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Exam Feedback May 2017 Part 2 Exam Feedback

Omg, this is one of the most confused post exam discussions i am reading,even after referring the books we (I) are(am)not clear which answer is right or which is wrong.

I strongly feel the exam has tricked us into feeling easy and it is far far from that. Lots of extremely tricky questions. It will be challenging to guess how i did it. Now when people ask how i did the exam,instead of saying good or bad, i am just saying i don't know
and therefore i dnt think this exam was easy as people have commented. It was deceptively easy though. :)
 
I chose the same answer. I remembered it said that there is no correlation between deposit rate and deposit amount. So even if they raise the deposit rate, the demand deposit may not increase but deposit interest to be paid will increase. So it couldn't be certain that liquidity coverage ratio will increase.
I choose LCR decreases because customers will move their deposits to other banks, not sure if thats right
 
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I choose NSFR decreases because customers will move their deposits to other banks, not sure if thats right
I understand that deposit rate is the interest rate paid by financial institutions to deposit account holders, if the deposite rate increase, the bank should pay more interest to their clients. Therefore the numerator of RAROC decrease and also the RAROC. Do you agree?
 
I understand that deposit rate is the interest rate paid by financial institutions to deposit account holders, if the deposite rate increase, the bank should pay more interest to their clients. Therefore the numerator of RAROC decrease and also the RAROC. Do you agree?
I think they were asking about NSFR liquidity impact, not sure what RAROC has to do with it?
 
This is my gut feel...i dont think it can go beyond like 40 or 44 max..someone on this forum quoted 50 to 55 thats around 63% to 70% score..which is impossible for a minimum percentile score unless grap wants to have a passing rate of around 25% only...GARP has been maintaining a pass rate of around 55% and we are only handful of people discussing things on forum..there are many and i believe 99% of the people who are not commenting on this forum. On this forum only i can say majority of us assuming having a decent paper wud be expecting 50-55 then not in any case the cutoff can be around 50 to 55...my belief is 40 expected with upward bias of 44
last year Nov 16 was 50 whuch was harder than this one
 
68 which is avg of top5 percent of 2800 passed people * 0.75
Where do you get these numbers from?..like 68 as top 5th percentile,2800 and garp using 75% of that as cuttoff?..look i am not doubting but 50 seems to be pretty high for 55% of the people to clear..wud be great if u can share the source
 
Where do you get these numbers from?..like 68 as top 5th percentile,2800 and garp using 75% of that as cuttoff?..look i am not doubting but 50 seems to be pretty high for 55% of the people to clear..wud be great if u can share the source
68 is average of top 5% passed people. every exam has about 2500 to 2800 passed people. So last year cutoff is 68 *0.75 which is over 50.
From other forums I got.
 
68 is average of top 5% passed people. every exam has about 2500 to 2800 passed people. So last year cutoff is 68 *0.75 which is over 50.
From other forums I got.
Sorry man..but looks difficult to digest..since garp never publishes the algorithm for cutoff and count of people clearing..also the results that get published only reflect the quartiles and not the scores..+ i may be wrong but bionic is the only forum where i have seen maximum viewpoints of exam takers..
 
Sorry man..but looks difficult to digest..since garp never publishes the algorithm for cutoff and count of people clearing..also the results that get published only reflect the quartiles and not the scores..+ i may be wrong but bionic is the only forum where i have seen maximum viewpoints of exam takers..
Then have you seen a person who got passed with 40 to 45 out of 80?
 
I found the Part II exam to be much easier than the Part I exam, even though I thought the material in Part II to be more difficult. The calculation questions, with the exception of a few, were very simple. If you knew that the hazard rate = spread/(1-RR) you got 3-4 questions right there! There were a lot more conceptual questions than I was prepared for, but I thought they were fair and many could be figured out based on intuition alone. Also, the questions were not too long... I finished the entire exam in 2hrs 15mins before checking it over and leaving early.
 
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