20 19 risk management test of qualification examination for junior banks IX
Example The strategic risk assessment requirements in the Measures for Capital Management of Commercial Banks (Trial) issued by China Banking Regulatory Commission do not include ().
A. Commercial banks should establish a strategic risk management system suitable for their own business scale and product complexity.
Strategic risks should be effectively identified, evaluated, monitored, controlled and reported.
C. The strategic risk management framework of commercial banks should include the supervision of shareholders' meeting and its board of supervisors, the evaluation system of strategic planning of commercial banks and the management and supervision system of strategic implementation of commercial banks.
D. Commercial banks should fully evaluate the losses that strategic risks may bring to banks and their impact on capital level, and allocate capital for strategic risks as appropriate.
"correct answer" c
"Answer Analysis" examines strategic risk management. The strategic risk management framework of commercial banks should include the supervision of the board of directors and its committees, the evaluation system of strategic planning of commercial banks, and the management and supervision system of strategic implementation of commercial banks.
Example Commercial banks can realize the benefits of strategic risk management in a short time, including ().
A. Taking risk control measures earlier than competitors can handle risk events better.
B comprehensive and systematic planning for future development will help to turn risk challenges into growth opportunities.
C. preparing for major risks in advance can avoid or reduce the possible serious losses.
D. avoid liquidity risk caused by large fluctuations in profitability.
E. Strengthening external oversight systems and procedures
"correct answer" ABCD
"Answer Analysis" examines strategic risk management. E error, should strengthen the internal control system and process.
The basic practice of strategic risk management includes ().
A. clarify the responsibilities of the board of directors and senior management.
B. Establish a clear strategic risk management process
C. define the rights and obligations of the shareholders' meeting and the board of supervisors.
D. adopting appropriate strategic risk management methods
E. Strengthening external supervision
"correct answer" ABD
"Answer Analysis" examines strategic risk management. The basic practices of strategic risk management include: (1) defining the responsibilities of the board of directors and senior management; (2) Establish a clear strategic risk management process; (3) Adopt appropriate strategic risk management methods.
Traditionally, the strategic management of commercial banks is based on established short-term development goals, and relevant policies and processes are formulated to gradually realize them. ( )
"Correct answer" ×
"Answer Analysis" examines strategic risk management. Traditionally, the strategic management of commercial banks is based on the established long-term strategy and development goals, and relevant policies and processes are formulated to gradually realize it.
Example strategic risk management is a comprehensive and feedback risk management method based on forward-looking concept. ( )
"Correct answer" ×
"Answer Analysis" examines strategic risk management. Strategic risk management is a comprehensive preventive risk management method based on forward-looking concept.
Example () refers to the proportion of funds obtained by commercial banks from counterparties of peer institutions to total liabilities.
A. Debt ratio in interbank market
B. Core debt ratio
C. Financing concentration index
D. Proportion of net stable funds
"correct answer" a
"Answer analysis" This topic examines the debt ratio in the interbank market. The inter-bank market debt ratio refers to the proportion of funds obtained by commercial banks from the same industry to total liabilities.
The description of the core debt ratio in the example is wrong ().
A the debt ratio in the interbank market is equal to the ratio of the sum of interbank borrowing, interbank deposit, selling and repurchase funds to total liabilities.
B This indicator reflects the ratio of interbank liabilities of commercial banks to total liabilities, and the current upper limit is half.
C the higher the indicator, the higher the dependence of bank liabilities on the interbank market.
The higher the D index, the more unstable the debt structure of the bank and the higher the liquidity risk level.
"correct answer" b
"Answer analysis" This topic examines the debt ratio in the interbank market. The inter-bank market debt ratio reflects the proportion of commercial banks' interbank liabilities to total liabilities, and the current upper limit is one third.
Regarding the example of financing concentration index, the correct description is ().
A. The liquidity risk caused by excessive concentration of financing is that a large amount of funds are usually highly sensitive to the unfavorable rumors of banks and are most likely to be lost under pressure scenarios.
B the maximum deposit ratio of ten households controls the financing concentration of banks from the borrowing source of interbank funds.
C the proportion of the top ten peers should be controlled from the customer's point of view to avoid over-concentration of financing.
D banks should adopt general financing stability indicators instead of setting them separately.
"correct answer" a
"Answer analysis" This question examines the indicators of financing concentration. B. Ten banks with the highest deposit ratio control obtain a large amount of funds from individual borrowers from the perspective of customers to avoid excessive concentration of financing; C. The integration ratio of the top ten banks controls the financing concentration of banks from the borrowing sources of interbank funds; D. Banks can also design financing stability indicators according to the actual characteristics of their own businesses.
