GARP Financial Risk and Regulation (FRR) Series 2016-FRR Question # 36 Topic 4 Discussion

GARP Financial Risk and Regulation (FRR) Series 2016-FRR Question # 36 Topic 4 Discussion

2016-FRR Exam Topic 4 Question 36 Discussion:
Question #: 36
Topic #: 4

Which one of the following four statements about regulatory capital for a bank is accurate?


A.

Regulatory capital is determined by rules imposed by an outside authority, such as a supervisor or central bank.


B.

Regulatory capital is the lowest level of economic capital the bank should have to meet regulatory requirement.


C.

Regulatory capital reflects the economic tradeoffs of the bank as accurately as the bank can represent them.


D.

Regulatory capital is less than the regulatory capital requirement.


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