The following questions are representative of the types of questions you will find on the CRCM (Certified Regulatory Compliance Manager) exam.

1.   A borrower has a right to rescind a loan agreement in all of the following situations except:

a. A line of credit used for the borrower's business, secured by the borrower's primary  dwelling
b. A revolving line of credit secured by the borrower's primary dwelling used to Boost the borrower's home
c. An increase of a line of credit from $5,000 to $10,000 secured by the borrower's primary dwelling
d. A loan to pay off a contract for a deed secured by the borrower's primary dwelling

2.  Compliance monitoring has revealed customers who are consistently writing more than six checks per month on their money market deposit account. To comply with Regulation D, which of the following actions should you advise the business take?

a. Advise customers to open a second money market account so they can write six  checks per month on each account.
b. Implement a service charge to penalize customers for each withdrawal that exceeds the maximum of three per month.
c. Notify the customers that writing more than six checks per month may result in account closure or conversion to a non-interest-bearing account.
d. Allow customers to continue writing more than three checks per month, but prohibit pre-authorized transfers.

3.   The primary responsibility for managing a bank’s inherent compliance risk should lie with which of the following?

a. Internal audit
b. Consumers
c. The business
d. Compliance officer

4.   A branch manager finds an unexplained $7,000 cash shortage in Teller #1's cash drawer. Which of the following actions must the bank take?

a. File a Currency Transaction Report (CTR) with the IRS
b. Discharge Teller #1 immediately
c. Send a notice of adverse action to the bank's federal regulator
d. File a Suspicious Activity Report (SAR)

5.  Which of the following bases is the most acceptable method of delineating a bank's CRA assessment area(s)?

a. Existing boundaries such as MSAs or counties in which the bank's office(s) is(are) located
b. The bank's effective lending territory (i.e., where it makes a substantial portion of its loans)
c. The zip codes that are included within a radius of the bank's office(s)
d. The area(s) assigned by the bank's primary regulator

Answer Key

1. a
2. c
3. c
4. d
5. b

Final exam Schedule

The matrix is a grid of predetermined exam times for those classes that meet at regular block times during the semester. The day and time of the first class meeting during the week determine the date and time for each exam. Courses that meet outside the normal university block scheduling will be scheduled within the time block that best fits the schedule without creating conflicts for students

Exam times are as follows:

• 8 – 11 a.m.
• 11:30 a.m. – 2:30 p.m.
• 3 – 6 p.m.
• 6:30 - 9:30 p.m.

While exam blocks are three hours long, the genuine length of the exam is determined by the instructor.

If examination days are postponed because of weather conditions, the first make-up day is documented on the academic calendar.

Final "Common" Exams

Common Finals will need to be applied to all sections of a course not to individual instructors. For courses that are scheduled within the finals matrix, the timing of the final exam will be determined immediately (by the location in the matrix). For courses requesting a common final, scheduling will not be available until late mid semester. Treatment of course conflicts for common finals will follow current set of priorities (courses with large enrollments will be scheduled first).

Common exam Finals must be approved by the chair and the dean of the college and submitted to the Registrar's office. A multiple‐section course that has chosen to give a "common" final exam will be assigned to a common exam block. Students who are scheduled for two common exams at the same time should check with their instructors to see which exam has priority.

Course Examination Policies

Faculty are not required to administer cumulative final examinations and should assess their students as appropriate to their discipline and course content. Faculty who opt to administer final examinations must do so at the time and place specified by the Registrar's Office. Deadlines or due dates for final take-home examinations or final papers may not be earlier than the time that the Registrar's Office has scheduled the final examination for the course in question (although instructors may opt to allow such examinations or papers to be submitted early). Note: If an academic program requires that students take final examinations for accreditation purposes, faculty are expected to adhere to the requirements of their accrediting organization.

For any course with a final exam during the exam period, no hour-examination (or major paper or project) shall be administered or due during the last five academic days of the semester unless the college dean has allowed an exemption.

