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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What is the main purpose of a digital loan application portal?
💡 Hint: Think about what makes applying for loans easier.
Question 2
Easy
Name one key stakeholder in the banking loan application process.
💡 Hint: Consider who interacts with the loan application.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What is the primary function of a digital loan application portal?
- To facilitate in-person loan applications
- To streamline online loan submissions
- To assess customer risk only
💡 Hint: Think about modern banking services.
Question 2
True or False: A risk engine is used to determine customer eligibility in the loan process.
- True
- False
💡 Hint: Recall the specific function of a risk engine.
Solve 2 more questions and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
Analyze a loan application scenario where a user submits false income information. What should be the steps taken to handle this case?
💡 Hint: Consider how banks typically check information.
Question 2
Design a flowchart for the loan application process including user submission, eligibility calculation, and risk assessment.
💡 Hint: Use standard flowchart symbols like diamonds for decisions.
Challenge and get performance evaluation