1. Which of the following is not a step in the Risk Management Process?
2. Which of the following is a limitation of the Value at Risk (VaR) approach, a widely used risk management tool to measuring risk?
3. Risk faced by financial institutions in which advancement of technology does not produce savings in cost is known as:
4. Which of the following risk is made up of transaction risk, default risk and portfolio risk?
5. The act of taking on a risk for a fee is known as:
6. Which of the following is not a type of Market Risk?
7. “Risk-Tolerance” is best described by which of the following?
8. When a bank sanctions a large loan to a borrower, which of the following risks it may not have?
9. Which of the following is not a Pillar of Base II?
10. Which of the following is a contract between two Insurers, i.e., Original Insurer and another Insurer?
11. can also be defined as Surrender of Rights by the Insured to an Insurance Company that has paid a Claim against the Third-Party.
12. A Condition which increases the probability of a loss or its severity and affects the associated risk is known as:
13. For an Insurance Claim to be paid, the associated loss incurred due to the risk must be:
14. Which product offered by insurance companies gives investors both insurance and investment under a single integrated plan?
15. Who are the agents that can sell policies of several life and non-life insurance companies at a time?