2016-FRR別格な問題集をダウンロードして無料で最新の（2016-FRRテスト問題集をゲット2023年11月30日)
2016-FRR問題集は合格保証します合格できる2016-FRR試験問題2023年更新
GARP 2016-FRR認定試験は、2つのパートで構成されています。パート1は金融リスクと規制の基礎をカバーし、パート2は高度なトピックを扱います。試験はコンピュータベースで、複数選択肢の問題から構成されています。試験の両方を同じ日に受験することも、別々の日に受験することも可能です。試験は世界中の多くの場所で提供されており、候補者は最も便利な場所を選択することができます。
質問 # 28
Which one of the four following statements about a minimal loss threshold in operational loss data collection
is incorrect?
- A. The operational loss data collection program must include all material losses that are above minimal
gross loss threshold. - B. A company can have differing operational loss data collection and reporting thresholds for different
departments. - C. Setting an operational loss data collection threshold depends on the risk appetite of the firm and
regulatory requirements it needs to meet. - D. The operational loss data collection program has to capture all losses regardless of their size.
正解：D
質問 # 29
Alpha Bank determined that Delta Industrial Machinery Corporation has 2% change of default on a one-year
no-payment of USD $1 million, including interest and principal repayment. The bank charges 3% interest rate
spread to firms in the machinery industry, and the risk-free interest rate is 6%. Alpha Bank receives both
interest and principal payments once at the end the year. Delta can only default at the end of the year. If Delta
defaults, the bank expects to lose 50% of its promised payment. Hence, the loss rate in this case will be
- A. 5%
- B. 3%
- C. 10%
- D. 1%
正解：D
質問 # 30
What is a common implicit assumption that is made when computing VaR using parametric methods?
- A. The mean and standard deviation of returns change periodically in response to crises.
- B. The mean of and the standard deviations of returns are both constant.
- C. The expected returns are constant, but the standard deviation changes over time.
- D. The standard deviations of returns are constant, but the mean changes over time.
正解：B
質問 # 31
An options trader for a large institutional investor takes a long equity option position. Which of the following
risks need to be considered when taking this position?
I. All the risks of underlying equities
II. Perceived volatility changes
III. Future dividends yields
IV. Risk-free interest rates
- A. I, II, III, IV
- B. I, II
- C. III, IV
- D. II, III
正解：A
質問 # 32
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?
- A. Entering into a customized forward contract with the bank
- B. Going long on oranges futures contacts
- C. Going short on oranges futures contracts
- D. Negotiating a credit line facility
正解：C
質問 # 33
By lowering the spread on lower credit quality borrowers, the bank will typically achieve all of the following
outcomes EXCEPT:
- A. Aggressively courting of new business
- B. Higher losses in case of default
- C. Lower probability of default
- D. Rapid growth
正解：C
質問 # 34
Gamma Bank provides a $100,000 loan to Big Bath retail stores at 5% interest rate (paid annually). 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? What is the expected loss of this loan?
- A. $550
- B. $1,050
- C. $750
- D. $300
正解：B
質問 # 35
A customer of EtaBank, Alfred Fall, fell on the marble floors of the bank and sustained substantial injuries.
Subsequently, he won a personal injury claim of $50,000 against EtaBank. How should EtaBank's operational
loss data event information database categorize this event?
- A. This event would qualify as "Business Disruption and System Failures".
- B. This event would not qualify as an operational risk event.
- C. This event would qualify as "Legal Risk".
- D. This event would qualify as "Employment Practices and Workplace Safety".
正解：D
質問 # 36
Arnold Wu owns a floating rate bond. He is concerned that the rates may fall in the future decreasing his
payment amount. Which of the following instruments should he buy to hedge against the fall in interest rates?
- A. Interest rate swap that receives floating and pays fixed
- B. Interest rate cap
- C. Interest rate floor
- D. Index amortizing swap
正解：C
質問 # 37
Which of the following about the ratios between various Tiers of capital is not a requirement of the Basel
Committee?
