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CeMAP 1 – Free Mock

CeMAP 1 – Free Mock

At Clarity FT we offer access to our Free Mocks for CeMAP 1 and 2, FSRE and CeRER as a sampler. If you want access to over 3,500 multiple choice questions with detailed answers try our “Mock Quiz Expert”  site. We add new questions on a regular basis and they are updated to reflect each current LIBF syllabus.  Only £25.00 (Click here).

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CeMAP 1 - Free mock

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Cemap 1 free mocks

CeMAP 1 - Free Mock

CeMAP 1 - Introduction to the Financial Services Environment and Products and UK regulation. CeMAP 1 is assessed as a two hour online multiple choice exam with 100 questions. The pass mark is 70%.

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1 / 10

1. If a client entered a 50% home reversion and down sized. What percentage of the difference in value would the Home reversion provider receive?

2 / 10

2. The UK has implemented an inflationary budget, what does this imply?

3 / 10

3. The Financial Ombudsman Scheme has rejected Marvin’s claim regarding negligence in respect to his private pension. What other course of action, if any, can Marvin follow?

4 / 10

4. Which type of mortgage scheme would help someone on a low income become an owner-occupier?

5 / 10

5. What is the FCA’s reasoning behind the senior manager’s regime and implementing a responsibilities map for senior managers?

6 / 10

6. If two people own a property as joint tenants and one dies, the property will automatically:

7 / 10

7. Under the Insurance Conduct of Business rules, a customer has cancellation rights. For home contents insurance the cancellation period is:

8 / 10

8. What happens to an individual’s unvested Personal pension Plan (PPP) if they died at 65 years of age?

9 / 10

9. Steve deliberately leaked an incorrect story that his bank was sustaining significant losses due to credit problems, he then made a profit through dealing. This is an example of what?

10 / 10

10. A customer ended his relationship with a lender 2 years ago. For a minimum of how many more months should the evidence of identification be retained by the lender?

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