Free PRMIA 8010 Exam Questions
Absolute Free 8010 Exam Practice for Comprehensive Preparation
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PRMIA 8010 Exam Questions
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Provided By: PRMIA
- Exam: Operational Risk Manager (ORM)
- Certification: PRM
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Total Questions: 242
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Updated On: Sep 22, 2026
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Rated: 4.9 |
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Online Users: 484
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Question 1
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In respect of operational risk capital calculations, the Basel II accord recommends a confidence leveland time
horizon of
Answer: D
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In respect of operational risk capital calculations, the Basel II accord recommends a confidence leveland time
horizon of
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Question 2
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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
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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:
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Question 3
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A risk management function is best organized as:
Answer: B
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A risk management function is best organized as:
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Question 4
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Which of the following statements are true:I.Top down approaches help focus management attention on the frequency and severity of loss events, whilebottom up approaches do not.II. Top down approaches rely upon high level data while bottom up approaches need firm specific risk data toestimate risk.III. Scenario analysis can help capture both qualitative and quantitative dimensions of operational risk.
Answer: B
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Question 5
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There are two bonds in a portfolio, each with a marketvalue of $50m. The probability of default of the two
bonds over a one year horizon are 0.03 and 0.08 respectively. If the default correlation is zero, what is the one
year expected loss on this portfolio?
Answer: C
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There are two bonds in a portfolio, each with a marketvalue of $50m. The probability of default of the two
bonds over a one year horizon are 0.03 and 0.08 respectively. If the default correlation is zero, what is the one
year expected loss on this portfolio?