New GARP 2016-FRR Exam Dumps - 2016-FRR Latest Exam Papers
BONUS!!! Download part of Actual4test 2016-FRR dumps for free: https://drive.google.com/open?id=1t2jB2iSO5sPm68GOCuryFBj0CiA1U7iZ
Do you want to pass your exam just one time? Then choose us, we can do that for you. 2016-FRR exam cram contains both questions and answers, and you can have a quick check after practicing. 2016-FRR exam materials are high-quality, because we have professional team to compile and verify them. In order to build up your confidence for 2016-FRR Training Materials, we are pass guarantee and money back guarantee, and if you fail to pass the exam, we will give you fell refund. We provide you with free update for 365 days, so that you can know the latest information for the exam, and the update version for 2016-FRR exam dumps will be sent to your email automatically.
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.
>> New GARP 2016-FRR Exam Dumps <<
2016-FRR Latest Exam Papers & 2016-FRR Test Book
As a busy working person it will cost a lot of time and energy to prepare for upcoming test, what's to be done? You can try our latest GARP 2016-FRR practice exam online materials. You can know more about exam information and master all valid exam key knowledge points. 2016-FRR Practice Exam Online is excellent product of all examination questions with high passing rate. It will improve your studying efficiency and low exam cost.
GARP 2016-FRR Certification Exam is open to professionals in the financial industry, including risk managers, compliance officers, auditors, and regulators. Candidates are required to have a minimum of two years of relevant work experience and a bachelor's degree or higher to be eligible to take the exam.
GARP Financial Risk and Regulation (FRR) Series Sample Questions (Q112-Q117):
NEW QUESTION # 112
An asset and liability manager for a large financial institution has to recognize that retail products ___ include
embedded options, which are often not rationally exercised, while wholesale products ___ carry penalties for
repayment or include rights to terminate wholesale contracts on very different terms than are common in retail
products.
Answer: C
NEW QUESTION # 113
Which one of the following four statements represents the advantages of the historical sim-ulation method when calculating VaR?
Answer: B
Explanation:
The historical simulation method does not assume a normal distribution of asset returns. Instead, it uses actual historical returns to simulate future returns, thereby addressing the problem of incorrect assumptions about the normal distribution of asset returns. This approach can better capture the empirical distribution of returns, including skewness and kurtosis.
NEW QUESTION # 114
Bank Alpha is making a decision about lending 10-year loans in a sector that is fairly illiquid and is looking at
various options to fund the loans. Which of the following options to fund the loans exhibits the most
exogenous liquidity risk?
Answer: A
NEW QUESTION # 115
Using the definitions used by JPMorgan Chase in their annual report, which of the following exposure types
would be considered as a non-trading risk exposure?
I. Short term equity investments
II. Loans held to maturity
III. Mortgage servicing rights
IV. Derivatives used to manage asset/liability exposure.
Answer: B
NEW QUESTION # 116
A bank customer chooses a mortgage with low initial payments and payments that increase over time because the customer knows that she will have trouble making payments in the early years of the loan. The bank makes this type of mortgage with the same default assumptions uses for ordinary mortgages, thus underestimating the risk of default and becoming exposed to:
Answer: C
Explanation:
Adverse selection occurs when one party in a transaction has more or better information than the other party, often leading to the more informed party exploiting the situation. In this case, the bank customer chooses a mortgage with low initial payments, knowing she will have trouble making early payments. The bank, using standard default assumptions for ordinary mortgages, underestimates the risk of default, thus exposing itself to adverse selection, where the higher-risk borrowers are more likely to select this type of mortgage.
NEW QUESTION # 117
......
2016-FRR Latest Exam Papers: https://www.actual4test.com/2016-FRR_examcollection.html
2025 Latest Actual4test 2016-FRR PDF Dumps and 2016-FRR Exam Engine Free Share: https://drive.google.com/open?id=1t2jB2iSO5sPm68GOCuryFBj0CiA1U7iZ
