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PRM Legacy Practice Exam 1
The PRM consists of 2 exams; this is the practice exam for PRM Exam 1 for previous to the mid-2024 update.
PRM Exam 1 reviews the more theoretical side of risk management. It consists of 60 questions asked over a period of 4 hours.
This exam assesses knowledge of the domains related to finance theory, instruments, markets, and the application of mathematical foundations of risk measurement.
In more detail, the exam questions are broken down into the following sections:
Finance Theory: 17 questions
Financial Instruments 14 questions
Financial Markets 16 questions
Mathematical Foundations of 13 questions
The exams are 100% multiple choice test questions with four options, where only one option is the intended correct answer.
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