2015 Banking Professional Qualification Examination "Risk Management" real questions and answers (2)

The 2015 Banking Professional Qualification Examination "Risk Management" real questions and answers (2)

The Banking Professional Qualification Examination column for studying abroad provides candidates with the 2015 Banking Professional Qualification Examination company credit real questions and answers Answer, everyone is welcome to refer to it.

2. Multiple choice questions. Among the five options given in each of the following questions, if two or more of them meet the requirements of the question, please select the corresponding option. No points will be awarded for multiple choices, few choices, or wrong choices. (***40 questions. Each question is 1 point. ***40 points)

1. In order to avoid excessive concentration of risks in regions, products, industries and customer groups, commercial banks can take ( ), etc. A series of new risk management technologies and methods to prevent and transfer various types of risks.

A. Personnel training

B. Overall portfolio limit

C. Asset securitization

D. Credit derivatives

E. Credit concentration limit

2. In the following credit risk identification process for a single legal person customer, the non-financial factor analysis is ().

A. Management risk analysis

B. Regional risk analysis

C. Production and operation risk analysis

D. Microeconomics Analysis

E. Natural environment analysis

3. In 2007, the subprime debt crisis broke out in the United States. For a long time, some employees of US-funded commercial banks have illegally provided loans to people with low credit scores, missing income certificates, and heavy debts. Due to the downturn in the real estate market, the burden on customers has gradually reached the limit, and a large number of defaulting customers have appeared and no longer repay the loans. Bad debts formed, and the subprime debt crisis occurred. The crisis caused a sharp decline in the credit derivatives market, damaging the investments of many institutions, and further causing a shortage of inter-bank funds. The crisis has affected many world-renowned commercial banks, investment banks and hedge funds, greatly eroding their long-standing image of sound operations in the public mind. The above information includes ( ) and other risks in the business process of commercial banks.

A. Market risk

B. Credit risk

C. Operational risk

D. Liquidity risk

E. Reputation risk

4. The indicators that can be used to quantify the risk of return or the volatility of return include ( ).

A. Expected return

B. Median

C. Variance

D. Standard deviation

E. Mode

5. As an organizational body for risk management, the company’s board of directors has its responsibilities and requirements mainly reflected in the following ( ).

A. The board of directors is the highest risk management body of a commercial bank

B. The board of directors is responsible for identifying, measuring, monitoring and controlling various risks

C. The board of directors is Institutions unique to my country’s commercial banks

D. The risk management director should be a member of the board of directors

E. The board of directors is responsible for determining the overall risk level that commercial banks can bear

6. In addition to risk identification and assessment, the components of internal control of commercial banks also include ( ).

A. Good entrepreneurial spirit and control culture

B. Scientific and effective incentive mechanism

C. Information exchange

D .Supervision and evaluation

E. Establishing internal control measures

7. In the following circumstances, the debtor may be deemed to be in default ().

A. A certain borrowing company has filed for bankruptcy, so the repayment of the debt will be postponed

B. A certain borrowing company has gone bankrupt, and the debt will not be repaid

C. A certain customer’s credit card debt balance exceeds the newly approved overdraft limit, and is 50 days overdue

D. A certain mortgage borrower cannot repay the loan in full, and the collateral cannot be liquidated

E. The bank agrees to restructure the debt of a borrowing enterprise, which may lead to a reduction in debt

8. The following correct statements about gap analysis are ( ).

A. When there is a liability-sensitive gap, the rise in market interest rates leads to an increase in the bank's net interest income

B. When there is a liability-sensitive gap, the rise in market interest rates leads to an increase in the bank's net interest income Decline in income

C. When there is an asset-sensitive gap, the decline in market interest rates leads to a decline in the bank's net interest income

D. When there is an asset-sensitive gap, the decline in market interest rates leads to a decline in the bank's net interest income Net interest income rises

E. When there is an asset-sensitive gap, the rise in market interest rates causes the bank's net interest income to rise

9. Among the following statements about the credit risk of the loan portfolio, which one is correct? is ( ).

A. The overall risk of a loan portfolio is usually less than the simple sum of the credit risks of individual loans

B. Diversify credit assets among borrowers in less relevant industries or regions , helping to reduce the overall risk of commercial banks' asset portfolios

C. Diversifying credit assets among borrowers in negatively correlated industries or regions helps to reduce the overall risk of commercial banks' asset portfolios

D. Compared with single loan business, more attention should be paid to systemic risk factors in the credit risk identification of loan portfolios

