FRM Mock Test 2026

Probability and Distributions · Regression and Estimation. Negative marking: 0 per wrong answer. Single composite 48-minute timer for both topic areas combined: no sectional lock.

The official FRM Part I exam has 100 equally weighted, 4-option multiple-choice questions in 4 hours, across four topic areas: Foundations of Risk Management, Quantitative Analysis, Financial Markets and Products, and Valuation and Risk Models. Quantitative Analysis carries roughly 20% weight, about 20 of the 100 questions. This mock covers only Quantitative Analysis, the one Part I topic area built entirely from probability, statistics, and regression, so every answer is independently checkable by calculation. The other three Part I topic areas, and every Part II topic area (Market Risk, Credit Risk, Operational Risk, Liquidity and Treasury Risk, Risk Management and Investment Management, and Current Issues in Financial Markets), require accurate recall of risk-management methodology, regulatory frameworks, and market practice, which this site is intentionally reserving for its standard content-review process rather than self-authoring. This mock matches Quantitative Analysis's approximate official question share (20 questions) with a proportional 48-minute duration estimate, since the topic areas are not timed separately in the official exam. There is no negative marking. This mock shows a raw score; the official exam reports only a pass/fail result with quartile-based topic feedback, not a numeric score.