Free online practice test
Quantitative Analysis Full Mock Test 1
FRM · FRM (Financial Risk Manager)
Syllabus-checked original practice
Mapped to the official Part I: Quantitative Analysis syllabus and answer-checked on 15 August 2026.
View official syllabus sourceScoring note: No negative marking. Raw score out of 20 shown here; the official exam reports only a pass/fail result, not a numeric score.
Before you begin
- 1This full-length mock contains 20 original questions across 2 Part I: Quantitative Analysis sections.
- 2Each wrong answer deducts marks using the scoring rule shown above. Unattempted questions score zero.
- 3You can mark a question for review and come back to it later using the question palette.
- 4The timer starts as soon as you click "Start test" and the test auto-submits when time runs out.
- 5You can review your answers and explanations for every question immediately after submitting.
About this FRM Part I: Quantitative Analysis mock test
This free mock contains 20 original practice questions mapped to the FRM Part I: Quantitative Analysis syllabus and pattern. Every checked answer includes an explanation and a source record.
What the test covers
Probability and Distributions
10 questions
Regression and Estimation
10 questions
Scoring and result analysis
Correct answers earn 1 mark and wrong answers deduct 0 marks. Unattempted questions score zero. After submitting, you receive section-wise and topic-wise accuracy, time spent, answer explanations, and source links.
Frequently asked questions
Is this an official GARP question paper?
No. It is an independent practice mock containing original questions mapped to the official FRM Part I Quantitative Analysis syllabus.
Why does this mock cover only Quantitative Analysis, not the whole FRM Part I exam?
Quantitative Analysis is the one Part I topic area built entirely from probability, statistics, and regression, so every answer is independently checkable by calculation. The other three topic areas, and every Part II topic area, require accurate recall of risk-management methodology, regulatory frameworks, and market practice, which this site is intentionally reserving for its standard content-review process.
How is the FRM exam actually scored?
GARP does not disclose a numeric score or exact passing threshold. Both FRM exams are reported as pass or fail only, with quartile feedback (1st being the top quartile, 4th the bottom) for each topic area so you can see your relative strengths and weaknesses.
Is there negative marking on the FRM exam?
No. There is no penalty for a wrong or unattempted answer, so it is always worth attempting every question.