student help-book for commerce aspirants
FRM Resources
New to the world of Financial Resource Manager? Feeling lost about what teachers to choose? Feeling confused about how to study? Feeling anxious about writing the exam? Feeling unaware about your next time? Don't worry! We, at Aspire, have curated a list of resources you would want in your journey of conquering first step to becoming a FRM.
Select the best teacher
EDUPRISTINE
Phone: (800) 200-5835
Email: care@edupristine.com
Finlearning
Phone: +91 9213 482 324
Email: bhavna@finlearning.in
FinTree
Phone no.: +91 8888077722
Email : admin@fintreeindia.com
Phone: +91 91640 80825
Email: support@apnacourse.com
Apna Course
Study using Youtube Videos
Test your preparation
QUESTION 1
Consider your knowledge of stress testing and determine which of the following are most likely correct with respect to this financial tool:
i) Stress testing is considered to be very objective
ii) Stress testing is unable to compliment Value-at-Risk computations
iii) Having more scenarios presented will better aid in understanding a portfolio’s risk exposures
A) i only
B) ii only
C) iii only
D) i and ii only
E) i and iii only
F) ii and iii only
G) i, ii and iii
H) None of the above
QUESTION 2
Consider your knowledge of Value-at-Risk ( VaR ) and select the statements that are most likely true.
i) Value-at-Risk will increase once holdings periods become longer
ii) Value-at-Risk will decrease once probability levels become lower
iii) Value-at-Risk cannot be calculated by using the historical returns of a portfolio
A) i only
B) ii only
C) iii only
D) i and ii only
E) i and iii only
F) ii and iii only
G) i, ii and iii
H) None of the above
QUESTION 3
From the following given options, determine those that may be classified as ‘ linear ‘ or even ‘ near linear ‘.
i) Swaps
ii) Forwards
iii) Futures
iv) Options
QUESTION 4
Determine which of the following options below may be considered as reasons for causing a yield curve to slope upwards.
i) Expectations of higher inflation rates
ii) Expectations of higher interest rates
iii) Expectations of improving outlook for credit risk
iv) Investors favoring maturities with short terms
A) i and ii only
B) i and iii only
C) i, ii and iii only
D) i, ii and iv only
E) i, iii and iv only
F) ii, iii and iv only
G) i, ii, iii and iv
QUESTION 5
When valuing a call option using the binomial model, an increase in the probability that the underlying will go up most likely implies that the current price of the call option:
A. increases. B. remains unchanged. C. decreases.