The CACS Paper 2 examination comprises of 80 questions, time given is 2 hours 30 minutes and the passing mark is 75%.
CACS Paper 2 (Set 1)
CACS Paper 2 (Set 1)
$19.90
3 Jan 2025
CACS Paper 2 Exam Question:
Which of the following financial instruments can be described as the sale of a security at a specified price with a simultaneous commitment by the borrowing party to buy the security back from the lending party at a specific price and future date?
a) Treasury bills
b) Repurchase agreements
c) Commercial paper
d) Banker’s acceptance
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CACS Paper 2 (Set 2)
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3 Jan 2025
CACS Paper 2 Exam Question:Which of the following statements regarding Exchange Traded Funds (ETFs) is false?
a) They are open-ended investment funds.
b) They may use derivatives to track an index or asset.
c) They may issue dividends.
d) They do not have management fees.
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M3 (Set 1)
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CMFAS M3 Exam Question:An individual who is engaged in central dealing for funds managed by related entities of a Licensed Fund Managed Company (LFMC) can be any of the following types of representatives except:
a) appointed representatives
b) external representatives
c) provisional representatives
d) temporary representatives
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M1A (Set 1)
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CMFAS M1A Exam Question:A Capital Market Services (CMS) Licence Holder for dealing in securities can trade on a stock market if it entered into a transaction on behalf of a principal whereby the instruction of the principal:
a) was allowed by the CMS Licence Holder.
b) was advised by the CMS Licence Holder.
c) was not solicited by the CMS Licence Holder.
d) was not incited by the CMS Licence Holder.
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M6A (Corporate Package)
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CGI Set A
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ComGI Exam Question:If a motor vehicle cannot be restored to a safe pre-accident condition and the total repair costs exceeds the Economic Repair Value, the insurer will have the option to settle the claim on a:
a) Constructive Total Loss Basis
b) Repair Discharge Basis
c) Disabled Vehicles Basis
d) Damage Limit of Indemnity Basis