Examination Conflicts

In the event that a student has three (or more) finals scheduled on the same exam day, the student has the right to ask that a make up exam (or exams) be scheduled to reduce the number of exams in a given day to two. Under these circumstances, required courses take priority, so the student should make every effort to arrange the make-up exam for a non-required course with the respective instructor. Likewise, in the event that a student has two finals scheduled in the same exam period, the required course takes priority; the student should schedule a make-up exam for the non required conflicting course with the respective instructor. If for any reason a mutually agreeable solution between the student and the instructor cannot be achieved, the student should see his or her college dean immediately.

Final Exams for Hybrid and Virtual Class Sections

Exams (including final exams) for fully virtual classes should be administered virtually, as that is the modality which students selected. Exceptions to hold on-campus exams require deans' approval.  An email (noting the approval) should be sent by email to: scheduling@uml.edu so that the exam location may be updated – exceptions are subject to room availability. If approved, faculty must indicate the alternate exam format in their course syllabus and accommodate students who are unable to attend in-person exams.

If a class section is hybrid (includes both an in-person meeting and either an online or virtual meeting pattern), then the final exam will be assigned as in-person, but the instructor may request the final exam to be virtual/online depending on the modes of instruction of the hybrid section. Hybrid courses also include courses that have more than one component with different modes of instruction (i.e., the lecture portion is virtual, but the recitation is in-person) and the instructor may decide whether or not the final exam is in-person in this scenario as well. Any requests for final exam updates should be sent by email to: scheduling@uml.edu.

Multiple choice questions are perhaps the easiest to complete - you simply put a cross in a box - however, the questions often have two answers that could, at first glance, be correct. Don’t make the mistake of practicing the first answer and thinking this is correct without checking all the others.

If it says 'Tick one box', you must tick one box. If you leave it blank or tick two or more boxes, you will get zero marks. These multiple choice questions will not start with command words like ‘Describe...’ or ‘Explain...’. They will be written in the form of a question like ‘What...?’ or ‘Why...?’.

There will be more multiple choice questions on the Foundation paper.

This page contains AQA material which is reproduced by permission of AQA.

ALEKS exam Format and Description

Exam Format

The math placement/assessment is an online test which covers a broad spectrum of Topics from basic math through precalculus. The ALEKS system is fully automated and the assessment is adaptive.

ALEKS avoids multiple-choice questions and instead uses flexible and easy to use answer input tools that mimic what would be done with paper and pencil (free-response environment).

When a student first logs on to ALEKS, a brief *tutorial shows how to use the following ALEKS answer input tools:

1. how to enter answers
2. how to use the graphing utilities
3. how to use the built-in calculator that will be offered when appropriate.

*Take your time with this tutorial and be sure you understand how these features work.

Exam Description

Each assessment process consists of 20-30 questions and should take around two hours to complete. The exact number of questions will vary due to the adaptive mechanism. It will be 30 questions and only shorter if the student starts to consistently answer “I don’t know.” It is likely that students will be asked questions on material they have not yet learned. On such questions, it is appropriate to answer, "I don't know" (and is interpreted that the Topic is not familiar to the student).  If students think they might know how to solve a question, they should try and answer the question. 

The first questions will be drawn from across the curriculum. Based on the previous answer to a question, the next question ALEKS presents, has a 50/50 chance of being answered correctly.  As the assessment proceeds, students' answers will be used to give the system information about the student's math knowledge, and it will gradually focus the questioning in an individually appropriate way.

School principals hail CBSE's new format of exam

The Central Board of Secondary Education's new format for first term board exams for Classes 10 and 12, including 90 minutes long objective type tests, has been hailed by several school principals who believe the decision will help enhance critical thinking of students.

