Practice Banking & Finance Domain - 21.3 | Domain-Specific Jargon and KPIs | Business Analysis
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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

Define KYC.

πŸ’‘ Hint: Think about why banks need to know who their customers are.

Question 2

Easy

What does NPA stand for?

πŸ’‘ Hint: Consider what happens when a loan isn't paid back.

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 does KYC stand for?

  • Know Your Customer
  • Keep Your Credit
  • Know Your Costs

πŸ’‘ Hint: It has to do with verifying identities.

Question 2

True or False: An NPA is a loan that is being completely repaid.

  • True
  • False

πŸ’‘ Hint: Think about the consequences of defaults in loans.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Consider a bank with a Loan Approval Rate of 85% but an NPA Ratio of 10%. Discuss the financial implications.

πŸ’‘ Hint: Think about how these two metrics interact.

Question 2

If a bank's Customer Acquisition Cost rises due to inefficient KYC processes, how might this affect their overall business strategy?

πŸ’‘ Hint: Consider the balance between cost and growth in banking.

Challenge and get performance evaluation