual gross income. Formula: KBIA= (Sigma (GI...n * alpha)/n · KBIA - capital charge under BIA, · GI annual gross income, · n - number of previous years ( Eg:3) · Alpha factor =15% is set by Basel Committee relating to the industry wide level of required capital
Which section of the Banking Regulation Act, 1949 delas with the provision of Prohibition of common Directors?
The issue of shares by a company on a discount is prohibited and thus, it shall be ____________
According to Section 6 of Slae of Goods Act , which of the following correctly describes "existing goods" in a sale?
The law relating to group liability has been dealt with in which of the following Sections?
(i) Section 34 to 38
(ii) Section 120A
Ready delivery contract means a contract which provides for the delivery of goods and the payment of a price therefor
What does the term "paper" include according to the definition provided under the Maharashtra Stamp Act ?
Under Food Safety and Standards Act , which of the following defences is not allowed in prosecution?
What does "direct selling" refer to?
Which of the following is a primary duty of a trustee under the Indian Trusts Act, 1882?
As per Section 24A of SEBI Act, compounding of offence by Securities Appellate Tribunal can be done
