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Risk management master quiz

Total questions: 60

Worksheet time: 48mins

Name
Class
Date
1.

Which among the following is a tool to measure the Credit Risk embedded in a loan asset ?

a)

Invocation of Insurance

b)

Credit Risk Rating

c)

Loan Pricing

d)

None of the above

2.

Which among the following is a Credit Risk Mitigant ?

a)

Pricing of Loan assets

b)

Legal Action

c)

Insurance of assets

d)

None of the above.

3.

One of your Borrower Customer failed to service monthly interest in his working capital account. Which among the following is correct about the type of risk the Bank is facing in this context ? 

a)

Fraud Risk

b)

Interest Rate Risk

c)

Market Risk

d)

Credit Risk

4.

Which among the following is a not a Credit Risk ?

a)

Default Risk

b)

Counterparty Risk

c)

Fraud Risk

d)

Portfolio Risk

5.

Which among the following is NOT part of the building blocks of an effective Credit Risk Management in a Bank ?

a)

Organisational Structure

b)

Operations & Systems

c)

Policy and Strategy

d)

Credit monitoring framework

6.

Which among the following is not a Parameter used for Credit Risk Rating architecture ? 

a)

Industry Risk

b)

Basis Risk

c)

Business Risk

d)

Management Risk

7.

In working capital accounts which among the given ratios is used to assess Financial Risk ?

a)

Debt Equity Ratio

b)

Debt Service Coverage Ratio

c)

Current Ratio

d)

All of the Above

8.

Which among the following is not a Credit Information Company in India ?

a)

CIBIL

b)

Moodys

c)

Experian

d)

Equifax

9.

Reputation and Standing of a Promoter is assessed as part of which Parameter under Credit Risk Rating ?  

a)

Management Risk

b)

Industry Risk

c)

Business Risk

d)

Financial Risk

10.

Which among the following is not a Credit Risk Mitigant ?

a)

ECGC Guarantee

b)

Insurance of Assets

c)

Collaterals

d)

Pricing of Loan assets

11.

As per Regulatory Guidelines, upto which level in a Rating Scale, the rating shall represent an acceptable level of Credit Risk ?

a)

Levels 1 to 3

b)

Levels 1 to 4

c)

Levels 1 to 5

d)

Levels 1 to 7

12.

Rules of Delegation in a Bank's Credit Policy represents one among the following. Identify ?

a)

Powers to sanction Loans by various functionaries

b)

Loan Monitoring Mechanism

c)

Exposure Levels

d)

Risk Rating Architecture

13.

Among the borrowers who had the below external credit ratings who is more likely to get a loan sanctioned?

a)

BBB

b)

BB

c)

B

d)

C

14.

Incidents of LC devolvement and BG invocation are examples of credit risk of

a)

Direct lending

b)

Non-funded loans

c)

Securities trading

d)

Cross-border exposure

15.

Having a upper limit for lending to a borrower or a sector is part of

a)

Prudential norms

b)

Credit appraisal

c)

Risk rating

d)

Conditional sanction

16.

Which of the following is not a part of the 5 Cs?

a)

Credit score

b)

Collateral

c)

Capacity

d)

Conditions

17.

Which of the following is not part of the retail score card for risk rating?

a)

Utilization of facility

b)

Employment

c)

No. of dependents

d)

Education

18.

Pick the borrower with the least financial risk

a)

Current ratio = 1.3

TOL/TNW = 3

PAT/Sales = 40%

b)

Current ratio = 1.15

TOL/TNW = 1.5

PAT/Sales = 60%

c)

Current ratio = 1.8

TOL/TNW = 3.8

PAT/Sales = 55%

d)

Current ratio = 1.33

TOL/TNW = 2

PAT/Sales = 45%

19.

Which of the following is NOT a parameter in business/industry risk assessment?

a)

Technology adopted

b)

Consistency in quality

c)

Product profile

d)

Experience in the industry

20.

Which of the following options is part of facility risk assessment?

a)

Collateral securities available

b)

Repayment commitments

c)

Incidents of LC devolvement

d)

Attainment of BEP

21.

A term loan is annually reviewed whereas a working capital advance is annually

a)

Revised

b)

Renewed

c)

Reviewed

d)

Reassessed

22.

Which of the following parameters would assess distribution network, product profile, and regulatory risk?

a)

Business/industry risk

b)

Facility risk

c)

Management risk

d)

Financial risk

23.

