Ecs2605 exam questions - Study guides, Study notes & Summaries

ECS2605 UPDATED EXAM PACK (Including May/ June 2020 - 2021 Memo) SECTION A – COMPULSORY ESSAY QUESTIONS Answer ALL of the following questions in the space provided. Section A counts 20 marks in total. (a) What is a credit rating? (2) A credit rating is an evaluation of the credit risk of a prospective debtor, predicting their ability to pay back the debt, and an implicit forecast of the likelihood of the debtor defaulting. (b) Why does South Africa’s recent sovereign credit ratin...

ECS2605 COMPLETE EXAM STUDY PACK. Examination Section A (compulsory essay questions) [20] • Refer to TL101 for list of questions Section B (elective essay questions) [2x15=30] • Answer 2 of 3 questions • Refer to TL101 for study units Section C (multiple choice questions) [25x2=50] • Format: one stem and five alternatives of which only one is correct • Read very carefully Structure of the rest of the presentation • The SARB and the banking system • Regulation in gene...

ECS2605 EXAM PACK. ECS2605 - South African Financial System. What is a credit rating? (2) A credit rating is an evaluation of the credit risk of a prospective debtor, predicting their ability to pay back the debt, and an implicit forecast of the likelihood of the debtor defaulting. (b) Why does South Africa’s recent sovereign credit rating downgrade imply higher funding costs for the government? (2) Clients need to know that there is a direct correlation between the level of long-term i...