Download the mock exam pack
Submit your details once to unlock the PDFs. Sit the question paper timed; use the solutions PDF only after you finish scoring.
Question Paper
Instructions, paper structure, four topic sections and the full 100-question paper with answer sheet / score analysis guidance.
Mock with Full Solutions
Same paper with worked solutions — use after your timed attempt to diagnose Foundations, Quant, Markets and Valuation gaps.
Paper structure — GARP Part I weights
Suggested timing matches the booklet (2.4 minutes per question on average).
| # | Topic | Questions | Suggested time |
|---|---|---|---|
| 1 | Foundations of Risk Management | 1–20 | 48 min |
| 2 | Quantitative Analysis | 21–40 | 48 min |
| 3 | Financial Markets & Products | 41–70 | 72 min |
| 4 | Valuation & Risk Models | 71–100 | 72 min |
How to sit this mock
Sit the whole paper in one go, with no breaks and no notes — same discipline as exam day.
- Time: 4 hours (240 minutes) for 100 questions — about 2.4 minutes each.
- Answers: One best answer per question. One mark if correct; no negative marking.
- Calculators: TI BA II Plus (or Professional), HP 12C family, HP 10B II, HP 10BII+, HP 20B only.
- Marking: Use the answer sheet at the end of Part A, then fill the score analysis table.
- Review: Open the solutions PDF only after scoring; recompute every numerical miss.
What is inside this FRM Part I mock?
The question paper is labelled FRM® Part I · Full-length practice · Mock Exam 1. Instructions cover timing, calculator policy and the hard-level scoring target. Section 1 opens with Foundations of Risk Management (readings 1–11, questions 1–20) — including tools for measuring risk, RAROC / economic capital spreads, risk mapping, hedging programme design, Basel / crisis context, CDS advantages, loan syndication and minimum-variance portfolios.
Original practice questions written by RBei Classes from the GARP FRM Part I curriculum (and commonly used notes such as Schweser). Calculations were recomputed independently and reviewed by a second checker. Indian examples are context, not curriculum.
GARP® and FRM® are trademarks of the Global Association of Risk Professionals, which does not endorse this material. Mentored by Deepak Goyal, CFA & FRM.
About the instructor
Deepak Goyal, CFA & FRM
Founder of RBei Classes (2018). Every CFA and FRM batch is taught personally by Deepak Goyal — 17,000+ students across 25+ countries. These mock questions follow the classroom method: concept → calculation drill → exam traps → review with solutions. YouTube: @rbei7928 · WhatsApp: +91 85839 05853.
FRM Part 1 mock exam — FAQs
Ready for a 4-hour Part I sit?
Download both PDFs — question paper first, solutions after you score.