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Which was the minimum capital requirement for market risk in the 1996 BIS Amendment?
Cognitive Development Theory
A theory that describes how thinking and reasoning develop with age and experience, outlining stages from infancy through adulthood.
Abstract Concepts
Ideas or theories that are not based on physical or concrete experiences but are more theoretical or intellectual in nature.
Formal Operational Stage
A stage in Piaget's theory of cognitive development, typically beginning around age 12, when individuals develop the ability to think abstractly, logically, and systematically.
Acculturate
The process of adopting the cultural traits or social patterns of another group.
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