American Bankers Association CRCM Certified Regulatory Compliance Manager Exam Practice Test

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Total 463 questions
Question 1

Which of the following is (are) NOT covered by the regulation?



Answer : D


Question 2

In the small bank performance standard, which of the following is NOT a criterion?



Answer : A


Question 3

Under collateral requirements-12CFR 221.7, maximum loan value of margin stock is:



Answer : A, C


Question 4

Bank A offers safe deposit services in a vault area that contains a door too narrow for wheelchair passage. The bank cannot widen the door because of the vault construction. Therefore, when a customer in a wheelchair needs access to a safe deposit box the customer cannot enter the vault. The bank provides viewing rooms for all safe deposit customers, and one of these rooms has a door wide enough for a disabled customer to enter. Which of the following must the bank do to provide safe deposit box service to wheelchair customers?



Answer : D


Question 5

The purpose of guidelines for National Banks to Guard against Predatory and Abusive Lending Practices- AL-2003-2 includes all of the following EXCEPT:



Answer : C


Question 6

The purpose of advisory letter in Avoiding Predatory and Abusive Lending Practices in Brokered and Purchased Loans- AL-2003-3 is to:



Answer : B


Question 7

The following statements make assertions about the collection and reporting of data on race, ethnicity, sex, and income. Which statement is false?



Answer : B


Page:    1 / 14   
Total 463 questions