SCI Health Insurance Set 1 (PDF)
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Which of the following should be performed if one intends to retain the full financial responsibility of a risk?
a) Buying insurance.
b) Selling insurance.
c) Setting aside adequate emergency funds.
d) Implementing preventive measures.
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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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M6A Set 2
SGD 29.90 Add to cart2 July 2020
CMFAS M6A Exam Question
Which of the following statements regarding futures is false?
a) Futures are traded in contracts.
b) Each futures contract has a standard size which is set by the futures exchange it trades on.
c) Not all futures have an underlying asset.
d) Some futures require delivery of the actual commodity.
