Banking awareness quiz 40 (Loans 3)

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Q 1)What will be the cost of plant and machinery for production of goods & cost of equipment for services in case of micro enterprises respectively ?

Upto Rs 10 Lakhs & Upto Rs 25 Lakhs

Upto Rs 25 Lakhs & Upto Rs 10 Lakhs

Upto Rs 15 Lakhs & Upto Rs 5 Lakhs

Upto Rs 10 Lakhs & Upto Rs 10 Lakhs

Q 2) What will be the cost of plant and machinery for production of goods & cost of equipment for services in case of Small enterprises respectively ?

Rs 25 lakh to Rs 5 Crore & Rs 10 Lakh to Rs 2 crores

Rs 15 lakh to Rs 5 Crore & Rs 5 Lakh to Rs 2 crores

Rs 25 lakh to Rs 6 Crore & Rs 10 Lakh to Rs 1 crore

Rs 5 lakh to Rs 1 Crore & Rs 10 Lakh to Rs 2 crore

Q 3) What will be the cost of plant and machinery for production of goods & cost of equipment for services in case of Medium enterprises respectively ?

Rs 2 crores to Rs 5 Crore & Rs 5 crores to Rs 10 crores

Rs 2 crores to Rs 10 Crore & Rs 3 crores to Rs 5 crores

Rs 5 crores to Rs 10 Crore & Rs 2 crores to Rs 5 crores

Rs 10 crores to Rs 20 Crore & Rs 2 crores to Rs 5 crores

Q 4) Priority Sector Lending is for providing a specified portion of the bank lending to disadvantaged sections of the society , Which of the following doesn't comes under Priority sector lending ?

MSME'S

Agriculture and allied sectors

Big Enterprises

Renewable energy

Q 5) Narasimhan committee on financial system gave recommedations to RBI before granting a loan , Which of the following is not a Norm introduced by RBI ?

Income Recognition

Asset Classification

Provisioning for advances

Unsecured financing

Q 6)When the GDP of country doesn't grow then there will no demand for goods produced by company so company may turned into NPA , This situation is known as ____________.

Macro economic situation

Micro economic situation

Nano economic situation

Medium economic situation

Q 7)If the banks are lending to customers without looking credit worthiness of customer , Then customer may become NPA ,This is known as _________.

Aggressive lending

Crowded lending

Timid lending

Counterfeit lending

Q 8)If the borrower has ability to pay Loan but become NPA this situation is known as ___________.

Wilful lending

Wilful defaulting

Selfish defaulting

Forceful defaulting

Q 9)If the bank feels there is a genuine reason for Loan to become NPA then banks do restructuring of Loan , Which of the following is not true about restructuring of Loan ?

It will be done under corporate debt restructuring

It was implemented by RBI from 2001

There will be extension in loan repayment period

Moratorium is not allowed

Q 10) If the bank feels there is no genuine reason for Loan to become NPA then which of the following will not be done by banks ?

Referring the matter to Debt Recovery Tribunals

Referring the matter to Asset Reconstruction companies as per SARFAESI Act,2002.

Restructuring the Loan

filing criminal cases against wilful defaulters

Take More Banking Awareness Quizzes from below

• Banking awareness quiz 42(On first time inventories in Banking History 2)
• Banking awareness quiz 41(On first time inventories in Banking History)
• Banking awareness quiz 39(On Bank Loans2)
• Banking awareness quiz 38(On Bank Loans)
• Banking awareness quiz 37(Cheques)

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