FRM 2026 Part II Operational Risk and Resilience Business Continuity Free Quiz 1

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FRM 2026 Part II Operational Risk and Resilience Business Continuity Free Quiz 1

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FRM 2026 Part II Operational Risk and Resilience Business Continuity Free Quiz 1

Practice FRM 2026 Part II Operational Risk and Resilience MCQs from Business Continuity. Get instant results with Explanation.

General10 MCQs

1. What is business continuity management (BCM)?

A. BCM is only about disaster recoveryB. BCM is a holistic process for identifying threats and building resilienceC. BCM is the same as operational risk managementD. BCM is optional for organisations

2. What is a business continuity plan (BCP)?

A. A BCP is the same as a disaster recovery planB. A BCP is only for IT systemsC. A BCP is a documented plan for continuing critical operations during disruptionsD. A BCP is optional

3. What is the difference between a BCP and a DRP?

A. A DRP focuses on IT recovery, while a BCP covers broader business continuityB. A DRP is the same as a BCPC. A DRP is only for data backupD. A DRP is not part of business continuity

4. What is a business impact analysis (BIA)?

A. BIA is not used in business continuityB. BIA is the same as risk assessmentC. BIA is optionalD. BIA identifies critical functions and impacts, helping set RTOs and RPOs

5. What are RTO and RPO?

A. RTO is the maximum data lossB. RTO is the maximum acceptable downtime; RPO is the maximum acceptable data lossC. RPO is the maximum acceptable downtimeD. RTO and RPO are the same

General10 MCQs

6. Why is testing the BCP important?

A. BCP testing is optionalB. BCP testing is only done onceC. BCP should be tested regularly through exercises and simulationsD. Testing is not necessary if the plan is well-written

7. How should the BCP be maintained?

A. The BCP should be reviewed and updated regularlyB. The BCP is static and never changesC. The BCP is updated only after a disruptionD. Reviewing the BCP is optional

8. How should BCM be integrated with risk management?

A. BCM is separate from risk managementB. BCM does not need to be integratedC. BCM is only for operational risksD. BCM should be integrated with the overall risk management framework

9. What is a BCM policy?

A. A BCM policy is optionalB. A BCM policy sets out the approach to business continuity and should be approved by the boardC. A BCM policy is the same as the BCPD. A BCM policy is only for large organisations

10. What are the key steps in the BCM process?

A. BCM has two steps: planning and testingB. BCM has three steps: analysis, planning, and testingC. BCM is a continuous cycle including BIA, strategy, plan development, testing, and embeddingD. BCM is a one-time exercise

📋 FRM - Test Online Practice Quizzes

FRM

Conducting Body: Global Association of Risk Professionals GARP

Frequency: three times a year: May, August, and November | Time: 240 Minutes

Negative Marking: No

⚡ Test Pattern (Total: 100 MCQs):

Subject breakdown not available.

Merit Formula: -

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