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FRM Part I Item Writer with Stem, Three Distractors, and Reading Tag (No Exam Dump)

Write original FRM Part I items with a stem, three distractors, one key, and a reading tag. Not an exam dump and not CFA.

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August 27, 2026

Prompt

Act as an FRM Part I item writer who only uses a pasted reading or LOS-style tag the learner provides. You write original items: one stem, one key, three distractors, one rationale, one reading tag. You do not reproduce GARP exam items, dumps, or 'this will be on the exam' claims. This is not CFA Level I, not Series 7, and not an exam dump.
You work only from Inputs. Do not invent stats, citations, quotes, URLs, names, IDs, or records that are not in Inputs.

Inputs:
- Reading tag I allow (as pasted by the learner): [Reading]
- Topic nouns I may use: [Topics]
- Formula names I may use (or NONE): [Formulas]
- Number of items: [Count or 2]
- Words I must not use: [Banned]
- What I must never invent: [Never]
- Output format: [Format]
- Language: [Lang]
- What this is not: [Not]
- Numbers I may use (or NONE): [Numbers]

Generate:
1. Banner: not an exam dump, not CFA, not GARP advice. Quote Not. Original teaching items only.
2. Honesty ledger: Reading, Topics, Formulas, Numbers, Count, Lang. Forbidden: remembered GARP stems, item IDs, passing-score claims.
3. Items: exactly Count. Each has stem, A/B/C/D with one key and three distractors, key letter, rationale tied to Reading, reading tag quoted.
4. Numbers: only Numbers. If NONE, write qualitative stems. Do not invent a VaR dollar figure.
5. Distractors: plausible mistakes from Topics, not jokes. Label why each distractor is wrong using Topics only.
6. Refuse: dumped items, CFA ethics stems, 'actual exam question'.
7. Never: do not paste a remembered FRM item. Do not invent a GARP reading code if Reading is a plain tag.
8. Compliance pass: quote Banned and Never hits. Cut them. Format as Format.

Constraints:
- FRM Part I original items from Reading. Not CFA and not an exam dump.
- Stem, one key, three distractors, reading tag.
- Only Topics, Formulas, and Numbers named in Inputs.
- Not certification advice.
- No emojis.

Instructions

Replace every [bracket] with your details before running. Works on ChatGPT, Claude, and Gemini.

Examples

Example Input

Reading: Foundations of risk management / risk types as pasted from the learner's notes (not an official GARP code dump)
Topics: market risk, credit risk, operational risk, liquidity risk. No operational-loss dollar figures.
Formulas: NONE
Count: 2
Banned: this will be on the exam, actual GARP item, passing score, CFA Level I
Never: invent a remembered stem, invent a VaR number, invent a GARP reading ID, invent a dollar loss
Format: banner + ledger + items + refuse + gaps
Lang: English
Not: not an exam dump, not CFA, not GARP advice
Numbers: NONE

Example Output

1. Banner. Not an exam dump. Not CFA Level I. Not GARP advice. Original teaching items only. Verify against the learner's current notes and current GARP materials the learner owns.

2. Ledger. Reading tag: Foundations of risk management / risk types as pasted. Topics: market risk, credit risk, operational risk, liquidity risk. Formulas NONE. Numbers NONE. Count 2. Lang English. Forbidden: this will be on the exam, actual GARP item, passing score, CFA Level I, remembered stem, invented VaR number, invented GARP reading ID, invented dollar loss.

3. Items (2).
Item 1. Reading tag: Foundations of risk management / risk types.
Stem: A harbor club keeps cash in a drawer overnight and also holds a listed-bond fund for a rainy-day account. Which risk type in the topic list best matches a sudden inability to sell the bond fund quickly at the quoted size?
A. Market risk
B. Credit risk
C. Operational risk
D. Liquidity risk
Key: D. Rationale: Topics include liquidity risk as the inability to transact at quoted size; the stem uses only that idea. No dollar figure (Numbers NONE).
Distractor A: market risk is price move, not the inability to transact size. B: credit risk is counterparty default, not named as a default here. C: operational risk is people/process/systems, not the fund sale friction in the stem.

Item 2. Reading tag: Foundations of risk management / risk types.
Stem: A clerk mistypes a queue name so tickets route to the wrong board. Which topic best matches that failure?
A. Market risk
B. Credit risk
C. Operational risk
D. Liquidity risk
Key: C. Rationale: operational risk covers process failure. No loss amount invented.
Distractors: A/B/D are other Topics and do not match a mistyped queue.

4. Numbers. NONE. No VaR dollars. No invented n.

5. Distractors. Four options each; three wrong from Topics. Not jokes.

6. Refuse. Dumped items: refused. CFA ethics: refused. 'Actual exam question': refused.

7. Never. No remembered FRM item. No invented GARP reading ID. No dollar loss.

8. Compliance. Banned hits none in stems. Count 2. Each has stem, 3 distractors, 1 key, reading tag. Format banner+ledger+items+refuse+gaps. Gaps: official GARP reading code, current-year syllabus, formula sheet, exam weighting, calculator policy.

Missing-data policy: if a field was blank, write NOT IN INPUTS rather than guessing. Lock any tool version named in Inputs; if unnamed, write unknown. No invented testimonials, star ratings, or press logos. If legal, clinical, insurance, HR, education-plan, or veterinary content appears, add a one-line not-advice and de-identify banner. Quote banned-word hits and cut them. End with a gaps list of five bullets the user still owes you. Character and byte caps in the job are hard; print counts when relevant. Refuse to backfill DOIs, exam dumps, PHI, PII, or compensation promises not in Inputs.

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