MCQ based on Retail Assets
1.One of our USPs in case of
housing loan is -
a)
Free personal accident& house building insurance
b)
Free personal accident insurance
c)
Free life insurance
d)
Free life & building insurance
e) Free house building
insurance
2. What is maximum housing loan
limit for a rural/semi urban branch?
a) `50 lacs
b) `75 lacs
c) `100 lacs
d) `150 lac
e) `200 lacs
3. Loans for repairs to the
damaged dwelling units of families up to ` -----lac
in rural and semi- urban areas and up to `-----
in urban and metropolitan areas qualifies for priority sector.
a) 1,2
b) 2,5
c) 1,4
d) 2,4
e) 1,5
4. What is the revised margin
for Home Loans upto `20 lacs?
a. 10%
b. 15%
c) 20%
d) depends upon monthly income
e) none
5.The maximum allowable moratorium period in
case of Home Improvement loan is-
(a) 06 months
(b) 12 months
(c) 18 months
(d) 24 months
(e) 30 months
6. What is the revised margin
for Home Loans above `20 lacs & upto `75 lacs?
a. 10%
b. 15%
c) 20%
d) 25%
e)depends upon monthly income
7. What is the maximum period for repayment of
Home Improvement loan?
(a) 10 years
(b) 15 years
(c) 20 years
(d) 25 years
(e) 30 years
8. The maximum limit that can
be sanctioned in Home Improvement loan is -
(a)
`10lac
(b)
`25lac
(c)
`50lac
(d)
`75lac
(e)
`100lac
9. Home improvement loan cannot
be given to
(a) HUFs
(b) Staff
(c) Director of a company
(d) Partner of a firm
(e) both a & b
10. For availing Home
Improvement loan, the principal borrower must be employed or to be in business
at least for ----------.
(a) 6 months
(b) 1 year
(c) 2 years
(d) 2.5 years
(e) 3 years
11.The eligible limit for
Baroda Additional Assured Advance is _______ of residual Value of house
property after deducting _______ of O/S in housing loan account.
a)75%,150%
b) 50%,100%
c) 40%,75%
d) 30%,150%
e) 20%,125%
12. Valuation of the property
at the time of considering AAA facility should not be older than ------------.
a)01 years
b) 02 years
c) 03 years
d) 05 years
e) None of these
13. The minimum amount of loan
under AAA facility-
a)`0.25 lacs
b) `0.50lac
c) `1.00lac
d) `Rs.2.00lac
e) `5.00lac
14. The maximum amount of loan that can be
sanctioned under AAA is -------
a)`10 lacs
b) `20 lacs
c) `100 lacs
d) `200lac
e) 90% of principal repaid
15 For becoming eligible for
home loan, a N.R.I must have been employed overseas or having a business unit
for the last ------- years
(a) 1 year
b) 2 years
c) 3 years
d) 4 years
e) No such condition
16. What should be the minimum
income per annum for a NRI, to become eligible for NRI home loan?
(a)
`1 lac
b)
`3 lacs
c)
`4 lacs
d)
`5 lacs
e)
`6 lacs
17. The maximum repayment
period for a N.R.I home loan is ------ years.
(a) 10
b) 15
c) 20
d) 25
e) 30
18. The income criteria for
calculation of outer limit of housing loan in case of N.R.I (salaried)
is------------subject to repayment capacity.
(a)
25 times of gross monthly income
(b)
36 ------------do---------
(c)
48 ------------do------------------
(d)
54------------do-------------------
(e) As per norms of home loan
to residents
19. What is the minimum amount
of loan under ―Baroda Loan against Future Rent Receivables‖?
a.
`5 lacs
b.
`10 lacs
c.
`15 lacs
d.
`20 lacs
e.
