Question
Which of the following risk is made up of transaction
risk, default risk and portfolio risk?Solution
Credit risk or default risk involves inability or unwillingness of a customer or counterparty to meet commitments in relation to lending, trading, hedging, settlement and other financial transactions. The Credit Risk is generally made up of transaction risk or default risk and portfolio risk. The portfolio risk in turn comprises intrinsic and concentration risk.
The ending of a nerve cell used to acquire information from our environment is called
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