Mock Test for Promotion Exams Jan 11, 2024 Misc Quiz on Loans Page 1 of 38 As per criteria of classification proposed for MSME, what is the Small manufacturing unit. The manufacturing units having turnover of more than 1 crore and up to 2 crores. The manufacturing units having turnover of more than 5 crores and up to 25 crores. The manufacturing units having turnover of more than 5crore and up to 75 crores. The manufacturing units having turnover of more than 25 crores and up to 75 crores. Page 2 of 38 Any reverse graduation in the MSME classification will be effective ______?b) c) d) e) None of these One year after the year of registration From the beginning of the next calendar year From the beginning of the next financial year Immediately from the date of reverse graduation NOA Page 3 of 38 As priority sector guideline, which of the following/s is/are true? 20 per cent year-on-year growth in credit to micro and small enterprises 10 per cent annual growth in the number of micro enterprise accounts 60 per cent of total lending to MSE sector as on 31st March of previous year to Micro enterprises All of the above Page 4 of 38 The target for Loans to weaker section under Priority Sector Lending is? 7.5 % of ANBC or CEOBE whichever is higher 10% of ANBC or CEOBE whichever is higher 11.5% of ANBC or CEOBE whichever is higher 12% of ANBC or CEOBE whichever is higher 18% of ANBC or CEOBE whichever is higher Page 5 of 38 Bank loans to affordable Housing projects shall be considered as Priority sector provided at least 50% of FAR/ FSI is used for dwelling units with carpet area of not more than 30 Sq.mt 60 Sq.mt 120 Sq.mt 160 Sq.Mt 200 Sq.mt Page 6 of 38 What is R stands for in TReDS? Receivables Rediscounting Refinancing Revival NOA Page 7 of 38 The sum of all exposure values of a bank measured as specified in the RBI guidelines, to a counterparty or a group of connected counterparties is defined as a ?Large Exposure (LE), if it is equal to or above ___ percent of the banks eligible capital base? 5% 10% 20% 25% 0.30 Page 8 of 38 Under Large Exposure Framework, The sum of all the exposure values of a bank to single counterparty must not be higher than __% of the bank's available eligible capital base at all times 10% 20% 25% 30% NOA Page 9 of 38 The loans proposed to be taken over from the Bank/ FI should have minimum ____ of regular repayment History from the date of first repayment 6 Months 12 Months 18 Months 24 Months NOA Page 10 of 38 How much of direct exposure is allowed in Capital Market by a Bank? 15% of the Net Worth 15% of the Off balance sheet items 17.5% of Net Worth 20% of Net Worth 20% of the Off balance sheet items Page 11 of 38 The Single Borrower Limit (other than LEF) for partnership Firms is Rs.50 crore Rs.100 Crore Rs.400 crore Rs.500 crore NOA Page 12 of 38 Find the incorrect one ?Exposure ceiling for single/group borrower non-infrastructure (other than LEF): Individual : 50 crores Partnership firms including LLP :100 crore Proprietary concerns 100 crores Ship breaking industry :400 crores Aviation industry :500 crores Page 13 of 38 The Exposure Ceiling Limit of Rs.100 crores fixed for Single Trust/ Society and 3% fixed for aggregate Trust/ Society accounts are not applicable for exposure of Trusts/ societies which are? Externally rated AA guaranteed/promoted or supported by state/central governments Externally rated AAA Externally rated BBB and above Only 1 & 2 ALL OF THE ABOVE Page 14 of 38 Which one is correct for Exposure Limit for Trust/Society: Aggregate exposure to Trust and society not to exceed 3% of GDE Single borrower limit not exceeding 100 crores For InVITs (Infrastructure investment trusts) single borrower limit not to exceed 400 crores. For trust/societies rated AA guaranteed/promoted or supported by state/central governments and accounts rated AAA exempted from 100 crores ceiling. All are correct Page 15 of 38 Exposure Ceiling limit for NBFC with gold loans to extent of 50% or more of its total financial assets 7.5% of Tier 1 plus Tier 2 capital as per last ABS 12.5% of Tier 1 plus Tier 2 capital as per last ABS 20% of Tier 1 capital as per last ABS 25% of Tier 1 capital as per last ABS None of the above Page 16 of 38 Which statement is correct while sanctioning Adhoc limits Branches (excluding MSME’s) do not have powers to sanction adhoc limits. Period of adhoc – not exceeding 90 days Only performing working accounts with valid sanction and limits in force are eligible. Newly sanctioned are eligible for adhoc only after 120 days from date of sanction of limit. All are correct Page 17 of 38 Under consortium Due diligence report for machineries/equipment shall be waived from agencies such as D&B, CRISIL, Experian etc on supplier of machineries.If? Machinery / equipment with value of below Rs. 50 lac or 5% of total cost of machinery whichever is more. Machinery / equipment with value of below Rs. 50 lac or 5% of total cost of machinery whichever is less. Machinery / equipment with value of below Rs. 25 lac or 5% of total cost of machinery whichever is more. Machinery / equipment with value of below Rs. 25 lac or 5% of total cost of machinery whichever is less