CPG MCQ Test- May'2020
CPG MCQ Test - May 2020
Welcome to the CPG MCQ Test designed to assess your knowledge of financial programs and regulations. This quiz comprises 62 multiple-choice questions covering various topics related to enterprise loans, collateral requirements, and GST programs.
Test your understanding and see how well you know the intricacies of financing options available for businesses. Key highlights include:
- Evaluate your knowledge on loan programs.
- Understand collateral requirements.
- Learn about compliance and regulations.
In case of CA certified financials, what is the maximum limit that can be proposed under Enterprise loan program ?
10 Mn
20 Mn
5 Mn
4 MN
Applicant has provided Self- occupied Residential land for OD limit under Enterprise loan, can the same be accepted ?
Accepted
Accepted with NFA at RCH
Accepted with NFA at NCM
Not accepted
Can negative sales (sales return are higher than Sales) in any month be accepted in GST OD programme ?
YES
NO
Collateral cover for GSTOD program for Industrial property should be.
180% - Industrial property
140% - Industrial property
180% - Self Occupied industrial property
140% - Self Occupied industrial property
Borrower is a willful defaulter with HDFC bank, can the case be processed ? ________
YES
YES- with NFA one level higher
NO
Yes with NFA-Head CPG
In TBR, if any case name is not available in ATR (Automated Track Record), TBR will be sanctioned at which level with manual ETR/GTR sheet ?
DGM – DGM from RBG & CPG
AGM – AGM from RBG & CPG
Product Head (DGM & above) from RBG & Policy Head (DGM & above) from CPG
Product Head (DGM & above) from RBG & Official from CPG (DGM & above).
Whether LIC can be accepted as liquid collateral in Express OD Program?
YES
NO
Stock Audit is applicable in cases where CC Limit is Rs 50 Mn or above.
True
False
In how many maximum days the entire process of CAL issuance, acceptance, receipt and corresponding documentation should be completed ? Else the sanction will be lapsed.
120 days
150 days
180 days
110 days
In MOD Program, CA Certificate for End usage is mandatory in cases above ________
10 Mn
20 Mn
30 Mn
25 Mn
ABD Ltd is trader and first time borrower. It has applied limit of Rs. 20.0 Mn. Can it be sanctioned under Vyapaar Loan Program?
YES
NO
YES with NFA
Only Rs, 15 Mn can be sanctioned
Which of the following profile falls under Negative profile for funding?
Placement Agencies
Courier Companies
Real Estate Agents
All of the above
In which of the following programs vacant Land is not acceptable as collateral?
Enterprise Loan
Vyapaar Loan
Agri Credit Line
Enterprise credit
As per property guidelines, which property is covered under Negative property Category A?
Schools/Hospitals/Hotel
Rented Industrial property
Industrial Land
Lal dora properties
ABC Limited has applied for Rs. 50 Mn CC under Enterprise Credit Program. Is stock audit required to be conducted for ABC limited.
Yes
No
In case of Enhancement under Vyapaar Loan @ 90% LTV, what is the minimum track with ICICI Bank required ?
6 Month
11 Month
12 month
24 month
XYZ is a partnership firm having proposed limit for Rs. 10 Mn of OD under Enterprise loan with TOL/ATNW of 4.7 times, can the case be processed ?
YES
YES-with NFA one level higher
YES-with NFA at ZCM level
NO
What is the maximum BG tenor under BLG that can be offered to Govt.Bodies ?
60 months
36 months
12 months
24 months
XYZ Pvt Ltd has applied for the limit of Rs. 10 Mn under Enterprise Loan has statutory dues of Rs. 6000, can the case be processed without NFA ?
YES, can be processed without NFA
NO, NFA is required
ABC Pvt Ltd is engaged in Jewelry segment has applied for CC facility of Rs. 60 Mn. Applicant has offered Self-occupied residential flat of Rs. 40 Mn & vacant residential plot of Rs. 20 Mn. Can the same be processed for limit of Rs. 60 Mn.
Yes
No
In Term loan BT cases – When is the original invoice as provided to existing banker- not mandatory for validation of end usage ?
When Vintage with existing banker is 6 months or more
When Vintage with existing banker is more than 6 months
When Vintage with existing banker is 1 year or more
When Vintage with existing banker is more than 1 year
Can DLOD be given for 7 years in PSL cases under EC Program?
YES
NO
Cover period of receivables consider for DP calculation can be increased more than 90 days but upto 180 days for BBB- rated borrower with approval of DGM business & Zonal Head from CPG.
True
False
Time Lag between 2 stock reports should not be more than _______
12 months
14 months
15 months
6 months
In MOD, two technical valautions will be required when
Loan amount is more than Rs 20 mn in non metro locations & Rs 30 mn in metro locations
Property value is more than Rs 20 mn in non metro locations & Rs 30 mn in metro locations
Loan amount is more than Rs 10 mn in non metro locations & Rs 20 mn in metro locations
Property value is more than Rs 10 mn in non metro locations & Rs 20 mn in metro locations
What is the maximum tenure for which DLOD can be given under Enterprise Loan Program?
36 months
60 months
72 months
48 months
Under GST OD program, what is the collateral cover required for Self-occupied Industrial Property?
140%
125%
133%
180%
Which of the property is not to be taken as collateral in case of MOD for loan against specialized properties?
Banquet halls/Marriage halls
Nursing homes having 40 beds
Warehouse property
Marriage gardens with constructed area covering at least 20% of land portion
Client has vintage of 3 years with ICICI Bank, and now approaching for enhancement in limit with collateral coverage of 111.11% in Vyapaar loan, under which authority NFA is available?
