The ComGI examination comprises of 50 questions, time given is 1 hour 15 minutes and the passing mark is 70%.
CGI Set A
CGI Set A
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3 Apr 2025
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
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CGI Set B
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3 Apr 2025
ComGI Exam 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
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M6 (Set 2)
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3 Apr 2025
CMFAS M6 Exam Question:Which of the following statements regarding Convertible Bonds is FALSE?
a) They have greater appreciation potential than corporate bonds.
b) They are less vulnerable to losses if the issuer defaults compared to corporate bonds.
c) Holders of convertible bonds have a lower priority to claim the issuing company’s assets than investors in corporate bonds.
d) They typically offer lower yields than corporate bonds.
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M1A (Set 1)
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3 Apr 2025
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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BCP Set B
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3 Apr 2025
BCP Exam 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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3 Apr 2025
CMFAS M6A Exam 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