Free Trial – M5 – Mock Exam 1
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Question 1 of 5
1. Question
An insurer does not need to apply to MAS for approval on which of the new product they are
thinking of launching?CorrectIncorrect -
Question 2 of 5
2. Question
The Monetary Authority of Singapore adopts a _____________ approach in dealing with the
Conduct Of Business For Execution-Related Advise under Guideline No: FAA-G08?CorrectIncorrect -
Question 3 of 5
3. Question
Where the risk of money laundering and terrorist financing are low, a financial adviser may
perform Simple Customer Due Diligence (SCDD) measures. Which of the following is not
true?.CorrectIncorrect -
Question 4 of 5
4. Question
John wants to buy a landed property and a policy with a life cover that can provides a return
15 years later to pay for the property down payment. Which is the most suitable policy?
Capital Risk : High
Profile Risk : HighCorrectIncorrect -
Question 5 of 5
5. Question
Which disciplinary action taken by a financial adviser is false, in respect of any misconduct
committed by its representatives under Notice NO:FAA-N13?CorrectIncorrect