Which new type of risk was introduced in the Basel II framework?  A. Credit risk  B. Market risk  C. Operational risk  D. Settlement risk

Which type of risk was not explicitly addressed by Basel I?  A. Credit risk  B. Market risk  C. Operational risk  D. Settlement risk

What was the primary focus of Basel I?  A. Market risk  B. Operational risk  C. Credit risk  D. Liquidity risk

Which of the following are NOT the parts of Basel III framework:I. Pillar 1 consisting of Credit Risk, Operational Risk and Default Risk componentsII. Value at Risk models as a standardised approach to Credit RiskIII. Supervisory Review of solvency IV. Market Discipline requirements encouraging institutions to disclose relevant information only to its shareholders

Basel I primarily used which approach to calculate credit risk?  A. Internal ratings-based approach  B. Standardized approach  C. Advanced measurement approach  D. Basic indicator approach

What are the three pillars of Basel II?  A. Minimum capital requirements, supervisory review process, and market discipline  B. Credit risk, operational risk, and market risk  C. Capital adequacy ratio, risk management, and stress testing  D. Liquidity risk, leverage ratio, and counterparty credit risk