최신 2016-FRR 무료덤프 - GARP Financial Risk and Regulation (FRR) Series
What are the add-on losses faced by a bank that is going bankrupt?
I. The discount accepted by the bank for selling its assets in a fire sale.
II. The increased cost of funding liabilities in a financially distressed situation.
III. The reduction in the present value of future growth opportunities.
IV. Loss of goodwill and intangible assets.
I. The discount accepted by the bank for selling its assets in a fire sale.
II. The increased cost of funding liabilities in a financially distressed situation.
III. The reduction in the present value of future growth opportunities.
IV. Loss of goodwill and intangible assets.
정답: C
설명: (DumpTOP 회원만 볼 수 있음)
A bank owns a portfolio of bonds whose composition is shown below.
What is the modified duration of the portfolio?
What is the modified duration of the portfolio?
정답: C
설명: (DumpTOP 회원만 볼 수 있음)
If the yield on the 3-month risk free bonds issued by the U.S government is 0.5%, and the 3-month LIBOR rate is 2.5%, what is the TED spread?
정답: B
설명: (DumpTOP 회원만 볼 수 있음)
To protect the oranges harvest price level, a farmer needs to take a hedge position. Provided that he produces the amount he hedged, which one of the following four strategies will allow the farmer to accomplish his goal?
정답: A
설명: (DumpTOP 회원만 볼 수 있음)
An asset-sensitive bank will have a ___ cumulative gap and will benefit from ___ interest rates.
정답: B
설명: (DumpTOP 회원만 볼 수 있음)
The value of which one of the following four option types is typically dependent on both the final price of its underlying asset and its own price history?
정답: B
설명: (DumpTOP 회원만 볼 수 있음)
SigmaBank has many branches that offer the same products and services. Which one of the four following statement presents an advantage of using RCSA questionnaire approach in the SigmaBank's operational risk framework?
정답: D
설명: (DumpTOP 회원만 볼 수 있음)
Gamma Bank provides a $100,000 loan to Big Bath retail stores at 5% interest rate (paid annually). The loan is collateralized with $55,000. The loan also has an annual expected default rate of 2%, and loss given default at 50%. In this case, what will the bank's expected loss be?
정답: A
설명: (DumpTOP 회원만 볼 수 있음)
According to the largest global poll of foreign exchange market participants, which one of the following four global financial institutions was the most active participant in the global foreign exchange market?
정답: D
설명: (DumpTOP 회원만 볼 수 있음)
Which one of the following four statements regarding the basic Net Interest Income model is INCORRECT?
정답: A
설명: (DumpTOP 회원만 볼 수 있음)
For a bank a 1-year VaR of USD 10 million at 95% confidence level means that:
정답: A
설명: (DumpTOP 회원만 볼 수 있음)
Present value of a basis point (PVBP) is one of the ways to quantify the risk of a bond, and it measures:
정답: A
설명: (DumpTOP 회원만 볼 수 있음)
Operational risk team for a large international bank is implementing business continuity planning (BCP).
Which of the following BCP activities fall within the definition of operational risk and represent Basel II Accord's operational risk categories:
I. Damage to Physical Assets
II. Business Disruption and System Failures
III. Social Distancing Requirements
IV. Potential for Extreme Losses
Which of the following BCP activities fall within the definition of operational risk and represent Basel II Accord's operational risk categories:
I. Damage to Physical Assets
II. Business Disruption and System Failures
III. Social Distancing Requirements
IV. Potential for Extreme Losses
정답: C
설명: (DumpTOP 회원만 볼 수 있음)
BetaFin, a financial services firm, does not have retail branches, but has fixed income, equity, and asset management divisions. Which one of the four following risk and control self-assessment (RCSA) methods fits the firm's operational risk framework the best?
정답: A
설명: (DumpTOP 회원만 볼 수 있음)