Finance
FRM Part I Practice Questions
Practice questions with full rationales, sized to the published domain weights
Read it already? Leave an honest review on Amazon. Two lines on what you used it for and whether it worked.
Not sure you need it? Test yourself first: a free 10-question FRM Part I quiz.
215 pagesPaperback and Kindle
The distribution mirrors the domain weights the exam board publishes, so your percentage tells you something an evenly spread set cannot. Every question was written from the published blueprint and the published sources.
What does the FRM Part I Practice Questions cover?
- 202 questions, weighted to the blueprint
- The rationale is the product
- The answer letters are spread on purpose
Which free guides go with this book?
- Starting the FRM: who sits Part I and what it opensWho sits GARP's FRM Part I: the students, analysts and career changers it suits, why it has no prerequisites, how its four areas lead into Part II, and the rules.
- What should you ask in an FRM Part I interview, and how should candidates answer?FRM Part I interview questions for employers, recruiters and HR, what a strong answer covers, and how candidates should prepare.
- What does the FRM Part I exam cover, on one page?A one-page FRM Part I mind map of every exam domain with a mnemonic. Free printable PDF, Markdown for Obsidian and an embeddable PNG.
- Can you pass this 10-question FRM Part I quiz?A 10-question FRM Part I quiz for your phone: multiple choice, instant answers, each one sourced. Share your score; free Anki flashcards.
- What is on the GARP FRM Part I exam?The GARP FRM Part I exam: 100 questions in four hours, pass or fail, the 2026 topic weights, approved calculators, May 2027 registration dates and fees.
How long is the FRM Part I Practice Questions?
215 pages. Paperback and Kindle.
Which Credential Press line is it part of?
Part of the Finance line. FRM Part I and Part II: study guides and practice questions for GARP's Financial Risk Manager exams.
What else is in the Finance line?
- FRM Part I Exam Guide, Financial Risk Manager
- FRM Part II Exam Guide, A study companion for the GARP Financial Risk Manager Exam Part II
- FRM Part II Practice Questions, Practice questions with full rationales, sized to the published domain weights
Questions readers ask about the FRM Part I Practice Questions
Which exam are these questions for, and are they current?
The GARP Financial Risk Manager Exam Part I, to GARP's 2026 FRM Study Guide, checked against GARP's published copy on 25 August 2026.
How many FRM practice questions are in it?
202, in four parts, one for each area of the exam. The percentages are GARP's. The counts are this book's, set in line with them, because GARP does not publish how many questions come from each area.
What does an FRM Part 1 rationale show me?
Why the right answer is right and why the tempting wrong options fail. For a USD 10 million portfolio with a 2 percent daily standard deviation, 1.645 times 0.02 times USD 10 million gives a 95 percent VaR of USD 329,000.
Is this an FRM question bank or a mock exam?
A question bank, organized by area rather than as 100-question papers, so you can drill the areas where you lose marks. For a timed run, take 100 questions across the parts and allow 4 hours, the real exam's time.
What score should I aim for?
GARP publishes no pass mark. If you have seen a percentage, it is a pass rate for one sitting, not a threshold. Track the areas you keep losing instead.
How is the real exam delivered?
Multiple choice, by computer-based testing, in May, August and November. Results reach the candidate portal within eight weeks of the window closing.
Are these real exam questions?
No. Every one was written for this book and checked a second time by a different reader. A book that reprints real items is either lying about them or breaching GARP's terms.
What happens after I pass Part I?
You have four years from that date to pass Part II. Certification then needs two years of relevant full-time experience, submitted within 10 years of sitting Part II.
Do the weights change each year?
They can. GARP reviews its topics and their weightings every year, so check the edition before you study. This one covers the 2026 Study Guide.
Do I need the GARP FRM Part I Exam Guide too?
It sells separately and it is not a GARP product. Every question here is answerable from it, and it teaches the areas these questions test in 13 chapters.
Where does this fit in my FRM exam prep?
Work a whole section without looking. Mark it. Then read every rationale, including the ones you got right, because a right answer for the wrong reason is the failure this book exists to catch.
Is FRM Part I Practice Questions on sale yet?
Yes. It is on sale on Amazon in paperback and Kindle editions.
How long is it?
215 pages. Paperback and Kindle.
Who is it for?
Anyone preparing for the examination it covers, and the trainers and librarians supporting them. It assumes you are a working professional paying for the exam yourself and studying in the evenings.
What is it written from?
GARP's own published blueprint, and the primary text of the law, standard or framework the exam tests. Not from a summary, not from another preparation book, and not from a model's memory. Each source is listed at the back with the date it was checked.
How is it weighted?
By the exam board's own published blueprint. A domain that carries more of the exam gets more of the book, so you can see where the marks are before deciding where your evenings go.
Will it tell me the pass rate?
Not as a promise. GARP publishes a pass rate for each sitting on its FRM Program and Exams page: for November 2025, 47% for Part I and 50% for Part II (read 2 October 2026). That describes a past sitting. GARP publishes no pass mark and reports results as pass or fail.
Is it a substitute for the standard or the law?
No. Where the exam tests a paid standard, you will need your own licensed copy, and the book says so rather than pretending otherwise. Where the law is public, the book teaches from its own text and cites it.
Is Credential Press independent of GARP?
Yes, and that cuts both ways. Credential Press is an imprint of Verity AI Ltd. It has no affiliation with GARP, no sponsorship from it and no endorsement by it, and it has no inside knowledge of the exam either. Trademarks are used only to identify the examination the book prepares you for.
What happens if you get something wrong?
Send the chapter, the edition date and the source that contradicts us to hello@credentialpress.com. Confirmed corrections go into the next revision and the edition date moves forward, so readers can tell which one they have.
Can trainers, teams and libraries buy copies?
Yes, through Amazon: the book page links to its Amazon listing. We do not sell direct, offer bulk discounts or send free desk copies. Individual readers can ask for a free reader copy on the free copies page; we ask once for an honest review, and nothing depends on it. Buying for a team? See credentialpress.com/teams.