Question 1
Which UK body is the prudential regulator responsible for the safety and soundness of banks, building societies, credit unions and large insurers?
Correct Answer:
The Prudential Regulation Authority (PRA)
Question 2
From 1 December 2025, what is the FSCS deposit protection limit per eligible depositor, per authorised institution?
Correct Answer:
£120,000
Question 3
A consumer is dissatisfied with how a regulated firm handled their complaint. Which body provides a free, independent service to resolve the dispute without going to court?
Correct Answer:
The Financial Ombudsman Service
Question 4
Which institution sets the UK base interest rate and is responsible for monetary policy and financial stability?
Correct Answer:
The Bank of England
Question 5
A mutual organisation owned by its members and traditionally focused on savings and mortgage lending best describes a:
Correct Answer:
Building society
Question 1
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About this Exam

Prepare with the CeMAP Module 1 Practice Questions - CeMAP Module 1 (Financial Services, Regulation and Ethics) Exam practice quiz. This question bank includes 100 questions covering financial, firm, adviser, pension, and client. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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CeMAP Module 1 Practice Questions - CeMAP Module 1 (Financial Services, Regulation and Ethics) Exam

This practice set contains 100 questions from the matching question bank and focuses on financial, firm, adviser, pension, and client. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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