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Certified Credit Research Analyst Level 2 (CCRA-L2) - AIWMI Exam Questions

Last updated on June 20, 2026

97% Exam Compliance
84 Total Questions
1
Question
Provisioning Coverage Ratio (PCR) is essentially the ratio of provisioning to ______ extent of funds a bank has kept aside to cover loan losses.
Options
A gross non-performing assets
B total loan portfolio
C total assets and indicates the
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2
Question
“Following four entities operate in the Indian IT and BPO space. They all are into same segment of providing off-shore analytical services. They all operate on the labour cost-arbitrage in India and the countries of their clients. Following information pertains for the year ended March 31, 2013.

Exhibit

have

Exhibit

The year FY13, was typically a good year for Indian IT companies. For FY14, the economic analysts given following predictions about the IT Industry:
Options
A Any of the three.
B Deny taking up assignment for Glowing.
C Be more cautious and skeptical on any information received from Glowing and give negative marks in management risk and use it as an overriding factor to lower the credit ratings.
D One needs to check only the corporate governance aspect of the Glowing and the past same should not have any bearing on Glowing.
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3
Question
In a weakening economy, which of the following is least accurate?
Options
A Interest costs go up and create rate risk for have bonds maturing which need to be rolled over.
B Interest costs go up and create refunding risk for those who have bonds maturing which need to be rolled over.
C None of the other options.
D Interest costs go up and create funding risk for those who have borowing plans lined up.
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4
Question
Step up upon feature will lead to
Options
A positive basis because the bond holder is compensated
B negative basis given that the bondholder is not compensated
C no change as step is not linked to issuers rating
D Will lead to a change only if there is a linkage to the issuer’s rating
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5
Question
Butterfly strategy is a combination of
Options
A Barbell and Bullet on the opposite market sides
B Ladder and Barbell on the same market sides
C Barbell and Bullet on the same market sides
D Ladder and barbell on the opposite market sides
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