Study liquidity risk, leverage, reserves, intraday funding, stress testing, contingency planning, deposits, repo, transfer pricing, cross-currency funding, ALM and illiquid assets.
Qualification facts verified against FRM Part II Liquidity and Treasury Risk book scope. Last checked 2026-08-02. Official GARP FRM study-materials page. The supplied official book controls the 19-chapter learning content. Current GARP sources verify the Part II domain structure and official exam format.
Liquidity and Treasury Risk practice inventory
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Which statement correctly explains Intraday liquidity?
Liquidity and Treasury Risk Measurement and Management covers market and funding liquidity, leverage and collateral, early warning indicators, investment and reserve management, intraday liquidity, cash-flow monitoring, dealer-bank failure, stress testing, reporting, contingency funding, deposits, wholesale liabilities, repo, transfer pricing, dollar funding, the cross-currency basis, asset-liability management and illiquid assets.
This course keeps all 19 chapters together as one source-grounded book-level learning hub. Use 210 active-recall flashcards, a 222-item reference sheet, detailed chapter summaries, five timed mocks and the grounded AI tutor to learn the precise distinctions and mechanics.
The official FRM Part II exam contains 80 equally weighted multiple-choice questions across all Part II domains and lasts four hours. These 20-question, 60-minute papers preserve that pace but are not full Part II mocks. The 70% platform result is an internal mastery target, not an official GARP pass mark.
| Assessment | Book-level topical practice: 20 multiple-choice questions in 60 minutes. The official FRM Part II exam covers all Part II domains with 80 equally weighted questions in four hours. |
| Duration | 60 Minutes |
| Feature | Exams Academy | Details |
|---|---|---|
| Access Period | Lifetime Access | One-time enrollment with no recurring fee |
| Practice Exams | Unlimited Retakes | Five 20-question timed book-level mock exams |
| Study Support | Instant 24/7 AI Tutor | Self-service AI support; live instructor support is not included |
| Cost | $89 (One-Time) | One-time payment with no recurring subscription |
Test all 19 chapters through five 20-question papers at the official Part II pace.
Clarify funding, collateral, stress, transfer-pricing and ALM relationships.
Strengthen memory with 210 flashcards and a 222-item searchable reference sheet.
Connect each liquidity measure with its horizon, assumptions, capacity and action.
Use the same question bank in two different ways: build understanding with instant feedback, then switch to a realistic simulation when you are ready.
Choose an answer, see immediately whether it is right or wrong, and read the explanation before moving on.
Work against the official-style timer without revealing answers, then review your score and every explanation after submission.
Market and funding liquidity, LVaR, regulation and liquidity black holes.
Funding structures, collateral markets, leverage, margins and systemic links.
Forward-looking metrics, thresholds, dashboards and escalation.
Money- and capital-market instruments, yield, duration and maturity strategies.
Asset, liability and balanced strategies; needs and reserve positions.
Payment timing, collateral, flows, stress and settlement utilities.
Cash-flow term structures, generation capacity and tail liquidity measures.
Creditor and client flight, derivatives, settlement and policy response.
Scope, horizon, scenarios, assumptions, outputs and governance.
Deposit, mismatch, concentration, commitment and stress reports.
Triggers, gaps, actions, communication and operational readiness.
Deposit types, costs, insurance and relationship pricing.
Wholesale sources, funds gaps and source selection.
Repo mechanics, rates, specials, haircuts and rollover risk.
Matched-maturity pricing, cushions and contingent liquidity cost.
Global balance sheets, dollar mismatch and central-bank swap lines.
Cross-currency basis, hedging demand and limits to arbitrage.
Repricing gaps, net interest margin, duration and convexity.
Stale pricing, biases, premiums, transaction costs and allocation.
Preparation centre
Use these connected guides for the syllabus, exam format, booking and revision strategy.
No. This course covers the Liquidity and Treasury Risk printed book. Candidates also need the other Part II books and required Current Issues readings.
GARP describes Part II as 80 equally weighted multiple-choice questions completed in four hours across all Part II domains.
No. They are book-level topical practice at the official average pace.
No. GARP does not publish a fixed percentage pass mark. The platform uses 70% only as an internal mastery target.
No. Exams Academy is an independent education provider and is not affiliated with or endorsed by GARP.
You receive lifetime access with no recurring subscription fee.
Yes! Test your knowledge and see our AI tutor explanations with the free GARP FRM Part II — Liquidity and Treasury Risk Measurement and Management (Book 4) Sample Paper. It contains 15 questions from one named topic and is not a full mock exam or overall readiness assessment.
Master this FRM curriculum book with source-grounded summaries, active recall and clearly scoped book-level practice before combining it with the rest of the curriculum.
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