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Which type of banking risk arises due to failure of internal systems or human error?

easy Q11 of 15
Banking Awareness - Basics Of Banking & Banking Terminology
Which type of banking risk arises due to failure of internal systems or human error?
AOperational risk
BMarket risk
CCredit risk
DLiquidity risk
Step-by-Step Solution

  1. Step 1: Identify the cause of risk

    The risk arises due to internal systems or human mistakes.

  2. Step 2: Match with risk definition

    Operational risk is related to failures of systems, people, or processes.

  3. Final Answer:

    Operational risk → Option A

  4. Quick Check:

    System or human failure = Operational risk ✅
Quick Trick: System or staff failure = Operational risk.
Common Mistakes:
  • Confusing operational risk with credit risk.
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