2016-FRR 무료 덤프문제 온라인 액세스

What does correlation between two variables measure?

• A.Extreme returns of both variables.
• B.Symmetry of a joint distribution of the two variables.
• C.Association between the two variables and the strength of a possible statistical relationship.
• D.The proportion of variability in one of the variables that is explained by the other.

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.$300
• B.$550
• C.$1,050
• D.$750

Which of the following statements about implementation of a successful RCSA program is correct?

• A.The RCSA scoring methodology should include only financial impacts and not include reputational, legal, regulatory, client and life safety impacts.
• B.Internal loss data help to identify the risks and control weaknesses that need to be addressed in the RCSA; external events are not helpful in informing the discussions around potential risks.
• C.To ensure that the RCSA is well designed, it is important to interview participants, stakeholders and support functions prior to the launching the RCSA.
• D.An RCSA is only complete after all possible mitigating actions have been identified and analyzed as a result of the assessment process.

Foreign exchange rates are determined by various factors. Considering the drivers of exchange rates, which one of the following changes would most likely strengthen the value of the USD against other foreign currencies?

• A.The expected US inflation rate increases
• B.The US current account surplus increases
• C.The economic performance in the US weakens
• D.The global demand for US products decreases

Bank Milo has $4 million in cash and $5 million in loans coming due tomorrow with an expected default rate of 1%. The proceeds will be deposited overnight. The bank owes $ 9 million on a securities purchase that settles in two days and pays off $8 million in commercial paper in three days that is not expected to renew. On what days does the bank face negative cumulative liquidity?

• A.Day 3 only.
• B.Days 2 and 3.
• C.Day 2 only.
• D.Days 1, 2 and 3.