CACS Paper 2 (Set 1)
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4 Feb 2026
CACS Paper 2 Mock 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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4 Feb 2026
CACS Paper 2 Mock 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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CGI Set A
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4 Feb 2026
ComGI Mock 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
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BCP Set B
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4 Feb 2026
BCP Mock Question:Which of the following statements regarding insurable interest is incorrect?
a) There must be some property, rights, interest or potential liability capable of being insured.
b) The property, rights, interest or potential liability must be the subject matter of the insurance.
c) The insured must not stand in a relationship, recognized by law, with the subject matter of the insurance.
d) The proposer must benefit from the continued existence of the subject matter of the contract or be prejudiced by its loss.
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M6A (Set 1)
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4 Feb 2026
CMFAS M6A Mock Question:Which of the following types of orders is filled immediately at the best possible price?
a) Limit Order
b) Market Order
c) Stop Order
d) Market-if-Touched Order
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CGI Set B
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4 Feb 2026
ComGI Mock Question:Which of the following terms correctly describes a situation where an individual who is liable for an accident is under the control of some other person or organization, and who, therefore, transfers liability to that party in control?
a) Strict Liability
b) Absolute Liability
c) Vicarious liability
d) Negligence
