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CeMAP 1 – Free Mock

CeMAP 1 – Free Mock

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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%. Try our free taster mock.

1 / 10

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

2 / 10

2. Which of the following job applicants is least likely to meet the FCA ‘fit and proper’ requirements?

3 / 10

3. Jenna left a non-MiFID firm in June 2022, where she offered investment advice. When is the earliest the firm is permitted to destroy her training and competence records?

4 / 10

4. Which of the following is regarded as a short term, secured primary market?

5 / 10

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

6 / 10

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

7 / 10

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

8 / 10

8. 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?

9 / 10

9. 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?

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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