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GARP

FRM Part 1 Practice Questions — Free AI Quiz

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Exam domains covered

Foundations of Risk Management
Quantitative Analysis
Financial Markets & Products
Valuation & Risk Models

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FRM Part 1 — Common Questions

What does the FRM Part 1 exam cover?

Four topics: Foundations of Risk Management (20%), Quantitative Analysis (20%), Financial Markets & Products (30%), and Valuation & Risk Models (30%).

How many questions are on the FRM Part 1?

100 multiple choice questions in a 4-hour time limit. GARP does not publish a numeric passing score — they use a pass/fail system with percentile rankings provided.

Do I need to pass Part 1 before Part 2?

Yes. You must pass Part 1 before sitting Part 2. Both parts are offered in May and November. After passing both, you need 2 years of relevant work experience to earn the FRM designation.

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