Free CRCM Exam Braindumps (page: 99)

Page 99 of 344

Which of the following does an extension of credit NOT include?

  1. An advance by means of an overdraft or cash item
  2. The making or renewal of any loan or granting of a line of credit
  3. An advance against accrued salary
  4. An acquisition of a note on which an insider is a maker, drawer, or guarantor

Answer(s): C



Which of the following does an extension of credit NOT include?

  1. An advance by means of an overdraft or cash item
  2. The making or renewal of any loan or granting of a line of credit
  3. An advance against accrued salary
  4. An acquisition of a note on which an insider is a maker, drawer, or guarantor

Answer(s): C



Which of the following does an extension of credit NOT include?

  1. An advance by means of an overdraft or cash item
  2. The making or renewal of any loan or granting of a line of credit
  3. An advance against accrued salary
  4. An acquisition of a note on which an insider is a maker, drawer, or guarantor

Answer(s): C



Which of the following transactions is subject to the provisions of Regulation O?

  1. Time deposit account held by a director
  2. Travel advance to an executive officer outstanding for less than 30 days
  3. Extension of credit to a director of an unaffiliated, competing, noncorrespondent bank
  4. Extension of credit to a member of the bank's board of directors

Answer(s): D



Page 99 of 344



Post your Comments and Discuss Banking CRCM exam with other Community members:

LeAnne Hair commented on August 24, 2023
#229 in incorrect - all the customers require an annual review
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LeAnne Hair commented on August 24, 2023
#229 in incorrect - all the customers require an annual review
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LeAnne Hair commented on August 24, 2023
I think question 204 has an incorrect solution. It should be D-Regulation E
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Igor commented on April 10, 2020
Guys, leave no stones unturned. Try to study every questions and anything other supplementary material you have. The exam is not easy. I just wrote mine and if it wss not for these questions I would have not have passed it.
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Lori commented on July 20, 2017
I had a good result. Worth the money.
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Chipps commented on July 20, 2017
Studying from this dump helped me understand the concept and what comes in the exam. But I only get about 80 to 85% of the questions not 100% as it is claimed. Well... still good enough to pass.
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