IIBF CCP EXAM RECOLLECTED QUESTIONS 2024

IIBF CCP EXAM RECOLLECTED QUESTIONS 2024

CCP EXAM RECOLLECTED QUESTIONS:- If you are preparing for the coming CCP Exam of IIBF this year or the next, you should not miss out on the memory-recalled questions from the previous CCP Exams. As surely these questions or topics will help you in the Upcoming Exam of CCP 2024. 

• What is the Break-even point? (Direct question from credit management)
• Case study on commercial paper (5 marks)
• Numerical on Payback period (2 marks)
• Simple calculations on (NPV) Net Present Value, Internal Rate of Return (IRR) (6 marks)
• Calculation of DSCR (Debt-Service Coverage Ratio) 5 marks
• Working capital questions from Nayak method, MPBF (Maximum Permissible Banking Finance) method 1 & 2
• Numerical on Debtor Turnover Creditors Turnover (4 marks)
• Numerical on Interest Coverage Ratio (1 mark)
• Numerical & theoretical questions on Inventory turnover ratio & what having a high turnover ratio means.
• What is a DDA (demand deposit account)?
• What are Fair code practices as per MSME? (3 theoretical questions)
• What are the characteristics of a Limited Liability Partnership (LLP)?

Important Topic:- CCP STUDY MATERIAL – CERTIFIED CREDIT PROFESSIONAL 2022

• What is the recent categorization basis done under MSMEs? 
• What is the eligibility for micro-enterprise?
• The concept of Commercial paper & the maximum & minimum requirements for the lot size?
• What is the Cardinal principle of lending? 
• What are the characteristics of Credit policy and what are its uses? (2 theory questions)
• What are the characteristics of the Pledge? (1 theory question)
• What is a Letter of Credit? What are the sight and green clauses under the letter of credit (2 questions)
• What is the difference between Consortium & syndication? (1 question)
• What do you mean by the Priority sector? What is it’s the limit of housing loans in metropolitan cities?
• What do you mean by Collateral?
• What information is required for the calculation of Net Present Value (NPV) & Internal Rate of Return (IRR)?

Important Topic:- IIBF CCP EXAM NOTIFICATION | Certified Credit Professional

• What is the Cash budget method that is used for seasonal business? 
• What are the eligibility requirements for the Dimond dollar account and for what purpose this account is used?
• What is Kimberley Process Certification Scheme (KPCS) as notified by RBI?
• What is Factoring & forfeiting? What are the basic characteristics of Factoring & forfeiting? (3 questions)
• What is the time limit for ROC registration?
• What do you mean by Corrective Action Plan (CAP)?
• Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI) is set up under which act?
• What is the classification of Special Mention Account-2 (SMA2)?
• What is an early warning of distress account?
• What is the full form of MUDRA?

Important Topic:- IIBF CCP MOCK TEST – CERTIFIED CREDIT PROFESSIONAL 2022

• What is the age limit and income criteria for Pradhan Mantri Jan Dhan Yojana (PMJDY) OD?
• How a resolution plan is Implemented? (2 questions)
• What are the functions of the Insolvency and Bankruptcy Code, 2016 (IBC)?
• What is Debt-Service Coverage Ratio (DSCR) & how it is calculated?
• How do we calculate Break-Even Point? 
• What is the Internal Rate of Return (IRR) & Average Rate of Return or Accounting Rate of Return (ARR)?
• What is the Turnover Ratio and what does it indicates or show?
• What is IBC (method)?
• What is the 1&2 method of Maximum Permissible Bank Finance?
• Questions related to MSME (Ministry of Micro, Small and Medium Enterprises) 
• What do you mean by Co-acceptance?
• What is ICR (interest coverage ratio)?
• What do you mean by Rating Agency? And which are the rating agencies in India?
• What is the full form of CRILC? 
• What are the different types of letters of Credits facility?
• What do you mean by Limited Liability Partnership?
• What do you mean by MCLR (Marginal Cost of Lending Rate)?
• What do you mean by PCFC (Pre-shipment Credit in Foreign Currency)?

CCP: (Most important Topics Exam point of view)

• What is TReDS?
• Calculations of Ratios & their meaning.
• What is the Interest coverage ratio & what does it indicate?
• What do you mean by the Debt equity ratio?
• What is the Restructuring of MSME?
• What is the Payback method? 
• What is SMA0?
• What is the process of Loan disbursement in MSME Rs.25,000 to 5,00,000.00?
• How is the Resolution of stressed assets is done?
• Calculation with EOQ
• What is the Frequency of Letter of Credit opening?
• What is an Equitable mortgage?
• The concept of a mortgage. 
• How can we check a loan applicant (due diligence)?
• How can we check that the trade receivables are correctly mentioned by borrowers?

Acts such as: 

• Indian Contract Act. 
• Transfer of Property Act. 
• SARFAESI Act. 
• Insolvency Act
• Bank can get the right of title to good under:
• Hypothecation
• Pledge
• Lien
• Assignment
• What are BEP, Interest Coverage Ratio, and Quick Ratios? 
• Two Case studies on IRR, NPV, Project evaluation, etc. 
• MSME theoretical case studies on Revitalization of Asset.
• Case study on Insolvency Proceedings Act 
• Case study on NCLT 
• What is the Time limit for the handling of an objection that is raised by the borrower under SARFAESI?
• What is the ideal CR under MPBF (Maximum Permissible Banking Finance) method 2?
•  Whether passage time is included in education loans that are provided for abroad studies?
• What is the Cash margin for a Letter of Credit, and where should it be classified in the Balance Sheet?
• What is the eligibility criteria for KCC (Kisan Credit Card) loan?
• Non-Performing Assets that remain as one between 31 to 60 days are classified under which category of SMA?
• Calculation of inventory is given in which form of financial statements, form I, II, III or IV?
• What is the margin requirements for Crop loans?
• Important Topic:- CCP EXAM 2024: ELIGIBILITY, SYLLABUS, AND STUDY MATERIAL
• What does the Balance sheet snapshot show?
• What is the loan period of KCC?
• What is a back-to-back Letter of Credit?
• What are CMA reports?
• Tribunals such as NCLT & DRT
• SARFASAI
•  What is the large exposure norm?
•  What basis is used for the calculation of the Turnover method? Gross or net sales?
•  Which method of MPBF (Maximum Permissible Banking Finance) is customer friendly?
• Accounting ratios
• Classification of Ratios: 
• Profit & Loss Ratios
• Balance Sheet Ratios
• Composite or Inter-Statement Ratios
• Profitability
• Turnover or Activity Ratios
• Financial or Solvency Ratios: They may be further classified as Short-Term Ratios Liquidity Ratios or Long-Term Ratios

Go through the above topics or questions as they are the most asked topics in the CCP Exam. You can also go through the brief notes & Mock Tests that have been prepared by Learning Sessions. 

You can check them out right here:

• CCP Short Notes: Part 1
• CCP Short Notes: Part 2
• CCP Mock Tests
• CCP Study Material