Free PRMIA 8010 Exam Questions
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PRMIA 8010 Exam Questions
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Provided By: PRMIA
- Exam: Operational Risk Manager (ORM)
- Certification: PRM
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Total Questions: 242
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Updated On: Feb 19, 2025
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Rated: 4.9 |
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Online Users: 484
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Question 1
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Which of the following is true for the actuarial approach to credit risk modeling (CreditRisk+):
Answer: C
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Which of the following is true for the actuarial approach to credit risk modeling (CreditRisk+):
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Question 2
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The Options Theoretic approach to calculating economic capital considers the value of capital as being
equivalent to a call option with a strike price equal to:
Answer: A
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The Options Theoretic approach to calculating economic capital considers the value of capital as being
equivalent to a call option with a strike price equal to:
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Question 3
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A bullet bond and an amortizing loan are issued at the same time with the same maturity and with the same
principal. Which of these would have a greater credit exposure halfway through their life?
Answer: D
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A bullet bond and an amortizing loan are issued at the same time with the same maturity and with the same
principal. Which of these would have a greater credit exposure halfway through their life?
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Question 4
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In respect of operational risk capital calculations, the Basel II accord recommends a confidence leveland time
horizon of
Answer: D
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In respect of operational risk capital calculations, the Basel II accord recommends a confidence leveland time
horizon of
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Question 5
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Which of the following statements are true:I. Credit risk and counterparty risk are synonymousII. Counterparty risk is the contingent risk from a counterparty's default in derivative transactionsIII. Counterparty risk is the risk of a loan default or the risk from moneys lent directlyIV. The exposure at default is difficult to estimate for credit risk as it depends upon market movements
Answer: C
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