Fino Payments Bank Fraud Investigation Manager Interview Questions and Answers for Experienced

RBI regulates monetary policy, supervises banks, and manages foreign exchange. Risk and fraud involve financial loss due to deception or mismanagement.

• RBI is the central bank of India and is responsible for regulating monetary policy, supervising banks, and managing foreign exchange.

• Risk involves the potential for financial loss due to uncertainty or unforeseen events.

• Fraud involves intentional deception or misrepresen...read more

Risk management is the process of identifying, assessing, and controlling potential risks that could affect an organization's objectives.

• It involves identifying potential risks and their likelihood of occurring

• Assessing the potential impact of those risks on the organization

• Developing strategies to mitigate or control those risks

• Monitoring and reviewing the effectiveness of those strategies

• Examples include implementing...read more

Risk management is necessary to identify, assess, and mitigate potential risks that can impact an organization's operations and reputation.

• Helps in identifying potential risks and vulnerabilities

• Assesses the likelihood and impact of risks

• Develops strategies to mitigate or avoid risks

• Ensures compliance with regulations and laws

• Protects the organization's reputation and financial stability

• Examples: cyber threats, fraud,