Study Platform for Banking, JAIIB, CAIIB, Promotion And Technology for dedicated Bankers...!!!

Wednesday, 20 December 2017

MCQ based on Retail Assets






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





Saturday, 9 December 2017

Reasioning For Clerical to Officer

Study the following information carefully and answer the question (1-5) given below:

Seven friends I, J, K, L, M, N, and O live in a seven-floor building. The ground floor is no. 1, the floor above it is no. 2 and so on.

M does not live on an even numbered floor. O does not live on the topmost floor. Only one person lives between M and O. I does not live on an even numbered floor and does not live below N. L does not live immediately above or immediately below O. Two person lives between L and M. Both K and J do not live on and odd-numbered floor. There are two floors between the floors on which O and K live. N lives on floor number 5. 

1.      I lives on which floor ?

a.     First
b.    Fifth
c.     Third
d.     Seventh
e.     None of these.

2.     How many person lives between L and N  ?

a.     One
b.    None
c.     Three
d.     One
e.     None of these

3.     Who among the following live on floor number 2 ?

a.     O
b.    J
c.     K
d.     L
e.     None of these

4.     How many person lives between I and O  ?

a.     Two
b.    Three
c.     Five
d.     Four
e.     None of these

5.     If K interchanges his floor with the one who lives on floor number 2, the who among the following lives exactly between L and J ?

a.     N
                  b.    I
c.     O
d.     M
e.     None of these

 6. Heena obtained an amount of Rs. 8376 as simple interest on a certain amount at 8% after 6 years. What is the amount invested by Heena ?

A. Rs. 17180
B. Rs. 18110
C. Rs. 16660
D. Rs. 17450
E. None of these.

7.  A person covered some distance in 24 hours. He covered half the distance by rail @ 150km/h and the rest by car @ 90 km/h. The total distance covered by his was ?

A. 2900 km
B. 2700 km
C. 2675 km
D. 2800 km
E. None of these.

8.  What will come in place of the question mark (?) in the following number series ?

29  31  37  49  69  ?

A. 108
B. 99
C. 94
D. 103
E. 88

Direction (9-10): The question has two statement followed by two conclusions numbered I and II. You have to take the two given statements to be true even they seem to be at variance from commonly known facts and then decide which of the given conclusions logically follows from the given statements disregarding commonly known facts.

 9. Statements:
    All buses are car.
    Some buses are trucks.
   Conclusions:
       I. Some buses are definitely not trucks.
      II. At least some trucks are cars.

              A. Only conclusion I follows.
              B. Only conclusion II follows
              C. Either conclusion I or II follows
              D. Neither conclusion I nor II follows
              E. Both conclusion I and II follows

10. Statements:
       Some animals are plants.
       All plants are rocks.
      Conclusions:
         I. All plants are animals.
        II. At least some rocks are animals.

               A. Only conclusion I follows.
               B. Only conclusion II follows
               C. Either conclusion I or II follows
               D. Neither conclusion I nor II follows
               E. Both conclusion I and II follows

 

 

Wednesday, 6 December 2017

Law and Practice Quiz 1

 

Law and Practice Quiz




  1. As per KYC norms, for identity of the person,following additional details need to be collected -

  2. Employment details such as job specifications, name and address of the employer
    Provide details about source of income and annual income
    Details of assets owned such as house, vehicle etc
    All

  3. Mainly, KYC norms are for -

  4. Identification of the customer
    Proper introduction of the customer
    Monitoring of large value transactions
    All

  5. A minor can open Current account in his name at the age of

  6. 10 years
    12 years
    14 years
    15 years

  7. "Pledge", "Pawnor", and "Pawnee" are defined under Sec .....

  8. 124
    126
    148
    172

  9. "Contract of guarantee", "surety", "principal debtor" and "creditor" are defined under Sec .....

  10. 124
    126
    148
    172

  11. ‘Bailment’, ‘bailor’ and ‘bailee’ are defined under Sec .....

  12. 124
    126
    148
    172

  13. Normally the account should be opened with cash only and not with cheque, drafts. As per N I acts

  14. 128
    130
    131
    148

  15. ______ can not open PPF account ?

  16. Individual
    Minor
    HUF
    None

  17. Which of the following is not steps or stages in Money Laundering

  18. Placement
    Layering
    Integration
    Punishment

  19. where a guardian is appointed by a court, a person attains majority at the age of .....years

  20. 14
    15
    18
    21




Facebook

; //]]>