RSK2602 Assignment 1
(COMPLETE ANSWERS)
Semester 1 2025 - DUE 20
March 2025
FOR ASSISTANCE CONTACT:
, RSK2602 Assignment 1 (COMPLETE
ANSWERS) Semester 1 2025 - DUE 20 March
2025
2.1 Operational risk is speculative in nature.
True/False
2.2 Where a bank is unable to meet unexpected
demands for cash, it means that the bank is illiquid
and insolvent. True/False
2.3 The three pillars of operational risk
management and corporate governance in terms
of the new Basel Accord are regulation, supervision
and control. True/False 2.4 Speculators in the
financial markets normally have an indifferent
attitude towards risk. True/False RSK2602/01/2025
3
2.5 In terms of good corporate governance, the risk
committee should be responsible for determining
the levels of risk tolerance for the organisation.
True/False
2.6 Operational risk management drivers include
internal, external and regulatory drivers. True/False
2.7 The investment in preventative controls can be
considered as an upside of operational risk.
True/False
(COMPLETE ANSWERS)
Semester 1 2025 - DUE 20
March 2025
FOR ASSISTANCE CONTACT:
, RSK2602 Assignment 1 (COMPLETE
ANSWERS) Semester 1 2025 - DUE 20 March
2025
2.1 Operational risk is speculative in nature.
True/False
2.2 Where a bank is unable to meet unexpected
demands for cash, it means that the bank is illiquid
and insolvent. True/False
2.3 The three pillars of operational risk
management and corporate governance in terms
of the new Basel Accord are regulation, supervision
and control. True/False 2.4 Speculators in the
financial markets normally have an indifferent
attitude towards risk. True/False RSK2602/01/2025
3
2.5 In terms of good corporate governance, the risk
committee should be responsible for determining
the levels of risk tolerance for the organisation.
True/False
2.6 Operational risk management drivers include
internal, external and regulatory drivers. True/False
2.7 The investment in preventative controls can be
considered as an upside of operational risk.
True/False
