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An item bank Or Question Bank is a term for a repository of test items that belong to a testing program, as well as all information pertaining to those items. In most applications of testing and assessment , the items are of multiple choice format, but any format can be used.
This list covers formal bank stress testing programs, as implemented by major regulators worldwide. It does not cover bank proprietary, internal testing programs. A bank stress test is an analysis of a bank's ability to endure a hypothetical adverse economic scenario. Stress tests became widely used after the 2008 financial crisis. [1]
Extended matching items/questions (EMI or EMQ) are a written examination format similar to multiple choice questions but with one key difference, that they test knowledge in a far more applied, in-depth, sense. It is often used in medical education and other healthcare subject areas to test diagnostic reasoning.
After tricking the adaptive test into building a maximally easy exam, they could then review the items and answer them correctly—possibly achieving a very high score. Test-takers frequently complain about the inability to review. [9] Because of the sophistication, the development of a CAT has a number of prerequisites. [10]
A bank stress test is a simulation based on an examination of the balance sheet of that institution. [2] Large international banks began using internal stress tests in the early 1990s. [ 3 ] : 19 In 1996, the Basel Capital Accord was amended to require banks and investment firms to conduct stress tests to determine their ability to respond to ...
The Supervisory Capital Assessment Program, publicly described as the bank stress tests (even though a number of the companies that were subject to them were not banks), was an assessment of capital conducted by the Federal Reserve System and thrift supervisors to determine if the largest U.S. financial organizations had sufficient capital buffers to withstand the recession and the financial ...
The exams are timed and last between three and four hours. Some tests provide instant feedback as to whether or not a candidate has passed that particular exam (see table below). All test scores (on a 0-10 scale with 6 or higher passing) are posted six to eight weeks after the exam window ends.
Bloomberg Aptitude Test. The Bloomberg Aptitude Test (BAT) was an aptitude test owned, published, and developed by the now-defunct Bloomberg Institute - a former educational division of Bloomberg LP. It was used by employers in the business world to evaluate candidates. [1] [2] The exam focused on skills relevant to careers in finance.