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Saturday 27 October 2012

PROFESSIONAL KNOWLEDGE FOR NMCCO CREDIT MANGER EXAMINATION IN FEB 2013 CREDIT MANGER NNMC

NATIONAL MICRO CREDIT CONTROL ORGANIZATION was announced exam for credit manger and other various posts.
Here is the exam pattern for Credit Manger, to be conducted by NMCCO.

Exam will consist of 4 sections namely:

  • Professional Knowledge
  • English Language
  • Quantitative Aptitude
  • Reasoning Ability


professional knowledge will have 40 carrying 90 marks
English Language will have 35 which is qualifying.
Quantitative Aptitude will have35 carrying 35 marks
Reasoning Ability will have 50 question carrying 70 marks.

Total Time Allotted will be 120 minutes.

For Credit manger,

A CREDIT MANAGER IS A PERSON WHO:
  • Controlling bad debt.
  • Monitors the Accounts 
  • Enforcing the "stop list".
  • Determine credit ceilings.
  • Setting credit-rating criteria.
  • Setting and ensuring compliance with a corporate credit policy.
  • Obtaining security interests where necessary. 
  • Initiating legal or other recovery actions against customers who faults's
Now form exam point of view following may  be asked in examination:
  1. Micro and Macro economics concepts like money, GDP etc etc....
  2. Finance related questions.  
  3. Decision making questions
  4. International financial organization. 
  5. Some popular definition of management.
For other post they need to have professional knowledge about the relevant post concerned. 

Best of Luck for the examination.

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