최신 2016-FRR 무료덤프 - GARP Financial Risk and Regulation (FRR) Series
Which one of the following activities is carried out by the back office?
정답: B
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Changes to which one of the following four factors would typically not increase the cost of credit?
정답: C
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Which of the following bank events could stress the bank's liquidity position?
I. Maturing of bank debt
II. Repurchase agreements
III. Futures margins
IV. Staff turnover
I. Maturing of bank debt
II. Repurchase agreements
III. Futures margins
IV. Staff turnover
정답: B
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A risk associate responsible for the operational risk function wants to evaluate the upward reporting governance structure and to assess its critical features. Which one of the four attributes does not represent a critical feature of the upward reporting governance structure?
정답: D
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Present value of a basis point (PVBP) is one of the ways to quantify the risk of a bond, and it measures:
정답: A
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A portfolio manager is interested in computing risk measures for his bond investment portfolio. Which of the following measures the sensitivity of duration to interest rates?
정답: A
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What is it called when obligors default at the same time?
정답: D
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Which of the following are the most common methods to increase liquidity in stressed conditions?
I). Selling or securitizing assets.
II). Obtaining additional credit lines.
III). Securing a better credit rating.
I). Selling or securitizing assets.
II). Obtaining additional credit lines.
III). Securing a better credit rating.
정답: A
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To ensure good risk management which of the following should be true about the CRO role and function?
정답: A
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In early March, an energy trader takes a long position in natural gas futures for delivery in June, and hedges this exposure by taking a position in futures for July delivery. These trades were executed on the expectation that over time, the relative prices of the June and July contracts will come into alignment, the movement in these two contracts will largely mirror each other, and as a result of this, the net exposure is minimized and the position is protected against absolute price movements. However, if the two relative prices do not come into alignment with each other due to the scarcity of any of the two traded contracts in the futures market, the trader is likely to become exposed to the
정답: D
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A customer asks a broker employed by AlphaBank to buy Eureka Corporation bonds for her account. While this trade was executed correctly and the bonds were bought, the trade was mistakenly accounted for as a sell order. If the price of Eureka Corporation bonds goes up, this trade would result in a significantly larger loss than if the market had remained stable. However, if the market drops, the customer will benefit from the incorrect accounting and gain from this trade. This trading scenario can serve as an example that
정답: B
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Which one of the following areas does not typically report into a central operational risk function?
정답: D
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Which of the following statements are reasons for mathematical valuation and risk assessment models to be misleading or inaccurate?
I. There could be missing factors in models.
II. The data used as input for the model could be bad or wrong.
III. Model results could be misinterpreted.
IV. There could be errors in the derivation of the model.
I. There could be missing factors in models.
II. The data used as input for the model could be bad or wrong.
III. Model results could be misinterpreted.
IV. There could be errors in the derivation of the model.
정답: A
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Under the Basel II Accord, when using the Basic Indicator Approach to calculate its operational risk capital, a bank multiplies how many years of gross income by what percentage?
정답: D
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The mark-to-market process includes which one of the following activities?
정답: C
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