Value at Risk (Var)
a. Cannot be used to quantify the risk arising out of individual assets/liabilities
b. Can be used to lay down the policy for the level of overall risk that is acceptable to the management
c. Does not measure event risk
d. Can be used to indentify which risk is prevailling for particular transaction
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correct option is d] can be used to indentify which risk is prevailling for particular transaction.
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