Question

    Risk faced by financial institutions in which advancement of technology does not produce savings in cost is known as _____

    A savings risk Correct Answer Incorrect Answer
    B advance risk Correct Answer Incorrect Answer
    C cost risk Correct Answer Incorrect Answer
    D technology risk Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Risk faced by financial institutions in which advancement of technology does not produce savings in cost is known as technology risk.

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