PRMIA 8008 dumps - in .pdf

8008 pdf
  • Exam Code: 8008
  • Exam Name: PRM Certification - Exam III: Risk Management Frameworks, Operational Risk, Credit Risk, Counterparty Risk, Market Risk, ALM, FTP - 2015 Edition
  • Updated: Sep 09, 2026
  • Q & A: 359 Questions and Answers
  • PDF Price: $59.99
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  • Exam Code: 8008
  • Exam Name: PRM Certification - Exam III: Risk Management Frameworks, Operational Risk, Credit Risk, Counterparty Risk, Market Risk, ALM, FTP - 2015 Edition
  • Updated: Sep 09, 2026
  • Q & A: 359 Questions and Answers
  • PDF Version + PC Test Engine + Online Test Engine
  • Value Pack Total: $119.98  $79.99
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PRMIA 8008 dumps - Testing Engine

8008 Testing Engine
  • Exam Code: 8008
  • Exam Name: PRM Certification - Exam III: Risk Management Frameworks, Operational Risk, Credit Risk, Counterparty Risk, Market Risk, ALM, FTP - 2015 Edition
  • Updated: Sep 09, 2026
  • Q & A: 359 Questions and Answers
  • Software Price: $59.99
  • Testing Engine

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PRMIA 8008 Exam Syllabus Topics:

SectionWeightObjectives
Risk Management Frameworks20%- Risk Governance & Culture
- Enterprise Risk Management Principles
- Risk Measurement Methodologies
- Regulatory Frameworks & Basel Accords
ALM & FTP10%- Interest Rate Risk in the Banking Book
- Funds Transfer Pricing Methodology & Application
- Asset-Liability Management Principles
- Liquidity Risk Management
Market Risk15%- Regulatory Capital for Market Risk
- Market Risk Factors & Drivers
- Value-at-Risk (VaR) & Stress Testing
- Interest Rate, Equity, FX & Commodity Risk
Credit Risk20%- Credit Risk Modeling & Capital Calculation
- Loss Given Default & Credit Valuation Adjustment
- Credit Risk Concepts
- Exposure & Probability of Default
Counterparty Risk15%- Counterparty Credit Risk Fundamentals
- Potential Future Exposure
- Credit Value Adjustment (CVA) & Wrong-way Risk
- Netting, Collateral & Margining
Operational Risk20%- Control & Mitigation Techniques
- Definition & Scope
- Capital Requirements & Advanced Measurement Approaches
- Risk Identification & Assessment

PRMIA PRM Certification - Exam III: Risk Management Frameworks, Operational Risk, Credit Risk, Counterparty Risk, Market Risk, ALM, FTP - 2015 Edition Sample Questions:

Question #1

Which of the following statements is true?
I. It is sufficient to ensure that a parent entity has sufficient excess liquidity to cover a liquidity shortfall for a subsidiary.
II. If a parent entity has a shortfall of liquidity, it can always rely upon any excess liquidity that its foreign subsidiaries might have.
III. Wholesale funding sources for a bank refer to stable sources of funding provided by the central bank.
IV. Funding diversification refers to diversification of both funding sources and funding tenors.

  • A. I and III
  • B. III and IV
  • C. I and IV
  • D. IV
Answer: D

Explanation: Only visible for ValidTorrent members. You can sign-up / login (it's free).

Question #2

In setting confidence levels for VaR estimates for internal limit setting, it is generally desirable:

  • A. that actual losses exceed the VaR estimates on only the rarest of occasions
  • B. that actual losses very frequently exceed the VaR estimates
  • C. that actual losses never exceed the VaR estimates
  • D. that actual losses exceed the VaR estimates with some reasonably observable frequency that is neither too high nor too low
Answer: D

Explanation: Only visible for ValidTorrent members. You can sign-up / login (it's free).

Question #3

Which of the following statements are true with respect to stress testing:
I. Stress testing results in a dollar estimate of losses
II. The results of stress testing can replace VaR as a measure of risk as they are better grounded in reality III. Stress testing provides an estimate of losses at a desired level of confidence IV. Stress testing based on factor shocks can allow modeling extreme events that have not occurred in the past

  • A. I, II and IV
  • B. II, III and IV
  • C. II and III
  • D. I and IV
Answer: D

Explanation: Only visible for ValidTorrent members. You can sign-up / login (it's free).

Question #4

Which of the following statements are true:
I. Stress tests should consider simultaneous pressures in funding and asset markets, and the impact of a reduction in liquidity II. Judging the effectiveness of risk mitigation techniques is not a part of stress testing III. A reverse stress test is useful for discovering hidden vulnerabilities and inconsistencies in hedging strategies IV. Reputational risk, which is explicitly excluded from the definition of operational risk under Basel II, should still be considered as part of stress tests.

  • A. I and III
  • B. All of the above
  • C. I, III and IV
  • D. II and IV
Answer: C

Explanation: Only visible for ValidTorrent members. You can sign-up / login (it's free).

Question #5

Which of the following is a most complete measure of the liquidity gap facing a firm?

  • A. Cumulative liquidity gap
  • B. Residual liquidity gap
  • C. Liquidity at Risk
  • D. Marginal liquidity gap
Answer: B

Explanation: Only visible for ValidTorrent members. You can sign-up / login (it's free).

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