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A Chief Risk Officer (CRO) is a top level executive responsible for managing risk. As such, he has an integral role in the centralized risk management structure. As such, he deals with all kinds of risks faced by the organization. The RBI defines the roles of the CRO. As per RBI, CRO shall be a senior official in the banks’ hierarchy and shall have the necessary and adequate professional qualification/experience in the areas of risk management. The CRO shall have direct reporting lines to the MD & CEO / Risk Management Committee (RMC) of the Board. In case the CRO reports to the MD & CEO, the RMC shall meet the CRO on one-to-one basis, without the presence of the MD & CEO, at least on a quarterly basis.
Soham invested Rs. 32,000 partly in schemes ‘I’ and ‘J’ for 4 years and 6 years, respectively. Scheme ‘I’ offers simple interest at 18% per ...
Rs. 8500 is invested in scheme ‘A’ for 2 years and Rs. 6500 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 13% ...
Arjuna deposited Rs.90,000 in an SIP that offers simple interest at a rate of 10% per annum for 3 years. Had he deposited the sam...
A sum of money amounts to ₹8700 in 2 years at a simple interest rate of 8% per annum. If the same sum is invested at compound interest with the same r...
₹2,500, when invested for 8 years at a given rate of simple interest per year, amounted to ₹3,725 on maturity. What was the rate of simple interest...
Rs.6600 is divided into two parts such that if one part be invested at 4% and the other at 6%, the annual interest from both the investments is Rs. 372....
The difference between compound interest and simple interest at the same rate for Rs. 3600 for 2 years is Rs. 36. The rate of interest per annum is:
If Rs. 4000 becomes Rs. 5760 in 2 years at compound interest (compounded annually), then what is the annual rate of interest?
If a sum of money doubles in 5 years at simple interest, what is the rate of interest per annum?
