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2016 Money & Banking Exam experience (revised test)
#1
Hello, Today I completed the newly revised Money & Banking DSST and thought to share my experience since I passed with a 430! Because the test was reinstated about a month ago, there weren't many resources that could guide what the new content would be. A few things I remember that were tested:
- The 2007-2009 crisis was exacerbated by: (a) discount rate hostility or (d) inflation?
- The Board of Governors has how many members? 7 (and they serve 14 year terms)
- The term of the Chairman is how many years? (a) 3, (b) 4, © 5, (d) 6 years
- M1 includes: © traveler's checks, (d) small denomination deposits

There were about 10-15 questions on the 2007-2009 crisis. If I can think of more topics that were asked (sorry about the limited number listed above), I will add to this thread.
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#2
Congrats!

I haven't attempted to study as I'm not sure I will need to take this exam, but, are you a member of IC, and if so, did you use their flashcards? If you did use IC Flashcards, did they help at all? Was any of the material in the specific exam thread covered?

Again, nice work! That's supposed to be one of the most difficult exams!

Brad
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#3
I'm interested in that as well
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