Question
Which of the following would have the primary
responsibility of understanding the risks run by the bank and ensuring that the risks are appropriately managed?Solution
The primary responsibility of understanding the risks run by the bank and ensuring that the risks are appropriately managed should clearly be vested with the Board of Directors. The Board should set risk limits by assessing the bank’s risk and risk bearing capacity. At organisational level, overall risk management should be assigned to an independent Risk Management Committee or Executive Committee of the top Executives that reports directly to the Board of Directors.
A complete electronic circuit with transistors and other components on a small silicon chip is called a?
According to the Knight Frank report Prime Global Cities Index Q1 2023,which city has gained the 6th spot among 46 cities globally in terms of annual pr...
In Excel _____function returns the remainder of two numbers after division.
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________ is the highest priority interrupt capable of interrupting all software and non-vital hardware devices.
Which memory is non-volatile?
What distinguishes the Tamil Nadu government’s upcoming Centre of Excellence with an AI lab?