2016-FRR Dumps

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GARP 2016-FRR dumps - 100% Pass Guarantee!

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Vendor: GARP

Certifications: Financial Risk and Regulation

Exam Name: Financial Risk and Regulation (FRR) Series

Exam Code: 2016-FRR

Total Questions: 342 Q&As ( View Details)

Last Updated: Apr 15, 2024

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2016-FRR Q&A's Detail

Exam Code: 2016-FRR
Total Questions: 342
Single & Multiple Choice 342

2016-FRR Online Practice Questions and Answers

Questions 1

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?

A. Citibank

B. UBS AG

C. Deutsche Bank

D. Barclays Capital

Show Answer
Questions 2

After entering the securitization business, Delta Bank increases its cash efficiency by selling off the lower risk portions of the portfolio credit risk. This process ___ risk on the residual pieces of the credit portfolio, and as a result it ___ return on equity for the bank.

A. Decreases; increases;

B. Increases; increases;

C. Increases; decreases;

D. Decreases; increases;

Show Answer
Questions 3

When a credit risk manager analyzes default patterns in a specific neighborhood, she finds that defaults are increasing as the stigma of default evaporates, and more borrowers default. This phenomenon constitutes

A. Moral hazard

B. Speculative bias

C. Herd behavior

D. Adverse selection

Show Answer
Questions 4

The Basel II Accord's operational risk definition excludes all of the following items EXCEPT:

A. Legal risk

B. Strategic risk

C. Reputational risk

D. Geopolitical risk

Show Answer
Questions 5

When considering the advantages of operational risk function owned by the Chief Compliance Officer in a financial institution, an operational risk manager consultant suggests that this governance approach will have all of the following advantages except:

A. This governance structure maintains an independent operational risk function.

B. The operational risk function is closely linked in a partnership with the compliance function to leverage data and assessment activities.

C. The operational risk function quickly inherits an existing reporting structure, established meeting schedules and functional reporting cycles from the compliance function.

D. In accordance with Basel II Accord, the operational risk function should report directly into the audit function and strengthen that function.

Show Answer More Questions

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