GARP Updated 2016-FRR Exam Questions and Answers by zach

Which one of the four following statements about technology systems for managing operational risk event data is incorrect?

A trader attempts to hold long positions when markets are rising and hold short positions when markets are falling. Which one of the following four trading styles is she likely to use?

Which of the following bank events could stress the bank's liquidity position?

I. Maturing of bank debt

II. Repurchase agreements

III. Futures margins

IV. Staff turnover

A key function of treasuries in commercial/retail banks is:

I. To manage the interest margin of the banks.

II. To focus on underwriting risk.

III. To ensure strong earnings.

IV. To increase profit margins.