ZCH from CPG and RH from RBG
Not available
RCH from CPG and RH from RBG
One level higher as per CAAM
ABC Limited has debtors of Rs. 50 Mn, bifurcation as follows : Rs. 42 Mn less than 6 months and Rs. 8 Mn over 6 months. Out of total debtors of Rs. 42 Mn less than 6 Months there are debtors worth Rs. 3.5 Mn which are more than 90 days old. Further client is having stock of Rs. 20 Mn and creditors of Rs. 15 Mn. Calculate Drawing power considering Margins of 25% on stock and book debts.
Rs. 32.625 Mn
Rs. 41.25 Mn
Rs. 35.25 Mn
Rs.43.875 Mn
XYZ - proprietorship is dealer of mobile phone as well as FMCG products. Out of Total TOI, 45% is from Mobile phone & remaining is from FMCG product. Will the firm XYZ classified under Caution profile ?
YES
NO
Customer has provided sanction letter older than 18 months from existing banker. Bank Track is GTR -67. Can the same be accepted ?
Yes with NFA-One level higher
Yes with NFA-Sanctioning authority as per CAAM
Yes with NFA-ZCH
Not accepted
XYZ has applied for limit of Rs. 20 Mn under RCLP. Score as per scorecard of RCLP is 59, Can the case be processed ?
YES with NFA
NO
YES
What is the maximum amount of DLOD that can be offered under RCLP program ?
20
30
50
10
Applicant classified as Non PSL can be processed under ACL
YES
YES- with NFA
NO
XYZ - partnership firm is classified under PSL norms. What is the maximum tenor of DLOD offered under Vyapar Loan program to the firm?
36 months
84 months
24 months
60 months
What is the minimum cash margin for Performance BG offered under Vyapaar Loan ?
15%
20%
12%
10%
Can Agricultural Land be accepted as collateral security?
Yes
No
Yes-with NFA RCH
Yes- with NFA-Head Retail Credit policy & NCM
If the ETR/GTR/PTR score is 59, then what is the classification of the track ?
ETR
GTR
PTR
Cannot be classified
What is the Collateral cover required in Case of the GST OD in industrial Property?
110%
180%
125%
175%
In MOD cases, We are funding to Partnership firm M/s AB in which Mr A & Mr B are partners. Mr B is also partner in M/s CD & getting profit from M/s CD partnership firm. Whether we can consider profit received from M/s CD Firm reflected in Mr B’s ITR without taking corporate guarantee of M/s CD Partnership Firm.
YES
NO
Below properties can be accepted as collateral in MOD:
Lease hold Industrial property
Rented Industrial Property
Cold Storage Property
None of the above
100% collateral cover needs to be maintained for DLOD Limit in EC/RCLP
True
False
While funding to domestic jewelry manufacturer, how many minimum margin % is required?
12%
10%
8%
15%
Maximum tenor for pre shipment + post shipment facility combined should not exceed _________
180 days
270 days
320 days
360 days
Customer is having "Settlement" status with I-Bank in Liability products of the bank. Will the same be covered under Go-No Go parameters ?
Yes
No
In case the Bank statements are more than 45 days old as on the date of log in CPG, Is there any NFA available and if Yes then which are the authorities ?
Sanctioning authority as per CAAM
No NFA allowed
One level higher as per CAAM
BLG/RBG (CMII or Above) and CPG (CMII and above)
Proposed exposure of client is Rs.54 Mn and track of existing CC/OD account is PTR can we go ahead with case, select most preferable option as given below ?
Can merge track of CA and CC/OD account as per PTR exceptional Guidelines and go ahead
No-Go
Require CRMG approval and PTR exceptional guidelines are not applicable
Can sign off via BLG/RBG Zonal Head (AGM or Above) and CPG RCH (CMII and above)
Customer is having business of Poultry Farming having vintage more than 5 years, can we fund the captioned customer?
Yes
No
Yes, With NFA at sanctioning authority as per CAAM and limit upto Rs.10Mn
Yes, With NFA at one level higher authority as per CAAM and limit upto Rs.10Mn
While calculating BBS which of the following limits are to be excluded ?
PCFC
Performance BG
LAP DLOD
EPC
In case of Delay in interest/EMI more than 59 days but less than 89 days in term loan in BLG cases, As per exceptional guidelines for ETR/, NFA can be obtained at which level?
DGM and above
RCH and above
CMII or above
None of the above
Client has settled Auto Loan with Indusind Bank in the year 2015, Can this case be sanctioned?
Yes
No
Under MOD program, Unsecured loan availed from various NBFC with which condition, is not to be included while calculation of FOIR?
Loan with less than 12 EMI pending
Loan proposed to be closed prior to disbursement
Both A & B
ANC limited is Provident fund liability of more than Rs. 10000 outstanding & proposal is for Rs. 18Mn. NFA for the same can be approved at:
ZCM or above
ZCH or above
Sanctioning authority
DGM or above
Collateral coverage required for Rented residential property under multiple banking in GST OD Program
125%
150%
200%
180%
NFA authority for BBS of 60% in EC program is:
Open NFA
RCH
ZCH
NO NFA
Minimum program score in RCLP for proposal of Rs. 15 Mn without NFA
55
60
65
50
Maximum loan exposure in EC program:
Rs. 200 Mn
Rs. 100 Mn
150 Mn
50 Mn
Financial BG should not exceed ________% of total limit
75
25
45
50
Maximum Limit based on CA certified financials under EL/Jet OD that can be funded?
Rs. 2.5 Mn
Rs. 4 Mn
Rs. 5 Mn
Rs. 10 Mn
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