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Complex and opaque organisational Structures take advantage of regulatory arbitrage and also of gaps in regulations. Regulators found it difficult to look through the structures and enforce regulation Inadequate Oversight by Board: Incomplete risk information due to gaps in MIS coupled with inadequate understanding of risk due to the lack of expertise among the directors, hampered effective and timely decision making. Flawed remuneration policies: Compensation structures which focussed excessively on short term performance incentivised managers to take excessive risks in order to meet the short term objectives at the expense of long term sustainability of the firm. Weak risk management systems and internal controls: With significant developments in technology, risk management in the run up to the crisis became highly quantitative on the lines of an exact science.
PM-KISAN aims to supplement the financial needs of farmer families in procuring various inputs to ensure proper crop health and appropriate yields. Whi...
Which of the following is NOT a target group for PM Mudra Yojana?
In the Budget 2022-23, how much has been allocated for promoting scientific organic farming in north-east states?
The landmark plan of ONORC is a countrywide innovation that allows all _________ beneficiaries, particularly migrant beneficiaries, to claim either ful...
Consider the following statements about the National Skill Development Corporation (NSDC) under the Skill India Programme:
1. NS...
The Pradhan Mantri Matru Vandana Yojana (PMMVY) is a Centrally Sponsored flagship scheme by the Ministry of Women and Child Development, Government of ...
The primary objective of the Mahatma Gandhi National Rural Employment Guarantee Scheme is to guarantee __________ days of employment in every financial ...
Which of the following organisations is mandated to develop Minor Forest Produce (MFP)?
What is the aim of the Universal Service Obligation Fund (USOF)?
As per the date of Central Statistics Office, the Share of MSME Gross Value Added (GVA) in All India Gross Domestic Product at current prices (2011-12) ...