WorksheetsQuiz Bank Risk
Total questions: 10
Worksheet time: 5mins
Islam rejects the practice of risk management because it contradicts with Islamic teaching
True
False
Risk transfer is one of the risk mitigation technique in managing risk
True
False
Currency risk in one example of credit risk
True
False
In Islam, all parties involved in the financial contracts have to undertake potential risk for the entitlement of profit.
True
False
Credit risk is a risk that arises from counterparty failure to meet their obligations in accordance with agreed terms.
True
False
Risk that arises from a bank’s inability to meet its obligations because of difficulties in obtaining cash at reasonable cost from financing or sale of assets is known as liquidity risk
True
False
Operational risk is a risk of loss resulting from systems, people and process defaults
True
False
Risk identification is one of the process in risk management in Islamic bank
True
False
The higher the uncertainty the lower will be the risk
True
False
In general, risk has inverse relationship with return
True
False
