Free PRMIA 8010 Exam Questions
Absolute Free 8010 Exam Practice for Comprehensive Preparation
-
PRMIA 8010 Exam Questions
-
Provided By: PRMIA
- Exam: Operational Risk Manager (ORM)
- Certification: PRM
-
Total Questions: 242
-
Updated On: Dec 07, 2025
-
Rated: 4.9 |
-
Online Users: 484
-
Question 1
-
Which of the following is a cause ofmodel risk in risk management?
Answer: D
-
Which of the following is a cause ofmodel risk in risk management?
-
Question 2
-
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
-
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:
-
Question 3
-
In respect of operational risk capital calculations, the Basel II accord recommends a confidence leveland time
horizon of
Answer: D
-
In respect of operational risk capital calculations, the Basel II accord recommends a confidence leveland time
horizon of
-
Question 4
-
Which of the following carry greater counterparty risk: a forward contract on a 10 year note, or a commercial
paper carrying a AA credit rating with identicalmaturity and notional?
Answer: D
-
Which of the following carry greater counterparty risk: a forward contract on a 10 year note, or a commercial
paper carrying a AA credit rating with identicalmaturity and notional?
-
Question 5
-
Which of the following is true in relation to the application of Extreme Value Theory when applied tooperational risk measurement?I. EVT focuses on extreme losses that are generally not covered by standard distribution assumptionsII. EVT considers the distribution of losses in the tailsIII. The Peaks-over-thresholds (POT) and the generalized Pareto distributions are used to model extreme valuedistributionsIV. EVT is concerned with average losses beyond a given level of confidence
Answer: C
-