SCI Health Insurance Set 1 (PDF)
SGD 29.90
Related products
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M6A Set 1
SGD 29.90 Add to cart2 July 2020
CMFAS M6A Exam Question
Which of the following statements is NOT true regarding foreign exchange swap agreements?
a) It is a contract in which one party borrows one currency from one party and simultaneously lends another currency to another party.
b) Each party uses the repayment obligation to its counterparty as collateral and the amount of repayment is fixed at the foreign exchange forward rate as determined by the contract.
c) Foreign exchange swaps can eliminate foreign exchange rate risks.
d) Foreign exchange swaps have counter-party risks.
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M3 Set 2
SGD 29.90 Add to cart2 July 2020
CMFAS M3 Exam Question
Which of the following statements regarding a Fund Management Company (FMC) is false?
a) It cannot procure the services of entities in which its CEO has controlling interests.
b) It may invest into the fund using moneys belonging to its related entities or employees.
c) It may invest customer moneys into the securities of its related entities.
d) It should ensure that there is adequate disclosure to its customers in respect of each fund that it manages.
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M3 Set 1
SGD 29.90 Add to cart2 July 2020
CMFAS M3 Exam Question
An FMC conducting fund management activity should report which of the following as assets under the FMC’s non-discretionary management?
a) The moneys contracted to the investment manager in respect of which the FMC has an agreement to provide the fund management services.
b) The moneys and equity contracted to the investment manager in respect of which the FMC has an agreement to provide the fund management services.
c) The moneys and debt contracted to the investment manager in respect of which the FMC has an agreement to provide the fund management services.
d) The moneys and assets contracted to the investment manager in respect of which the FMC has an agreement to provide the fund management services.
