Exam style questions across every 8008 domain
Last Update 3 days ago
Total Questions : 362
Start with our free 8008 practice questions, carefully crafted to mirror the domains, phrasing, and difficulty of the real PRM Certification exam. Each 8008 exam question comes with a detailed rationale that explains not just which answer is correct but why the others fall short. That's how concepts stick. Use the free set to benchmark yourself: identify your PRMIA weak domains, see where you're losing marks, and build a focused study plan in minutes.
The definition of operational risk per Basel II includes which of the following:
I. Risk of loss resulting from inadequate or failed internal processes, people and systems or from external events
II. Legal risk
III. Strategic risk
IV. Reputational risk
Which of the following are measures of liquidity risk
I. Liquidity Coverage Ratio
II. Net Stable Funding Ratio
III. Book Value to Share Price
IV. Earnings Per Share
Which of the following are valid objectives of a reverse stress test:
I. Ensure that a firm can survive for long enough after risks have materialized for it to either regain market confidence, restructure or be sold, or be closed down in an orderly manner,
II. Discover the vulnerabilities of the current business plan,
III. Better integrate business and capital planning,
IV. Create a 'zero-failure' environment at the systemic level in the financial sector
What is the combined VaR of two securities that are perfectly positively correlated.
