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    Question

    Which of the following committee oversees the credit/counterparty risk and country risk in a bank?

    A Asset-Liability Management committee (ALCO) Correct Answer Incorrect Answer
    B Credit policy committee Correct Answer Incorrect Answer
    C Internal audit committee Correct Answer Incorrect Answer
    D Bank’s committee on Risk Management Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The Credit Policy Committee (CPC) oversees the credit /counterparty risk and country risk and Asset - Liability Management Committee (ALCO) deal with different types of market risk.

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