`25 lacs
20. What should be the minimum
stipulated margin on the value of property in our Retail Product, Baroda
Ashrey?
a) 15%
b) 20%
c) 25%
d) 30%
e) 40%
21. What is the maximum age of the building to
be accepted as security for considering Baroda Ashrey Loan?
a)10
b) 20
c) 25
d) 30
e) 40
22. The minimum age of borrower
to be considered for availing Baroda Ashrey is ____
a) above 55
b) above 60
c) above 65
d) above 70
e) aged 60-70
23. What is the maximum amount of loan
including proposed accrued interest under Baroda Ashrey Loan?
a) `25 lacs
b) `50 lacs
c) `1 crore
d) `2 crores
e) `3 crores
24. In Baroda Ashray Loan, the mortgaged property is
to be revalued at an interval of every --------years during the entire period
of loan.
a)2
b) 3
c) 1
d) 5
e) 4
25. What is the maximim limit under loan to
Professionals as a Retail borrower?
(a)
`10 lacs
(b)
`20 lacs
(c)
`25 lacs
(d)
`50 lacs
(e)
`100 lacs
26. What is the maximum amount
of loan that a Rural branch can sanction under Baroda Mortgage Loan?
(a)
`2.00lac
b)
`5.00lac
c)
`10.00lac
d)
`50.00 lacs
e)
`100.00 lacs
27. What is the DLP for an
Officer in Scale-III for considering Baroda Mortgage loan?
a)
`10 lacs
b)
`20 lacs
c)
`25 lacs
d)
`50 lacs
e)
`100 lacs
28. What is the maximum
moratorium period allowed in Baroda Mortgage loan?
(a) 03 months
b) 06 months
c) 12 months
d) 18 months
e) 24 months
29. While considering Baroda
Mortgage loan, normally age of the building should not exceed -------years
a)10
b) 15
c) 20
d) 25
e) 40
30. What can be the minimum
amount of loan under Future Rent receivable scheme to the land lord of Bank of
Baroda premises?
a)`5.00lacs
b) `10.00lacs
c) `15.00lacs
d) `20.00lacs
(e)No minimum limit
31. For considering Baroda Traders Loan, the
borrower should be in the line of activity /business for a minimum of -----
years
(a) 01 year
b) 1.5 years
c) 2 years
d) 2.5 years
e) 3 years
32. What is the periodicity of
inspection in a standard Baroda Traders Loan account?
(a)As per credit rating
(b) Bi monthly
(c) Quarterly
(d) half-yearly
(e) Once in a year.
33. What is the maximum loan
that can be considered under Baroda
traders Loan?
(a)
`50.00lacs
b)
`100.00lacs
c)
`250.00lacs
d)
`300.00lacs
e)
`400.00lacs
34. What should be the minimum
amount of loan that can be availed in Baroda Trader Loan against gold
ornaments?
a) `0.25lac
b)`0.50lac
c) `2.00lacs
d) `3.00lacs
(e)`5.00lacs
35. What is the maximum limit
allowed under our Retail Product Baroda Advance against gold
Ornaments/jewellery?
(a)
`2.00 lacs
b)
`10.00 lacs
c)
`15.00 lacs
d)
`20.00 lacs
e)
`25.00 lacs
36. What should be the
stipulated margin for advance against gold ornaments for more than `3.00 lacs?
(a) 15%
b) 25%
c) 30%
d) 35%
e) 40%
37.For availing benefit of
education linked subsidy scheme, maximum amount of the income of entire family
of student not to exceed `------lacs p.a
(a) `2.00
b) `3.50
c) `4.00
d) `4.50
e) `5.00
38. What is the maximum
limit for purchase of new vehicles under SME scheme for financing existing
borrowers for purchase of new vehicles?
a.`50 lacs
b. `100 lacs
c. `150 lacs
d. `200 lacs
e. `300 lacs
39.What is the
stipulated margin under Baroda Scholar Education Loan scheme?
(a) 5%
b) 10%
c) 15%
d) 20%
e) 25%
40. In which of the following
products, 100% collateral is stipulated irrespective of the sanctioned limit?
(a) Baroda Gyan
(b) Baroda Scholar
c) Baroda Career development
(d)Baroda Vidya
(e) No such scheme
41. RBI has advised all PSBs to
earmark _____ of their Net Bank Credit for lending to women
a. 1%
b. 3%
c. 5%
d. 8%
e. 10%
42.What is the maximum eligible
amount in Baroda Auto Loan for purchase of an old Car?
(a)
`5.00lacs
b)`10.00lacs
c)`15.00lacs
d)`20.00lacs
e)`25.00lacs
43. What is the minimum
stipulated margin while financing car (above `15.00lac)?
