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      Question

      Which of the following types of risks are not covered in

      BASEL II/III
      A Credit Risk Correct Answer Incorrect Answer
      B Market Risk Correct Answer Incorrect Answer
      C Reputational Risk Correct Answer Incorrect Answer
      D liquidity Risk Correct Answer Incorrect Answer
      E All are included Correct Answer Incorrect Answer

      Solution

      Reputational risk is expressly excluded from the Basel II definition of operational risk.

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