NOA Page 18 of 38 Ceiling limit Exposure to Collective Investment Undertakings (CIUs), securitization vehicles and other structures-adoption of ?Look Through Approach? (LTA) is should not exceed 0.25% of bank's Tier I capital as per last audited B/S should not exceed 25.00% of bank's Tier I capital as per last audited B/S should not exceed 50.00% of bank's Tier I capital as per last audited B/S should not exceed 0.50% of bank's Tier I capital as per last audited B/S should not exceed 0.75% of bank's Tier I capital as per last audited B/S Page 19 of 38 NPLL stands for Net permitted lending limit Normally permissible loan limit Normally permitted lending limit Net profit to lending limit Page 20 of 38 Normally permitted lending limit (NPLL), means ___ of the incremental funds raised by the specified borrower over and above its ASCL from the date it becomes a specified borrower? 20 % 25 % 35% 50% NOA Page 21 of 38 Incremental Exposure of the banking system to a specified borrower beyond NPLL shall attract? Additional provision of 3% Additional Risk weight 75% Both a & b None of the above Page 22 of 38 Complete vetting of documents is to be done by Bank's panel lawyer before release of funds at various levels aggregating ? Rs 50 lakh and above Rs 1 crore and above Rs 5 crore and above compulsory for all advances Not required Page 23 of 38 CMA data along with Audited balance sheet is to be called for working capital limits of Rs ___ & above Rs. 10.00 Lakhs Rs.25 Lakhs Rs. 50 Lakhs Rs. 1.00 Crore Rs.2.00 Crore Page 24 of 38 Fresh proposals for sanction of credit limits to be referred to New Business Committee (NBC) are? Above Rs.15 crore for FB+ NFB and above Rs.7.50 Cr only NFB Above Rs.10 crore for FB+ NFB and above Rs.7.50 Cr only NFB Above Rs.15 crore for FB+ NFB and above Rs.5 Cr only NFB Above Rs.10 crore for FB+ NFB and above Rs.7.50 Cr only NFB NONE OF THESE Page 25 of 38 Aggregate exposure [credit and non-credit facilities (viz. letters of credit and guarantees) of the Bank to Indian Joint Ventures where the holding by the Indian Company is more than 51% Wholly Owned Subsidiaries abroad 20% of Bank's unimpaired capital Funds (Tier I and Tier II Capital) 25% of Bank's unimpaired capital Funds (Tier I and Tier II Capital) 35% of Bank's unimpaired capital Funds (Tier I and Tier II Capital) 50% of Bank's unimpaired capital Funds (Tier I and Tier II Capital) NOA Page 26 of 38 CEILING FOR GOLD (METAL) LOAN -REGULATORY LIMIT: The aggregate of gold loan borrowing / other non-funded commitments for the purpose of providing gold loans to domestic jewellery manufacturers and exporters shall not exceed __% of Tier-I capital of the Bank 10% 20% 25% 50% NONE OF THESE Page 27 of 38 In order to monitor loans having longer maturity period effectively, a ceiling is fixed for Bank?s exposure to loans with residual maturity of over 3 years to ___% of gross domestic advances outstanding as at the end of previous quarter 0.25 0.35 0.50 NOA Page 28 of 38 Legal audit has to be done once in ____ for all the sanctioned limits of Rs.____ and above for all standard accounts 36 Months & Rs.1 crore 36 Months & Rs.5 crore 27 Months & Rs.1 crore 27 Months & Rs.5 crore NOA Page 29 of 38 Agencies for Specialized Monitoring (ASM) are to be appointed for all new Solely banking Credit exposures of? Rs 50 Crore & Above Rs100 Crore & Above Rs 150 Crore & Above Rs250 Crore & Above None of the above Page 30 of 38 Registering charge with CERSAI is done as per: SARFAESI ACT Transfer of Property Act N.I. Act CERSAI Act Non of the above Page 31 of 38 RBI grants loans to Banks against Govt Securities with a condition of repurchase by the bank at? Bank Rate Repo rate Reserve Repo rate MCLR RLLR Page 32 of 38 Loan against KVP can be sanctioned by keeping margin of 25% on Face value 25% on face value plus accrued interest 50% on face value 50% on face value plus accrued interest NOA Page 33 of 38 For time barred debts which is applicable? LIEN SET OFF BOTH LIEN & SET OFF EITHER LIEN OR SET OFF NOA Page 34 of 38 For loans of Rs.___ and above, Central Economic Intelligence Bureau (CEIB) report to be called before sanction Rs.5 crores Rs.10 crores Rs.50 crores Rs.100 crores NOA Page 35 of 38 Unsecured exposure in the context of bank loans means where the quantum security value is ? 10% or Less of the total loan amount 20% or Less of the total loan amount 25% or Less of the total loan amount 50% or Less of the total loan amount 90% or Less of the total loan amount Page 36 of 38 Charge on the Actionable claim is by way of ??. Lien marking Pledge Assignment Reverse Mortgage Set off Page 37 of 38 What is the Time Limit for registration of equitable mortgage charge with CERSAI? Same day along with documentation within 30 days within 60 days within 90 days NOA Page 38 of 38 Margin for Loan against NSC ? 10 % on Face Value plus Accrued Interest 20 % on Face Value plus Accrued Interest 25 % on Face Value plus Accrued Interest 50 % on Face Value plus Accrued Interest NOA View ResultsPlease provide your contact information to proceed.Email Address *First Name *Consent *Yes, I agree with the privacy policy and terms and conditions.Start Quiz
