Free Practice GARP FRM-Part-1 Exam Questions 2025

At-the-point approaches tend to be:

Which of the following liquidity de nitions is most likely associated with funding liquidity?

One of the basic requirements of a risk control process that a risk and control selfassessment program (RCSA) fails in is the:

A risk analyst at an asset management company is assessing the past performance of an internally managed equity fund. The analyst obtains the following information on the market and the fund over the last year:• Treynor performance index for the fund: 8.00%• Return of the market portfolio: 5.60%• Beta of the fund: 0.65• Risk-free rate of interest: 1.75%Based on the information above, what is the Jensen’s alpha for the equity fund over the same period?

Suppose that the single-monthly mortality rate (SMM) is equal to 0.004. The mortgage balance for a certain month is $100 million, and the scheduled principal payment for the same month is $2.5 million. What is the assumed prepayment amount for this month?