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The legal risks primarily arise either due to lack of clarity of the documentation of the product or the act of the counterparty. Change in legal environment due to legislative changes and Court interpretations/proceedings also result in legal risk. Legal risk includes risk of non-enforceability of contract or in-correct documentation resulting in the increased probability of loss. Broadly, legal risks may result in (i) claims against institution, (ii) fines, penalties, punitive damages, (iii) unenforceable contracts resulting from defective documentation, and (iv) loss of institutional reputation
A statement followed by some conclusions are given below.
Statement : Nowadays, life has become very difficult without a mobile phone
A question is given followed by two arguments. Decide which of the arguments is/are strong with respect to the question.
Question:
Shou...
In A CERTAIN Code language, ‘bike roads highways cars’ is written as ‘od lk sk jk’. ‘jeep scooter highways bus’ is written as ‘mj jk dn ho...
Find the upcoming numbers in this series.
19, 28, 46, 82, 154,?
Each of P, Q, R, S, T, U and V has exam on different day of the same week starting from Monday and ending on Sunday. R's exam is immediately before U's ...
Select the correct mirror image of the given figure when the mirror is placed at MN as shown below.
Statements:
I. Some Mirrors are not Glasses.
II. All Glasses are Strong.
III. Some Strong are Fragile.
Conclusions:
Manohar cycles X km towards west and then turns right and cycles Y km to reach his office. Now, the shortest distance between the starting point and his...
In a certain code language, ‘STORY’ is coded as ‘97’ and ‘PULL’ is coded as ‘61’. How will ‘INCOME’ be coded in that language?
...Statements:
Some tomatoes are potato.
All carrots are potato.
All potatoes are onion
Conclusions:
I. No carro...
