Free GARP FRM-Part-1 Exam Questions
Absolute Free FRM-Part-1 Exam Practice for Comprehensive Preparation
-
GARP FRM-Part-1 Exam Questions
-
Provided By: GARP
- Exam: FRM Exam Part I
- Certification: GARP Certification
-
Total Questions: 533
-
Updated On: Apr 09, 2025
-
Rated: 4.9 |
-
Online Users: 1066
-
Question 1
-
Which of the following liquidity de nitions is most likely associated with funding liquidity?
Answer: D
-
Which of the following liquidity de nitions is most likely associated with funding liquidity?
-
Question 2
-
A bank has entered into a 3 x 6 forward rate agreement to receive a xed rate of 3.35 percent on $12 million in six months. If the applicable rate in three months is 3.62 percent, the cash ow associated with this forward rate agreement for the bank would be closest to:
Answer: C
-
A bank has entered into a 3 x 6 forward rate agreement to receive a xed rate of 3.35 percent on $12 million in six months. If the applicable rate in three months is 3.62 percent, the cash ow associated with this forward rate agreement for the bank would be closest to:
-
Question 3
-
In the context of stress testing principles for banks, which of the following statements is correct regarding wrong-way risk? Wrong-way risk emerges when: there are changes in basis between the opening and closing of a futures
Answer: A
-
In the context of stress testing principles for banks, which of the following statements is correct regarding wrong-way risk? Wrong-way risk emerges when: there are changes in basis between the opening and closing of a futures
-
Question 4
-
An analyst is using key rate shifts to model the term structure of interest rates. For key rates the analyst has chosen the 1-year, 7-year, and 20-year yields. The rate changes that will have an e ect on a 5-year bond are:
Answer: B
-
An analyst is using key rate shifts to model the term structure of interest rates. For key rates the analyst has chosen the 1-year, 7-year, and 20-year yields. The rate changes that will have an e ect on a 5-year bond are:
-
Question 5
-
Suppose that the single-monthly mortality rate (SMM) is equal to 0.004. The mortgage balance for a certain month is $100 million, and the scheduled principal payment for the same month is $2.5 million. What is the assumed prepayment amount for this month?
Answer: D
-
Suppose that the single-monthly mortality rate (SMM) is equal to 0.004. The mortgage balance for a certain month is $100 million, and the scheduled principal payment for the same month is $2.5 million. What is the assumed prepayment amount for this month?