CFA 2026 Level I Portfolio Management Portfolio Risk Free Quiz 1

Navigation Menu

Public Sector Private Sector Admissions in Punjab Admissions in KPK Admissions in Sindh Admissions in Balochistan Admissions in AJK

Public Sector Private Sector Universities in Punjab Universities in KPK Universities in Sindh Universities in Balochistan Universities in AJK

Public Sector Private Sector Semi-Govt (NUMS)

Scholarships in USA Scholarships in UK Scholarships in Canada Scholarships in Australia Scholarships in Europe Scholarships in Asia Scholarships in Africa

Full Length Papers Cadet Colleges Test ECAT FAST GIKI HAT General HAT Subject HEC ETC HEC LAT ISSB Initial Tests Join PAF Join Pak Navy KMU CAT MDCAT NCAT NTS NTS GAT General NTS GAT Subject NUST NET PU AHS PU COM PU CSS PU E PU GS PU M SZABMU AHS

ACT GMAT GRE General GRE Subject IELTS OET SAT TOEFL

CFA

MCAT

About Us Contact Us Disclaimer Privacy Policy Admin Login

PAK PakAdmissions

Home |

Admissions

Public Sector Private Sector Admissions in Punjab Admissions in KPK Admissions in Sindh Admissions in Balochistan Admissions in AJK

|

Public Sector Private Sector Universities in Punjab Universities in KPK Universities in Sindh Universities in Balochistan Universities in AJK

|

Public Sector Private Sector Semi-Govt (NUMS)

|

Scholarships in USA Scholarships in UK Scholarships in Canada Scholarships in Australia Scholarships in Europe Scholarships in Asia Scholarships in Africa

|

Full Length Papers Cadet Colleges Test ECAT FAST GIKI HAT General HAT Subject HEC ETC HEC LAT ISSB Initial Tests Join PAF Join Pak Navy KMU CAT MDCAT NCAT NTS NTS GAT General NTS GAT Subject NUST NET PU AHS PU COM PU CSS PU E PU GS PU M SZABMU AHS

|

International Tests

ACT GMAT GRE General GRE Subject IELTS OET SAT TOEFL

|

Professional Exam Quiz

CFA

|

Other Quiz

MCAT

| News | Blog

CFA 2026 Level I Portfolio Management Portfolio Risk Free Quiz 1

CFA Quiz

10:00

Answered: 0 / 10

Remaining: 10

Navigator 10 Q

General

CFA 2026 Level I Portfolio Management Portfolio Risk Free Quiz 1

Practice CFA 2026 Level I Portfolio Management MCQs from Portfolio Risk. Get instant results with Explanation.

General10 MCQs

1. How is portfolio risk typically measured?

A. Standard deviation or variance of portfolio returns.B. Downside deviation.C. Sharpe ratio.D. Covariance between assets.

2. What is the formula for the variance of a two-asset portfolio?

A. w1^2*σ1^2 + w2^2*σ2^2B. w1^2*σ1^2 + w2^2*σ2^2 + 2*w1*w2*Cov(1,2)C. w1^2*σ1^2 + w2^2*σ2^2 - 2*w1*w2*Cov(1,2)D. w1^2*σ1^2 + w2^2*σ2^2 + 2*w1*w2*ρ(1,2)

3. What is the relationship between covariance and correlation?

A. Cov(1,2) = ρ(1,2) + σ1 * σ2B. Cov(1,2) = ρ(1,2) * σ1 / σ2C. Cov(1,2) = ρ(1,2) * σ1 * σ2D. Cov(1,2) = ρ(1,2) + σ1 + σ2

4. What is the range of the correlation coefficient?

A. 0 to 1B. -∞ to +∞C. 0 to ∞D. -1 to +1

5. What does a correlation of +1 imply for portfolio diversification?

A. No diversification benefitB. Maximum diversification benefitC. Moderate diversification benefitD. No correlation

General10 MCQs

6. What does a correlation of -1 imply for portfolio diversification?

A. No diversification benefitB. Maximum diversification (can create a risk-free portfolio)C. Moderate diversificationD. No risk reduction

7. What is the difference between systematic and unsystematic risk?

A. Both can be eliminated.B. Systematic risk can be eliminated; unsystematic cannot.C. Unsystematic risk can be eliminated; systematic cannot.D. Neither can be eliminated.

