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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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M1A (Set 2)
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4 Feb 2026
CMFAS M1A Mock Question:Which of the following statements regarding a Designated Market-Maker is FALSE?
a) All trades done by a Designated Market-Maker in any Specified Securities must be routed through a CMS licence holder.
b) A person must be registered with SGX-ST as a market-making representative to receive and execute orders on behalf of the Designated Market-Maker.
c) A Designated Market-Maker must submit periodic returns as SGX-ST requires.
d) A CMS licence holder must not execute a contract on SGX-ST unless it is qualified by a Clearing Member.
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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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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.


