MP Test Series-II
MP Test Series-II Quiz
Welcome to the MP Test Series-II Quiz, designed for professionals seeking to enhance their knowledge in financial services, property valuation, and credit assessment. This quiz consists of 63 questions that cover various aspects of loan programs, property guidelines, and compliance measures.
Challenge yourself and discover:
- Understanding of valuation norms in non-metro locations
- Knowledge about credit programs and their eligibility criteria
- Insights into collateral evaluation and risk assessment
For Non Metro location, 2 Valuation reports to be obtained in case of property valuation more than Rs.20 Mn?
True
False
Under MOD program, in case of external BT can we grant tenor greater than residual tenor of the original LAP?
Yes
No
Will Cigarette trader is classified under negative profile as per negative/caution profile norms?
No
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 ?
Yes - Applicable
Not Applicable
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?
Commercial Property situated in Gram Panchayat property cannot be accepted
Only land value of up to Rs.10 Mn of such property can be considered
Full value can be considered by taking NFA from Head- Self Employed Segment and Head- Retail Credit Policy & National Credit MGR-BLG, RBC, CBF
We can consider full land value and 50% of construction value.
For eligible under Saral Vriddhi method of enhancement how much is the maximum limit of existing limit with ICICI Bank ?
Rs.20.0 Mn
Rs.25.0 Mn
Rs.30.0 Mn
Enhancement under this method can be done irrespective of existing limit
Identify the correct statement as per ETR GTR PTR exceptional guidelines?
In case of CC/OD limit and TL/DLOD, balance can be available in any current and CC/OD account
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
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
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):?
Enterprise Credit (EC)
Retail Credit Lending Program (RCLP)
Both of the above
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?
Yes
Yes with NFA from leadership authorization matrix
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?
Yes
No
As per CPG Operating Guidelines, under impact process when a RM have to assign case login SR to CPG tray?
At the time of file submission to credit team
Once file is complete and is counter sign by login desk
After scan file is send to CPA
Once final CAM is received from CPA.
A case is sanctioned for OD limit of Rs.50.0 Mn under ACL program, which of the following will be required?
Charge on current assets, stock audit and stock statement
Charge on current assets
Charge on current assets and stock statement
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?
As per CAAM
AGM or above from CPG & AGM or above from RBG
DGM & above from RBG & DGM & above from CPG
Proposal is not doable.
Waiver for spouse PDC under BLG program will be required from which of the following authority?
No approval required
Open NFA Norms
One level higher authority
Official from CPG (RCH 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?
Sanctioning authority as per CAAM
Highest Authority as per JA
Business (CMII or above) & CPG (ZCH or above)
NFA not applicable
How much maximum Performance Bank Guarantee of total exposure can be given under Enterprise Loan Program?
70%
75%
50%
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?
Yes
No
Customer has settled with I-Bank in below mentioned facility 5 years ago but yet case can be processed with NFA.
Home Loan
Auto Loan
Credit Card
Overdraft
Commercial property of Value Rs. 9.0 Mn situated in Gram panchayat Area. Can it be considered as collateral?
Only Land value up to 5.0 Mn to be considered
Cannot be considered
Rs. 9.0 Mn to be considered
Can be considered with NFA at RCH and RH
What is minimum amount to be sanctioned under Enterprise Loan program?
Rs. 2 Mn
Rs. 1 Mn
Rs. 0.5 Mn
Rs. 0.1 Mn
In GST - Business Loan Program, Maximum BBS allowed is
30%
35%
40%
50%
Under CGTMSE scheme, Total debt/ATNW along with NFA should be
2.5 times
3 times
3.5 times
4 times
Moratorium period cannot be allowed MOD program?
