Free PDF GARP Valid 2016-FRR Test Topics Are Leading Materials & Practical 2016-FRR: Financial Risk and Regulation (FRR) Series
Free PDF GARP Valid 2016-FRR Test Topics Are Leading Materials & Practical 2016-FRR: Financial Risk and Regulation (FRR) Series
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Tags: Valid 2016-FRR Test Topics, Test 2016-FRR Collection, Valid Exam 2016-FRR Book, 2016-FRR New Braindumps, Reliable 2016-FRR Study Plan
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The FRR Series offered by GARP is an essential certification for professionals working in financial risk management or regulatory compliance. It covers a wide range of topics and is recognized as a mark of excellence by employers and colleagues. While preparing for the exams can be challenging, the knowledge and skills gained from studying for the FRR exams can help professionals improve their decision-making and risk management abilities.
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Test GARP 2016-FRR Collection, Valid Exam 2016-FRR Book
You can find different kind of GARP exam dumps and learning materials in our website. You just need to spend your spare time to practice the 2016-FRR valid dumps and the test will be easy for you if you remember the key points of 2016-FRR Test Questions and answers skillfully. Getting high passing score is just a piece of cake.
The Global Association of Risk Professionals (GARP) is a non-profit organization that is dedicated to promoting risk management practices in the financial industry. One of the ways that GARP accomplishes this goal is by offering certification programs that validate the knowledge and expertise of risk professionals. One of the most prestigious and sought-after certifications offered by GARP is the Financial Risk and Regulation (FRR) Series Exam.
GARP Financial Risk and Regulation (FRR) Series Sample Questions (Q349-Q354):
NEW QUESTION # 349
Which one of the following four options correctly identifies the core difference between bonds and loans?
- A. These instruments are subject to different credit counterparty regulations.
- B. These instruments have different pricing drivers.
- C. These instruments receive a different legal treatment.
- D. These instruments cannot be used to estimate credit capital under provisions of the Basel II Accord.
Answer: C
Explanation:
* Bonds and loans are fundamentally different in their legal structures and treatment. Bonds are typically issued in the public markets and are subject to securities laws and regulations, while loans are generally private agreements between a borrower and a lender.
* Both instruments can be used to estimate credit capital under Basel II provisions, so option C is incorrect.
* The pricing drivers for bonds and loans can overlap significantly, such as interest rates and credit risk, so option B is not the core difference.
* Both bonds and loans can be subject to credit counterparty regulations, making option D incorrect.
References:
How Finance Works: "The core difference between bonds and loans lies in their legal treatment and issuance processes."
NEW QUESTION # 350
James Johnson manages a bond portfolio with all investment grade bonds.
Adding which of the following bonds would minimize the credit risk of his portfolio?
- A. B
- B. A
- C. C
- D. D
Answer: B
Explanation:
Minimizing credit risk in a bond portfolio involves selecting bonds with the highest credit quality. Investment- grade bonds are classified from AAA to BBB. Bonds rated AAA have the lowest default risk, which is a key factor in minimizing credit risk in a portfolio. When managing a bond portfolio composed of investment- grade bonds, adding bonds with the highest rating (AAA) will effectively minimize credit risk.
NEW QUESTION # 351
A large multinational bank is concerned that their duration measures may not be accurate since the yield curve
shifts are not parallel. Which of the following statements would be typically observed regarding variability of
interest rates?
- A. Short-term rates and long-term rates always move in opposite directions.
- B. Short-term rates are equally variable as long-term rates.
- C. Short-term rates are more variable than long-term rates.
- D. Short-term rates are less variable than long-term rates.
Answer: C
NEW QUESTION # 352
James manages a loans portfolio. He has to evaluate a large number of loans to choose which of them he will keep in the bank's books. Which one of the following four loans would he be most likely to sell to another bank?
- A. Loan to a major customer who is also a director and a large owner.
- B. Loan to a commercial customer with a good payment history and collateral.
- C. Loan to a borrower who has been delinquent previously, but now is performing as agreed.
- D. Loan made to a highly risky borrower that is fully collateralized by the customer's deposits.
Answer: D
Explanation:
James is managing a loans portfolio and must evaluate which loans to keep or sell. The most likely loan to be sold is one made to a highly risky borrower, even if it is fully collateralized by the customer's deposits. This is because, despite the collateral, the high risk associated with the borrower could lead to potential problems and higher costs for the bank in the future. Selling this loan transfers the risk to another bank and frees up resources for potentially more profitable and less risky loans.
NEW QUESTION # 353
Which one of the following four alternatives lists the three most widely traded currencies on the global foreign exchange market, as of April 2007, in the decreasing order of market share? EUR is the abbreviation of the European euro, JPY is for the Japanese yen, and USD is for the United States dollar, respectively.
- A. USD, EUR, JPY
- B. USD, JPY, EUR
- C. EUR, USD, JPY
- D. JPY, EUR, USD
Answer: A
Explanation:
As of April 2007, the three most widely traded currencies on the global foreign exchange market in decreasing order of market share were the United States dollar (USD), the European euro (EUR), and the Japanese yen (JPY). This ranking reflects the liquidity and trading volume associated with each currency, with the USD being the most traded, followed by the EUR and then the JPY.
References:Information confirming the ranking of the three most widely traded currencies can be found in financial market reports and historical data from financial institutions that track foreign exchange volumes.
NEW QUESTION # 354
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