Questions

RAROC is a risk-adjusted framework for profitability measurement and profitability management. It is a tool for measuring risk-adjusted financial performance. And it provides a uniform view of profitability across businesses (Strategic Business Units / divisions). RAROC and related concepts such as RORAC and RARORAC are mainly used within (business lines of) banks and insurance companies. RAROC is defined as the ratio of risk-adjusted return to economic capital.

Culture is the social behavior and norms found in human societies. The 7 main elements that make up culture are ::

1. Social organization
- the family patterns and social classes of a culture.

2. Customs and traditions
- way people act, wear, what they eat, and their laws.

3. Language
- communication by word of mouth.

4. Religion
- a system of beliefs that answers questions about the meaning of life.

5. Art and literature
- ways the people entertain themselves. There stories they tell and how they dance. Its also the music they listen to and there artwork.

6. Forms of government
- the people or group(s) that control the people and provide/ enforce the laws.

7. Economic systems
- the method used by a society to produce and distribute goods and services.

A tetrad is best described by Four chromatids. It is formed from two homologous chromosomes, each consisting of two chromatids in the first stage of meiosis called prophase1.

IPCC stands for the Intergovernmental Panel on Climate Change. It was established in 1988 by the World Meteorological Organization and the United Nations Environment Programme.

• IPCC, with respect to Chartered Accountancy, stands for Integrated Professional Competence Course. This is the second level of the CA course.

The world’s largest tropical rainforest Amazon rain forests are called "Lungs of the Earth". It is so called because it produces 20% of the Earth's oxygen, and is also a vast carbon sink, absorbs more than 1 billion tons of atmospheric carbon which is emitted by the burning of fossil fuels annually.