Which of the following actions can be termed as risks?

a)

Banks giving loans with the hope that they would be repaid

b)

Banks avoiding giving loans to farmers

c)

Banks having a shortage of liquid funds

d)

Daily operations of a bank

24.

Risk is known as (a)   of an event

25.

Which of the following actions can comes under the process of identifying a risk?

a)

Asking for a collateral security from the loan applicant

b)

Getting the details of the number of dependents of a loan applicant

c)

Getting information on the existing loans of a loan applicant

d)

Fixing a higher rate of interest for a borrower

26.

Which of the following actions of a bank would come under the process of analyzing the risk?

a)

Calculating the risk rating of a borrower based on the loan application

b)

Receiving the loan application

c)

Deciding to give the loan at a higher rate of interest

d)

Determining the value of a collateral security

27.

Which of the following is NOT a risk mitigation strategy?

a)

Transfer

b)

Avoid

c)

Reassign

d)

Accept

28.

Select the correct order of actions in the risk management process.

a)

Identify - monitor - analyze - mitigate - report

b)

Analyze - identify - monitor - mitigate - report

c)

Identify - analyze - mitigate - monitor - report

d)

Identify - analyze - report - mitigate - monitor

29.

A shopkeeper fixes CCTV in the premises of his shop. This action pertains to

a)

Risk identification

b)

Risk mitigation

c)

Risk control

d)

Risk reporting

30.

A, B, and C are three borrowers who apply for a loan. After receiving all the documents and going through them the bank finds that

i) A is least risky,

ii) B is slightly risky but he is willing to give a collateral, and

iii) C is a highly risky borrower

This action of the bank falls under

a)

Risk identification

b)

Analyzing the risk

c)

Controlling the risk

d)

Reporting the risk

31.

Banks have to disclose their NPA position to RBI and other credit monitoring institutions like CRILC. This action falls under

a)

Risk monitoring

b)

Risk reporting

c)

Risk analyzing

d)

Risk identification

32.

Which of the following risks is/are peculiar to the banking business?

a)

Liquidity risk

b)

Market risk

c)

Operational risk

d)

Credit risk

33.

Pick the right order of the institution and year of establishment

a)

Bank for International Settlements - 1925

b)

RBI - 1935

c)

BASEL Committee - 1960

d)

BASEL Accord III - 1988

34.

Capital Conservation Buffer is to be maintained at

a)

2.5% above CRAR as part of Tier I capital

b)

0.25% above CRAR as part of Tier I capital

c)

2.5% above CRAR as part of overall capital

d)

0.25% above CRAR as part of overall capital

35.

Countercyclical capital buffer is

a)

An extension of capital conservation buffer

b)

To be maintained between 0-0.25% over and above capital conservation buffer

c)

An optional buffer to be maintained by the bank

d)

to be maintained to protect the banking sector from periods of excess credit growth

36.

The implementation of BASEL III in India was completed in

a)

2021

b)

2019

c)

2015

d)

2023

37.

RBI became a member of BIS in the year

a)

2003

b)

2013

c)

2020

d)

2023

38.

Which among the following is the least risky of the assets in the bank?

a)

Cash

b)

Credit cards

c)

Exposure to capital markets

d)

Corporate loans

39.

To address the liquidity risk, BASEL recommended a

a)

minimum liquidity ratio intended to provide enough cash to cover funding needs over a 30 day period of stress

b)

longer term ratio Net Stable Funding Ratio intended to address maturity mismatches over entire balance sheet

c)

capital conservation buffer above the CRAR

d)

counter-cyclical buffer above the CRAR and capital conservation buffer

40.

Which of the following is NOT among the three pillars of BASEL II?

a)

Minimum capital requirements

b)

Supervisory review

c)

Market discipline

d)

Liquidity requirements

41.

Which of the following is not a reason for the failure of BASEL I?

a)

Limited differentiation of risk

b)

Static measure of default risk

c)

Simplified calculation of potential future counterparty risk

d)

Mandating a very less CRAR

42.

Find the false statement.

When compared to BASEL I and BASEL II, BASEL III

a)

increased the minimum capital requirements of banks

b)

focused on different types of risks in a systematic manner

c)

is less stricter

d)

will reduce the liquidity in banks

43.

RBI has levied monetary penalties on five cooperative banks for various regulatory violations in July 2024. The

penalties totaling Rs. 7.25 lakh were imposed on Mahabaleshwar Urban Co-operative Bank Ltd., Nagarik Sahakari

Bank Ltd., Krishna Sahakari Bank Ltd., Abasaheb Patil Rendal Sahakari Bank Ltd., and Sivagangai District Central

Cooperative Bank Ltd. following statutory inspections and findings of non-compliance with RBI directives on

regulatory limits and operational guidelines. Identify the core risk.

