Sunday, 12 February 2017

Banking Questions Test (MCQ)- 20

1. One of the following is NOT a criteria to be satisfied to become              “ Qualifying assets” for loans disbursed by MFIs_____
a) Loan is up to 60000/- in the first cycle and 1 lac in subsequent cycle.
b) loans to borrowers whose household income p.a  in rural is up to 1 lac
c) loans to borrowers whose household income p.a  in urban is up to1.6 lac
d)  None of the above

2. One of the following is a criteria to be satisfied to become “ Qualifying assets” for loans disbursed by MFIs_____
a) Total indebted of the borrower is up to 1 lac   
b) Loan is collateral free
c) loan tenure is not less than.24 months when loan is >15000/-with right to borrower of pre payment without penalty
d) All the above

3. One of the following is a criteria to be satisfied to become “ Qualifying assets” for loans disbursed by MFIs___
a) Loan is repayable by weekly, fortnightly or monthly installments at borrower’s choice , 
b) Margin cap is maximum 10% for MFI having loan portfolio > 100 crore  c) Margin cap is maximum 12% for MFI having loan portfolio up to 100 crore  
d) All of the above

4. One of the following is a criteria to be satisfied to become “ Qualifying assets” for loans disbursed by MFIs____
a) Interest cost is to be calculated on average fortnightly balance of o/s dues
b) Interest income is to be calculated on average fortnightly balance of o/s loan portfolio of qualifying assets
c) Intt. Rate on individual loan will be average Base rate of 5 big comm.. banks (by assets) multiplied by 2.75 p.a or cost of funds plus margin cap ( whichever is less)   ,  
d) ALL of the above

5. Contingent liabilities / Off balance sheet items do not form part of  PSC target achievement . However, with certain conditions, it is allowed for ___
a)  PSBs   b)  Co- op Bank  c) Foreign Banks with < 20 branches, d) None
6. For computing credit equivalent of Off balance sheet exposures for PSC targets, Off balance sheet interbank exposures are___
a) Excluded   b) Included    c) Bank’s choice   d) Selective basis

7. The term – “”All inclusive interest”” means___
a) Effective annual interest 
b) Effective annual interest plus Processing fee
c) Effective annual interest plus Processing fee & service charge 
d) None of the above

8. The sub-target to achieve loan to minority community in PSC is –
a) 10%     b) 15%     c) 20%         d) Fair & equitable % within PSC

9. As per notification of GOI, the numbers of minority communities are___
a) 5             b) 6                 c) 7                  d) None
10.The minority concentrated districts are those where the minority population  out of total population constitutes at least_____

a) 18%        b) 20%              c) 25%                  d) None

Answer-
1
d
2
d
3
d
4
d
5
c
6
a
7
c
8
d
9
b
10
c

No comments:

Post a Comment