Banking | Testing | Mock Test

1
A Cash Deposit transaction done through ATM will come under
a. Regulatory Report
b. Customer Report
c. Transaction Report
d. All of the above
[bg_collapse view=”button-green” color=”#FFF” icon=”arrow” expand_text=”Show Answer” collapse_text=”Hide Answer” ]Answer : Transaction Report [/bg_collapse]
2
An abstract test suite gentarated using an MBT tool can be directly executed against an System under test.
a. This is always true
b. Depends upon the model designed
c. This can never be true
d. The test execution is independent of the model designed
[bg_collapse view=”button-green” color=”#FFF” icon=”arrow” expand_text=”Show Answer” collapse_text=”Hide Answer” ]Answer : Depends upon the model designed[/bg_collapse]
3
Business Disaster can happen due to
a. System Crash
b. Non Availability of Resources
c. Non Availability of Clients
d. All of the above
[bg_collapse view=”button-green” color=”#FFF” icon=”arrow” expand_text=”Show Answer” collapse_text=”Hide Answer” ]Answer : System Crash[/bg_collapse]
4
C24 is an Integration layer associated with
a. Bankmaster
b. Temenos
c. Flexcube
d. Finacle
[bg_collapse view=”button-green” color=”#FFF” icon=”arrow” expand_text=”Show Answer” collapse_text=”Hide Answer” ]Answer : Finacle[/bg_collapse]
5
Change management and communication comes under which of the following risks
a. Maintenance Risks
b. Banks Readiness
c. General Risks
d. Meeting Legal and Regulatory Norms
[bg_collapse view=”button-green” color=”#FFF” icon=”arrow” expand_text=”Show Answer” collapse_text=”Hide Answer” ]Answer : Banks Readiness[/bg_collapse]
6
Which bank deals with issued a credit and the reimbursement authorization under that credit
a. Issuing bank
b. Claiming bank
c. Reimbursement bank
d. Negotiate bank
[bg_collapse view=”button-green” color=”#FFF” icon=”arrow” expand_text=”Show Answer” collapse_text=”Hide Answer” ]Answer : Issuing bank [/bg_collapse]
7
Dealing department consists of
a. Dealers
b. Mid officer staff
c. Back office staff
d. All the above
[bg_collapse view=”button-green” color=”#FFF” icon=”arrow” expand_text=”Show Answer” collapse_text=”Hide Answer” ]Answer : All the above [/bg_collapse]
8
Presettlement and settlement risk is called as
a. Liquidity risk
b. Market risk
c. Legal risk
d. Credit risk
[bg_collapse view=”button-green” color=”#FFF” icon=”arrow” expand_text=”Show Answer” collapse_text=”Hide Answer” ]Answer : Credit risk[/bg_collapse]
9
risk that the bank will be unable to meet its funding requirements or execute a transaction at a reasonable price called as
a. Liquidity risk
b. Market risk
c. Legal risk
d. Credit risk
[bg_collapse view=”button-green” color=”#FFF” icon=”arrow” expand_text=”Show Answer” collapse_text=”Hide Answer” ]Answer : Liquidity risk [/bg_collapse]
10
The account which is maintained in abroad for settlement of receipts and payment regarding foreign exchange transactions are called as
a. Vostro Account
b. Internal account
c. Nostro account
d. Option A and B
[bg_collapse view=”button-green” color=”#FFF” icon=”arrow” expand_text=”Show Answer” collapse_text=”Hide Answer” ]Answer : Nostro account[/bg_collapse]