FDIC TE PREP | 403 QUESTIONS | WITH
COMPLETE SOLUTIONS!!
1 of 401
Term
improvement, even if the institution's capital level exceeds minimum
, capital-2
capital-4
Don't know?
2 of 401
Term
Rating: indicates that market risk adequately controlled and that
there is only moderate potential that the awnings performance or
capital position will be adversely affected. Risk management
practices are satisfactory for the size, sophistication, and market risk
accepted by the institution. The level of earnings and capital provide
adequate support for the degree of market risk taken by the
institution.
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SMR-4 SMR-1
SMR-2 SMR-3
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, 3 of 401
Term
what does single interest insurance coverage cover?
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covers losses to uninsured
covers losses to vehicles used for
vehicles pledged as collateral
commercial purposes only
for an extension of credit
covers losses to all vehicles covers losses to insured vehicles
regardless of insurance status only
Don't know?
4 of 401
Definition
1. for loans or other extrensions of credit, the amount of the loan or
extension of credit;
2. for sales, leases, and investments in or exchanges of real property,
the market value of the real property interest involved; and
3. for the pooling of loans or interest in real property for resale or
purchase, the amount of the loan or market value of the real
property calculated with respect to each such loan or interest in real
property.
Give this one a try later!
, Part 303 Applications: what 7
Part 303 Applications: when is a factors are considered for
notice of change in execuative applications by proposed or new
officers required? organized insitutions?
Part 323: Define transaction
directors are held liable for?
value
Don't know?
5 of 401
Term
SNCs do not include?
Give this one a try later!
1. breach of trust
2. misappropriation of funds
3. fraud - intential deception resulting in injury to another (false statements)
4. Ultra Vires Act - actions beyond the power of a corporation, as stated in
charter of law as of state where it is incorporated
5. negligence - resulting in loss - failure to excessive degree of care prudent
person would exercise
1. Credits shared solely between afflicted supervised institutions
2. Private sector credits that are 100% guaranteed by sovereign entities
3. International credits or commitments administered In a foreign office
4. Direct credits to sovereign borrowers.
COMPLETE SOLUTIONS!!
1 of 401
Term
improvement, even if the institution's capital level exceeds minimum
, capital-2
capital-4
Don't know?
2 of 401
Term
Rating: indicates that market risk adequately controlled and that
there is only moderate potential that the awnings performance or
capital position will be adversely affected. Risk management
practices are satisfactory for the size, sophistication, and market risk
accepted by the institution. The level of earnings and capital provide
adequate support for the degree of market risk taken by the
institution.
Give this one a try later!
SMR-4 SMR-1
SMR-2 SMR-3
Don't know?
, 3 of 401
Term
what does single interest insurance coverage cover?
Give this one a try later!
covers losses to uninsured
covers losses to vehicles used for
vehicles pledged as collateral
commercial purposes only
for an extension of credit
covers losses to all vehicles covers losses to insured vehicles
regardless of insurance status only
Don't know?
4 of 401
Definition
1. for loans or other extrensions of credit, the amount of the loan or
extension of credit;
2. for sales, leases, and investments in or exchanges of real property,
the market value of the real property interest involved; and
3. for the pooling of loans or interest in real property for resale or
purchase, the amount of the loan or market value of the real
property calculated with respect to each such loan or interest in real
property.
Give this one a try later!
, Part 303 Applications: what 7
Part 303 Applications: when is a factors are considered for
notice of change in execuative applications by proposed or new
officers required? organized insitutions?
Part 323: Define transaction
directors are held liable for?
value
Don't know?
5 of 401
Term
SNCs do not include?
Give this one a try later!
1. breach of trust
2. misappropriation of funds
3. fraud - intential deception resulting in injury to another (false statements)
4. Ultra Vires Act - actions beyond the power of a corporation, as stated in
charter of law as of state where it is incorporated
5. negligence - resulting in loss - failure to excessive degree of care prudent
person would exercise
1. Credits shared solely between afflicted supervised institutions
2. Private sector credits that are 100% guaranteed by sovereign entities
3. International credits or commitments administered In a foreign office
4. Direct credits to sovereign borrowers.
