RES 2A (Set 2)
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4 Feb 2026
CMFAS RES 2A Mock Question:
The difference between the expected price of a trade and the actual price at which the trade is executed is known as:
a) differential.
b) slippage.
c) spread.
d) price discrepancy.
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RES 2A (Set 1)
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4 Feb 2026
CMFAS RES 2A Mock Question:In order to qualify for Negotiated Large Trades (NLTs), the minimum volume threshold must be met for:
a) at least one of the legs of the futures contract.
b) at least 50% of the legs of the futures contract.
c) at least 80% of the legs of the futures contract.
d) all legs of the futures contract.
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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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M3 (Set 1)
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4 Feb 2026
CMFAS M3 Mock Question:An individual who is engaged in central dealing for funds managed by related entities of a Licensed Fund Managed Company (LFMC) can be any of the following types of representatives except:
a) appointed representatives
b) external representatives
c) provisional representatives
d) temporary representatives
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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.
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M8, M8A, CGI Set A, CGI Set B
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