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CCRA-L2 AIWMI Certified Credit Research Analyst Level 2 Free Practice Exam Questions (2025 Updated)

Prepare effectively for your AIWMI CCRA-L2 Certified Credit Research Analyst Level 2 certification with our extensive collection of free, high-quality practice questions. Each question is designed to mirror the actual exam format and objectives, complete with comprehensive answers and detailed explanations. Our materials are regularly updated for 2025, ensuring you have the most current resources to build confidence and succeed on your first attempt.

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Total 84 questions

Which of the following is false in case of credit enhancements?

A.

It reduces the default risk of the borrowing entity for the lender, thereby deteriorating the overall credit worthiness of the borrower

B.

Credit enhancement could be implicit or explicit

C.

Credit enhancement is a mechanism whereby external cash flows is extended by an entity which has a stringer credit profile, so that it benefits the fund raising entity

Butterfly strategy is a combination of

A.

Ladder and Barbell on the same market sides

B.

Barbell and Bullet on the opposite market sides

C.

Barbell and Bullet on the same market sides

D.

Ladder and barbell on the opposite market sides

The most important metric for a bank is the Net Interest Income (NII) which is the difference

between____income and____expense.

A.

Interest; Total

B.

Interest; Fee

C.

Interest; Interest

D.

Total; Total

Proportion of fee based income is examined as the same is an _____ efficient source of bank’s profitability.

A.

Interest based

B.

CapitalC. Current

C.

Fee Based

Which of the following statement is (are) correct?

Statement 1: Industry analysis is the first and foremost step in the bottom up approach of analysis.

Statement 2: Industry analysis would enable an analyst to figure out the relative positions of various market players and thereby make informed investment decisions.

A.

Both are incorrect

B.

Only Statement 1 is correct

C.

Only Statement 2 is correct

D.

Both are correct

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Total 84 questions
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