8. What measure captures the systematic risk of a stock?

A. Standard deviationB. CorrelationC. Unsystematic riskD. Beta

9. What does a beta of 1.5 indicate?

A. 1.5% for every 1% market moveB. 0.5% for every 1% market moveC. -1.5% for every 1% market moveD. 0% for every 1% market move

10. What does a beta of 0 indicate?

A. 1B. 0C. -1D. 2

📋 CFA - Test Online Practice Quizzes

CFA

Conducting Body: CFA Institute

Frequency: 4 times a year (February, May, August, November) | Time: 135 Minutes

Negative Marking: No

⚡ Test Pattern (Total: 90 MCQs):

Alternative Investments: 8 MCQs
Corporate Issuers: 7 MCQs
Derivatives: 5 MCQs
Economics: 7 MCQs
Equity Investments: 12 MCQs
Ethics: 16 MCQs
Financial Statement Analysis: 11 MCQs
Fixed Income: 11 MCQs
Portfolio Management: 9 MCQs
Quant Methods: 6 MCQs

Merit Formula: -

Practice CFA MCQs

Quick Links

Latest Admissions

CMH Lahore Medical College & Institute of Dentistry (CMH-LMC / LID)

Khyber Medical University Peshawar (KMU)

International Scholarships

Alfalah Scholarship Scheme 2026 Monthly Financial Aid for Pakistani Students

AJK Fully Funded Pakistan Scholarship 2026 Program

Popular Medical Colleges

M. Islam Medical College (MIMDC)

Khyber Girls Medical College Peshawar (KGMC)

CIMS Dental College Multan (CIMS-D)

Popular Universities

Muhammad Medical College (MMC-MPK)

Central Parks Medical College Lahore (CPMC)

University of Balochistan Qila Saifullah Campus (UOB)

MBBS Seats Closing Merit Aggt Calculator

Home All Quizzes Medical Colleges

Advertisement

Full Length Practice Test

Advertisement

Advertisement

"Daily Updates"

Scholarships

🇵🇰 Pakistan's Scholarships 🇺🇸 USA's Scholarships 🇬🇧 UK's Scholarships 🇨🇦 Canada's Scholarships 🇨🇳 China's Scholarships 🇸🇦 Saudi Arabia's Scholarships 🇦🇪 UAE's Scholarships 🇲🇾 Malaysia's Scholarships 🇪🇺 Europe's Scholarships 🇰🇷 South Korea's Scholarships 🇦🇺 Australia's Scholarships 🇩🇪 Germany's Scholarships 🇫🇷 France's Scholarships 🇯🇵 Japan's Scholarships 🇸🇬 Singapore's Scholarships 🇶🇦 Qatar's Scholarships 🇹🇷 Turkey's Scholarships 🇮🇹 Italy's Scholarships 🇪🇸 Spain's Scholarships 🇳🇱 Netherlands's Scholarships 🇸🇪 Sweden's Scholarships 🇨🇭 Switzerland's Scholarships 🇮🇪 Ireland's Scholarships 🇳🇿 New Zealand's Scholarships 🇿🇦 South Africa's Scholarships 🇪🇬 Egypt's Scholarships 🇰🇪 Kenya's Scholarships 🇧🇷 Brazil's Scholarships 🇦🇷 Argentina's Scholarships 🇲🇽 Mexico's Scholarships 🇮🇳 India's Scholarships

Entry Tests Preparation

Free Online Quiz

Practice Test Data Insights Quantitative Reasoning Verbal Reasoning

NTS GAT General

Aptitude Test Analytical Reasoning Quantitative Reasoning Verbal Reasoning English

NTS GAT General FLP 1 NTS GAT General FLP 2

Academic Test Verbal Int Test Chemistry Eng Mathematics Physics

Entry Test Accounting Commerce Economics English Quantitative Reasoning

View All Tests →

Advertisement

AN Global Education

International Entry Tests

MCAT SAT TOEFL GRE General OET

View All International Tests →

Follow Us

Facebook YouTube WhatsApp Instagram

Stay updated with latest news & updates

Aggregate Calculator

Calculate your MDCAT aggregate for MBBS admissions

Calculate Now →

© 2026 Pak Admissions. All Rights Reserved.

About Us Contact Us Disclaimer Privacy Policy Admin Login