FRM11月的考试即将到来,在冲刺阶段多做题,熟悉知识点,是考生们的重要任务。高顿网校FRM小编整理了模拟试题中错误率比较高的一些题目,供考生们参考。
  1.For banks that use the advanced internal ratings-based (advanced IRB) approach to credit risk, the primary inputs to the capital calculations are:
  A. Credit assessments of external rating agencies.
  B. The banks' internal assessments ofkey risk drivers.
  C. Mandated by bank supervisors.
  D. Interest rates.
  2.Pillar III of the Basel II accord includes all ofthe following requirements for internationally active banks except:
  A. A formal disclosure policy should be established, and supported by a bank's board of directors.
  B. Banks should operate above minimum regulatory capital ratios.
  C. Financial statements that fairly retlect financial condition should be Pllblished reglllarly.
  D. There should be specific remedial actions in the event of nondisclosure.
  3.Which ofthe following statements would be considered a drawback of Basel III?
  A. Procyclicality is a concem, and no countercyclical buffer is provided.
  B. It does not consider diversification effects among risk classes.
  C. Level 1 diversification benefits are not acknowledged.
  D. There are no detailed disclosure requirements for risk management policies conceming credit risk.
  Answer:
  1.B
  Under the advanced IRB approach, the bank uses its own intβmal measures of credit risk and exposure in capital calculations.
  2.B
  The requirement to operate above minimum regulatory capital ratios is a requirement laid out in Pillar II regarding the interaction of supervisors and internationally active banks. Note that Pillar III relates to market discipline and disclosure.
  3.B
  Basel III only considers Level 1 diversification benefits (Level 1: within specific class ofrisk,specific line ofbusiness).
  Level 2a:within specific class of risk, across specific line of bussiness
  Level 2b: across specific classes of risk, within a definite legal entity
  Level 3:across definite classes of risk, across legal entities.