Free PRMIA 8008 Exam Practice Questions
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Question No 1
Which of the following statements are true? I. Risk governance structures distribute rights and responsibilities among stakeholders in the corporation II. Cybernetics is the multidisciplinary study of cyber risk and control systems underlying information systems in an organization III. Corporate governance is a subset of the larger subject of risk governance IV. The Cadbury report was issued in the early 90s and was one of the early frameworks for corporate governance
Question No 2
Which of the below are a way to classify risk governance structures: A Reactive, Preventative and Active B. Committee based, regulation based and board mandated C. Top - down and Bottom - up D. Active and Passive
Question No 3
Which of the following are a CRO's responsibilities: I. Statutory financial reporting II. Reporting to the audit committee III. Compliance with risk regulatory standards IV. Operational risk
Question No 4
Which of the following statements are correct? I. A reliance upon conditional probabilities and a - priori views of probabilities is called the 'frequentist' view II. Knightian uncertainty refers to things that might happen but for which probabilities cannot be evaluated III. Risk mitigation and risk elimination are approaches to reacting to identified risks IV. Confidence accounting is a reference to the accounting frauds that were seen in the past decade as a reflection of failed governance processes
Question No 5
Which of the following statements are correct in relation to the financial system just prior to the current financial crisis: I. The system was robust against small random shocks, but not against large scale disturbances to key hubs in the network II. Financial innovation helped reduce the complexity of the financial network III. Knightian uncertainty refers to risk that can be quantified and measured IV. Feedback effects under stress accentuated liquidity problems
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Total 362 Questions
About This 8008 Question Bank
This page has 362 free practice questions for the PRMIA 8008 (Risk Management Frameworks, Operational Risk, Credit Risk, Counterparty Risk, Market Risk, ALM, FTP 2015 Edition) exam, last refreshed on 21st Aug 2026. Answer each question, then reveal the correct choice to check your understanding before deciding whether to unlock the full question bank.
The demo above is a sample of the complete 8008 question set. The full bank includes the PDF, downloadable practice test, and online exam-engine formats listed above, with free updates included for the duration you choose.
Frequently Asked Questions
How many free 8008 questions can I try here?
This demo includes a sample from our 362-question 8008 bank so you can check the format and difficulty before purchasing.
Are these 8008 questions updated?
Yes, the PRMIA 8008 question bank is reviewed and refreshed periodically to reflect current exam objectives.
What formats are available for the full 8008 question bank?
PDF download, an online practice-test engine, and a combined bundle pack with 3, 6, or 12-month free updates.
Is there a refund if I don't pass?
Yes, purchases include a money-back guarantee — see our refund policy for details.