Free CIMA CIMAPRA17-BA1-1 Exam Actual Questions

The questions for CIMAPRA17-BA1-1 were last updated On Feb 19, 2025

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Question No. 1

A financial intermediary takes the small deposits of millions of savers and uses them to buy an issue of government (treasury) bills and bonds.

Identify from the list below the principle this illustrates:

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Correct Answer: B

Question No. 2

The use of hedging is to reduce or eliminate exposure to which of the following?

1. Credit risk

2. Economic risk

3. Transaction risk

4. Transition risk.

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Correct Answer: C

Question No. 3

If a country were to join a currency union (for example, the European single currency, the Euro), its businesses would experience all of the following except which one?

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Correct Answer: D

Question No. 4

Which of the following will result in an increase in demand for domestic currency?

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Correct Answer: B

Question No. 5

In a system of freely floating exchange rates the central bank and government will

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Correct Answer: A