Loan Management Exam
We have prepared a comprehensive Loan Management Certification Exam to ensure you have mastered the essential skills and knowledge required to manage loans effectively. This exam will cover all the topics discussed in the lessons, including loan basics, loan products and policies, the loan application process, loan modifications and management, loan policies and approvals, and reporting and monitoring.
Exam Details:
- Time Limit: You have 45 minutes to complete the exam.
- Passing Score: A score of 80% or higher is required.
- Questions: The exam consists of 26 questions.
- Aids for the exam: You can use CAMS and the course information.
Best of luck on your exam, and we look forward to certifying your proficiency as a skilled and knowledgeable teller!
Loan Management Exam
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Question 1 of 26
1. Question
1 point(s)Before you can set up a penalty on a loan, what do you need to configure first?
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Question 2 of 26
2. Question
1 point(s)Where do you get the complete overview of all loan applications?
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Question 3 of 26
3. Question
1 point(s)Where can you find the loan application summary?
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Question 4 of 26
4. Question
1 point(s)What happens to existing loans and applications when a loan product is set to inactive?
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Question 5 of 26
5. Question
1 point(s)What should be done if the “Add New” button is not visible while trying to create a new loan product?
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Question 6 of 26
6. Question
1 point(s)What is the purpose of adding loan stages when creating a new loan product?
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Question 7 of 26
7. Question
1 point(s)What is important to have ready before adding a loan product?
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Question 8 of 26
8. Question
1 point(s)What must be done before changing a loan product takes effect?
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Question 9 of 26
9. Question
1 point(s)What happens to a loan product when it is set to inactive?
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Question 10 of 26
10. Question
1 point(s)What are the steps to add a loan application for a member who cannot access the member app?
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Question 11 of 26
11. Question
1 point(s)Which loan charges can be configured when creating a new loan product?
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Question 12 of 26
12. Question
1 point(s)What happens to the credit policy status after you change a loan product and submit it?
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Question 13 of 26
13. Question
1 point(s)What are the steps to disburse a loan in cash once the loan application is approved?
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Question 14 of 26
14. Question
1 point(s)What happens to the loan status after you reschedule it and submit the changes?
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Question 15 of 26
15. Question
1 point(s)What information do you need to fill in the Collateral section?
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Question 16 of 26
16. Question
1 point(s)Which options are available for selecting a guarantor type?
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Question 17 of 26
17. Question
1 point(s)What information is required to fill in the conditions of the guarantee?
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Question 18 of 26
18. Question
1 point(s)Where can you find the list of board members who must approve the credit policy?
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Question 19 of 26
19. Question
1 point(s)Where do you define the penalties for overdue loans?
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Question 20 of 26
20. Question
1 point(s)Which payment mode should you choose to set up a penalty for overdue loans?
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Question 21 of 26
21. Question
1 point(s)What options are available for setting the penalty value for overdue loans?
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Question 22 of 26
22. Question
1 point(s)What must be done after defining the penalty charge and setting its value?
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Question 23 of 26
23. Question
1 point(s)What are the steps to facilitate full loan repayment before the scheduled due date?
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Question 24 of 26
24. Question
1 point(s)What are the initial steps to view loan reports?
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Question 25 of 26
25. Question
1 point(s)Which report helps track each loan’s repayment status, overdue payments, and overall loan portfolio effectively?
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Question 26 of 26
26. Question
1 point(s)Which report is essential for managing and forecasting cash flow, ensuring timely collections, and identifying potential loan repayment issues?
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