ICICI-CPG MCQ TEST MAY-2020
ICICI-CPG MCQ Test May 2020
Test your knowledge and understanding of the ICICI-CPG policies with this comprehensive MCQ quiz. Designed for professionals and learners alike, this quiz covers various topics related to property valuations, collateral requirements, and credit card norms.
Key Features:
- 62 challenging questions
- Score tracking
- Instant feedback on answers
For Metro location, 2 Valuation reports to be obtained in case of property valuation more than Rs.20 Mn?
ABC & Co. Has proposed for OD limit of Rs 10.0 Mn under Enterprise Loan program and they have provided us self-occupied commercial property situated in Gram Panchayat location as the only collateral having value of Rs 13.0 Mn (Land value is Rs 5.0 Mn and construction cost is Rs 8.0 Mn) and RM is insisting on accepting total value of this property for our collateral cover, with respect to property guidelines identify the correct option?
A) Commercial Property situated in Gram Panchayat property cannot be accepted
B) Only land value of up to Rs.10 Mn of such property can be considered
C) Full value can be considered by taking NFA from Head- Self Employed Segment and Head- Retail Credit Policy & National Credit MGR-BLG, RBC, CBF
D) We can consider full land value and 50% of construction value.
What is the collateral cover required in case of rented Residential proeprty in Vyapar Loan Program?
133%
125%
110%
180%
There is Settled Status in I Bank Credit Card in CIBIL of one of the Promoters. Case login for Rs.20 Mn?
A) Basic Go No Go norms not met
B) NFA availabe at Official from CPG (ZCM or above)
C) NFA availabe at Official from CPG (ZCH or above)
D) NFA availabe at Official from CPG (DGM or above)
Mr. A is having overdue in his CIIBL of Rs. 51,000/-. He has applied for OD limit of Rs. 21.0 Mn & providing collateral of 120%. At which level NFA to be obtained?
A. Sanctioning authority as per CAAM
B. Highest Authority as per JA
C. Business (CMII or above) & CPG (ZCH or above)
D. NFA not applicable
The firm has provided the rented Residential Proeprty in the GST OD Case. What is the Collateral Cover required?
110%
180%
90%
125%
What is the minimum score required in the One Pager of GST OD Case to proceed further with the sanction.
50
70
60
55
If the TOL/ATNW after considering the proposed exposure is 6.9, Can we proceed the case in EL?
YES
NO
In case of the GST OD, is CV loan considered in the calculation of the BBS?
A) No
B) Cannot Ascertain
YES
Basic Score require as per Score Card to process case under RCLP Program
60
55
50
65
M/s Sunshine Textile has requested limit of Rs.25 Mn under GST OD. Turnover as per GST Return of last twelve months is Rs.130 Mn. Customer is providing SORP having Valuation of Rs.29 Mn. PAT of FY19 is Positive & BBS is also below 35%. What is the Maximum limit that we can offer to Customer?
25MN
15MN
20MN
10MN
Maximum Size Vacant Land to be accepted (Without NFA) as per BLG Property Guidelines is?
A) 5000 Sq feet
B) 10000 Sq Feet
C) 15000 Sq Feet
D) 1000 Sq Feet
In BLG Property Guidelines, Residual Age of the Property should be minimum ___ Years?
A) 7 Years
B) 5 Years
C) 10 Years
D) 3 Years
In RBC, Spouse PDCs shall be compulsory for all partners in case of Unregistered Partnership Firm?
A) False
B) True
Industrial Land is classified under Negative Properties Category?
A) CAT B
B) CAT A
C) CAT C
D) CAT D
Bank Interest Income for MOD Eligibility to be calculated at what % on Average basis?
A) 100%
B) 50%
C) 75%
D) Not to be considered
Stock Audit needs to be conducted atleast once in a year for all WC exposured of Rs. __Mn and above where in the bank has charge on current asset?
A) Rs.30Mn
B) Rs.75Mn
C) Rs.100Mn
D) Rs.50Mn
Can BG Tenor for NHAI (Beneficiary) to be extended to 65 months?
a) No
B) Yes with NFA
Customer is running Channel Finance limit of Rs.30 Mn from HDFC Bank & requested limit of Rs.40 Mn under Multiple Banking to ICICI Bank. Which Assessment method is applicable??
A) Turnover Method
B) MPBF Method
Maximum tenor for Dropline OD under Enterprise Loan is ___Years?
