PRMIA 8009 exam dumps : Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition

  • Exam Code: 8009
  • Exam Name: Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition
  • Updated: Aug 29, 2026     Q & A: 112 Questions and Answers

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PRMIA 8009 Exam Syllabus Topics:

SectionWeightObjectives
Risk Management Case Studies25%- Northern Rock
- Orange County
- Long-Term Capital Management (LTCM)
- Metallgesellschaft
- China Aviation Oil
- Baring Bank
Risk Management Best Practices20%- Internal Controls and Risk Limits
- Compliance and Regulatory Alignment
- Enterprise Risk Management Framework
PRMIA Standards of Best Practice, Conduct and Ethics30%- Whistleblowing and Reporting Violations
- Conflict of Interest and Disclosure
- Ethical Decision-Making Framework
- Code of Conduct and Professional Responsibilities
Corporate Governance Principles25%- PRMIA Governance Principles
- Transparency and Accountability
- Risk Governance Structure
- Board and Senior Management Oversight

PRMIA Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition Sample Questions:

Question 1

The "Renewing the Dream" program signed into law by President George W Bush in 2002 was designed to

A. Recapitalise Fannie Mae and Freddie Mac with US$2.4 billion of additional capital to ensure they weathered the risks associated with any future downturn in the housing markets
B. Allow risky, high-cost loans to be credited towards affordable housing goals
C. Provide grants of US$800 million to help home buyers with down-payment and closing costs
D. Provide tax credits of nearly US$2.4 billion over the next 5 years to investors and builders who developed affordable single-family housing in poor and distressed areas


Question 2

Bankgesellschaft Berlin's failures can be best characterised as

A. credit risk caused by a diversified portfolio of poor-quality loans
B. both A and B
C. none of the above
D. credit risk caused by overexposure to the property market


Question 3

According to the Group of 30 Report, deriving aggregate potential credit exposure for a counterparty by adding up the potential exposure of multiple transactions:

A. Overstates exposure in most cases
B. Can easily reflect the impact of netting
C. Gives an accurate result in most cases
D. Captures portfolio effects but not tenor differences


Question 4

The early 2003 trading strategy of China Aviation oil was

A. to buy puts and sell calls
B. to sell calls and buy puts
C. to buy calls and sell puts
D. to sell puts and buy calls


Question 5

How much of Washington Mutual's assets were funded by customer deposits for the decade ending in 2006?

A. 30%
B. 50%
C. 60%
D. 40%


Solutions:

Question 1
Answer: D
Question 2
Answer: D
Question 3
Answer: A
Question 4
Answer: C
Question 5
Answer: C

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