Commercial banking

About this practice suite

This suite prepares candidates for commercial banking selection in the finance, accounting, banking, and insurance sector with 5 skill areas: numerical reasoning, situational judgment, critical thinking, attention and concentration and data interpretation. Every question was written by Novus editors for this suite — none are taken from live or leaked exams — and the full bank holds 52 scored questions across three modes, plus 8 reserve questions used to vary repeat attempts. Answer keys never ship to the browser: your answers are scored server-side, and results stay on your device.

Skills this suite practises

• Numerical reasoning — Arithmetic, fractions, percentages, ratios, rates, estimation, word problems, and number relationships.
• Situational judgment — Evaluating workplace responses against role-relevant principles.
• Critical thinking — Evaluating evidence, assumptions, arguments, credibility, and alternative explanations.
• Attention and concentration — Sustained focus, selective attention, and accuracy under time pressure.
• Data interpretation — Tables, charts, graphs, dashboards, trends, comparisons, and evidence-based conclusions.

Sample questions from the guided bank

Two of the 10 guided-practice questions, shown exactly as they appear in a session. Answers and explanations are not printed here — keys stay on the server — so open guided practice to answer them and see how you did.

1. Before recommending a commercial term loan for a mid-market borrower, a credit trainee should primarily verify:

   • A. That the relationship manager likes the owners personally
   • B. Purpose of funds, repayment sources, collateral quality, and policy fit
   • C. That the borrower's website looks modern
   • D. That competitors already declined the deal

2. A business client asks you to waive KYC refresh because 'we've banked here for years.' Best educational response?

   • A. Waive it to protect the relationship
   • B. Ask them to email only a photo of a driver's licence
   • C. Explain that periodic KYC refresh is required; collect current documents through approved channels
   • D. Skip KYC if revenue is above $10m

Practice modes and timing

Guided practice is untimed-feeling and instructional; the mini-test is a short timed check; the full simulation mirrors a complete sitting. All three draw on separate question sets, so moving up a mode never repeats what you practised.

Study outline

Read the study outline for this suite’s skills, timings, and recommended lessons on one printable page, or download its standalone HTML file. The printable page can also be saved as a PDF from your browser.