The CAR Is the Primary Form of Prudential Supervision, Whereas

question 44

True/False

The CAR is the primary form of prudential supervision, whereas efforts by APRA to ensure ADIs are capable of identifying and managing their risks are of secondary importance.

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Definitions:

Idealistic Labels

Concept denoting the attribution of highly optimistic or unrealistic traits to concepts, individuals, or groups, often without acknowledging potential flaws or limitations.

Concrete Examples

Specific, real-life instances or scenarios that are used to explain a concept or to make it easier to understand.

Self-knowledge

An individual's understanding and awareness of their own personality, preferences, and capabilities.

Self-evaluation

Self-evaluation involves assessing one's own abilities, actions, and qualities, typically regarding performance in various aspects of life or tasks.