Download the mock exam pack
Submit your details once to unlock the PDFs. Sit the question booklet timed first; open the answer key only when you are ready to mark and review.
Question Booklet
Candidate fields, instructions, paper structure table and 80 MCQs with four options each. Mark answers on the OMR sheet at the back.
Answer Key & Solutions
Quick answer key for Q1–Q80, score-by-topic sheet, and detailed solutions — treat the mock as a diagnostic and re-read every miss.
Paper structure — Part II topic weights
Weights and question counts match the booklet’s paper-structure table.
| # | Topic | Questions | Weight |
|---|---|---|---|
| 1 | Market Risk Measurement & Management | 1–16 (16 Qs) | 20% |
| 2 | Credit Risk Measurement & Management | 17–32 (16 Qs) | 20% |
| 3 | Operational Risk & Resilience | 33–48 (16 Qs) | 20% |
| 4 | Liquidity & Treasury Risk Measurement & Management | 49–60 (12 Qs) | 15% |
| 5 | Risk Management & Investment Management | 61–72 (12 Qs) | 15% |
| 6 | Current Issues in Financial Markets | 73–80 (8 Qs) | 10% |
How to sit this mock
Follow the invigilator-style instructions printed in the question booklet.
- Format: 80 MCQs, four options, exactly one correct answer. Equal marks; no penalty for wrong answers.
- Time: 4 hours — about 3 minutes per question. Attempt every question.
- Answer sheet: Mark on the OMR sheet at the back; use margins for rough work.
- Calculator: Only a GARP-permitted financial calculator.
- Review: Use the answer key’s score-by-topic table. Under 60% in a topic → revisit formula book / notes and doubt sessions.
What is inside this FRM Part II mock?
The question booklet is branded for RBei Classes (CFA · FRM coaching · Noida) and opens with candidate name / student ID fields, six numbered instructions and the full topic-weight table. Market Risk questions begin with applied Indian-market vignettes — for example lognormal VaR for an equity book, QQ-plot tail diagnosis, volatility-weighted historical simulation, peaks-over-threshold expected shortfall, and GEV vs POT for joint extremes.
The answer key opens with a quick answer grid for all 80 questions and a score-by-topic table, then detailed solutions topic by topic. Original questions written for RBei students. FRM® and GARP® are trademarks of the Global Association of Risk Professionals, which does not endorse RBei Classes or this mock.
Mentored by Deepak Goyal, CFA & FRM. Pair this pack with the FRM Part 2 syllabus when you plan revision.
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 2 mock exam — FAQs
Ready for a 4-hour Part II sit?
Download the question booklet, sit timed, then mark with the answer key.