FMRP Set 4
SGD 29.90
2 July 2020
FMRP Exam Question
Which of the following is NOT true regarding Asian Currency Unit (ACU)?
a) It has to maintain its own separate accounting.
b) Total assets/liabilities shall not exceed the limit fixed by MAS.
c) Letters of Credit must be expressed in SGD.
d) Borrowing can be done in any currency except SGD.
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FMRP Set 1
SGD 29.90 Add to cart2 July 2020
FMRP Exam Question
Which of the following describes the situation whereby an employee executes a personal trade in advance of a client’s or institutional order to benefit from an anticipated movement in the market price following the execution of a large trade?
a) Front riding.
b) Back running.
c) Overriding.
d) Front running.
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M1A Set 1
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CMFAS M1A Exam Question
A contract made on SGX-ST can be cancelled only if:
a) delivery fails
b) payment is not made on delivery
c) the share registrar refuses to register a transfer
d) the CMS licence holders to an error trade have agreed to the cancellation
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M1B Set 1
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CMFAS M1B Exam Question
A Representative must not directly or indirectly deal in securities which involve no change of beneficial ownership. The Representative’s only defence is if he or she can show that they had no reason to suspect that the transaction was a:
a) swap sale
b) wash sale
c) trade sale
d) time sale
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M1A Set 2
SGD 29.90 Add to cart2 July 2020
CMFAS M1A Exam Question
The expense ratio refers to the ongoing costs of operating a fund by fund managers expressed as a percentage of the fund's:
a) average net assets
b) total net assets
c) average return on investment
d) total return on investment
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M1B Set 2
SGD 29.90 Add to cart2 July 2020
CMFAS M1B Exam Question
Which of the following goods and services qualify as acceptable soft dollar receipts?
a) Premises expenses
b) Employees' salaries.
c) Direct money payment.
d) Referral fees under a referral agreement.
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HI Exam Question
What is the Final Expense Benefit of a medical insurance policy?
a) A benefit to waive the last payment of a hospital bill.
b) A waiver of the deductible and co-insurance should death occur to the insured.
c) A fixed amount of cash benefit given to the insured post-hospitalisation.
d) A waiver of the medical expenses should treatment not cost more than a certain amount.
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HI Exam Question
The maximum period for which disability payouts are payable to the insured in respect of one disability period is known as the:
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d) disability period
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M9 Set 1
SGD 29.90 Add to cart2 July 2020
CMFAS M9 Exam Question
Which of the following should be performed if one intends to retain the full financial responsibility of a risk?
a) Buying insurance.
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c) Setting aside adequate emergency funds.
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