What types of exam questions will be used in the IBF Examinations?

There are three types of questions:

Multiple Choice Questions (MCQs) – These questions will have only 1 correct answer. Each question carries 1 mark.

Multiple Response Questions (MRS) – These questions have multiple (between 2-4) correct answers. All correct answers must be selected to score 1 mark. Otherwise no marks will be awarded.

Case Study Questions – These questions are used in the Product Knowledge exams (e.g. CMFAS M6, M6A, CACS Paper 2, CBCE Paper 1). The questions will consist of a case scenario and 3-4 related MCQ questions. Each MCQ question carries 1 mark.