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VRB Training 2023 _ LR quizz

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Value of ASF and RSF in calculating NSFR is:

a)

Market value

b)

Carrying value

c)

Fair value

d)

Intrinsic value

2.

Which of the following do NOT include the Small business customer in LCR?

a)

Stable deposit with run-off factor of 5%

b)

Less stable deposit with run-off factor of 10%

c)

Stable deposit with run-off factor of 3%

3.

Which of the following do NOT include in calculating the Cash Inflows for LCR?

a)

Interest payments

b)

Derivative cashflow

c)

Operational deposits

d)

Insurance claims

4.

Which of the following is NOT a characteristic of stable funding sources for the NSFR calculation?

a)

Longer maturity

b)

Low potential for early withdrawal

c)

Higher interest rate

d)

Reliable availability during stress periods

5.

What is the main purpose of a contingency funding plan?

a)

To ensure sufficient liquidity during times of financial stress or disruption

b)

To maximize profits through strategic investments

c)

To optimize cash flow for day-to-day operations

d)

To set up a ‘crisis team’ with clear role and responsibilities

6.

Why is it important for banks to regularly review and update their contingency funding plans?

a)

To align with changing business conditions and market dynamics

b)

To satisfy regulatory requirements and compliance standards

c)

To incorporate lessons learned from previous crises or disruptions

d)

All of the above

7.

Which of the following assets are considered high-quality liquid assets (HQLA) for the purpose of calculating the LCR?

a)

Cash and cash equivalents

b)

Government securities

c)

Highly rated corporate bonds

d)

Gold

8.

Which of the following factors may be considered when designing liquidity stress scenarios?

a)

Sudden deposit withdrawals by customers

b)

Market disruptions or liquidity freezes

c)

Changes in interest rates

d)

All of the above

9.

What is the minimum NSFR requirement set by the Basel III framework for internationally active banks?

a)

40%

b)

50%

c)

65%

d)

100%

10.

How does the NSFR differ from the Liquidity Coverage Ratio (LCR)?

a)

The NSFR focuses on short-term liquidity, while the LCR assesses long-term funding stability.

b)

The NSFR considers both assets and liabilities, while the LCR focuses on cashflows.

c)

The NSFR requires a maximum stable funding ratio of 100%, while the LCR requires a minimum liquidity coverage ratio of 100%.

d)

The NSFR is a globally recognized standard, while the LCR is specific to certain regulatory jurisdictions.