Recall / Sensitivity: Proportion of actual positive cases which are correctly identified.Precision: Proportion of predicted positive cases that were correctly identified.
Accuracy: Proportion of the total number of predictions that were correct.It is a N x N matrix, where N is the number of classes being predicted.If EL > Provision then excess is reduced from capital. Foundation IRB Approach: Banks own estimation of 1-year PD and regulators prescribed LGD and EAD.If loss has occurred then it impacts Tier 1 capital Standardized Approach: Regulators prescribed risk weight.What are the approaches for the treatment of impaired provisions?.Requiring institutions to disclose details or scope of application, capital, risk exposures, risk assessment process and capital adequacy of the institution Market Discipline: Developing a set of disclosure requirement.Gives banks the power to review their risk management system Supervisory Review: It is based on Internal Capital Adequacy Assessment Plan.For operational risk the approaches are – Basic indicator approach, standardized approach and internal measurement approach.For credit risk approaches are – Standardized, F-IRB and A-IRB.Minimum Capital Requirement: Calculated based on the risk under various heads.What are the 3 Pillars in Basel Framework?.Top Interview Questions For A Data Engineer Job Profile.12 Most Popular Python Interview Questions You Must Prepare For.11 Most Commonly Asked NLP Interview Questions For Beginners.10 Important Pandas Interview Questions Every Beginner Must Know.60 Interview Questions On Machine Learning.Most Commonly Asked Interview Questions On Data Visualisation.40 Interview Questions On Statistics For Data Scientists.Top XGBoost Interview Questions For Data Scientists.Top Interview Questions To Land A Cloud Architect Job.Top SQL Interview Questions For Data Scientists.10 Questions on Model Development and Validation.Python Guide to Precision-Recall Tradeoff