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Loan Officer Aptitude Test Assessment
Clock
Test duration:
20
min
Notes
No. of questions:
20
Tie
Level of experience:
Entry/Mid/Expert

Loan Officer Test

Our loan officer test enables recruiters and hiring managers to hire a job-fit candidate quickly and make unbiased decisions. This test helps hire loan officers and helps reduce hiring costs by 40%.

12537
+
Candidates
Assessed
112
+
Organizations Served
Fujitsu
Paypal
Capgemini
Deloitte
Coupa
UN Logo
Vanguard
EY Logo
About

Loan Officer Aptitude Test Assessment

Loan officers will study the loan proposals submitted and decide whether to accept or reject them. They need to understand accounting and finance to learn financial statements. They must be good communicators since they regularly interact with clients.

They must be fully aware of the bank's services and Governmental regulations.


KEY SKILLS REQUIRED: 

  • STRONG COMPREHENSION SKILLS - Verbal Reasoning
  • COMMUNICATION - Verbal Ability
  • STRONG NUMERIC ABILITY - Quantitative Aptitude
  • ANALYTICAL ABILITY - Quantitative Aptitude
  • FINANCE AND ACCOUNTING KNOWLEDGE
  • CRITICAL THINKING - Logical Reasoning

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How it works

Test Summary

VERBAL ABILITY 

Verbal ability is essential because grammar and vocabulary are prerequisites for good spoken and written English. 

VERBAL REASONING 

Reading comprehension indicates the ability to comprehend and reason with the concepts on a written page. 

QUANTITATIVE APTITUDE 

Quantitative ability will indicate analytical thinking and problem-solving ability. 

LOGICAL REASONING 

Logical Reasoning is assessed through  

  • Statement/Conclusion 
  • Cause /Effect and 
  • Statement/Fact questions 

These questions will indicate the quality of deductive and inductive reasoning, contributing to critical thinking ability. 

ABSTRACT REASONING 

Abstract reasoning indicates the ability to think, identify logical patterns, learn new skills and solve complex problems. It is an indicator of fluid intelligence and shows an ability to strategize.


The test may contain MCQs (Multiple Choice Questions), MAQs (Multiple Answer Questions), Fill in the Blank, Descriptive, Whiteboard Questions, Audio / Video Questions, True or False

Test Duration
20
No. of Questions
20
Level of Expertise
Entry/Mid/Expert
Useful for hiring
  • Loan Officer
Topics Covered
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Accounting Fundamental

iMocha’s loan officer test evaluates a candidate’s understanding of accounting fundamentals such as recording, summarizing, analyzing, and reporting financial data.

Numerical Reasoning

Our loan officer aptitude test helps recruiters and hiring managers assess a candidate’s ability to solve numerical problems by interpreting numerical data.
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Financial Management

This assessment evaluates a candidate’s ability to manage an organization’s financial activities.
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Excel 2016

This assessment evaluates a candidate’s ability to work on Microsoft Excel, which helps to manage and control large amounts of data.
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Sample Question
Choose from our 100,000+ questions library or add your own questions to make powerful custom tests.

Question types :

Multiple Option

Topic:

Difficulty:

Hard


Q 1. You have been asked to train « Naive Bayes model for spam detection dataset

Using Python command, what wil you add in the given code at XXXX to deciore, it and train your modal for the given dataset?

import numpy os np

X= nporroyll 3. 2b[1 21 [2.21.[3,21)
Y= nporray(fi.a,a.1))

XXXX

from skinamnaive_bayas import

Gaussianna

otf = Gaussianne()

ceataie(x ¥)

from skinamnaive_bayas import

Gaussianna

otf = Gaussianne()

ceataie(x ¥)

from skinamnaive_bayas import

Gaussianna

otf = Gaussianne()

ceataie(x ¥)

from skinamnaive_bayas import

Gaussianna

otf = Gaussianne()

ceataie(x ¥)

Question types :

Multiple Option

Topic:

Machine teaming

Difficulty:

Hard


Q 1. Q2 Lets assume that you have 6 Pandas DataFrome(af) in the below tole.

Index Code Open High
0 AAPL 19877 70074
1 AAPL 19877 70074
2 AAPL 19877 70074
3 AAPL 19877 70074
4 AAPL 19877 70074

When the following commend is executed, what hoppens to the DatoFrome?

df= defiinat()
Y= nporray(fi.a,a.1))

Index Code Open High
0 AAPL 19877 70074
1 AAPL 19877 70074
2 AAPL 19877 70074
3 AAPL 19877 70074
4 AAPL 19877 70074
Index Code Open High
0 AAPL 19877 70074
1 AAPL 19877 70074
2 AAPL 19877 70074
3 AAPL 19877 70074
4 AAPL 19877 70074
it gives an error becouse of the third row which has on empty string.
None of these

Question types :

Multiple Option

Topic:

HLOOKUP

Difficulty:

Medium

Question:

Manuel is adept at using complex combined formulas. Identify the output of the following formula he wrote based on the given table, with data contained in the range A1: B5. HLOOKUP(44,A2:B5,3) - HLOOKUP(53,A4:B5,2) = ?

Table with section and value column


Options

  • 36
  • 52
  • 43
  • 0
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