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NEW QUESTION: 1
Provisioning Coverage Ratio (PCR) is essentially the ratio of provisioning to ______ and indicates the extent of funds a bank has kept aside to cover loan losses.
A. total loan portfolio
B. total assets
C. gross non-performing assets
Answer: C
Explanation:
Explanation/Reference:
Reference: https://currentaffairs.gktoday.in/tags/provision-coverage-ratio

NEW QUESTION: 2
What should a compliance officer provide to facilitate board understanding of suspicious activity reported by an institution?
A. Copies of all STRs filled with the national FIU
B. A listing of all STRs filed, including supporting details
C. A numerical summary of the STRs filed, including additional detail on significant cases
D. A numerical summary of all STRs filed, including supporting details on all the STRs
Answer: C

NEW QUESTION: 3

A. Option A
B. Option B
C. Option C
D. Option D
Answer: D

NEW QUESTION: 4
A new vendor product has been acquired to replace a legacy perimeter security product. There are significant time constraints due to the existing solution nearing end-of-life with no options for extended support. It has been emphasized that only essential activities be performed. Which of the following sequences BEST describes the order of activities when balancing security posture and time constraints?
A. Install the new solution, migrate to the new solution, and test the new solution.
B. Purchase the new solution, test the new solution, and migrate to the new solution.
C. Decommission the old solution, install the new solution, and test the new solution.
D. Test the new solution, migrate to the new solution, and decommission the old solution.
Answer: D