CBSE Board exam 2023: The Central Board of Secondary Education (CBSE) will be conducting the Class 10 and 12 Board exams for the 2022-23 academic batch from February 15, 2023. According to several news reports, CBSE officials are expected to release a detailed schedule by December 2022. Once released, students can get their date sheet from the board’s official website — cbse.nic.in. The Board will conduct the Classes 10 and 12 board exams in a single shift this year.Also Read - SSB Constable Recruitment 2022: Register For 399 Posts Under Sports Quota at ssbrectt.gov.in. Class 10th Pass Eligible

After a gap of two years, CBSE will hold the examination in the same pattern as the pre-pandemic years. Due to Covid-19 pandemic, the board exams were cancelled in 2020, and candidates were graded using alternative assessment criteria. The board divided the entire academic year into two terms in 2021. Since the examination will be held in the normal format after two years gap, therefore in this article we have some questions answered for you. Also Read - GATE 2023 Registration Extended Till Oct 07; Check exam Date, Documents Required

CBSE sample Papers 2023

The Central Board of Secondary Education (CBSE) has released the sample question papers for the current academic year 2022-23 for students of classes 10 and 12. The CBSE Class 10 and Class 12 exam sample papers 2023 were published on September 16. Eligible students can get the sample papers by visiting the official website of the Board at cbseacademic.nic.in. Apart from the sample paper, the marking scheme of the board examination has also been released. With the help of the CBSE Class 10 and Class 12 sample papers 2023, a student will know more about the board exam pattern, types of questions, and others. Also Read - NEET UG 2022 State Counselling Schedule Released at mcc.nic.in. Round 1 Registration Begins From Oct 17

HOW TO get CBSE CLASS 10, 12 sample QUESTION PAPERS?

• Visit the official website of the Central Board of Secondary Education at cbseacademic.nic.in or cbse.gov.in.
• On the homepage, go to the “Sample Question Papers” sections.
• Now click on SQP 2022- 2023.
• Depending upon your class, click on the desired link. Click either on Class XII or Class X option.
• The CBSE sample question papers for classes 10 and 12 will be displayed on the screen.
• Download and take a printout of it for future reference.

WHEN WILL CBSE CONDUCT CLASS 10 AND 12 BOARD EXAMS?

CBSE will be conducting the Class 10 and 12 Board exams for the 2022-23 academic batch from February 15, 2023.  According to several media reports, the detailed schedule is expected to be released by the CBSE officials by December 2022.

HAS THERE BEEN ANY REDUCTION  IN THE CLASS 10TH SYLLABUS?

The Central Board of Secondary Education has released the rationalised syllabus for Class 10 for the academic session 2022-2023. As per the news report, CBSE has reduced the syllabus by removing many important Topics from Social Science. More details are available on the official website of the Board.

What WILL THE CBSE BOARD exam PATTERN BE IN 2023?

The Board has decided to return to the pre-pandemic single-exam format, which means that the class 10 and 12 board examinations are not likely to be divided into two parts.

WHAT IS THE CBSE CLASS 10 SYLLABUS FOR 2023?

The CBSE Board examination for class 10 and 12 students next year will be based on the pre-pandemic syllabus. In other words, the 30% reduction in syllabus offered to students in response to learning loss caused by the covid-induced disruption has been reversed.

CBSE Class 12 exam date and its format will be announced on this date

The Central Board of Secondary Education will announce the CBSE Class 12 exam dates on June 1, government sources told NDTV. The major entrance exams for undergraduate engineering and medicine - JEE Main and NEET - will be held as well, the same sources said. While the Central Government is inclined to hold the Class 12 board exams, it has left state governments to decide on their own school boards.

The National Testing Agency (NTA) released results of the maiden Common University Entrance Test for Undergraduate (CUET-UG) admissions late on Thursday night with almost 20,000 candidates scoring 100percentile in around 30 subjects.

The union government had in March announced that it will conduct CUET-UG, in line with the National Education Policy (NEP) 2020, and made its score a mandatory yardstick for all central universities while keeping it optional for others.

At least 90 universities are participating in the CUET-UG this year.

While the NTA– an autonomous testing agency under the union ministry of education was entrusted to conduct the exam–, the higher education regulation University Grants Commission (UGC) worked as its nodal agency for the exam.

Also Read: CUET results: Social media users question delay

The debut edition of CUET-UG was conducted in six phases between July 15 and August 30 across 489 examination centres located in 259 cities across India and 10 cities abroad.

A total of 14,90,000 candidates had registered for the examination that witnessed 60% consolidated attendance in all six phases.