(a) 10%
b) 15%
c) 20%
d) 25%
e) 30%
44. What is the maximum limit
for purchase of new vehicles from commercial vehicle manufacturers under scheme
for financing Road Transport Operators?
a.
`10 lacs
b.
`25 lacs
c.
`50 lacs
d.
`75 lacs
e.
`100 lacs
45. What is the maximum ceiling
for the deviation charges under Retail lending (other than Housing Loan)
products?
a) `5000
b) `6000
c) `10000
d) `15,000
e) `20,000
46 What is the maximum ceiling
for Defense pensioners‘ loan in our bank?
a)
`1.00lac
b)
`2.00lacs
c)
`3.00lacs
d)
`4.00lacs
e)
`5.00lac
47.What is the maximum
ceiling for considering Pensioners‘ loan, other than defense Pensioners?
(a) 4 times
b) 5 times
c) 6 times
d) 8 times
e) 10 times
48. As per Commercial
Real Estate exposure, the Loan against Rent Receivables limit upto _____ can be
considered under Retail Banking segment to individuals-
a. `1 Cr
b. `2 Cr
c. `3 Cr
d. `5 Cr
e. `10 Cr
49.In case of non allotment of
property/plot, Loan for earnest money deposit to be repaid lump sum within a
period of ----
(a) 01 month
b) 02 months
c ) 03 months
d) 06 months
e) 12 months.
50.In case of loan to Doctors
(Retail), up to what limit collateral security can be waived?
a) `2.00lacs
b) `3.00lacs
c) `5.00lacs
d) `10.00lacs
b) It cannot be waived
51. What is the minimum
stipulated limit under the Retail product, ―Loan to Doctors‖?
(a) `0.50lacs
b) `1.00lacs
c) `2.00lacs
d)`5.00lacs
e) No minimum limit
52. What is the maximum limit
of eligible housing loans under Credit Risk Guarantee Fund Trust Scheme (CRGFS)
for low income housing in urban areas?
a.
`5.00 lacs
b.
`6.00 lacs
c.
`8.00 lacs
d.
`10.00 lacs
e.
`15.00 lacs
53. What is the maximum loan
limit for our staff against N.S.Cs ? a) `3.00lac
b) `5.00lac c) `10.00lac
d) 5 times of gross salary e) 6 times of gross salary 54. What is the maximum
ceiling to the customer for availing loan against NSC/Life Insurance policy?
a) `15.00 lacs
b) `25.00lacs
c) `50.00lacs
d) `100.00lacs
(e)No such ceiling
55. What is the maximum OD
facility under the Baroda Salary advantage account?
(a)
`0.50 lacs
b)
`1.00 lac
c)
`2.00 lacs
d)
`3.00 lacs
e)
`5.00 lacs
56. The OD limit allowed for Baroda salary advantage SB
account should be brought in to credit balance at least once in ----------
days.
(a) 30
b) 45
c) 60
d) 90
e)Not required
57. Age of the principal
borrower should not be less than ------- years while considering Housing Loan.
a)18
b)20
c) 21
d) 25
e) 30
58. What is the maximum repayment period that
can be considered for repayment of Housing Loan?
a) 30 years
b) 25 years
c) 20 years
d) 18 years
e) 15 years
59. What is the maximum
repayment period allowed for Two Wheeler and Consumer Durable Loans?
(a) 35 months
b) 36 months
c) 48 months
d) 60 months
e) 84 months
60. What is the maximum
limit under our SME Product ‗Baroda OD against Land & Building‘ Scheme in a
Rural area?
a. `10 lacs
b. `25 lacs
c. `50 lacs
d. `75 lacs
e. `100 lacs
61. Upto what limit an
Education loan for studies in India
is classified as priority Sector?
(a)
`5 lacs
b)
`10 lacs
c)
`15 lacs
d)
`20 lacs
e)
`25 lacs
62. In case of takeover of
retail loans, though within the DLP of a sanctioning Authority, prior
permission is required from___
(a) Regional head
b) Zonal Head
c) D.R.M
d) Chief manager
e) Permission not required
63. In our Bank, on-line
application facility is not provided for which of the retail products
given below?
