M6 (Set 1)
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4 Feb 2026
CMFAS M6 Mock Question:
Which of the following types of equity securities has the lowest risk?
a) Ordinary shares
b) Non-ordinary shares
c) Non-voting shares
d) Preference shares
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M6 (Set 2)
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4 Feb 2026
CMFAS M6 Mock 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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FMRP (Set 1)
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4 Feb 2026
FMRP Mock Question:Which of the following statements is FALSE regarding rollovers of foreign exchange transactions at off-market rates?
a) Maturing forward contracts can be extended or rollover-ed.
b) The current market spot rate should be used to liquidate the maturing contract and used as a base from which the new forward rate is derived.
c) The use of off-market rates is strongly discouraged.
d) Deals done at off-market rates may be used as a means to conceal profit or loss, or to perpetuate a fraud.
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PGI Set A
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4 Feb 2026
PGI Mock 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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BCP Set A
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4 Feb 2026
BCP Mock Question:Which of the following statements about ‘common law’ is NOT TRUE?
a) It is sometimes called ‘unwritten law’.
b) It consists of generally accepted rules and requirements that a civilized society will consider automatic.
c) It can be modified or abolished by statute law.
d) It cannot be modified by the mutual agreement of parties to a contract.
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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.