- A. Innovative instruments in Tier 1 are limited to a maximum of 15% of Tier 1 capital.
- B. Lower Tier 2 capital may only equal 50% of core capital.
- C. Upper Tier 2 capital may only equal 30% of core capital.
- D. Tier 2 capital cannot exceed 50% of the bank's total regulatory capital.
正解：A
質問 # 38
Which one of the four following statements about the Risk Adjusted Return on Capital (RAROC) is correct?
RAROC is the ratio of:
- A. Value-at-risk to the profitability of a trading portfolio or a business unit.
- B. Risk to the profitability of a trading portfolio or a business unit within the bank.
- C. Profitability to the expected return of a trading portfolio or bank business unit.
- D. Profitability to the risk of a trading portfolio or bank business unit.
正解：D
質問 # 39
Which of the following statements presents an advantage of using risk and control self-assessments (RCSA) in
the operational risk framework?
I. RCSA provides very accurate scoring of risks and controls due to its subjective nature.
II. RCSA program provides insight into risks that exist in a firm, but that may or may not have occurred
before.
III. RCSA program can produce biased but transparent operational risk reporting.
IV. RCSA program allows each department to take ownership of its own risks and controls.
- A. I, II and III
- B. I and III
- C. II, III, and IV
- D. II and IV
正解：D
質問 # 40
For which one of the following four reasons do corporate customers use foreign exchange derivatives?
I. To lock in the current value of foreign-denominated receivables
II. To lock in the current value of foreign-denominated payables
III. To lock in the value of expected future foreign-denominated receivables
IV. To lock in the value of expected future foreign-denominated payables
- A. I, II, III, IV
- B. I and IV
- C. II and III
- D. II
正解：A
質問 # 41
The Basel II Accord's operational risk definition excludes all of the following items EXCEPT:
- A. Legal risk
- B. Geopolitical risk
- C. Strategic risk
- D. Reputational risk
正解：A
質問 # 42
According to Basel II what constitutes Tier 3 capital?
- A. Subordinated debt issues that pay interest.
- B. Debt capital that can only be used to support market risk in the trading book of the bank.
- C. Preference shares that confer on issuers the right to defer payment of a fixed dividend.
- D. Hybrid debt capital instruments that are similar to equity.
正解：B
質問 # 43
To achieve leverage in long positions, a bank can use the following strategy:
I. Securities may be purchased with borrowed funds using a bank loan from the broker.
II. Securities may be borrowed on margin by taking a loan from a broker.
III. Securities may be purchased and used in a repo transaction to generate cash for further security purchases.
IV. The bank may enter into a derivative transaction, such as a total return swap, that requires little to no
collateral but mimics the performance of a long or short position in the underlying instrument.
- A. I, II, III, IV
- B. I, II
- C. I, III
- D. II, IV
正解：A
質問 # 44
Which one of the following four statements about planning for the operational risk framework is
INCORRECT?
- A. Once the elements of an operational risk framework are up and running, they need to be monitored to
ensure they maintain their integrity and do not deteriorate over time. - B. Planning for the operational risk framework suggests that short-term planning and focus on immediate
benefits is strongly preferred to the long-term planning approach. - C. Planning for the operational risk framework involves setting clear goals, realistic milestones and
achievable deliverables that add value. - D. An operational risk framework is a complex and evolving challenge, and to keep its development under
control it is important to apply strong project management skills to the design and implementation of
each new element.
正解：B
質問 # 45
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GARP 2016-FRR試験は、FRRシリーズの試験の1つであり、現在のリスク管理慣行と規制要件に関する知識を実証したい金融専門家向けに設計されています。この試験では、定量分析、市場リスク管理、信用リスク管理、運用リスク管理、規制コンプライアンスなど、幅広いトピックをカバーしています。この試験では、候補者が規制環境と金融機関に対する規制の変更の影響についての理解をテストします。
検証済みの2016-FRR問題集で問題と解答で合格保証試験問題集テストエンジン：https://www.jpntest.com/shiken/2016-FRR-mondaishu