Operational Risk Manager (ORM) 8010 Dumps

1. 8010 Free Dumps Operational Risk Manager (ORM) Exam https://www.passcert.com/8010.html

2. 1.Under the standardized approach to calculating operational risk capital under Basel II, negative regulatory capital charges for any of the business units: A. Should be ignored completely B. Should be offset against positive capital charges from other business units C. Should be included after ignoring the negative sign D. Should be excluded from capital calculations Answer: B Download Passcert Latest & Valid 8010 Free Dumps To Ensure Your Success

3. 2. Credit exposure for derivatives is measured using A. Current replacement value B. Notional value of the derivative C. Forward looking exposure profile of the derivative D. Standard normal distribution Answer: C Download Passcert Latest & Valid 8010 Free Dumps To Ensure Your Success

4. 3. Which of the following are valid approaches for extreme value analysis given a dataset: I. The Block Maxima approach II. Least squares approach III. Maximum likelihood approach IV. Peak-over-thresholds approach A. II and III B. I, III and IV C. I and IV D. All of the above Answer: C Download Passcert Latest & Valid 8010 Free Dumps To Ensure Your Success

5. 4. Which of the following should be included when calculating the Gross Income indicator used to calculate operational risk capital under the basic indicator and standardized approaches under Basel II? A. Insurance income B. Operating expenses C. Fees paid to outsourcing service proviers D. Net non-interest income Answer: D Download Passcert Latest & Valid 8010 Free Dumps To Ensure Your Success

6. 5. A loan portfolio's full notional value is $100, and its value in a worst case scenario at the 99% level of confidence is $65. Expected losses on the portfolio are estimated at 10%. What is the level of economic capital required to cushion unexpected losses? A. 25 B. 65 C. 10 D. 35 Answer: A Download Passcert Latest & Valid 8010 Free Dumps To Ensure Your Success

7. 6. Which of the following is NOT an approach used to allocate economic capital to underlying business units: A. Stand alone economic capital contributions B. Marginal economic capital contributions C. Fixed ratio economic capital contributions D. Incremental economic capital contributions Answer: C Download Passcert Latest & Valid 8010 Free Dumps To Ensure Your Success

8. 7.Which two statements are true regarding bean creation? (Choose two.) A. A Spring bean can be explicitly created by annotating methods or fields by @Autowired. B. A Spring bean can be implicitly created by annotating the class with @Component and using the component-scanner to scan its package. C. A Spring bean can be implicitly created by annotating the class with @Bean and using the component- scanner to scan its package. D. A Spring bean can be explicitly created using @Bean annotated methods within a Spring configuration class. E. A Spring bean can be explicitly created by annotating the class with @Autowired. Answer: B,E Download Passcert Latest & Valid 8010 Free Dumps To Ensure Your Success

9. 8. For a given notional amount, which of the following carries the greatest counterparty exposure (assuming the same counterparty credit rating for each): A. A futures contract on an equity index B. A one year certificate of deposit C. A one year forward foreign exchange contract D. A one year interest rate swap Answer: B Download Passcert Latest & Valid 8010 Free Dumps To Ensure Your Success

10. 9.Which of the following belong in a credit risk report? A. Exposures by country B. Exposures by industry C. Largest exposures by counterparty D. All of the above Answer: D Download Passcert Latest & Valid 8010 Free Dumps To Ensure Your Success

11. 10.When compared to a medium severity medium frequency risk, the operational risk capital requirement for a high severity very low frequency risk is likely to be: A. Higher B. Lower C. Zero D. Unaffected by differences in frequency or severity Answer: C Download Passcert Latest & Valid 8010 Free Dumps To Ensure Your Success