True
False
Client is engaged in garment exporters business; the case can be processed considering collateral cover of:
90%
100%
100% or as defined in respective program whichever is higher
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
Turnover method
MPBF method
None of the above
Any of the above
Residential Vacant land of 8000 Sq feet and without demarcation can be accepted without NFA
True
False
In case of female promoter - Property of husband's brothers can be accepted without NFA
True
False
Industrial land is covered under negative property category
A
B
C
Not to be considered as negative property
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?
Yes
No
Maximum DLOD tenor under EC
60 Months
84 Months
36 Months
48 Months
Banking statement should not be older than 45 from the date of ____________
Sanction
Disbursement
Login SR
Receipt of file
What is the maximum exposure (Mn) that can be funded under MOD program?
100
75
50
200
Enhancement in Vyapaar loan to be given on 90% LTV for industrial property in industrial area with NFA.
True
False
Enhancement in Vyapaar loan to be given on 90% LTV for industrial property in industrial area with NFA.
True
False
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
What is the collateral cover required in case of rented Residential proeprty in Vyapar Loan Program?
133%
125%
110%
180%
In case of the GST OD, is CV loan considered in the calculation of the BBS?
No
Yes
Cannot Ascertain
There is Settled Status in I Bank Credit Card in CIBIL of one of the Promoters. Case login for Rs.20 Mn?
Basic Go No Go norms not met
NFA availabe at Official from CPG (ZCM or above)
NFA availabe at Official from CPG (ZCH or above)
NFA availabe at Official from CPG (DGM or above)
Basic Score require as per Score Card to process case under RCLP Program
60
50
65
55
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?
Rs.25Mn
Rs.15Mn
Rs.20Mn
Rs.10Mn
Under RBC, Vacant Industrial Property is not accepted.
True
Accepted with Approval from CPG (DGM or above)
Accepted with Approval from CPG (RCH or above)
Accepted with Approval One level higher as per CAAM
Maximum Size Vacant Land to be accepted (Without NFA) as per BLG Property Guidelines is?
5000 Sq feet
10000 Sq Feet
15000 Sq Feet
1000 Sq Feet
Under RBC, Vacant Industrial Property is not accepted.
True
Accepted with Approval from CPG (DGM or above)
Accepted with Approval from CPG (RCH or above)
Accepted with Approval One level higher as per CAAM
Maximum Size Vacant Land to be accepted (Without NFA) as per BLG Property Guidelines is?
5000 Sq feet
10000 Sq Feet
15000 Sq Feet
1000 Sq Feet
In BLG Property Guidelines, Residual Age of the Property should be minimum ___ Years?
7 Years
5 Years
10 years
15 years
In RBC, Spouse PDCs shall be compulsory for all partners in case of Unregistered Partnership Firm?
False
True
Industrial Land is classified under Negative Properties Category?
CAT B
CAT A
CAT C
CAT D
Bank Interest Income for MOD Eligibility to be calculated at what % on Average basis?
100%
50%
75%
Not to be considered
Stock Audit needs to be conducted atleast once in a year for all WC exposure of Rs. __Mn and above where in the bank has charge on current asset?
Rs.30Mn
Rs.75Mn
Rs.100Mn
Rs.50Mn
Can BG Tenor for NHAI (Beneficiary) to be extended to 65 months?
No
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??
Turnover Method
MPBF Method
Maximum tenor for Dropline OD under Enterprise Loan is ___Years
48 Months
36 Months
72 Months
60 Months
In GST OD, Score as per Score Card is 51. Which statement is true in this scenario
Basic Go No Go norms not met
Processed with approval from Official from CPG (DGM or above)
One Level Higher as per CAAM to be process
Official from CPG (AGM or above)
Under GST OD, FDOD to be added in BBS Exposure
False
True
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?
Yes
Yes with NFA at RCH level
Yes with NFA at one level higher
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?
As per CAAM
AGM or above from CPG & AGM or above from RBG
DGM & above from RBG & DGM & above from CPG
Proposal is not doable.
Customer A/Firm A wants fresh funding under Suvidha Variant, Can we do funding under the same?
Yes
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?
Yes
No
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