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  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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  M6A (Set 1)

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  4 Feb 2026
  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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  M6A (Corporate Package)

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  M3 (Set 2)

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  4 Feb 2026
  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.