Banking Acronyms Masterclass Quiz

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Banking Acronyms Masterclass: a General level Bank Exam Prep quiz. Test your knowledge with 5 questions!
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Questions

Question 1
What does APR stand for in loans?
A Applied Principal Rate
B Account Profit Ratio
C Average Payment Return
D Annual Percentage Rate
Question 2
What does ABA stand for in routing numbers?
A American Bankers Association
B Asset Balance Audit
C Annual Bank Account
D Automated Bank Access
Question 3
What does IRA stand for?
A Interest Rate Adjustment
B Internal Revenue Asset
C Individual Retirement Account
D Investment Return Account
Question 4
What does CVV stand for?
A Credit Validation Variable
B Card Verification Value
C Cash Value Verification
D Clear Verification Voucher
Question 5
What does BSB stand for in some banking systems?
A Basic Savings Balance
B Bank State Branch
C Bank Security Bureau
D Balance Statement Box

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