Banking Study Guide 2026

Everything you need to pass the Banking exam in one place: the exam format, every topic to study, real practice questions with explanations, flashcards, and full-length practice tests. Free, no sign-up needed.

📋 Banking Exam Format at a Glance

150
Questions
180 min
Time Limit
70.00%
Passing Score

📚 Banking Topics to Study (21)

✍️ Sample Banking Questions & Answers

1. In Incoterms, what does 'CIF' (Cost, Insurance, and Freight) mean?
The seller pays for shipping and insurance to the destination port; risk transfers when goods are loaded onto the vessel

Under CIF, the seller arranges and pays for freight and insurance to the named destination port, but risk transfers to the buyer once goods are loaded on the ship at the origin port.

2. What is the value of continuing education in credit analysis for Banking professionals?
It keeps professionals current with evolving standards and practices

Continuing education ensures professionals stay current with the latest developments, standards, and best practices in their field.

3. What is a 'roadshow' in the context of an IPO?
A bank's marketing tour to pitch shares to institutional investors before pricing

During a roadshow, company executives and investment bankers travel to meet institutional investors to generate interest and gauge demand before setting the IPO price.

4. What does 'open account' trading mean in international trade?
The seller ships goods and invoices the buyer to pay later, bearing the credit risk

In open account trading, the exporter ships goods and sends an invoice, trusting the importer to pay on the agreed future date — the seller bears significant credit risk.

5. What is a 'hostile takeover'?
A merger where the target's board rejects the bid and the acquirer pursues shareholders directly

In a hostile takeover, the acquirer bypasses the target's management and board — who have rejected the offer — and approaches shareholders directly via a tender offer or proxy fight.

6. What does LTV (Loan-to-Value ratio) measure?
The loan amount divided by the appraised value of the property

LTV is calculated by dividing the loan amount by the appraised or purchase price of the property and is expressed as a percentage.

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Your Banking Study Path
1. Learn with Flashcards → 2. Drill Practice Tests → 3. Take the Full Exam Simulation