Education
- Overview
- 01 Introduction to ERM
- 02 External risk frameworks
- 03 The ERM process
- 04 Risk classification
- 05 Risk measurement
- 06 Introduction to risk modelling
- 07 Quantitative analysis of financial data
- 08 Further risk modelling
- 09 Analysis of different types of risk
- 10 Risk optimisation and responses to risk
- 11 Risk Mitigation
- 12 Capital Management
Risk Classification
These questions cover different concepts of risk, and the range of risks faced by organisations
Please login to start the quiz
Quiz-summary
0 of 5 questions completed
Questions:
- 1
- 2
- 3
- 4
- 5
Information
This is the quiz description.
Please enter your name and email to start.
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading...
You must sign in or sign up to start the quiz.
You have to finish following quiz, to start this quiz:
Results
0 of 5 questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 points, (0)
Categories
- Not categorized 0%
- 1
- 2
- 3
- 4
- 5
- Answered
- Review
-
Question 1 of 5
1. Question
Match the following terms to their possible definitions
Sort elements
- The risk arising when cash flows received and cash flows due are in difference currencies
- The risk arising from changes in the yield curve
- The risk arising from changes in the spread on a bond or index
- The risk of loss due to reduced sale prices resulting from market disruption
- The risk arising from changes in the prices of securities
-
Foreign exchange risk
-
Interest rate risk
-
Credit risk
-
Liquidity risk
-
Market risk
Correct
Incorrect
-
Question 2 of 5
2. Question
Which one of these is not a component of longevity risk?
Correct
Catastrophe risk is a component of mortality risk, as there can be a large and temporary rise in mortality rates; however, a large and temporary fall is less likely
Incorrect
-
Question 3 of 5
3. Question
Which of these is (or are) a component of operational risk as defined by the Basel Committee for Banking Supervision (BCBS)?
Correct
Whilst moral hazard and reputational risk can be regarded as types of operational risk, they are not explicitly allowed for by the BCBS
Incorrect
-
Question 4 of 5
4. Question
What can be defined as “the risk that the average level of claims in a portfolio is different from that assumed”?
Correct
Incorrect
-
Question 5 of 5
5. Question
What can be defined as “the risk that mortality rates will improve over time at a rate that is different from that assumed”?
Correct
Incorrect