Free CCRA-L2 – Certified Credit Research Analyst Level 2 Practice Test Question

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Question 1 (Credit Rating – Internal and External)

What is the primary purpose of Internal credit rating?

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  • ○ Grade borrower risk within bank
  • ○ Provide independent opinion on creditworthiness
  • ○ Indicate likely future rating direction
  • ○ Signal worsening borrower credit quality

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