NAB Study Guide 2026

Everything you need to pass the NAB 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.

📋 NAB Exam Format at a Glance

80
Questions
90 min
Time Limit
70.00%
Passing Score

📚 NAB Topics to Study (63)

✍️ Sample NAB Questions & Answers

1. What precautions should you take when using public Wi-Fi for banking?
Avoid banking on public Wi-Fi, or use a VPN to encrypt your connection

Public Wi-Fi networks can be monitored by hackers. Using a VPN encrypts your data, or better yet, use your cellular connection for sensitive banking activities.

2. For federal estate tax purposes, the death benefit of a life insurance policy owned by the decedent at death is treated how?
Included in the gross estate at the full face amount (death benefit)

Under IRC Section 2042, if the decedent held incidents of ownership over the policy, the full death benefit is included in the gross estate.

3. What are exchange rate risks in international transactions?
The risk that currency value changes between initiating and completing a transaction, affecting the final amount

Exchange rate fluctuations can increase or decrease the actual cost of international transactions, creating financial uncertainty for businesses and individuals.

4. What is the primary purpose of a NAB Corporate Mastercard issued to a business?
To allow employees to make authorized business purchases with centralized billing

A Corporate Mastercard enables employees to make approved business expenditures while consolidating charges onto a single corporate billing statement.

5. What obligation does NAB have under the Banking Code of Practice when a customer is identified as a 'vulnerable customer'?
To take extra care in interactions and offer tailored support, including referral to appropriate services

The Banking Code of Practice requires banks to take extra care with vulnerable customers — including those experiencing family violence, mental health issues, or financial difficulty — and provide appropriate support.

6. What is the purpose of NAB's Savings Goals feature in the mobile app?
Helping customers set a savings target and track progress toward it

Savings Goals lets customers name a goal, set a target amount, and visually track how close they are, helping motivate disciplined saving behavior.

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