備考FRM二級(jí)考試有必要做FRM真題嗎？這是近日考生所咨詢的，在這里小編告訴你，備考做真題練習(xí)也是很有必要的，因?yàn)檫@個(gè)過(guò)程中可以幫助自己查漏補(bǔ)缺，及時(shí)發(fā)現(xiàn)自己的不足。下面是列舉的相關(guān)真題，希望對(duì)你有所幫助！


Which of the following is not usually used to provide credit support in a securitization?

A) Eliminating first loss positions

B) Creating subordinated tranches

C) Generating excess spread

D) Overcollateralization

答案：A

解析：First loss positions provide credit support in a securitization. Eliminating first loss positions would remove credit support.

The dark side of retail credit risk is perpetuated by all of the following factors except:

A) capital set aside to protect a bank in the event of default.

B) process flaws resulting in high risk applicants receiving credit.

C) new products which do not have sufficient historical loss data.

D) a social acceptance of bankruptcy and borrowers "walking away“ from their obligations.

答案：A

解析：Capital must be set aside to protect banks in the event of default, but this is a response to the dark side of retail credit risk rather than a perpetuating factor.

A process flaw which grants credit to high risk individuals, a new product which doesn’t have historical loss data, and the social “acceptance”of failing to meet debt payments are all considered perpetuating factors of retail credit risk.