MGF 401- Exam 3 With Q&A 100%
Verified Anwers 2026
1. An international treaty involving the US, Canada, Japan and the nations of
Western Europe to impose common capital requirements on all banks based
in those countries.: The Basel Agreement on International Capital Standards
2.A statistical framework for measuring a bank's portfolio's exposure to
changes in market prices or market rates over a given time period subject to a given probability.: Value at Risk (VAR)
Models
3.1. Has been among the most popular financial services offered in recent years.
2. A source of supplemental income.
3. Presents a challenge due to higher - than - average default rates.: Consumer Lending
4. 1. Residential Mortgage Loans
2. Non-Residential Loans
3. Credit Card Loans & Revolving Credit: Types of Consumer Loans
5. 1. Installment Loans
2. Non-Installment Loans: Types of Non-Residential Loans
6. Credit to finance the purchase of residential property in the form of houses and multifamily dwellings. This is
usually a LT loan which is secured by the property itself. Fixed or variable rate of interest.: Residential Mortgage Loans
7. ST to MT loans repayable in two or more consecutive, usually monthly or quarterly. These are often used to finance
big ticket purchases or consolidate existing debt.: Installment Loans
8. ST loans by individuals for immediate cash needs and repayable in one lump sum when the borrower's not
matures (charge accounts, medical care, auto and home repairs).: Non-Installment Loans
9. Debit cards can be used to pay for goods and services, but not to extend credit. They are a convenient vehicle for
making deposits into and withdrawals from ATMs and they facilitate check cashing.: Debit Cards
10. Based on sophisticated statistical models in which several variables are joined to establish a numerical score to
separate good loans from bad loans. the most famous of these is the FICO Scoring System Developed by Fair Isaac.-
: Credit Scoring
11. 1. Truth in Lending Act
2. Fair Credit Reporting Act
3. Fair Credit Billing Act
4. Fair Debt Collection Practices Act: Disclosure Rules
Verified Anwers 2026
1. An international treaty involving the US, Canada, Japan and the nations of
Western Europe to impose common capital requirements on all banks based
in those countries.: The Basel Agreement on International Capital Standards
2.A statistical framework for measuring a bank's portfolio's exposure to
changes in market prices or market rates over a given time period subject to a given probability.: Value at Risk (VAR)
Models
3.1. Has been among the most popular financial services offered in recent years.
2. A source of supplemental income.
3. Presents a challenge due to higher - than - average default rates.: Consumer Lending
4. 1. Residential Mortgage Loans
2. Non-Residential Loans
3. Credit Card Loans & Revolving Credit: Types of Consumer Loans
5. 1. Installment Loans
2. Non-Installment Loans: Types of Non-Residential Loans
6. Credit to finance the purchase of residential property in the form of houses and multifamily dwellings. This is
usually a LT loan which is secured by the property itself. Fixed or variable rate of interest.: Residential Mortgage Loans
7. ST to MT loans repayable in two or more consecutive, usually monthly or quarterly. These are often used to finance
big ticket purchases or consolidate existing debt.: Installment Loans
8. ST loans by individuals for immediate cash needs and repayable in one lump sum when the borrower's not
matures (charge accounts, medical care, auto and home repairs).: Non-Installment Loans
9. Debit cards can be used to pay for goods and services, but not to extend credit. They are a convenient vehicle for
making deposits into and withdrawals from ATMs and they facilitate check cashing.: Debit Cards
10. Based on sophisticated statistical models in which several variables are joined to establish a numerical score to
separate good loans from bad loans. the most famous of these is the FICO Scoring System Developed by Fair Isaac.-
: Credit Scoring
11. 1. Truth in Lending Act
2. Fair Credit Reporting Act
3. Fair Credit Billing Act
4. Fair Debt Collection Practices Act: Disclosure Rules
