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M6A (Set 1)
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4 Aug 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
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PGI Set B
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4 Aug 2025
PGI Exam Question:Which of the following statements correctly describes the term Subrogation?
a) The insurer need not to pay any claims if the claims are fraudulent.
b) The insurer has the right to pursue the wrong-doer in the insured’s name.
c) The insured must inform the insurer in writing of any change of circumstances which can increase the possibility of loss, injury or damage.
d) The insurer and the insured have the right to cancel the policy if mutually agreed upon.
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M3 (Set 2)
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4 Aug 2025
CMFAS M3 Exam Question:Which of the following is NOT a criteria for Fund Managed Companies (FMCs) to meet?
a) An FMC should ensure that the minimum competency requirements are met.
b) An FMC should satisfy MAS that its shareholders, directors, representatives and employees, as well as the FMC itself, are fit and proper.
c) An FMC carrying out fund management on behalf of any customer other than an accredited or institutional investor does not need to meet the base capital thresholds.
d) An FMC should have in place compliance arrangements that are commensurate with the nature, scale and complexity of its business.
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BCP Set C
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4 Aug 2025
BCP Exam Question:Which of the following is a method to use such that a risk and its potential financial consequences can be transferred to another party without the use of insurance?
a) Risk transfer
b) Risk pooling
c) Non-insurance transfer
d) Non-insurance pooling