For example, the following control measures that belong to the operational risk of fund business are ().
A. Establish and improve the organizational structure of treasury business
B. Strict separation of duties between the front, middle and back offices shall be implemented.
3. The Head Office shall, according to the operation and management level of the branch, appropriately verify the operation authority of the branch's fund business.
D. Establish a responsibility system with a reward system, and link the loan issuance quality of account managers with their income.
E. regularly check the fund business of branches.
"correct answer" = ↑ABCE
"Answer Analysis" examines the capital business. D is a measure to control the operational risk of personal credit business.
Example () refers to the capital and trading activities carried out by commercial banks with various financial instruments in order to meet the needs of customers to preserve value, improve capital gains or guard against market risks.
A. Treasury operations
B. Personal credit business
C. Agency business
D. Corporate credit business
"correct answer" a
"Answer Analysis" examines the capital business. Capital business refers to the capital and trading activities carried out by commercial banks using various financial instruments to meet the needs of customers' value preservation, improving their capital gains or preventing market risks.
Example () means that a commercial bank accepts the entrustment of a customer, handles the economic affairs designated by the customer, provides financial services and charges a certain fee.
A. Treasury operations
B. Personal credit business
C. Agency business
D. Corporate credit business
"correct answer" c
"Answer Analysis" examines the agency business. Agency business means that commercial banks accept the entrustment of customers, handle the economic affairs designated by customers, provide financial services and charge a certain fee.
The reasons for the operational risk of agency business include ().
A. Lack of awareness of risk prevention, thinking that even if operational risks occur, the losses are not great.
B lagging supervision and management, weak internal control, unreasonable department and post setting, and lagging rules and regulations.
C. Decentralized business management and lack of overall management
D. Electronic construction is slow, and there is no corresponding agency business system.
E weak internal control, unreasonable department and post setting, and lagging rules and regulations.
"correct answer" ABCD
"Answer Analysis" examines the agency business. E is the reason for the operational risk of capital business.
Examples of agency business operation risk categories include ().
A. Personnel factors
B. Internal processes
C. System defects
D. Alarm system failure
E. External events
"correct answer" = ↑ABCE
"Answer Analysis" examines the agency business. The operational risks of agency business include personnel factors, internal processes, system defects and external events.
Example the following belongs to the agency business operation risk control measures is ().
A. Strengthen basic management, and adhere to the written agency business contract.
B strengthen business promotion and marketing management, and adhere to the principle of honesty and trustworthiness.
C. Strengthening product development management
D. Establish a special account for managing institutional funds.
E. Establishing a risk responsibility system for treasury business
"correct answer" ABCD
"Answer Analysis" examines the agency business. Operational risk control measures for capital business.
Example () refers to the book value of financial assets at historical cost.
A. Nominal value B. Market value
C. Fair value D. Revaluation of market value
"correct answer" a
"Answer Analysis" examines the definition of nominal value. Nominal value refers to the book value of financial assets calculated at historical cost.
Example () refers to the expected value of assets obtained by voluntary buyers and sellers through fair trading of assets under the conditions of knowledge, caution and non-coercion.
A. Nominal value B. Market value
C. Fair value D. Revaluation of market value
"correct answer" b
"Answer analysis" this question examines the definition of market value. Market value refers to the expected value of assets obtained by willing buyers and sellers through fair trading of assets on the evaluation benchmark date under the condition of knowledge, caution and non-compulsion.
Example () refers to the value of assets or creditor's rights acceptable to both parties in a fair transaction.
A. face value
B. Market value
C. Fair value
D. revaluation of market value
"correct answer" c
"Answer analysis" This topic examines the definition of fair value. The International Accounting Standards Board defines fair value as the value of assets or creditor's rights acceptable to both parties in a fair transaction.
Example () refers to re-estimating the market value of trading account positions.
A. face value
B. Market value
C. Fair value
D. revaluation of market value
"correct answer" d
"Answer Analysis" examines the definition of market value revaluation. Market value revaluation refers to reassessing the market value of trading account positions.
The International Accounting Standards Board recommends that enterprises use market value as the basis of accounting. ( )
"Correct answer" ×
"Answer analysis" this question examines market risk measurement. The International Accounting Standards Board recommends that enterprises use fair value as the accounting basis.