A) 48 Months
A) 36 Months
C) 72 Months
D) 60 Months
In GST OD, Score as per Score Card is 51. Which statement is true in this scenario
A) Basic Go No Go norms not met
B) Processed with approval from Official from CPG (DGM or above)
C) One Level Higher as per CAAM to be process
D) Official from CPG (AGM or above)
Under GST OD, FDOD to be added in BBS Exposure.
A) False
B) True
How much maximum Performance Bank Guarantee of total exposure can be given under Enterprise Loan Program?
A. 70%
B. 75%
C. 50%
D. Any Value
M/s XYZ Limited has applied for OD limit of Rs. 30.0 Mn and BG limit of Rs. 30.0 Mn. Whether CMA to be prepared or not?
A. Yes
B. No
Customer has settled with I-Bank in below mentioned facility 5 years ago but yet case can be processed with NFA.
A. Home Loan
B. Auto Loan
C. Credit Card
D. Overdraft
Commercial property of Value Rs. 9.0 Mn situated in Gram panchayat Area. Can it be considered as collateral?
A. Only Land value up to 5.0 Mn to be considered
B. Cannot be considered
C. Rs. 9.0 Mn to be considered
D. Can be considered with NFA at RCH and RH
What is minimum amount to be sanctioned under Enterprise Loan program?
A. Rs. 2 Mn
B. Rs. 1 Mn
C. Rs. 0.5 Mn
D. Rs. 0.1 Mn
In GST - Business Loan Program, Maximum BBS allowed is
A. 30%
B. 35%
C. 40%
D. 50%
Under CGTMSE scheme, Total debt/ATNW along with NFA should be
A. 2.5 times
B. 3 times
C. 3.5 times
D. 4 times
Moratorium period cannot be allowed MOD program?
A. True
B. False
Client is engaged in garment exporters business; the case can be processed considering collateral cover of:
A. 90%
B. 100%
C. 100% or as defined in respective program whichever is higher
D. Cases cannot be processed
Client is running CC limit of Rs. 30 Mn with Yes bank and has applied for Rs. 30 Mn OD under Enterprise Loan. Limit calculation will done based on
A. Turnover method
B. MPBF method
C. None of the above
D. Any of the above
Residential Vacant land of 8000 Sq feet and without demarcation can be accepted without NFA
A. True
B. False
In case of female promoter - Property of husband's brothers can be accepted without NFA
A. True
B. False
Industrial land is covered under negative property category
A. A
B. B
A. C
D. Not to be considered as negative property
ABC Limited is builder operating at Cat A Location. Client has approached for OD of Rs. 30 Mn with SORP as collateral. What is the minimum collateral required?
A. 100%
B. 133%
C. 150%
D. 111.11%
PQR limited is into business of trading of Steel Scrap. Client has approached for OD of Rs. 10 Mn under RCLP with SORP as collateral having value of Rs. 8.5 Mn. Can same be processed?
A. Yes
B. No
Maximum DLOD tenor under EC
A. 60 Months
B. 84 Months
C. 36 Months
D. 48 Months
Banking statement should not be older than 45 from the date of ____________
A. Sanction
B. Disbursement
C. login SR
D. Receipt of file
What is the maximum exposure that can be funded under MOD program?
A. Rs. 100 Mn
B. Rs. 75 Mn
C. Rs. 50 Mn
D. Rs. 200 Mn
Enhancement in Vyapaar loan to be given on 90% LTV for industrial property in industrial area with NFA.
A. True
B. False
Under MOD program, in case of external BT can we grant tenor greater than residual tenor of the original LAP?
A) Yes
B) No
Will Cigarette trader is classified under negative profile as per negative/caution profile norms?
A) No
B) Yes
If client is closing existing CC/OD limit prior to disbursement or same was closed by customer from its own fund, Then BT norms are applicable or not ?
A) Yes - Applicable
B) Not Applicable
For eligible under Saral Vriddhi method of enhancement how much is the maximum limit of existing limit with ICICI Bank ?
A) Rs.20.0 Mn
B) Rs.25.0 Mn
C) Rs.30.0 Mn
D) Enhancement under this method can be done irrespective of existing limit
What is the Finacle shortcut for LC and BG query respectively?
A) HLTI and MEOB
B) DCQRY and HGI
C) DCQRY and HACLI
D) HLTL and MEOB.
Identify the correct statement as per ETRGTRPTR exceptional guidelines?
