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最新的 GARP Certification ICBRR 免費考試真題:
1. Which one of the following areas does not typically report into a central operational risk function?
A) Geopolitical and strategic planning
B) Embedded operational risk coordinators or specialists or managers
C) Business continuity planning
D) Information security
2. When looking at the distribution of portfolio credit losses, the shape of the loss distribution is ___ , as the likelihood of total losses, the sum of expected and unexpected credit losses, is ___ than the likelihood of no credit losses.
A) Asymmetric; greater
B) Asymmetric; less
C) Symmetric; less
D) Symmetric; greater
3. Which one of the following four statements about the "market-maker" trading strategy is INCORRECT?
A) This strategy is independent of market liquidity and number of other market makers.
B) A market maker can benefit from the market information she gets from the trades she is asked to execute.
C) A market maker that attracts buy and sell orders can make a profit from the spread quoted between the buy and sell price.
D) This risk in this strategy is that traders have to take positions that may quickly incur a loss.
4. An asset and liability manager for a large financial institution has to recognize that retail products ___ include embedded options, which are often not rationally exercised, while wholesale products ___ carry penalties for repayment or include rights to terminate wholesale contracts on very different terms than are common in retail products.
A) Hardly ever; typically
B) Frequently; typically
C) Frequently; rarely
D) Hardly ever; rarely
5. Which one of the following four statements correctly defines credit risk?
A) Credit risk is the risk that summarizes the exposures a company or firm assumes when it attempts to operate within a given field or industry.
B) Credit risk is the risk that complements market and liquidity risks.
C) Credit risk is a form of performance risk in contractual relationship.
D) Credit risk is the risk arising from execution of a company's strategy.
問題與答案:
問題 #1 答案: A | 問題 #2 答案: A | 問題 #3 答案: A | 問題 #4 答案: B | 問題 #5 答案: C |