New SIDBI Grade A New Batch Starts on Nov 18

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    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.

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