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FSRE – Free Mock

FSRE – 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 2,500 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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FSRE - Free mock

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FSRE free mocks

FSRE - Free Mock

FSRE - Financial Services, Regulation and Ethics. FSRE is assessed as a two hour online multiple choice exam with 80 questions split into 2 units. The pass mark is 70%. 

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1 / 10

1. Up to what percentage of their liabilities may building societies raise funds on the wholesale markets?

2 / 10

2. Which of the following is a financial priority for a young family?

3 / 10

3. Brandon has taken out a 5 year fixed rate deposit. Which of the following would be the biggest risk to him in the short term?

4 / 10

4. Lucia is a basic rate taxpayer and has a fixed interest unit trust from which she receives income of £2,000 per annum. How much tax will she have to pay, if any?

5 / 10

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

6 / 10

6. How can a person’s capacity for loss be described?

7 / 10

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

8 / 10

8. 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?

9 / 10

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

10 / 10

10. Which of the following is not a statutory objective of the Financial Conduct Authority?

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