Jahnvi verm

What is the primary purpose of core banking services?

• What is the primary purpose of core banking services?

  • A) Provide loans to customers

• • B) Offer financial advice

• • C) Facilitate transactions and manage accounts across multiple branches

• • D) Conduct stock trading

Which regulatory framework introduced the concept of market risk capital requirement?

• A. Basel I

• B. Basel II

• C. Basel III

• D. Dodd-Frank Act

What is the role of the Securities and Exchange Board of India (SEBI) in risk management?

• A. Regulating the banking sector

• B. Regulating the securities market

• C. Regulating insurance companies

• D. Regulating pension funds

Which of the following is a common risk management practice for banks in India as per RBI guidelines?

• A. Conducting stress testing

• B. Ignoring credit risk

• C. Avoiding market diversification

• D. Minimizing customer deposits

Which entity is primarily responsible for approving the ALLL policy?

• a) Internal Audit

• b) Senior Management

• c) Board of Directors

• d) Credit Risk Committee

Which component of the ALLL is based on loans identified as impaired?

• a) General Reserve

• b) Specific Reserve

• c) Qualitative Factors

• d) Interest Rate Reserve

Which of the following strategies is primarily used in asset/liability management to reduce the risk of interest rate fluctuations?

• A) Duration Matching

• B) Diversification

• C) Credit Scoring

• D) Cash Flow Matching

Which of the following is a primary goal of capital management for a company?

• A) Minimizing the company's tax liabilities

• B) Maximizing shareholder wealth

• C) Ensuring compliance with regulatory requirements

• D) Reducing the company's workforce

Which of the following best describes the primary objective of asset management?

• A. Maximizing short-term profits

• B. Minimizing operational costs

• C. Optimizing the total lifecycle performance of assets

• D. Increasing market share

Which of the following is the primary role of a lone underwriter in the insurance industry?

• A) Marketing and sales of insurance policies

• B) Assessing risk and determining premiums for insurance policies

• C) Handling customer service inquiries

• D) Managing the investment portfolio of the insurance company