Mathematics · Banking and Finance
A bank is calculating its Capital Charge for Operational Risk under the Basic Indicator Approach (BIA). The bank's Gross Income for the last three years is: Year 1: 1,000 Crore, Year 2: 1,200 Crore, and Year 3: 1,400 Crore. The Alpha factor set by the Basel Committee is 15%. Calculate the Operational Risk Capital Charge using the BIA formula.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1120 Crore
- 2210 Crore
- 3150 Crore
- 4180 Crore✓
Correct answer
180 Crore
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