A) In case of CC/OD limit and TL/DLOD, balance can be available in any current and CC/OD account
B) In case of CC/OD limit, balance can be available in any current and CC/OD account, however in case of TL/DLOD balance can be available in any current account only
C) In case of CC/OD limit, balance can be available in any current account only, however in case of TL/DLOD balance can be available in any current and CC/OD account
D) In case of CC/OD limit and TL/DLOD, balance can be available in any current account only.
A case is logged on 10.03.2020 and date of incorporation of borrower is 01.08.2019. However client is ready to provide corporate guarantee of its sister concern in same line of business with common promoters whose date of incorporation is 01.04.2015, please confirm whether this can be processed under which of the following program (s):?
A) Enterprise Credit (EC)
B) Retail Credit Lending Program (RCLP)
C) Both of the above
D) None of the above.
ABC Pvt Ltd has requested for fresh OD limit of Rs 20.0 Mn under RCLP program and score as per scorecard is 60, whether this case can be processed?
A) Yes
B) Yes with NFA from leadership authorization matrix
C) No it is a go-no-go norm
ABC Pvt Ltd is an existing customer involved in manufacturing of copper wire and using OD limit of Rs 40.0 Mn under ACL program. Client has now approached for enhancement of OD limit upto Rs 60.0 Mn and per latest audited financials, turnover of client is Rs 1,050.0 Mn and gross block of plant & machinery of Rs 115.0 Mn. Subject to compliance of assessment norms can be process for OD limit of Rs 60.0 Mn under ACL program?
A) Yes
B) No
As per CPG Operating Guidelines, under impact process when a RM have to assign case login SR to CPG tray?
A) At the time of file submission to credit team
B) Once file is complete and is counter sign by login desk
C) After scan file is send to CPA
D) Once final CAM is received from CPA.
One of our client has requested for fresh OD limit of Rs 20.0 Mn and Term Loan of Rs 5.0 Mn against used/old plant & machinery. As per valuation report value of these plant & machinery is Rs 10.0 Mn and shell life is 4 years, what is the maximum tenor for which we can give Term Loan?
A) 2 years
B) 3 years
C) 4 years
D) 5 years
A case is sanctioned for OD limit of Rs.50.0 Mn under ACL program, which of the following will be required?
A) Charge on current assets, stock audit and stock statement
B) Charge on current assets
C) Charge on current assets and stock statement
D) Stock audit and stock statement.
ABC & Sons is in the business of rice miller and they have provided us standalone Self Occupied Industrial Property, for accepting such property minimum authority will be?
A) Official from CPG (RCH or above) and official from Business (RH or above)
B) Official from CPG (RCH or above) and official from Business (ZH or above)
C) Official from CPG (NCH or above) and official from Business (ZH or above)
D) Case is not doable.
ABC & Co has approached for CC limit of Rs 1.0 Mn under CGTMSE program, business vintage of this firm is 1.5 years. Can we process this case under CGTMSE?
A) Yes
B) Yes with NFA at RCH level
C) Yes with NFA at one level higher
D) No.
ABC & Co – proprietorship firm of Mr. Ramesh has approached for OD limit of Rs.10 Mn in GST OD program. The property provided as collateral is residential property owned by sister of proprietor. What will be minimum sanctioning authority?
A) As per CAAM
B) AGM or above from CPG & AGM or above from RBG
C) DGM & above from RBG & DGM & above from CPG
D) Proposal is not doable.
Customer A/Firm A wants fresh funding under Suvidha Variant, Can we do funding under the same?
A) Yes
B) No
RM has logged in case of ABC Tours & Travels for OD limit of Rs 10 Mn under Express OD program, turnover of FY 2016-17 was Rs 100.0 Mn, FY 2017-18 was Rs 150.0 Mn and FY 2018-19 was Rs 200.0 Mn and YTD turnover till Feb 2020 is Rs 220.0 Mn, subject to meeting assessment and collateral norms can we sanction this limit?
A) Yes
B) No
Waiver for spouse PDC under BLG program will be required from which of the following authority?
A) No approval required
B) Sanctioning Authority
C) One level higher authority
D) Official from CPG (RCH or above).
Under RBC, Vacant Industrial Property is not accepted.
A) True
B) Accepted with Approval from CPG (DGM or above)
C) Accepted with Approval from CPG (RCH or above)
D) Accepted with Approval One level higher as per CAAM
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