PRMIA 8010 Q&A - in .pdf

  • 8010 pdf
  • Exam Code: 8010
  • Exam Name: Operational Risk Manager (ORM) Exam
  • Updated: Oct 05, 2026
  • Q & A: 242 Questions and Answers
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  • PDF Price: $59.99

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  • Exam Code: 8010
  • Exam Name: Operational Risk Manager (ORM) Exam
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  • Updated: Oct 05, 2026
  • Q & A: 242 Questions and Answers
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PRMIA 8010 Q&A - Testing Engine

  • 8010 Testing Engine
  • Exam Code: 8010
  • Exam Name: Operational Risk Manager (ORM) Exam
  • Updated: Oct 05, 2026
  • Q & A: 242 Questions and Answers
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PRMIA 8010 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Risk Management Framework15%- Strategy and framework implementation
- Risk policies, limits, and pricing
- Risk capacity and risk appetite
Topic 2: Operational Risk Capital & Modeling10%- Basel III and recent developments
- Basic and advanced measurement methods
- Capital requirements and approaches
Topic 3: Compliance & Regulatory Risk10%- Enterprise compliance frameworks
- Basel Accords and global regulations
- Compliance risk types and controls
Topic 4: Operational Resilience5%- Third-party/vendor risk management
- DORA and resilience regulations
- Business continuity and recovery
Topic 5: Risk Governance15%- Risk culture and ethical conduct
- Roles of first, second, and third lines of defense
- Governance structures and responsibilities
Topic 6: Introduction to Operational Risk Management10%- Embedding risk management practices
- Risk management frameworks and principles
- ESG and climate risk considerations
Topic 7: Risk Assessment20%- Risk and Control Self-Assessment (RCSA)
- Residual risk and issue management
- Bottom-up process modeling
- Top-down scenario analysis
Topic 8: Risk Information & Monitoring15%- Key Risk Indicators (KRIs)
- Risk reporting and communication
- Loss data collection and analysis

PRMIA Operational Risk Manager (ORM) Sample Questions:

Question #1

Which of the following statements are true:
I. The three pillars under Basel II are market risk, credit risk and operational risk.
II. Basel II is an improvement over Basel I byincreasing the risk sensitivity of the minimum capital requirements.
III. Basel II encourages disclosure of capital levels and risks

  • A. III only
  • B. II and III
  • C. I and II
  • D. I only
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #2

When considering a request for a loan from a retail customer, which of the following factors is relevant for a bank to consider:

  • A. The contribution this new loan would bring to total portfolio risk
  • B. The other retail loans inits portfolio
  • C. The credit worthiness of the retail customer
  • D. All of the above
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #3

A zero coupon corporate bond maturing in an year has a probability of default of 5% and yields 12%. The recovery rate is zero. What is the risk free rate?

  • A. 6.40%
  • B. 7.00%
  • C. 5.26%
  • D. 5.00%
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #4

Which of the following statements are true?
I. Retail Risk Based Pricing involves using borrower specific data to arrive at both credit adjudication and pricing decisions II. An integrated 'Risk Information Management Environment' includes two elements - people and processes III. A Logical Data Model (LDM) lays down the relationships between data elements that an organization stores IV. Reference Data and Metadata refer to the same thing

  • A. II and IV
  • B. I, II and III
  • C. I and III
  • D. All of the above
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Explanation: Only visible for PracticeDump members. You can sign-up / login (it's free).

Question #5

Which of the following statements are correct:
I. A training set is a set of data used to create a model, while a control set is a set of data is used to prove that the model actually works II. Cleansing, aggregating or ensuring data integrity is a task for the IT department, and is not a risk manager's responsibility III. Lack of information on the quality of underlying securities and assets was a major cause of the collapse in the CDO markets during the credit crisis that started in 2007 IV. The problem of lack of historical data can be addressed reasonably satisfactorily by using analytical approaches

  • A. II and IV
  • B. I, III and IV
  • C. I and III
  • D. All of the above
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Explanation: Only visible for PracticeDump members. You can sign-up / login (it's free).

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