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Questions and Answers
Which of the following is a key component of risk management in financial institutions?
Which of the following is a key component of risk management in financial institutions?
- Profit maximization
- Risk avoidance (correct)
- Market speculation
- Customer satisfaction
Which of the following is a common risk faced by financial institutions?
Which of the following is a common risk faced by financial institutions?
- Regulatory compliance (correct)
- Competitor collaboration
- Technological advancements
- Market opportunities
What is the purpose of risk management in financial markets?
What is the purpose of risk management in financial markets?
- To maximize profits
- To eliminate all risks
- To ensure fair competition
- To mitigate potential losses (correct)
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