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Banking Fundamentals Test
Test duration:
20
min
No. of questions:
10
Level of experience:
Entry level

Banking Fundamentals Test

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Banking Skills Test

Banking fundamentals is the procedure followed by the banks to benchmark and generate a mechanism of money supply for the whole country. Banking Fundamentals refer to the basic concepts of economic and financial activities, such as savings, deposits, loans, profit, losses, credits, etc. The activities such as accepting and safeguarding the money owned by individuals are also included in banking fundamentals.

The banking skills test helps recruiters and hiring managers to assess a candidate’s banking fundamentals skills. The banking fundamentals online test is designed by experienced Subject Matter Experts (SMEs) to evaluate and hire banking professionals as per industry standards.

The test helps to screen candidates for the following:  

1. Understanding of commercial banking.

2. Excellent knowledge in retail banking.

3. Knowledge of financial activities such as deposits, loans, assets, liabilities, etc.

4. Experience and a good understanding of accounting management.

The banking fundamentals online test has a powerful reporting feature that provides an instant result that can be with the recruiting team. Both ready-to-use assessments and customized assessments as per the job description can be provided.

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Test Summary

Banking skills test helps recruiters assess candidate’s banking fundamentals skills. Banking fundamentals online test contains questions based on topics like acquisition strategies, account deposits, banking loan, investment banking, commercial banking, retail banking & more.

This test may contain MCQs (Multiple Choice Questions), MAQs (Multiple Answer Questions), Fill in the Blanks, Whiteboard Questions, Audio/Video Questions, LogicBox (AI-based essay evaluation), Job-based Simulations, True or False Questions, etc.

Useful for hiring
  • Bank Managers
  • Bank Clerks
  • Business Analysts in Banking
Test Duration
20
min
No. of Questions
10
Level of Expertise
Entry level
Topics Covered
Shuffle

Assets

Liabilities

Shuffle

Acquisition Strategies

Shuffle

Account Deposits

Shuffle

Banking Loan

Shuffle

Investment Banking

Sample Question
Choose from our 100,000+ questions library or add your own questions to make powerful custom tests.
Question type
Multiple Option
Topics covered
Business Acquisition Strategies
Difficulty
Easy

Question:

Q 1. Ryan and Emily are discussing the two types of acquisition strategies used by businesses - horizontal acquisition strategy and vertical acquisition strategy. They provide examples to elucidate the two strategies:
Statement 1 - Facebook's 2012 acquisition of Instagram is an example of horizontal acquisition.
Statement 2 - Google's 2012 acquisition of Motorola is an example of vertical acquisition.
Which of the given statement(s) is/are correct?

Statement 1
Statement 2
Both the statements are correct.
None of the statements are correct.
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questions to the test

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