Example The following statement about fair value is wrong ().
A. the definition of fair value is broader and more general than market value.
B. Market value cannot represent fair value under any circumstances.
C. fair value can be obtained by income method.
D. fair value can be obtained by cost method.
"correct answer" b
"Answer analysis" this question examines market risk measurement. In most cases, market value can represent fair value.
For example, the market value revaluation should be the responsibility of the front office, not the middle office and back office which are far away from the market. ( )
"Correct answer" ×
"Answer analysis" this question examines market risk measurement. The revaluation of market value should be undertaken by the middle and back office departments independent of the front office.
Commercial banks usually adopt the method of () when revaluing market value.
A. Mark to market B. Gap analysis
C. Marking pattern D. Duration analysis
E. exposure analysis
"correct answer" AC
"Answer analysis" this question examines market risk measurement. Commercial banks usually use the methods of pricing by market value and pricing by model when reassessing market value.
Example mark-to-market refers to the value calculation determined by the bank according to the mathematical model. ( )
"Correct answer" ×
"Answer analysis" this question examines market risk measurement. Marking a model means calculating a value based on the model. When it is difficult to calculate the value according to the market price, the bank can calculate it according to the value determined by the mathematical model, that is, the marking model.
Example the following belongs to the market risk measurement method is ().
A. Gap analysis B. Duration analysis
C. Sensitivity analysis D. Position analysis
E. Value at risk method
"correct answer" = ↑ABCE
"Answer Analysis" examines the market risk measurement method. Market risk measurement methods include but are not limited to gap analysis, duration analysis, foreign exchange exposure analysis, sensitivity analysis and value at risk.
The specific disclosure content and requirements of case information disclosure can be determined according to ().
A. Safety B. Liquidity
C. Solidarity D. Interests
E. clear
"correct answer" ABD
"Answer analysis" this topic examines market constraints. The contents and requirements of specific disclosure can be determined from three aspects: safety, liquidity and efficiency.
Example 20 12 "Measures for Capital Management of Commercial Banks (Trial)" requires information disclosure, focusing on the disclosure of total capital and management-related information of commercial banks. ( )
"Correct answer" ×
"Answer analysis" this topic examines market constraints. The information disclosure requirements in the Measures for Capital Management of Commercial Banks (Trial) promulgated on 20 12 focus on the disclosure of information related to capital measurement and management of commercial banks.
In the case of insufficient information disclosure, in order to achieve the purpose of effective banking supervision, the supervisory authorities must strengthen the monitoring mechanism of information disclosure, mainly including ().
A. Daily monitoring mechanism
B. Punishment mechanism
C. Responsibility of regulatory agencies
D. post supervision Mechanism
E. Prior supervision mechanism
"correct answer" ABC
"Answer analysis" this topic examines market constraints. Under the condition of insufficient information disclosure, in order to achieve the purpose of effective bank supervision, the supervisory authorities must strengthen the monitoring mechanism of information disclosure, which mainly includes daily supervision mechanism, punishment mechanism and the responsibility of the supervisory authorities.
Giving full play to the supervisory role of external audit on banks is conducive to improving the efficiency of supervision, but may increase the cost of supervision. ( )
"Correct answer" ×
"Answer analysis" this topic examines market constraints. Giving full play to the supervisory role of external audit on banks will greatly reduce the cost of supervision and improve the efficiency of supervision.
Example () refers to the process that the product department in charge of a commercial bank uses quantitative or qualitative methods to identify, evaluate and control the risks of new products/businesses in all aspects such as project application, demand design, technology development, testing and production, and the risk management department conducts risk review, supervision and management.
A. New product/business risk management B. National risk management
C. Reputation risk management D. Exchange rate risk management
"correct answer" a
The question "Answer Analysis" examines the definition of new product/business risk management. Risk management of new products/businesses refers to the process in which the product authorities of commercial banks use quantitative or qualitative methods to identify, evaluate and control the risks of new products/businesses in project application, demand design, technology development, testing and production, and the risk management departments conduct risk review, supervision and management.
The principles of risk management for example new products/businesses include ().
A. The principle of unification
B. Principle of independence
C. the principle of adaptability
D. principle of effectiveness
E. Principle of integration
"correct answer" = ↑ACDE
The question "Answer Analysis" examines the principles of new product/business risk management. The principles of new product/business risk management include: unity, comprehensiveness, adaptability, effectiveness and overall planning.
