PRMIA 8011 Q&A - in .pdf

  • 8011 pdf
  • Exam Code: 8011
  • Exam Name: Credit and Counterparty Manager (CCRM) Certificate Exam
  • Updated: Oct 11, 2026
  • Q & A: 330 Questions and Answers
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  • Exam Code: 8011
  • Exam Name: Credit and Counterparty Manager (CCRM) Certificate Exam
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  • Updated: Oct 11, 2026
  • Q & A: 330 Questions and Answers
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PRMIA 8011 Q&A - Testing Engine

  • 8011 Testing Engine
  • Exam Code: 8011
  • Exam Name: Credit and Counterparty Manager (CCRM) Certificate Exam
  • Updated: Oct 11, 2026
  • Q & A: 330 Questions and Answers
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8011 exam dumps

PRMIA 8011 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Credit Valuation Adjustment (CVA) and Related Topics17%- XVA and SA-CCR
- Credit Valuation Adjustment (CVA)
- Managing Counterparty Risk and CVA
Topic 2: Credit Risk Modeling and Portfolio Management20%- Modern Credit Risk Modeling
- Credit Portfolio Management
Topic 3: Credit Derivatives and Securitization13%- Credit Derivatives
- Securitization Processes and Instruments
Topic 4: Case Studies7%
Topic 5: Classic Credit Products, Life Cycle and Credit Risk Methodology30%- Classic Credit Risk Methodology
- Classic Credit Products
- Introduction to Credit Risk
Topic 6: Counterparty Risk and Risk Mitigation13%- Basics of Counterparty Risk
- Risk Mitigation Techniques

PRMIA Credit and Counterparty Manager (CCRM) Certificate Sample Questions:

Question #1

Which of the following are considered properties of a 'coherent' risk measure:
I. Monotonicity
II. Homogeneity
III. Translation Invariance
IV. Sub-additivity

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

Correct Answer: A  🗳️

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Question #2

Under the KMV Moody's approach to calculating expecting default frequencies (EDF), firms' default on obligations is likely when:

  • A. expected asset values one year hence are below total liabilities
  • B. asset values reach a level below short term debt
  • C. asset values reach a level below total liabilities
  • D. asset values reach a level between short term debt and total liabilities
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #3

Which of the following cannot be used to address the issue of heavy tails when modeling market returns

  • A. Normal mixtures
  • B. EWMA
  • C. Student's t-distribution
  • D. EVT
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #4

Which of the following are valid approaches to calculating potential future exposure (PFE) for counterparty risk:
I. Add a percentage of the notional to the mark-to-market value
II. Monte Carlo simulation
III. Maximum Likelihood Estimation
IV. Parametric Estimation

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

Correct Answer: B  🗳️

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Question #5

Which of the following is the most accurate description of EPE (Expected Positive Exposure):

  • A. The average of the distribution of positive exposures at a specified future date
  • B. Weighted average of the future positive expected exposure across a time horizon.
  • C. The maximum average credit exposure over a period of time
  • D. The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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