CIPS L4M4 Q&A - in .pdf

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NEW QUESTION: 1
DRAG DROP
You need to deploy WGBLoanMaster app by using the Azure Command-line Interface (CLI).
Which five commands should you run in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.

Answer:
Explanation:

References:
https://docs.microsoft.com/en-us/azure/azure-resource-manager/resource-group-template-deploy- cli

NEW QUESTION: 2

A. dnsq
B. dnslookup
C. dig
D. hostname
E. zoneinfo
Answer: C

NEW QUESTION: 3
The unexpected loss for a credit portfolio at a given VaR estimate is defined as:
A. Actual Loss - VaR
B. VaR - Expected Loss
C. max(Actual Loss - Expected Loss, 0)
D. Actual Loss - Expected Loss
Answer: B
Explanation:
Explanation
Unexpected loss for a credit portfolio refers to the excess of the VaR estimate over the average expected loss.
The term 'unexpected loss' has this specific meaning in the context of credit risk, and not any other intuitive meaning. So if for a portfolio worth $100m expected losses are 4%, and the credit VaR at 99% is $12m, then unexpected losses at that VaR quintile are $8m. This is unrelated to actual realized losses versus expected losses.
Therefore Choice 'd' is the correct answer and the others are not.
Unexpected loss is used to determine the capital reserves to be maintained against a credit portfolio at a certain level of confidence.

NEW QUESTION: 4
Your FX swap dealer bought and sold 1 month GBP/USD 25,000,000,00; rates were set to 1,5305 against 1.5300.What payment is your bank expecting in a month from now?
A. USD 38,262,500.00
B. USD 16,339,869.28
C. GBP 25,000,000.00
D. USD 38,250,000.00
Answer: D

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