Example () refers to the process that the competent product department of a commercial bank comprehensively analyzes and identifies potential risk items or factors and finds out the risk reasons in the process of developing and putting into production new products/businesses, combining the risk types and risk points of the product line.
A. new product/business risk identification
B. New product/business risk assessment
C. new product/business risk control
D. New product/business risk feedback
"correct answer" a
"Answer analysis" This question examines the definition of new product/business risk identification. Risk identification of new products/businesses refers to the process in which the product department in charge of commercial banks comprehensively analyzes and identifies potential risk items or factors and finds out the risk reasons in the process of research and development and production of new products/businesses, combined with the risk types and risk points of product lines.
Example () refers to the process that commercial banks evaluate the possibility and consequences of risk points and measure the risk level of products on the basis of determining risk types and risk points through risk identification.
A. new product/business risk identification
B. New product/business risk assessment
C. new product/business risk control
D. New product/business risk feedback
"correct answer" b
"Answer analysis" This question examines the definition of new product/business risk assessment. New product/business risk assessment refers to the process that commercial banks evaluate the possibility and consequences of risk points and measure and determine the product risk level on the basis of risk identification and determination of risk types and risk points.
Example () refers to the process that commercial banks comprehensively weigh costs and benefits on the basis of dynamic risk identification and evaluation, formulate risk prevention and control measures for each risk point, and fully and effectively implement corresponding risk prevention and control measures before and after new products/businesses are put into the market.
A. new product/business risk identification
B. New product/business risk assessment
C. new product/business risk control
D. New product/business risk feedback
"correct answer" c
"Answer analysis" This question examines the definition of risk control for new products/businesses. Risk control of new products/businesses refers to the process that commercial banks comprehensively weigh costs and benefits on the basis of dynamic risk identification and evaluation, formulate risk prevention and control measures for each risk point, and fully and effectively implement corresponding risk prevention and control measures before and after new products/businesses are put into the market.
Liquidity risk monitoring includes three aspects.
A. Monitoring of liquidity risk limit
B. Total liquidity risk monitoring
C. Liquidity risk early warning and reporting
D. Liquidity risk control
E. Post-event feedback of liquidity risk
"correct answer" ACD
"Answer Analysis" This topic examines the monitoring and control of liquidity risk. Liquidity risk monitoring includes three main tasks: liquidity risk limit monitoring, liquidity risk early warning and reporting, and liquidity risk control.
For example, the following function that does not belong to the risk limit is ().
A. Control the highest risk level
B. Meeting shareholders' income targets
C. Providing risk reference benchmarks
D. Meeting regulatory requirements
"correct answer" b
"Answer analysis" This topic examines the monitoring and control of liquidity risk. Setting limits is an important part of liquidity risk management. Risk limit has three functions: controlling the highest risk level, providing risk reference and meeting regulatory requirements.
Example The following statement about risk limit is wrong ().
A. Risk limits ensure that the losses caused by risks will not exceed the affordability of banks, which provides an insurmountable bottom line for bank management.
B. Limits provide risk reference for decision makers and risk managers.
C. Quota is the knowledge formed in advance by various management departments through discussion.
D setting risk limits is only a voluntary risk management tool set by banks, not a mandatory requirement of national regulatory agencies.
"correct answer" d
"Answer Analysis" This topic examines the monitoring and control of liquidity risk. The establishment of risk limits is also a requirement of national regulatory agencies.
The work of establishing quota system includes ().
A. select qualitative indicators for quota.
B. Select the measurement index of limit value
C, determining the threshold of the index as the limit.
D. determine the average value of indicators as a reference.
E. Determining the contribution weight of indicators
"correct answer" BC
"Answer analysis" This topic examines the monitoring and control of liquidity risk. The establishment of quota system includes two tasks: selecting the measurement index of quota; Determine the threshold of the index as the limit.
Example banks can adopt quota indicators including () to deal with short-term potential liquidity pressure.
A.LCR limit
B. Financing concentration
C. Minimum liquidity buffer limit
D. Life limit of pressure test
E. loan-to-deposit ratio
"correct answer" ACD
"Answer Analysis" This topic examines the monitoring and control of liquidity risk. BE is the limit to deal with medium and long-term structural risks.
For example, in order to cope with long-term structural risks, banks can set limits such as ().
Loan-to-deposit ratio
C.LCR limit D. Term mismatch
E. Life limit of pressure test
"correct answer" ABD
"Answer Analysis" This topic examines the monitoring and control of liquidity risk. CE is an indicator limit to deal with short-term potential liquidity risks.