E. There is usually a certain degree of discrepancy between single loans in a loan portfolio. Relevance

10. Among the following statements, the correct one is ().

A. Default probability is commonly known as the probability of default loss

B. Default probability and default frequency are not the same concept

C. Default probability and The frequency of default is usually not equal

D. The frequency of default is an ex-ante prediction made by the analytical model

E. The frequency of default can be used as a direct basis for internal ratings

11. Generally speaking, the following factors will increase the borrower’s credit risk ( ).

A. Increase in interest rates

B. Expansion of monetary policy

C. Increase in borrowers’ financial leverage

D. Economic transformation Entering depression

E. Borrower income volatility has increased

12. Risk compensation indicators measure the ability of commercial banks to offset risk losses, including ().

A. Non-performing loan migration rate

B. Capital adequacy

C. Excess reserve ratio

D. Profitability

E. Adequacy of reserves

13. Guarantee legal liability generally includes ().

A. Partial liability guarantee

B. Joint liability guarantee

C. General liability guarantee

D. Full liability guarantee

E. Full liability guarantee

14. According to the internal relationships of the enterprise group, the enterprise group can be divided into ().

A. Limited liability enterprise group

B. Joint-stock cooperative enterprise group

C. Vertically integrated enterprise group

D .Horizontally integrated enterprise group

E. Comprehensive enterprise group

15. The scope of rights pledge includes ().

A. Bill of exchange

B. Check

C. Cashier's check

D. Bond

E. Deposit slip

16. The following is a form of "fake mortgage" ().

A. Developers used false sales to obtain mortgage loans from commercial banks

B. In the name of personal housing loans and mortgage loans, they obtained loans for corporate production and operation

C. Developers collude with home buyers to avoid policy restrictions that do not allow zero down payment

D. Real estate developers sell houses without obtaining a sales license

E. Commercial bank credit Personnel issue high-percentage personal housing mortgage loans to borrowers who do not have real home-purchasing behavior

17. Be able to estimate the potential impact of interest rate changes on the present value of future cash flows of all positions, thereby being able to predict interest rate changes The analysis method to evaluate the long-term impact is ().

A. Term elasticity analysis

B. Duration analysis

C. Sensitivity analysis

D. Foreign exchange exposure analysis

E. Risk value analysis

18. The main function of interest rate swap is ().

A. Avoid the risk of interest rate fluctuations

B. Reduce production costs

C. Both parties to the transaction can reduce their respective financing costs

D. Avoid falling market prices

E. Contribute to risk management

19. The characteristics of the comprehensive risk management model stage are ().

A. Different types of businesses are brought into a unified risk management scope

B. From a single capital adequacy constraint to a focus on the minimum capital requirements of commercial banks and the supervision of regulatory authorities Inspection and market discipline constraints in three aspects: consistent constraints

C. Proposed a series of regulatory principles

D. Continue to focus on capital adequacy ratio

E. From a pure credit risk management model to a simultaneous approach to credit risk, market risk, and operational risk

20. The following are risk transfers ( ).

A. Lenders with different credit ratings implement differential pricing

B. Standby letters of credit

C. Commercial banks participate in deposit insurance

D. Credit guarantee

E. Use forward interest rate agreements to avoid the risk of future interest rate fluctuations

21. Reports on market risk status should be provided to the board of directors and senior management on a regular and timely basis and other management personnel, the content should mainly include ( ).

A. Market risk positions measured by business, department, region and risk category

B. Market risk levels measured by business, department, region and risk category

C. Suggestions on improving market risk management policies, procedures and market risk emergency plans

D. Changes in market risk identification, measurement, monitoring and control methods and procedures

E. Compliance with market risk limits, including handling of excess limits

22. The advantages of the internal model of market risk include ().

A. The market risks of different businesses and different categories can be represented by an exact value (vaR value)

B. It is a method that can distinguish between different businesses and risk categories. A market risk measurement method that compares and summarizes time to time

C. Conducive to risk monitoring and management

D. Simple and easy to understand, suitable for the board of directors and senior management to understand the bank's market risks Overall level

E. Covers sudden and small-probability events such as violent price fluctuations that may cause significant losses to banks

23. The measurement method of fair value includes ().

A. The available market price cannot be used directly

B. If the market price cannot be obtained, use a recognized model to estimate the market price

C. Directly use nominal value

D. Actual price paid (no basis to prove that it is not representative)

E. Allow the use of enterprise-specific data, which should be reasonably estimated, And it does not conflict with market expectations

24. The following product lines belong to commercial banks ().

A. Trading and sales

B. Retail banking business

C. Open market business

D. Asset management

E. Discount rate

25. Commercial banks operate under a certain social environment. Changes in the operating environment, external emergencies, etc. will affect the normal operating activities of commercial banks. Even losses occur. The following ( ) are external events that trigger operational risks.

