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CFA Level I Exam is the first of three exams offered by the CFA (Chartered Financial Analyst) Institute. The CFA designation is one of the most prestigious and globally-recognized certifications in the finance industry. The CFA Level I Exam is designed to test candidates on their understanding of fundamental concepts in finance, economics, and investment analysis.

Reference: https://www.cfainstitute.org/programs/cfa-program/candidate-resources/level-i-exam

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CFA-Level-I exam is a computer-based test that is offered twice a year, in June and December. CFA-Level-I exam consists of multiple-choice questions, with each question having three possible answers. The CFA Institute uses a computer-adaptive testing (CAT) system, which means that the difficulty of the questions adapts to the candidate's performance. Candidates must score at least 70% to pass the exam.

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