(a)  

44.

Lakshmi Vilas Bank was placed under the prompt corrective action framework in September 2019 to regularize three

parameters - CRAR, NPA, and ROA (return on assets). This action was necessary after the bank’s net worth

underwent a steady decline with continuous losses over the previous three years. Almost one-fourth of the bank’s

advances have turned bad assets. Identify the core risk

(a)  

45.

The RBI pumped one trillion rupees through a variable repo rate into Indian banks. This was done to reduce the

widening deficit faced by the Indian banking system in 2023. This deficit spiked to a level that was last seen in 2016. Identify the core risk.

(a)  

46.

Infrastructure Leasing & Financial Services (ILFS) an Indian company that provided finance and infrastructure

development services was a firm affected by maturity mismatch with its deposits maturing much earlier than its

loans creating an asset-liability mismatch. It defaulted on repayment of commercial paper (bonds it issued to the

public) and inter-corporate deposits worth Rs. 450 crore. This led to its failure in 2018. Identify the core risk

(a)  

47.

In 2023, Bank of Baroda’s mobile app BoB World was involved in a series of scams that led to RBI banning the app

from onboarding new customers. The employees of the bank were found to onboard fake customers, with some

agents siphoning (taking money) from customer’s accounts amounting to 22 lakh and creating severe security risks. Identify the core risk.

(a)  

48.

Starting from May 2022, RBI kept increasing the key lending rates to control inflation in the country, after two years

of maintaining status quo. This continuous increase led to the banks increasing their home loan lending rates

resulting in increased loan EMIs for the customers. This development discouraged people from taking new loans. Identify the core risk.

(a)  

49.

Global Trust Bank was found to be involved in lending extensively to speculating activities in the market. With the

market crash in the early 2000s it suffered heavy losses. This was one of the reasons along with its name being linked

to stock market scams and inflated prices by its promoters all of which led to its failure in 2004. Identify the core risk.

(a)  

50.

Silicon Valley Bank invested a large amount of bank deposits in long-term US treasuries and agency mortgage-backed

securities. They did not invest in short-term securities which can be quickly liquidated. When the tech market was hit

in the US, many depositors started to withdraw their deposits from the banks. The bank did not have cash on hand

to liquidate these deposits and pay its customers. This caused panic among the depositors who rushed to withdraw

all their deposits fearing collapse of the bank which was exactly what happened. Identify the core risk.

(a)  

51.

Following several years of scandals, Switzerland’s Credit Suisse bank collapsed in March 2023. It had faced multiple

high-profile risk and governance-related incidents over many years that had severely damaged the bank’s

profitability and reputation. Identify the core risk.

(a)  

52.

In March 2020, YES bank came very close to a collapse due to multiple reasons. One of the significant reasons was

that its loan book revealed that YES bank was involved in providing a lot of stressed loans to companies who had

defaulted on payments of prior loans. Most of these additional loans too had become NPAs. Identify the core risk.

(a)  

53.

Which of the following deals with checking the existing risks and the control measures at various levels?

a)

Self-assessment

b)

Event management

c)

Benchmarking and comparative analysis

d)

Scenario analysis

54.

Which of the following deals with high and low probability events?

a)

Metrics

b)

Control monitoring

c)

Scenario analysis

d)

Event management

55.

What is the expansion of ALCO?

a)

Asset Liability Committee

b)

Asset Liability Management Committee

c)

Asset Liasion Management Committee

d)

Asset Liability Code

56.

Which of the following is not used by the banks to place the assets in their balance sheet?

a)

Trading book

b)

Banking book

c)

Asset book

d)

Balance book

57.

Which of the following deals with an estimate of potential loss?

a)

Stress testing

b)

Value At Risk models

c)

Standard deviation

d)

Event management

58.

LCR should provide a coverage that could atleast last for _____ days period of acute liquidity stress

a)

7

b)

14

c)

30

d)

90

59.

NSFR should atleast be more than or equal to ______ on an ongoing basis.

a)

70%

b)

100%

c)

50%

d)

25%

60.

___________ is used to check the differences between projected liquidity stress and actual liquidity stress.

a)

Variance analysis

b)

Calculation of surplus or deficit on an particular maturity date

c)

Maturity ladder

d)

Ranking of cash flows