PRMIA Exam 8004 Topic 1 Question 21 Discussion

Actual exam question for PRMIA's 8004 exam

Question #: 21
Topic #: 1

[All 8004 Questions]

Select the one correct statement relative to Barings Bank.

AProprietary and agency trading were combined and therefore did not increase risk.

BProprietary and agency trading were separate and therefore did not increase risk.

CProprietary and agency trading were combined and therefore did increase risk.

DProprietary and agency trading were separate and did increase risk.

Show Suggested Answer

Suggested Answer: D

by Emilio at Apr 25, 2024, 10:52 PM

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Launa

10 months ago

I chose B. Reporting to regulators sounded off to me.

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Jerlene

10 months ago

I went with A. Keeping high revenue generators is crucial.

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Lawrence

10 months ago

Really? I thought D made the most sense. Compliance and market conditions.

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Alida

11 months ago

Yeah, the options all seem somewhat correct. I was leaning towards C.

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Launa

11 months ago

It was tricky. I think it's about balancing risk and reward.

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Lemuel

11 months ago

What did you think about that question on director's compensation review?

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Thomasena

12 months ago

Yes, it's also crucial to consider competitive market conditions

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Myra

12 months ago

I agree, it's important to ensure compliance and report highly compensated positions

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Rosio

12 months ago

I think the answer is B)

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