I can practice for my CLEP Test from anywhere. In no time I have passed three CLEP exams!
- Tony S., Baltimore, MD

Being in the Navy means I am always on the go. I have been able to study for my DANTES test on my ship, the USS Tarawa, any time I want.
- Jamie J., San Diego, CA

Member Login

Graduate Faster

We are the only online preparation company that offers questions in the same way CLEP* and DSST offer questions... Multiple-choice. This ensures that each practice test you take is as close to the actual test as possible.

  • 100% Online CLEP* and
    DSST Practice
  • 100% Multiple-Choice Tests
  • Eliminate Expensive Textbooks
  • Eliminate Expensive tuition
  • Save Time
  • Graduate Fast and
    Get Your Degree!




Money and Banking
-DSST Test

Money and Banking DSST Test Version 2

 Select your topic of choice: Number of questions:
  Central Banking and the Federal Reserve 43
  Commercial Banks and Other Financial Intermediaries 1 46
  Commercial Banks and Other Financial Intermediaries 2 19
  International Monetary System 34
  Monetary Policy in the United States 36
  Money and Macroeconomic Activity 14
  Roles and Kinds of Money 14

The DSST exams above contain 204 multiple-choice practice test questions with study guides (detailed explanations).

The ACE (American Council on Education) recommends 3 upper or lower level college credits for this exam.

Studying, and passing, the practice tests below will allow you to confidently take and pass your Money and Banking DSST test. The overall key concepts, and specific individual points, that will allow you to pass your test are within the practice questions and detailed explanations.


Course Information and Overview

This exam covers material that is typically taught in a semester introductory-level college course.  The multiple-choice DANTES/DSST exam consists of about 90 questions and allows two hours to complete. 

The Money and Banking DANTES/DSST exam contains questions that come from the following topics:

  • The Role and Kinds of Money (5%)
    Money and its alternative definitions
    Money and assets
  •  Commercial Banks and Other Financial Intermediaries (31%)
    Bank deposit deregulation
    Banking industry structures
    Management and operation of financial markets and intermediaries
    Deposit insurance
    International banking
  • Central Banking and the Federal Reserve System (18%)
    Organization and structure
    FED historical framework
    Monetary management (Current)
  • Money and Macroeconomic Policy (21%)
    Basic classical
    Keynesian economics
    Rational expectations and monetarism
    Inflation and money
  • Monetary Policy in the United States (18%)
    Monetary policy (Conducting)
    Targeting of interest rates vs. monetary aggregates
    Policy effectiveness
    Monetary policy vs. fiscal policy
  • The International Monetary System (7%)
    International monetary institutions and debt crisis
    International exchange rates and payments
    Monetary policy in conjunction with flexible exchange rates

Complete information and a fact sheet (PDF Format) of what is covered is available from Prometric.