Which one of the following is not a component of risk management Mcq?
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Capital adequacy ratio (CAR) is the ratio of a bank's capital in relation to its risk-weighted assets and current liabilities. It is decided by central banks and bank regulators to prevent commercial banks from taking excess leverage and becoming insolvent in the process. Show
 CAR is measured as:
Therefore, in order to calculate the capital adequacy ratio, the banks are required to take into consideration credit risk, market risk, operational risk. Credit risk is a possibility of loss due to the borrower's failure to repay a loan or meet contractual obligations. Market risk is a possibility of loss due to changes in the market sector. Operational risk is a possibility of loss due to inadequate or failed internal processes, control, system, people, or external events. The Basel III norms stipulated a CAR of 8%. However, as per RBI norms, Indian scheduled commercial banks are required to maintain a CAR of 9%, and Indian public sector banks are required to maintain a CAR of 12%. (1)Which of the following is not a category of business processes? (a)Management Processes (b)Automated Processes (c)Operational Processes (d)Supporting Processes Click here for correct answer (2)Following process is also known as primary process?(a)Management Process (b)Automated Process (c)Operational Process (d)Supporting Process Click here for correct answer (3)Which of the following is not the objective of business process automation?(a)Staff Attrition (b)Confidentiality (c)Integrity (d)Timeliness Click here for correct answer (4)Which of the following is not the benefit of business process automation?(a)Employee Satisfaction (b)Improved Operational Efficiency (c)Reduced Turnover Time (d)Governance & Reliability Click here for correct answer (5)Following process is also known as secondary process?(a)Management Process (b)Automated Process (c)Operational Process (d)Supporting Process Click here for correct answer (6)Which of the following is not the step of business process automation?(a)Documentation (b)Engage the business process consultant (c)Benchmarking (d)Testing the BPA Click here for correct answer (7)Which of the following is not the benefit of Enterprise Risk Management?(a)Improved Opportunities Management (b)Improved Capital Allocation (c)Increase in Turnover Time (d)Minimizes operational losses Click here for correct answer (8)Which of the following is not the component of Enterprise Risk Management?(a)Internal Environment (b)Objective Setting (c)Risk Assessment (d)Infrastructure Click here for correct answer (9)Which of the following is not the component of Enterprise Risk Management?(a)Control Activities (b)Monitoring (c)File & data transmission (d)Risk Response Click here for correct answer (a)Align risk appetites and strategy (b)Link growth, risk and return (c)Enhance risk response time (d)Data integrity Click here for correct answer (11)Which of the following is not the risk of business process automation?(a)Inaccurate Input (b)Inaccurate Processing (c)Enhance risk response time (d)Data integrity (12)Which of the following is not the type of business risk?(a)Detection Risk (b)Strategic Risk (c)Compliance Risk (d)Reputational Risk Click here for correct answer (13)Which of the following is not the type of business risk?(a)Financial Risk (b)Operational Risk (c)Control Risk (d)Regulatory Risk Click here for correct answer (14)Which of the following is not the component of Internal Control System? (a)Internal Environment (b)Risk Assessment (c)Monitoring (d)Infrastructure Click here for correct answer (15)Which of the following is not the component of Internal Control System? (a)Database (b)Objective Setting (c)Event Identification (d)Risk Response Click here for correct answer (16)Which of the following is not the limitation of Internal Control System? (a)Abuse of responsibility (b)Improper risk assessment (c)Collusion within employees (d) Manipulation by management Click here for correct answer (17)Which of the following is not the advantage of flowchart? (a)Quicker Reproduction (b)Quicker grasp of Relationship (c)Effective Analysis (d)Effective Communication Click here for correct answer (18)Which of the following is not the advantage of flowchart? (a)Effective Documentation (b)Easy Modification (c)Effective Program Debugging (d)Establishing Controls Click here for correct answer (19)Which of the following is not the limitation of flowchart? (a)Complex Logic (b)Difficulty in Reproduction (c)Difficulty in identifying responsibilities (d)Difficulty in establishing link between conditions & actions Click here for correct answer (20)Which of the following is not a flowcharting symbol? (a)Decision (b)Control (c)Process (d)Start Click here for correct answer (21)Overview of which of the following is not provided by DFD: (a)What type of data is processed by system. (b)What types of transformations are performed by the system (c)What kind of infrastructure is used by the system. (d)What type of data is stored. Click here for correct answer (22)Which of the following is not considered as sensitive personal information as per IT Act? (a)Medical Reports (b)Biometric Information (c)Address. (d)Passwords Click here for correct answer (23)Which of the following is not an objective of Enterprise Information Systems? (a)Reduce service cycle (b)Identify manual processes (c)Reduce costs (d)Increase operational efficiency Click here for correct answer (24)Which one of the following represents Operational Processes? (a)Deals with legal compliance (b)Deal with the core business and value chain (c)Deal with core processes and functions within an organization (d)Deals with measuring, monitoring and control activities Click here for correct answer (25)Which one of the following is not a benefit of business process automation? (a)Reduce turnaround time (b)Operational efficiency (c)Legal compliance (d)Reduce costs Click here for correct answer (26)Which of the following is not a Business Risk? (a)Strategic (b)Financial (c)Operational (d)Environmental Click here for correct answer (27)Which one of the following does not represent a system of Internal Control? (a)Meeting sales targets (b)Safeguarding assets (c) Prevention and detection of fraud and error (d)Completeness of accounting records Click here for correct answer (28)Which of the following is not a Flowcharting symbol? (a)Process (b)Decision (c)Document (d)Risk Click here for correct answer (29)Which of the following is not a component of Enterprise Risk Management? (a)Internal environment (b)Organisation chart (c)Objective setting (d)Event identification Click here for correct answer (30)Which one of the following is not an objective of Internal Control? (a)Compliance with applicable laws and regulations (b)Meeting sales targets (c)Reliability of reporting (d)Effectiveness and efficiency of operations Click here for correct answer (31)Which one of the following deals with Section 143 of the Companies Act 2013? (a)Acquisition and Mergers (b)Powers and duties of Board of Directors (c)Powers and duties of auditors and auditing standards (d)Penalties due to non-compliance Click here for correct answer (32)Which one of the following is not defined as Sensitive Personal Information? (a)Home address (b)Password (c)Financial information (d)Biometric information Click here for correct answer Which of the following are components of risk management?Table of Contents:. Risk Identification.. Risk Analysis.. Response Planning.. Risk Mitigation.. Risk Monitoring.. Which one is not risk management activity Mcq?Which one is not a risk management activity? Explanation: Risk management activities would never want a new risk to be generated. 3. What is the product of the probability of incurring a loss due to the risk and the potential magnitude of that loss?
What are the 3 components of risk management?The risk management process consists of three parts: risk assessment and analysis, risk evaluation and risk treatment.
What are the 4 components of a risk management plan?The 4 essential steps of the Risk Management Process are:. Identify the risk.. Assess the risk.. Treat the risk.. Monitor and Report on the risk.. |
