Question
As per RBI, the bank should have a Chief Risk Officer
(CRO), who if reports to the MD, should also directly meet the Risk Management Committee, in absence of MD, at least ________Solution
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
Sultan Qaboos bin Said of ________, the Arab world’s longest-serving ruler and with a reputation for quiet diplomacy passed away recently (2020).
Rice, maize, sorghum and groundnut are an example of-
निम्नलिखित में से कौन मिसाइल का नाम नहीं है ?
The Hemis National Park is located in-
Which entity annually collects data on trade unions?
Which state is renowned for its traditional boat races during the Onam festival?
Name the state which recently approved 1% reservation for orphans in government jobs:
‘Wangala,’ the festival of 100 drums, is celebrated in which Indian state?
Which Indian shipyard launched the Anti-Submarine Warfare Shallow Water-Crafts INS Malpe and INS Mulki for the Indian Navy?
In Uttarakhand, the Pradhan Mantri Krishi Sinchai Yojana (PMKSY) receives _______ percent of its funding from the central government