最新なGARP 2016-FRR問題集（390題）、真実試験の問題を全部にカバー！

質問 1：
US-based BetaBank have accumulated Japanese yen, Japanese government bonds, options on Japanese yen, and positions in commodities that have a positive correlation with yen. Which one of the four following non- statistical risk measures could be used to evaluate the BetaBank's exposure to the Japanese economy?
A. Position turnover
B. Position concentrations
C. Position volatility
D. Position sensitivities
正解：B
解説: (Pass4Test メンバーにのみ表示されます)

質問 2：
Which one of the following four exercise features is typical for the most exchange-traded equity options?
A. European exercise feature
B. A shout option exercise feature
C. Asian exercise feature
D. American exercise feature
正解：D
解説: (Pass4Test メンバーにのみ表示されます)

質問 3：
All of the following performance statistics typically benefit country's creditworthiness EXCEPT:
A. Low unemployment
B. Low inflation
C. Low degrees of savings
D. High degrees of investment
正解：C
解説: (Pass4Test メンバーにのみ表示されます)

質問 4：
What is the explanation offered by the liquidity preference theory for the upward sloping yield curve shape?
A. The long term rates must rise enough to get some borrowers to borrow short-term and some lenders to lend long-term.
B. The long term rates must rise enough to get some borrowers to borrow long-term and some lenders to lend short-term.
C. The short term rates must fall enough to get some borrowers to borrow long-term and some lenders to lend short-term.
D. The short term rates must rise enough to get some borrowers to borrow short-term and some lenders to lend long-term.
正解：B
解説: (Pass4Test メンバーにのみ表示されます)

質問 5：
Bank G has a 1-year VaR of USD 20 million at 99% confidence level while bank H has a 1-year VaR of USD
10 million at 95% confidence level. Which bank is in a more risky position as measured by VaR?
A. Both banks are equally risky since the measurements are with the same confidence level.
B. Bank H is taking twice the risk of bank G as measured by VaR.
C. Bank G is taking twice the risk of bank H as measured by VaR.
D. Since the confidence levels are not the same we cannot make any conclusions.
正解：D
解説: (Pass4Test メンバーにのみ表示されます)

質問 6：
By foreign exchange market convention, spot foreign exchange transactions are to be exchanged at the spot date based on the following settlement rule:
A. Three-day rule
B. Two-day rule
C. One-day rule
D. Four-day rule
正解：B
解説: (Pass4Test メンバーにのみ表示されます)

質問 7：
As Japan ___ its budget deficits and ___ its dependence on debt, the Japanese currency, JPY, would ___ in value against other currencies.
A. Reduces, reduces, depreciate
B. Reduces, increases, depreciate
C. Increases, reduces, appreciate
D. Reduces, reduces, appreciate
正解：D
解説: (Pass4Test メンバーにのみ表示されます)