<<12345678910111213141516171819202122232425>> 1. A bank expects fall in the price of a security if it sells it in the market. What is the risk that the bank is facing?Market riskOperational riskAsset liquidation riskMarket liquidity riskQuestion 1 of 25 2. An 8-year 8% semi-annual bond has a BPV of Rs. 125. The yield on the bond has increased by 5 basis points. What is the profit or loss suffered due to increase in yield as holder of the bond?A profit of Rs. 1000A loss of Rs. 1000A profit of Rs. 625A loss of Rs. 625Question 2 of 25 3. 1-day VaR of a portfolio is Rs. 500,000 with 95% confidence level. In a period of six months (125 working days) how many times the loss on the portfolio may exceed Rs. 500,000?4 days5 days6 days8 daysQuestion 3 of 25 4. A bank suffers loss due to adverse market movement of a security. The security was however held beyond the defeasance period. What is the type of the risk that the bank has suffered?Market riskOperational riskMarket liquidation riskCredit riskQuestion 4 of 25 5. A bank holds a security that is rated At. The rating of the security migrates to A. What is the risk that the bank has faced?Market riskMarket liquidation riskOperational riskCredit riskQuestion 5 of 25 6. A bond with remaining maturity of 5 years is presently yielding 6%. Its modified duration is 5%. What is its McCauley's duration?5.05 years3.77 years5.30 years6.00 yearsQuestion 6 of 25 7. VaR is not enough to assess market risk of a portfolio. Stress testing is desirable becauseIt helps in calibrating VaR moduleIt helps as an additional risk measureIt helps in assessing risk due to abnormal movement of market parametersIt is used as VaR measure is not accurate enoughQuestion 7 of 25 8. Conditional VaR is also called as_________ method.Expected ShortfallExpected SurplusUnexpecred ShortfallUnexpecfed SurplusQuestion 8 of 25 9. How does leverage affect capital loss in market risk?It reduces capital lossIt increases capital lossIt has no effect on capital lossIt eliminates capital lossQuestion 9 of 25 10. What is the risk faced by Mr. X due to reduced liquidity in the market for a specific security?Price RiskAsset Liquidity RiskMarket Liquidity RiskCredit RiskQuestion 10 of 25 11. What potential downside risk does Mr. X face in the market?Loss of entire capitalMinimal profitLimited market exposureStable market conditionsQuestion 11 of 25 12. What are the components of a bank's trading book?Debt Securities, Equities, Foreign ExchangeDebt Securities, Equities, CommoditiesEquities, Foreign Exchange, DerivativesEquities, Commodities, DerivativesQuestion 12 of 25 13. Why does a bank hold proprietary positions in financial instruments?To maintain market liquidityTo hedge other elements in the trading bookTo achieve long-term investment goalsTo comply with regulatory requirementsQuestion 13 of 25 14. What risk arises due to adverse changes in market variables such as interest rates and currency exchange rates?Credit RiskLiquidity RiskMarket RiskOperational RiskQuestion 14 of 25 15. Which type of liquidity risk is related to asset-liability mismatch?Asset Liquidity RiskMarket Liquidity RiskFunding Liquidity RiskCounterparty Liquidity RiskQuestion 15 of 25 16. What is market risk?The risk of adverse deviations of the mark-to-market value of the trading portfolio due to market movementsThe risk of loss arising from operational failures in the trading portfolioThe risk of liquidity shortages in the trading portfolioThe risk of default by counterparties in the trading portfolioQuestion 16 of 25 17. Why is the period of liquidation critical in assessing market risk?Longer liquidation periods lead to smaller adverse deviationsLonger liquidation periods lead to larger adverse deviationsShorter liquidation periods lead to larger adverse deviationsShorter liquidation periods lead to smaller adverse deviationsQuestion 17 of 25 18. What is trading liquidity?The ability to freely transact in markets at reasonable pricesThe ability to influence market prices without attracting attentionThe ability to attract other market participants without affecting pricesThe ability to compromise on counter-party quality while transactingQuestion 18 of 25 19. What is the main difference between high-liquidity and poor-liquidity environments?Counter-party quality is compromised in high-liquidity environmentsPrice volatility is higher in high-liquidity environmentsAdverse deviations of prices are much lower in high-liquidity environmentsMarket prices are less sensitive to liquidity crises in high-liquidity environmentsQuestion 19 of 25 20. What is the difference between asset liquidation risk and market liquidation risk?Asset liquidation risk arises from a general liquidity crunch, while market liquidation risk arises from lack of trading liquidity for specific assetsAsset liquidation risk refers to large price changes caused by liquidation of positions, while market liquidation risk refers to inability to liquidate positions at any priceAsset liquidation risk refers to inability to liquidate positions at a fair market price, while market liquidation risk refers to adverse changes in market pricesAsset liquidation risk refers to lack of trading liquidity for specific assets, while market liquidation risk refers to general liquidity crunch affecting trading liquidityQuestion 20 of 25 21. How is credit risk reflected in the market?Through the default of issuers/borrowers or rating downward migrationThrough the increase in the risk-free rateThrough the liquidity of the financial instrumentsThrough the market volatilityQuestion 21 of 25 22. What is the term used to describe the risk associated with over-the-counter derivatives?Market riskCredit riskLiquidity riskCounterparty riskQuestion 22 of 25 23. What is settlement risk?The risk of default by the issuer/borrowerThe risk of rating downward migrationThe risk of default in completing the settlement of a market transactionThe risk of market parameter volatilitiesQuestion 23 of 25 24. Which of the following are examples of market parameters that drive market values?Supply-demand position and inflationStock prices and market liquidityInterest rates and exchange ratesAll of the aboveQuestion 24 of 25 25. What is one limitation of sensitivity as a measure of risk?It does not consider the impact of other parametersIt remains constant for all values of the variableIt provides an objective measure of market riskIt captures all uncertainties associated with market elementsQuestion 25 of 25 Loading...