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Q 1/40
Score 0
What is the name of the account whose main function is to make payments for purchases of goods and services?
30
Thrift deposits
Drafts
Transaction accounts
Second-party payments accounts
Q 2/40
Score 0
What is the name of the account whose main function is to make payments for purchases of goods and services?
30
Second-party payments accounts
None of above
Passbook saving accounts
Retirement accounts
40 questions
Q.
What is the name of the account whose main function is to make payments for purchases of goods and services?
1
30 sec
Q.
What is the name of the account whose main function is to make payments for purchases of goods and services?
2
30 sec
Q.
The stable and predictable base of deposited funds that are not highly sensitive to movements in market interest rates but tend to remain with the bank are called?
3
30 sec
Q.
What is the name of a deposit which provides customers with flexible money market interest rates but is accessible for spending by writing a limited number of cheques or executing preauthorized drafts?
4
30 sec
Q.
What is the formula for cost plus pricing methods?
5
30 sec
Q.
What is the name of deposit pricing method that vary deposit prices according to the number of transactions, the average balance in the deposit account, and the maturity of the deposit?
6
30 sec
Q.
What is the name of deposit pricing method that doesn’t charge any fees if the deposit account balance stays above some minimum balance?
7
30 sec
Q.
What is the rate of return which is based on the customer's average daily balance kept in the deposit?
8
30 sec
Q.
A bank determines from an analysis on its deposits that account processing and other operating expenses cost the bank $13.95 per month. It has also determined that its non-operating expenses on its deposits are $11.35 per month. The bank wants to have a profit margin which is 8 percent of monthly costs. What monthly fee should this bank charge on its deposit accounts? (Round up to 2 decimal numbers)
9
30 sec
Q.
A small business that has an account with this bank had $2,500 in their account for half the year and $5,000 in their account for the other half of the year. During this saving period, the customer receives $300 total interest earnings. What is the APY of this bank?
10
30 sec
Q.
According to the text book, the conditional pricing method for deposits is not sensitive to
11
30 sec
Q.
What is a time deposit that is non-negotiable but where the promised interest rate can rise with market interest rates
12
30 sec
Q.
What is a time deposit that allows for a periodic upward adjustment to the promised rate?
13
30 sec
Q.
What is a time deposit that allows the depositor to withdraw some funds without a withdrawal penalty?
14
30 sec
Q.
Who is the key holder of bank deposits in Vietnam?
15
30 sec
Q.
What is a uniform rating system developed by regulators where banks are given a rating from one to five in each of 6 categories and an overall rating from 1 to 5?
16
30 sec
Q.
Which of the following suggests that the BIDV bank must look to see if the borrower is legally entitled to sign a binding loan agreement. For an individual this entails making sure the borrower is of legal age to sign a contract?
17
30 sec
Q.
Which of the following suggests that the ACB must look at the position of the business firm in the industry and the outlook of the industry to evaluate a loan
18
30 sec
Q.
Loans that have minor weaknesses because the bank has not followed its written loan policy or which have missing documentation are called______________ by regulators
19
30 sec
Q.
What type of loan that offers to fisherman and farmers?
20
30 sec
Q.
Mr. Thach want to apply for a loan to repair his Novaland apartment. Which of the following loans is suitable for him?
21
30 sec
Q.
What does it mean by “doubtful loans”?
22
30 sec
Q.
Ms Ngoc is planning to apply for a loan to cover purchases of inventory, paying taxes and meeting payrolls. Which of the following loans is suitable for her?
23
30 sec
Q.
Ms. Nhi is planning to apply for a loan to purchase a Honda Lead motorbike. Which of the following loans is suitable for her?
24
30 sec
Q.
One aspect of the CAMELS rating system is ……. which looks at the quality of the bank’s loans. Examiners look at all loans over a certain size and a random selection of all other loans when looking at this aspect of a bank?
25
30 sec
Q.
One part of the 6 C’s of lending is which looks at whether the borrower has a well-defined purpose for the loan and a serious intent to repay the loan
26
30 sec
Q.
What is the main function of the bank?
27
30 sec
Q.
The loan category that has the highest defaults probability is usually?
28
30 sec
Q.
What is the back-up source of payment for the banks in case of default?
29
30 sec
Q.
BIVD rates Ms Hoa Binh an excellent credit rating. Which of the 6 C’s of lending would this piece of information belong to?
30
30 sec
Q.
A study of history shows that one of the first services offered by banks was
31
30 sec
Q.
Banks perform the indispensable task of
32
30 sec
Q.
The view that depositors hire banks to analyze the financial condition of prospective borrowers and continually evaluate the condition of outstanding loans is referred to as
33
30 sec
Q.
Smaller, locally focused commercial and savings banks that offer narrower but more personalized menu of financial services are known as
34
30 sec
Q.
The banking services that includes executing buy and sell orders for security trading customers and marketing new securities to raise funds for corporations and other institutions is referred to
35
30 sec
Q.
Which of the following is not a current trend in the banking industry
36
30 sec
Q.
Jonathan Robbins has an account in a bank that does not have a physical branch. Jonathan does all of his banking business over the internet. What type of bank does Jonathan have his account at
37
30 sec
Q.
During the middle ages, banks encountered religious opposition because
38
30 sec
Q.
Major trends affecting the performance of financial firms today include all of these except
39
30 sec
Q.
Which of the following is considered a depository financial institution
