Question
Which of the following approach is not used for
assessment of Operational Risk in Basel II? i.             Internal Rating Based (IRB) Approach ii.            Basic Indicator Approach (BIA) iii.           Advanced Measurement Approach (AMA) iv            Value at Risk (VaR)Solution
The first pillar deals with maintenance of regulatory capital calculated for three major components of risk that a bank faces: credit risk, operational risk, and market risk. •The credit risk component can be calculated in three different ways of varying degree of sophistication, namely standardized approach, Foundation IRB, Advanced IRB and General IB2 Restriction. IRB stands for "Internal Rating-Based Approach". •For operational risk, there are three different approaches – basic indicator approach or BIA, standardized approach or TSA, and the internal measurement approach (an advanced form of which is the advanced measurement approach or AMA). •For market risk the preferred approach is VaR (value at risk).
Select the most appropriate synonym of the given word.
IMITATION
In each of the following questions, a word has been given and used in three statements. You are supposed to identify which of the statement/s use/s the ...
In the given question, a word has been given and there are three ways in which the word has been used, in similar or different forms. You need to see w...
Select the most appropriate synonym of the given word.
ACCURATE
Select the correct antonym of the given word.
Exodus
Directions: In each of the following questions, a word has been used in sentences in THREE different ways. Choose the option corresponding to the sente...
In the following question, a word has been given and there are three ways in which the word has been used, in similar or different forms. You need to se...
Select the most appropriate antonym of the given word.
Emancipate
In the given question, a word has been given and there are three ways in which the word has been used, in similar or different forms. You need to see w...
A person unselfishly concerned for or devoted to the welfare of others.