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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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PGI Set A
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3 Apr 2025
PGI Exam Question:Which of the following statements regarding Blanket Coverage is FALSE?
a) The insurer will pay the amount required to repair or replace the article less depreciation
b) The insurer will not pay more than the amount of blanket coverage in the category
c) The insurer will not pay more than the amount of blanket limit per item for loss to any one article
d) The insurer will pay the insured in cash the replacement cost of the article if mutually agreed upon
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M1B (Set 2)
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3 Apr 2025
CMFAS M1B Exam Question:Which stage of the money laundering process refers to the creation of financial transactions designed to disguise the audit trail of money laundering?
a) Placement stage
b) Layering stage
c) Integration stage
d) Transfer stage
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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.