(a) Baroda Home Loan
(b) Baroda Car Loan
(c) Baroda Personal Loan
(d)Baroda Education Loan
(e) none of these
64. What is the periodicity of
inspection of security in case of a fully disbursed & well run Baroda Home
loan account?
(a) 06 months
(b) 01 year
(c) 02 years
(d) 03 years
(e) 05 years
65. What is the maximum
time allowed for construction on a plot purchased under our Housing loan?
(a) 12 months
(b) 18 months
(c) 1 year
(d) 2 years
(e) 3 years
66. What is the maximum loan
limit under Baroda Home loan scheme at Urban & Metro centres?
(a)
`50lacs
(b)
`100lacs
(c)
`150lacs
(d)
`200lacs
(e)
`300.00lacs
67. What is the maximum limit
under Car Loan to a salaried person?
(a) 18 times of G.M.I
(b) 20 times of G.M.I
(c) 24 times of G.M.I
(d) 30 times of G. M.I
(e) 36 times of G.M.I
68. Which of the following
constitutions not eligible for Baroda Traders loan?
(a) Individuals
(b) Proprietorship firms
(c) Pvt. Ltd. Co
(d) Registered Co operative
Societies
(e) Public Ltd co.
69. Upto what limit an
Education loan for studies abroad is classified as priority Sector?
(a)
`4 lacs
(b)
`5 lacs
(c)
`10 lacs
(d)
`15 lacs
(e)
`20 lacs
70. In housing loan, age of
Co-borrower should not be less than ------- years.
(a) 21
(b) 18
(c) 25
(d) 30
(e) 20
71. What is the percentage of
margin for financing old car of its accepted value?
(a) 10%
(b) 15%
(c) 25%
(d) 30%
(e) 40%
72. For applying personal loan,
the prospective borrower must be employed at least for the last ----------.
(a) 06 months
(b) 18 months
(c) 1 year
(b) 2 years
(c) 3 years
73.What is the revised margin
for Home Loans above `75 lacs?
a. 10%
b. 15%
c) 20%
d) 25%
e) depends upon monthly income
74. Addition of co-borrower is allowed for Car
Loan, subject to –
a.
Minimum age of co-borrower is 18
b.
Should be a family member of the principal borrower
c.
Vehicle should be registered in the name of first applicant
d.
If income of co-borrower is accepted for higher limit, sustainability of income
to be ensured
e. All the above
75. What is applicable Rate of
Interest for our Baroda Car Loan?
a.
Base Rate + 0.50% uniform for all tenor
b.
Base Rate + 0.25% for loans up to 5 years & Base Rate + 0.50% for loans
more than 5 years
c.
Base Rate + 0.25% for all tenor
d.
Base Rate
e. None of these
76.Which of the following
Deviations for Baroda Auto Loan where Regional Head/ Zonal Head has been given
full powers for ‗waiver‘?
a. Existing account
relationship
b. Maximum age parameters
c. Income criteria
d. Repayment period
e. (a), (b) & (c) only
77. Which of the following
is/are TRUE with respect to extension of mortgage of property to secure more
than one Retail /other loan?
(i)
Regional Head can allow extension upto -2- Loans
(ii)
Zonal Head can allow extension upto -3- Loans
(iii)
Committee of GMs has full powers in this aspect
a. Only (i) & (ii)
b. Only (i) & (iii)
c. Only (ii) & (iii)
d. only (i)
e. all (i),(ii) & (iii)
78.Under Home Loan to Staff
members under Public Scheme, what is the maximum eligible amount for
purchase/construction of house?
a) any amount as per repaying
capacity/take home salary
b) `10 lacs
c) `15 lacs
d) `25 lacs
e) `30 lacs
Q79. In loan to doctors up to what amount collateral
security can be waived;
a)
Rs.2.00lacs
b)
Rs.5.00lacs
c)
Rs.3.00lacs
d)
Rs10.00lacs
e)
It cannot be waived
Q80. The minimum
amount which can be sanctioned under the scheme of loan to
Doctors.
(a)
Rs.0.50lacs
(b)
Rs.1.00lacs
(c)
Rs.2.00lacs
(d)
Rs5.00lacs
(e)
No minimum limit
