Which of the following is/are correct about the “Operational Risk” as used in the field of banking?

Question

TuteeHUB · Accepted Answer

Risk of loss due to natural calamities

TuteeHUB · Answer

Risk of loss due to inadequate or failed internal process

TuteeHUB · Answer

Loss occurred due to non-compliance of legal procedures

TuteeHUB · Answer

All of the Above

1.	Which of the following is/are correct about the “Operational Risk” as used in the field of banking?
A.	Risk of loss due to inadequate or failed internal process
B.	Risk of loss due to natural calamities
C.	Loss occurred due to non-compliance of legal procedures
D.	All of the Above
Answer» B. Risk of loss due to natural calamities

Discussion