New Register here for RBI, SEBI & NABARD strategy workshop! April 9 at 7 PM

    Question

    Which type of risk is associated with internal

    procedures, people, and systems within a company?
    A Systematic risk Correct Answer Incorrect Answer
    B Credit risk Correct Answer Incorrect Answer
    C Operational risk Correct Answer Incorrect Answer
    D Market risk Correct Answer Incorrect Answer
    E Liquidity risk Correct Answer Incorrect Answer

    Solution

    Operational risk involves uncertainties and hazards a company faces during its day-to-day business activities, including internal fraud, system breakdowns, and human errors.

    Practice Next

    Relevant for Exams: