[ 2009 FRM Sample Exam ] Operational and Integrated risk management Q8 management, included, following, definition

Abey

 

8. Which of the following risks is not included in the Basel II definition of operational risk?

A. Legal Risk.

B. Reputation Risk.

C. Process Failure Risk.

D. Systems Failure Risk.

Abey

 

Correct answer is Bfficeffice" />

Is incorrect as it is an Operational Risk as per Basel II accord.

Is correct, as it is not an Operational Risk as per Basel II accord.

Is incorrect as it is an Operational Risk as per Basel II accord.

Is incorrect as it is a Operational Risk as per Basel II accord.