Which of the following is a limitation of the Value at Risk (VaR) approach, a widely used risk management tool, to measuring risk?
A limitation of the value at risk (VaR) approach to measuring risk is that it fails to specify the maximum loss that could occur. VAR statistic has three components - a relatively high level of confidence (typically either 95% or 99%), a time period (a day, a month or a year) and an estimate of investment loss (expressed either in absolute or percentage terms). However, at a 99% confidence level what VAR really means is that in 1% of cases (that would be 2-3 trading days in a year with daily VAR) the loss is expected to be greater than the VAR amount. Value At Risk does not say anything about the size of losses within this 1% of trading days and by no means does it say anything about the maximum possible loss.
Which of the following banks are public sector banks?
A. Canara bank
B. Bank of Baroda
C. Central bank of India
D. Induslnd bank
E. RBL bank
Pre-matric scholarship is given to
Statue of Peace established in Srinagar, Jammu and Kashmir is related to which personality?
An element reacts with oxygen to give a compound with a high melting point. This compound is also soluble in water. the element is likely to be:
Match the following :-
Name of River Place of Origin
(a) Luni River ...
Which of the following statements related to the discontent among peasants in Indian nationalist movements is/are correct?
Statements...
Which of the following schemes of the Government of India deals with the promotion of organic farming?
Select the option which is related to the third word in the same way as the second word is related to the first word.
Doctor : Hospital :: Arti...
The monument Tower of Pisa is situated in which country?
Marmagao Port is in which of the following states?