Question
'No first use’ doctrine, is associated
withSolution
India first adopted a "no first use" policy after its second nuclear tests, Pokhran-II, in 1998. In August 1999, the Indian government released a draft of the doctrine which asserts that nuclear weapons are solely for deterrence and that India will pursue a policy of "retaliation only".
Which of the following is a key factor considered in calculating the Loss Given Default (LGD) in credit risk models?
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