CAIIB · BFM · Chapter 1

Risk and Basic Risk Management Framework

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Bank Financial Management — CAIIB.

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Q

Define risk in banking context.

A

Possibility of loss arising from uncertainties in borrower default, rates, FX, liquidity, operations.

Q

How does variability of net cash flow relate to risk?

A

Higher variability = higher risk; lower variability = lower risk; zero variability = zero risk.

Q

What is the risk-return-capital linkage?

A

Higher risk requires higher capital buffer and higher expected return; lower risk requires lower capital and return.

Q

Why is ROE/ROI misleading for investment comparison?

A

ROE/ROI ignore risk taken to earn returns; 20% ROE on junk bonds ≠ 15% ROE on AAA bonds.

Q

Name the five major banking risks.

A

Credit, liquidity, interest-rate, market, operational risk.

Q

Define liquidity risk.

A

Inability to meet payment obligations as due without selling assets at loss.

Q

What is interest-rate risk?

A

Adverse impact on NII or economic value of equity due to interest-rate movement.

Q

Define basis risk with example.

A

Two transaction legs priced off different benchmarks move independently; floating loan vs. fixed deposit.

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