BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is not a measure of the Risk Management in Banks?
A
CRR
B
RTGS
C
SLR
D
Deposit Insurance
Explanation: 

Detailed explanation-1: -Risk elimination is not a type of risk management strategies.

Detailed explanation-2: -Sol. Account Risk is Not a type of risk in Banking Sector. Sol. Operational risk is the risk of loss due to errors, interruptions, or damages caused by people, systems, or processes.

Detailed explanation-3: -The correct answer is (d) eliminating all risks.

Detailed explanation-4: -The three largest risks banks take are credit risk, market risk and operational risk.

There is 1 question to complete.