Free CIMA CIMAPRA17-BA1-1-ENG Exam Questions

Become CIMA Certified with updated CIMAPRA17-BA1-1-ENG exam questions and correct answers

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Total 471 Questions | Updated On: Apr 29, 2026

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Question 1

All of the following are functions of central banks except which one?

A : nker to the commercial banks

B : lder of the foreign exchange reserves

C : nker to the government

D : termination and conduct of fiscal policy

Answer: D

Question 2

PetsPlus Pic. has outsourced its marketing operations to the recently established marketing firm MarketMe. MarketMe has devised and distributed an online survey on behalf of PetsPlus Pic, asking customers to

evaluate the products they purchase from the company.

An example of a question from the survey is as follows:

'What do you think of PetsPlus's decision to outsource its marketing operations to a marketing firm?

Which of the following best describes why this question will not yield good information for PetsPlus?

A : levance

B : curacy

C : liability

D : t efficiency

Answer: A

Question 3

A research business compiles the following data for Country D over 8 years:

* Household expenditure, y (in millions of constant 20X6 dollars);

* The number of fixed broadband internet subscribers, x (in thousands).

Based on this information the following regression model is developed:

y = 332668 * 45.8x - 0 003x2

Which of the following statements is correct?

A : model is based on historical data, so it is of little use in making forecasts

B : 1 percent increase in the number of fixed broadband internet subscribers will lead to 0 3 percent increase in household final consumption expenditure.

C : non-linear relationship is suggested by the model between household final consumption expenditure and the number of fixed broadband internet subscribers.

D : model makes accurate forecasts on household final consumption expenditure in Country and therefore it should be widely applied to most countries and regions.

Answer: D

Question 4

All the following statements about small firms are correct except one. Which statement is incorrect?

A : all firms do not generally raise finance on the capital market

B : nks may refuse to lend to small firms because of the risk involved

C : all firms are common in industries which display increasing returns to scale

D : all firms are common in industries where there are niche markets

Answer: D

Question 5

When central banks adopt a policy of 'quantitative easing' this means that they:

A : ft quantitative restrictions on bank lending

B : wer the capital adequacy requirements for banks

C : y government bonds from the banks

D : the liquidity ratios banks need to hold

Answer: C

Page: 1 / 95

Total 471 Questions | Updated On: Apr 29, 2026

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