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AIWMI CCRA-L2 Exam - Topic 3 Question 3 Discussion

Actual exam question for AIWMI's CCRA-L2 exam
Question #: 3
Topic #: 3
[All CCRA-L2 Questions]

Following is information related banks:

Auckland Ltd is a public sector bank operating with about 120 branches across Indi

a. The bank has been in business since 1971 and has about 40% branches in rural areas and about 75% of all branches are in

Western India. On the basis of the size, Auckland Ltd will be ranked at number 31 amongst 40 banks in India.

Although top management has appointment period of 5 years, generally they retire on ach sieving age of 60 years with an average tenure of only 2 years at the top job.

Profit and Loss Account

Balance Sheet

The rating wise break-up of assets for FY11 is as follows:

Cost to income ratio is best for which year

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Suggested Answer: A

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Kristin
5 months ago
Wait, they rank 31 out of 40? That's surprising!
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Andra
5 months ago
Totally agree, the management turnover is concerning!
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Jeanice
5 months ago
Only a 2-year average tenure for top management? That seems low.
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Paris
5 months ago
40% of branches in rural areas is impressive!
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Timothy
5 months ago
Auckland Ltd has been around since 1971, wow!
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Herminia
6 months ago
Hmm, this looks straightforward. I'll just need to find the "Velociraptor" list item and change its level.
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Eve
6 months ago
Okay, let me think this through step-by-step. I need to focus on the key aspects of an effective AML regime.
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Verdell
6 months ago
Hmm, I'm a little unsure on this one. I know controlled substances have different scheduling, but I can't remember the specifics off the top of my head. I'll have to think this through carefully.
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