- 20 Marks
MRB – OCT 2022 – L4 – Q8 – Data Sources for Strategic Risk Management in MFIs
Write short notes on four data sources (government initiatives, regulator pronouncements, media publications, business performance data) and how they aid strategic risk management in MFIs.
Question
- In measuring the probability and potential impact of the various strategic risks on the MFIs, the Board and Key Management Personnel will focus on the adequacy of internal policies and procedures as well as the extent to which these policies and procedures are effective to control the occurrence and mitigate the potential effect of identified risks. Write short notes on the following data sources of information and indicate how they help strategic risk management of MFIs.
• Government initiatives and programs (5 Marks)
• Periodic pronouncements of the regulator (5 Marks)
• Media publications and changes in the industry landscape (5 Marks)
• Data on business performance (5 Marks)
Find Related Questions by Tags, levels, etc.
- Tags: Data Sources, Government Initiatives, MFIs, Risk Management, Strategic Risks
- Level: Level 4
- Topic: Role of Capital in Microfinance Operations
- Series: OCT 2022
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