Business Analyst Banking Assessment Test

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| By Cripstwick

Cripstwick

Community Contributor

Quizzes Created: 636 | Total Attempts: 733,305

Questions: 10 | Attempts: 236 | Updated: Mar 18, 2023

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Business Analyst Banking Assessment Test - Quiz

. Business Analyst for Banking test is designed to assess the candidates in the areas of banking, finance, money market mutual funds etc. It is used by hiring managers and recruiters to test applied knowledge gained through actual experience.

Questions and Answers

1.

How many questions are assigned to test writing skills in the business analyst banking system?
- A.
  
  8
- B.
  
  15
- C.
  
  5
- D.
  
  10
Correct Answer
C. 5

Explanation
The correct answer is 5. This suggests that there are 5 questions assigned to test writing skills in the business analyst banking system.

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2.

How many questions make up the Business Analyst for Banking test?
- A.
  
  60
- B.
  
  40
- C.
  
  30
- D.
  
  45
Correct Answer
C. 30

Explanation
The correct answer is 30. This suggests that the Business Analyst for Banking test consists of 30 questions.

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3.

How many questions are designed to test analytical thinking?
- A.
  
  12
- B.
  
  15
- C.
  
  5
- D.
  
  10
Correct Answer
C. 5

Explanation
The correct answer is 5. This suggests that out of the given options, there are only 5 questions designed specifically to test analytical thinking.

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4.

What is the total duration of the test?
- A.
  
  30 mins
- B.
  
  40 mins
- C.
  
  50 mins
- D.
  
  60 mins
Correct Answer
A. 30 mins

Explanation
The correct answer is 30 mins. This means that the total duration of the test is 30 minutes.

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5.

How many questions are assigned to the Banking section?
- A.
  
  20
- B.
  
  5
- C.
  
  10
- D.
  
  15
Correct Answer
C. 10

Explanation
There are 10 questions assigned to the Banking section.

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6.

How many minutes are assigned to the ten questions on the Business Analyst section?
- A.
  
  10
- B.
  
  15
- C.
  
  5
- D.
  
  6
Correct Answer
A. 10

Explanation
The correct answer is 10 because each question is assigned 1 minute. Therefore, for ten questions, the total time assigned would be 10 minutes.

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7.

One of the topics covered in Business Analyst for Banking test include?
- A.
  
  Capital system
- B.
  
  Profit margin
- C.
  
  Absolute margin
- D.
  
  System flow
Correct Answer
B. Profit margin

Explanation
The correct answer is profit margin. In the context of a Business Analyst for Banking test, profit margin refers to the ratio of a company's profit to its revenue. It is a key financial metric that indicates the profitability of a business. Understanding profit margins is crucial for a business analyst in the banking industry as it helps in assessing the financial health and performance of banks and other financial institutions. By analyzing profit margins, a business analyst can identify areas of improvement, make informed decisions, and provide valuable insights to stakeholders.

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8.

The Business Analyst Banking Test assesses applied knowledge of?
- A.
  
  Applications
- B.
  
  Revenue budgets
- C.
  
  Development
- D.
  
  Marketing
Correct Answer
B. Revenue budgets

Explanation
The Business Analyst Banking Test assesses applied knowledge of revenue budgets. This means that the test is designed to evaluate the individual's understanding and ability to analyze and manage the financial aspects of a banking business, specifically focusing on revenue budgets. It tests their knowledge of creating, analyzing, and forecasting revenue budgets, as well as their ability to make informed decisions based on this financial information.

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9.

The Business Analyst for Banking test contains questions on?
- A.
  
  Regulations
- B.
  
  Capital system
- C.
  
  Financial system
- D.
  
  Marketing
Correct Answer
C. Financial system

Explanation
The Business Analyst for Banking test contains questions on the financial system. This is because a business analyst in the banking industry needs to have a strong understanding of how the financial system works, including concepts such as banking products, financial markets, financial institutions, and financial regulations. By testing candidates on their knowledge of the financial system, the test can assess their ability to analyze and interpret financial data, identify risks and opportunities, and make informed business decisions within the banking industry.

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10.

One of the topics covered in the test include?
- A.
  
  Marketing
- B.
  
  Requirement analysis
- C.
  
  Graphics
- D.
  
  Mathematics
Correct Answer
B. Requirement analysis

Explanation
The correct answer is requirement analysis. This topic is likely covered in the test because it is an important aspect of various fields such as software development, project management, and business analysis. Requirement analysis involves identifying, documenting, and prioritizing the needs and expectations of stakeholders in order to define the scope and objectives of a project. It helps ensure that the final product or solution meets the desired requirements and satisfies the needs of the end-users. Understanding requirement analysis is crucial for professionals in these fields to effectively plan, design, and implement projects.

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