No help, full refund
Our company is committed to help all of our customers to pass PRMIA 8008 as well as obtaining the IT certification successfully, but if you fail exam unfortunately, we will promise you full refund on condition that you show your failed report card to us. In the matter of fact, from the feedbacks of our customers the pass rate has reached 98% to 100%, so you really don't need to worry about that. Our 8008 exam simulation: PRM Certification - Exam III: Risk Management Frameworks, Operational Risk, Credit Risk, Counterparty Risk, Market Risk, ALM, FTP - 2015 Edition sell well in many countries and enjoy high reputation in the world market, so you have every reason to believe that our 8008 study guide materials will help you a lot.
We believe that you can tell from our attitudes towards full refund that how confident we are about our products. Therefore, there will be no risk of your property for you to choose our 8008 exam simulation: PRM Certification - Exam III: Risk Management Frameworks, Operational Risk, Credit Risk, Counterparty Risk, Market Risk, ALM, FTP - 2015 Edition, and our company will definitely guarantee your success as long as you practice all of the questions in our 8008 study guide materials. Facts speak louder than words, our exam preparations are really worth of your attention, you might as well have a try.
After purchase, Instant Download: Upon successful payment, Our systems will automatically send the product you have purchased to your mailbox by email. (If not received within 12 hours, please contact us. Note: don't forget to check your spam.)
Convenience for reading and printing
In our website, there are three versions of 8008 exam simulation: PRM Certification - Exam III: Risk Management Frameworks, Operational Risk, Credit Risk, Counterparty Risk, Market Risk, ALM, FTP - 2015 Edition for you to choose from namely, PDF Version, PC version and APP version, you can choose to download any one of 8008 study guide materials as you like. Just as you know, the PDF version is convenient for you to read and print, since all of the useful study resources for IT exam are included in our PRM Certification - Exam III: Risk Management Frameworks, Operational Risk, Credit Risk, Counterparty Risk, Market Risk, ALM, FTP - 2015 Edition exam preparation, we ensure that you can pass the IT exam and get the IT certification successfully with the help of our 8008 practice questions.
Free demo before buying
We are so proud of high quality of our 8008 exam simulation: PRM Certification - Exam III: Risk Management Frameworks, Operational Risk, Credit Risk, Counterparty Risk, Market Risk, ALM, FTP - 2015 Edition, and we would like to invite you to have a try, so please feel free to download the free demo in the website, we firmly believe that you will be attracted by the useful contents in our 8008 study guide materials. There are all essences for the IT exam in our PRM Certification - Exam III: Risk Management Frameworks, Operational Risk, Credit Risk, Counterparty Risk, Market Risk, ALM, FTP - 2015 Edition exam questions, which can definitely help you to passed the IT exam and get the IT certification easily.
Under the situation of economic globalization, it is no denying that the competition among all kinds of industries have become increasingly intensified (8008 exam simulation: PRM Certification - Exam III: Risk Management Frameworks, Operational Risk, Credit Risk, Counterparty Risk, Market Risk, ALM, FTP - 2015 Edition), especially the IT industry, there are more and more IT workers all over the world, and the professional knowledge of IT industry is changing with each passing day. Under the circumstances, it is really necessary for you to take part in the PRMIA 8008 exam and try your best to get the IT certification, but there are only a few study materials for the IT exam, which makes the exam much harder for IT workers. Now, here comes the good news for you. Our company has committed to compile the 8008 study guide materials for IT workers during the 10 years, and we have achieved a lot, we are happy to share our fruits with you in here.
PRMIA PRM Certification - Exam III: Risk Management Frameworks, Operational Risk, Credit Risk, Counterparty Risk, Market Risk, ALM, FTP - 2015 Edition Sample Questions:
1. A bank's detailed portfolio data on positions held in a particular security across the bank does not agree with the aggregate total position for that security for the bank. What data quality attribute is missing in this situation?
A) Data completeness
B) Data integrity
C) Auditability
D) Data extensibility
2. Calculate the 1-year 99% credit VaR of a portfolio of two bonds, each with a value of $1m, and the probability of default of 1% each over the next year. Assume the recovery rate to be zero, and the defaults of the two bonds to be uncorrelated to each other.
A) 0
B) 980000
C) 20000
D) 1980000
3. Which of the following statements are true:
I. The set of UoMs used for frequency and severity modeling should be identical II. UoMs can be grouped together into larger combined UoMs using judgment based on the knowledge of the business III. UoMs can be grouped together into combined UoMs using statistical techniques IV. One may use separate sets of UoMs for frequency and severity modeling
A) All of the above
B) I, II and III
C) II, III and IV
D) IV only
4. Which of the following situations are not suitable for applying parametric VaR:
I. Where the portfolio's valuation is linearly dependent upon risk factors II. Where the portfolio consists of non-linear products such as options and large moves are involved III. Where the returns of risk factors are known to be not normally distributed
A) I and III
B) II and III
C) All of the above
D) I and II
5. The unexpected loss for a credit portfolio at a given VaR estimate is defined as:
A) Actual Loss - Expected Loss
B) Actual Loss - VaR
C) max(Actual Loss - Expected Loss, 0)
D) VaR - Expected Loss
Solutions:
Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: D |