20-39 Under Basel II,the Credit Risk and Interest Rate Risk

question 119

True/False

20-39 Under Basel II,the credit risk and interest rate risk of assets on the balance sheet as well as off the balance sheet are differentiated.

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Definitions:

Reverse Discrimination

describes situations where affirmative action policies or measures result in discrimination against members of a majority or historically advantaged group.

Affirmative Action

Policies and procedures designed to counteract historic discrimination against certain groups by providing them opportunities in education, employment, and other areas.

Traditionally Segregated

Refers to the separation or division of groups, processes, or things based on traditional factors or historical practices.

Social Security

A government system that provides financial assistance to people with an inadequate or no income, particularly during retirement, disability, or unemployment.