Monday, 24 December 2018

Certified credit professionals exam members review::


Certified credit professionals exam  members review::
Frst of all abt toughness.. I thnk paper was tougher dan caiib papers.. Esp i found it tougher prsnly..
Regarding paper.. One qstn was der frm factoring.. Pari passu charge, 1 qstn frm bfeak evn point.. No need to study fund flow nd cash flow as der was no qstn frm dat part.. Lc calculation with eoq given 5 marks numerical, payback, arr, npv, irr 5 mark numerical, mpbf, turnover tandon committee 5 mark numericals.
. Export case study.. Priorty sector classfication case study.. Ratios numerical 3-4 marks like inventory turnover given find cost of goods sold. Mse service sector enterprise max loan.. Nd medium sector service sector max loan.. Numericals der were 20-30 marks.. Read btwn lines to build concept.. As 4 option were given nd u hv to find out which one is wrng.. 30-40 qstn were lyk dat..
Exam was tough i felt personally..Questns on NPV,IRR (to be read very minutely from the book )payback period ,project Viability ,RATIOS like Interest coverage ratio, Gross profit ,DER ratios,priority sector lending,pari passu charge,CP in detail confusing questions,LC limit ,frequency,No of LCs ,time period, Working capital 1st nd second method lending case studies, Forex
PCFC , green clause LC ,education loan,minor,companies,partenership Kimbersley process ,credit rating agencies , Sarfaesi,Cersai ,registration of charges,BEP,Balancesheet , MSMED act 2006 and very minute topics from the book .Concepts to be cleared as options are confusing.
Today it was my first attempt for CCP exam and by God’s grace passed the exam. Thanks to this group for valuable information and guidance. In my opinion Paper was tough. Reading Taxman only is not enough. Concepts must be clear as der r full of case studies and numericals throughout the paper based on LC , IRAC norms, treatment of stressed assets,BG, BEP, WC requirement assessment under different methods, Project appraisal and Prisec case studies and documentation. I din face much questions on retail credit, fund flow cash flow and ratio analysis. All the best to CCP aspirants and who r not I will advice dem dat dis exam is worth a try.
Today it was my first attempt for CCP exam and by God’s grace passed the exam. Thanks to this group for valuable information and guidance. In my opinion Paper was tough. Reading Taxman only is not enough. Concepts must be clear as der r full of case studies and numericals throughout the paper based on LC , IRAC norms, treatment of stressed assets,BG, BEP, WC requirement assessment under different methods, Project appraisal and Prisec case studies and documentation. I din face much questions on retail credit, fund flow cash flow and ratio analysis. All the best to CCP aspirants and who r not I will advice dem dat dis exam is worth a try.
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