HT here explains the journey of CUET-UG 2022:

Origin of CUET

In 2010, the government had set up 12 new central universities across the country, and introduced a common entrance exam known as Central University Common Entrance Test (CUCET) for them. Till 2021, those 12 central universities, including central universities of Gujarat, Haryana, Kerala Jammu and Punjab, were conducting admissions through it.

Later in 2020, when NEP was launched, it envisaged a common entrance exam for all universities. To implement the policy recommendations, the UGC had in 2020 set up a seven-member committee headed by VC of Central University of Punjab, RP Tiwari, to prepare the modalities for the common entrance exam.

After several rounds of discussion. UGC submitted its recommendations in December 2020 and suggested implementing them from 2021-22.

However, the UGC had put it on hold in view of the challenges posed by the Covid-19 pandemic.

In March this year, UGC announced the implementation of the exam under the title CUET from the session 2022-23 and made it the sole criterion for admission to undergraduate courses in all central universities.

Until now, many universities were either enrolling students on the basis of their class 12 performance or were conducting their individual entrance exams.

Why a common entrance exam?

While introducing CUET-UG, the UGC had said it would reduce the burden of students. “The students right now are applying to different universities and appearing in different entrance exams for undergraduate admissions. At the same time, they also have to focus on their board exams to get 99% and 100% marks. We should not assume that all central universities were conducting admissions on the basis of class 12 marks. Many universities have already been conducting their individual entrance exams for undergraduate admissions. Multiple exams were causing a lot of stress not just among the students but also their parents,” UGC Chairperson M Jagadesh Kumar had said.

“Another reason why the NEP 2020 advocated for a ‘one nation one entrance exam’ is to provide equal opportunity to students from different backgrounds and different education boards. It will provide a kind of level playing ground for the students,” he had said.

The criticism

A section of students, parents, teachers and principal raised concerns over making CUET-UG the sole criteria for undergraduate admissions. They argued that not giving any weightage to class 12 marks in the admission process will make board exams “irrelevant”. Another criticism was on the syllabus of CUCET-UG as it was “strictly” based on NCERT syllabus. People questioned how it would provide equal opportunity to students from other boards, ISC or state boards. Lastly, there were apprehensions that CUET may also mutate into a coaching driven competition like most entrance exams are in the country.

Exam pattern

The CUET-UG was a computer-based exam and was conducted in multiple choice questions (MCQ) format. It was divided into four sections namely, I-A, I-B, II, and III. Section I-A and I-B consisted of language subjects. Section II was domain specific and section III was a general test.

A candidate was allowed to choose a maximum of any three languages from Section I-A and Section I-B together, and up to six domain subjects. It means, overall, candidates could take a test in a maximum of nine subjects, i.e., two languages + six domain specific subjects + one general test or three languages + five domain specific subjects + one general test.

The exam will be strictly based on the class 12 NCERT syllabus.

The hiccups

The exam, which was initially planned in two phases, had to be conducted in six phases due to multiple cancellations and postponement of papers after technical issues were reported at the examination centres. While the first phase was conducted in July, the remaining five phases were held throughout August. The initial phases of CUET were marred with technical and administrative glitches. While on August 4, all exams scheduled in the evening shift were cancelled at all 489 centres across the country, 50 and 53 centres were affected on August 5 and 6, respectively.

However, the NTA rescheduled exams for all affected students and extended the dates till August 30.

How CUET-UG was different from NEET, JEE?

In case of both, the National Eligibility Criteria Test (NEET) for admission to medical courses, and the Joint Entrance exam (JEE) for engineering admissions, there are no subject combinations. It is either Physics, Chemistry and Mathematics or Physics, Chemistry and Biology and everybody takes these combinations only.

However, in CUET-UG, each of the 1.49lakh candidates had applied for at least five universities choosing around 54,000 subject combinations. That makes CUET-UG a big exercise.

What next?

The NTA will provide universities with the CUET-UG scores of students who have applied for admission to that particular university. The universities will then prepare their individual cut-off list using those scores and conduct their counseling sessions for admission. Students will have to visit the admission portal of the universities they have applied for and complete the registration process.

Meanwhile, the government is likely to conduct CUET-UG twice next year– one in March-April and the other in November-December – to provide more opportunities to students.

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