📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    What is Value at Risk (VaR) primarily used for in risk

    management?
    A Predicting future returns Correct Answer Incorrect Answer
    B Assessing potential loss in portfolio value Correct Answer Incorrect Answer
    C Determining interest rates Correct Answer Incorrect Answer
    D Managing currency risk Correct Answer Incorrect Answer
    E Calculating tax liabilities Correct Answer Incorrect Answer

    Solution

    Value at Risk (VaR) is used to assess the potential loss in portfolio value over a defined period for a given confidence interval.

    Practice Next
    More Economy and Banking and Finance Current Affairs Questions

    Relevant for Exams:

    ask-question