Banking · Management Information System
Which of the following challenges arises from the inadequacy of Management Information System (MIS) in banks when trying to make pricing risk-based decisions?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Banks lack the capacity to collect data from multiple sources, leading to incomplete MIS, which doesn't affect pricing decisions.
- 2Banks rely too heavily on external data providers, which are insufficient for pricing risks.
- 3The absence of granular data on segmental profits and revenues makes it difficult to implement risk-based pricing strategies.✓
- 4Banks can accurately assess segmental revenues but cannot determine pricing risks due to lack of detailed customer information.
Correct answer
The absence of granular data on segmental profits and revenues makes it difficult to implement risk-based pricing strategies.
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