Banking Computers RBI Assistant Online Exam Held on 23-09-2014

  • question_answer RTGS will minimize _____ risk.

    A)  Credit Adequacy Risk    

    B)  Liability Risk

    C)  Settlement Risk

    D)  Transaction Risk

    E)  Asset Risk

    Correct Answer: C

    Solution :

    [c] Real time gross settlement systems (RTGS) are specialist funds transfer systems where transfer of money or securities takes place from one bank to another on a "real time" and on "gross" basis. Settlement in "real time" means payment transaction is not subjected to any waiting period; thus minimizing settlement risk. Settlement risk is the risk that a settlement in a transfer system does not take place as expected.

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