A. Money laundering

B. Error monitoring/reporting

C. Political risk

D. Violation of employment laws

E. Natural disasters

26. The most popular advanced measurement methods currently include ( ).

A. Internal measurement method

B. External measurement method

C. Loss distribution method

D. Scorecard

E. Loss probability method

27. The process links of corporate credit business include ().

A. Credit review

B. Credit approval

C. Loan grant

D. Post-loan management

E. Credit review

28. The internal indicators/signals used by commercial banks for liquidity risk warning include changes in ( ) and other indicators.

A. The bank’s asset quality

B. The bank’s profitability

C. Third-party ratings

D. Bank-issued Market performance of securities

E. Relevant risk levels within banks

29. The main goal of self-assessment is to encourage institutions at all levels to assume responsibility and proactively identify and manage operational risks. .

The main strategy is ().

A. Change corporate culture

B. Develop an evaluation mechanism that matches business strategic goals

C. Establish a good operational risk management atmosphere

D. Avoid supervision and solve problems internally

E. The pursuit of profits within commercial banks is higher than controlling risks

30. The following ( ) are invalid processes within the bank’s internal processes factor.

A. Lack of necessary processes

B. Reliance on manual entry

C. Imperfect design

D. Inaccurate management information

E. Insufficient project funds

31. Among the internal process factors that cause operational risks, the main cause of financial/accounting errors is ().

A. The financial and accounting system is imperfect

B. The management process is unclear

C. There are flaws in the construction of the financial and accounting system

D. Settlement /Payment system delay

E. Document/contract defects

32. Liquidity risk is the comprehensive result of ( ) long-term accumulation and deterioration.

A. Credit risk

B. Exchange rate risk

C. Operational risk

D. Strategic risk

E. Reputation risk

33. The yield curve usually displays forms including ().

A. Positive yield curve

B. Normal yield curve

C. Vertical yield curve

D. Horizontal yield curve

E. Fluctuating yield curve

34. Among the following banking activities, exchange rate risk exists ().

A. Provide foreign exchange spot transactions for customers

B. Provide foreign exchange forward transactions for customers

C. Provide foreign exchange futures transactions for customers

D. Conduct proprietary foreign exchange transactions

E. Absorb foreign currency deposits

35. The following are the advantages of the classification of financial assets under international accounting standards ( ).

A. Have strong accounting theory, bank process framework, and basic information support

B. Strictly define the four types of accounts in accordance with procedures such as confirmation, measurement, recording, and reporting. Standards, time and quantity, as well as quantitative standards for changes and terminations between accounts

C. Directly face the requirements of risk management

D. Based on the division of accounting

E. Maintain good public relations

36. Financing signals among liquidity risk warning signals include ().

A. Relevant risk levels within commercial banks

B. Creditors request payment in advance, resulting in insufficient payment ability

C. Depositors pay in advance

D. The trading volume of outstanding bonds (including subordinated debt) increased

E. The price of stocks issued fell

37. The risk-based regulatory framework is composed of A continuous iterative regulatory process consisting of several interconnected specific regulatory steps. In addition to planning regulatory actions and risk assessment, other processes include ( ).

A. Understand the institution

B. Prepare for risk-based on-site inspections

C. Summary report of supervision results

D. Implement risk-based on-site inspections and determine ratings

E. Supervisory measures, effect evaluation and continuous off-site monitoring

38. Assume that a commercial bank has assets of 100 billion yuan and liabilities It is 80 billion yuan, the asset duration is 6 years, and the liability duration is 4 years. According to the duration analysis method, if the annual interest rate rises from 8% to 8.5%, the possible impact of the interest rate change on commercial banks is ().

A. Loss of 1.3 billion

B. Profit of 1.3 billion

C. Changes in asset and liability structure

D. Increased liquidity

E. Decline in liquidity

39. The following may bring reputational risks to a commercial bank: ( ).

A. Media reports on the high proportion of non-performing assets in banks

B. Banks have significantly reduced credit lines for long-term loan customers with good credit

C. The recovery rate of bank bad debts has been significantly reduced

D. The service attitude of bank staff is poor

E. The bank cannot complete the customer’s redemption requirements on time

40. Market risk It is one of the main risks that my country's commercial banks face, including ().