Bank's Promotion Exam - Question Set

Bank’s Promotion Exam – Question Set – Govt. Schemes Part 2

We are giving you Part 2 of Govt Schemes.

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Results

#1. What is the main aim of NRLM scheme ?

Financial literacy

SHG formation

Poverty alleviation

Rural employment generation

None of these

#2. The NRLM provides a continuous hand-holding support to the institutions of poor for a period of _______ till they come out of abject poverty.

3-5 years

5-7 years

4-7 years

5-10 years

None of these

#3. Women SHG's in NRLM consists of __________

5-10 persons

5-7 persons

10-20 persons

20-30 persons

None of these

#4. In case of special SHGs i.e. groups in the difficult areas, groups with disabled persons, and groups formed in remote tribal areas, this number may be a minimum of _________

10 persons

7 persons

10 persons

5 persons

None of these

#5. SHG is a _______ group of persons.

Formal

Registered formal

informal

Registered informal

None of these

#6. DAY-NRLM would provide Revolving Fund (RF) support to SHGs in existence for a minimum period of _________months

4-5 months

6-8 months

6-12 months

3-6 months

None of these

#7. National rural livelihood misson has replaced which of the following programme ?

SGSY

PMSGY

PMAY

PMGKY

None of these

#8. Under NRLM a revolving fund of minimum Rs _& maximum of Rs __ has been given per SHG

Rs 15000 & Rs 30000/-

Rs 15000& Rs 25000

Rs 10000 & Rs 15000

Rs 100000 & 200000

Rs 30000 & Rs 40000

#9. Which of the following is not the panchsutra of good SHG ?

Regular meetings

Regular savings

Internal lending

account opening in a bank

Maintenance of proper books & account

#10. What is the purpose of Revolving fund ?

To strengthen the institutional manaagement capacity of the SHG

To strengthen the financial management capacity of the SHG

To build a good credit history within the group

Only 1 &2

All of the above

#11. What is percentaage of capital subsidy sanctioned under DAY-NRLM ?

15 percent

20 percent

30 percent

capital subsidy has been discontinued since the date of implementation of DAY -NRLM

4 Percent

#12. What is CIF stands for in DAY NRLM ?

Coomunity investment fund

Community investment support fund

Community insurance fund

central investment fund

none of these

#13. At what rate interest subvention has allowed to women SHG in DAY NRLM ?

The SHGs will also get additional interest subvention of 4% on prompt payment, reducing the effective rate of interest to 5.5%.

The SHGs will also get additional interest subvention of 3% on prompt payment, reducing the effective rate of interest to 4%.

The SHGs will also get additional interest subvention of 3% on prompt payment, reducing the effective rate of interest to 5%.

The SHGs will also get additional interest subvention of 2% on prompt payment, reducing the effective rate of interest to 5%.

None of these

#14. What is the loan amount up to which an additional interest subvention has been allowed at the rate of 3 percent per SHG under DAY NRLM scheme ?

Rs 3 lakh

Rs 10 lakh

Rs 5 lakh

Rs 25 lac

None of these

#15. In which districts banks will lend to the women SHGs @7% up to an aggregated loan amount of ₹ 300,000/-.The SHGs will also get additional interest subvention of 3% on prompt payment, reducing the effective rate of interest to 4%.

300

100

250

500

All Districts

#16. which of the following is not true for a willful defaulter member in SHG financing under DAY NRLM scheme ?

A willful defaulter can not be a member of SHG group and such group can not be eligible for credit linkage

A willful defaulter can be a member of SHG group and such group can be eligible for credit linkage under DAY -NRLM scheme

non-willful defaulters should not be debarred from receiving the loan. In case default is due to genuine reasons, Banks may follow the norms suggested for restructuring the account with revised repayment schedule

In case willful defaulters are members of a group, they might be allowed to benefit from the thrift and credit activities of the group including the corpus built up with the assistance of Revolving Fund

Willful defaulters of the group should not get benefits under the DAY-NRLM Scheme and the group may be financed excluding such defaulters while documenting the loan

#17. What are the eligibility criteria of SHG for availing loan facility ?

SHG should be in active existence at least since the last 6 months as per the books of account of SHGs and not from the date of opening of S/B account.

SHG should be practicing ‘Panchasutras’ i.e. Regular meetings; Regular savings; Regular inter-loaning; Timely repayment; and Up-to-date books of accounts;

Qualified as per grading norms fixed by NABARD. As and when the federations of the SHGs come to existence, the grading exercise can be done by the Federations to support the Banks.

The existing defunct SHGs are also eligible for credit if they are revived and continue to be active for a minimum period of 3 months.

All the above

#18. SHG should be in active existence at least since the last _______ as per the books of account of SHGs and not from the date of opening of S/B account.

6 months

12 months

2 months

24 months

36 months

#19. The existing defunct SHGs are also eligible for credit if they are revived and continue to be active for a minimum period of ________.

6 months

12 months

3 Months

24 Months

36 months

#20. Which of the following are correct about saving account opening of SHG ?

Know Your Customer (KYC) verification of only the office bearers shall suffice for opening of savings bank account.

Banks should not insist on Permanent Account Number (PAN) of SHGs

CDD of only office bearers are required while opening savings account

Only 1 &2

All of these

#21. Which of the following are correct about credit linkage of SHG ?

Know Your Customer (KYC) verification of only the office bearers shall suffice for opening of savings bank account.

CDD of only office bearers are required while credit linkage of SHG

At the time of credit linking of SHGs, banks may undertake KYC verification of all the members in the SHG

Only 1 &2

Only 2

#22. In case of (Cash Credit Limit) CCL, banks are advised to sanction minimum loan of ₹ ________ to each eligible SHGs for a period of 3 years with a yearly drawing power

6 lakh

3 lakh

5 lakh

2 lakh

10 lakh

#23. In case of Cash Credit Limit (CCL) DP for First Year: _ times of the existing corpus or minimum of ₹ ___,

4 times and Rs 4 lakh

10 times and Rs 10 lakh

6 times and Rs 1.5 lakh

3 times and Rs 3 lakh

5 times and Rs 5 lakh

#24. In case of Cash Credit Limit (CCL) DP for second Year: _ times of the existing corpus or minimum of ₹ ___,

4 times and Rs 4 lakh

8 times and Rs 3 lakh

6 times and Rs 2 lakh

3 times and Rs 3 lakh

5 times and Rs 5 lakh

#25. What will the minimum DP for third year in case of Cash Credit Limit (CCL) sanctioned to SHG under DAY NRLM scheme ?

3lakh

10 lakh

5 lakh

6 lakh

none of these

#26. What will the minimum DP for fourth year in case of Cash Credit Limit (CCL) sanctioned to SHG under DAY NRLM scheme ?

Above 6 lakh based on micro credit plan

Above 10 lakh based on micro credit plan

Above 8 lakh based on micro credit plan

Above20 lakh based on micro credit plan

none of these

#27. For agumenting livelihood of SHG members it is advised that at least __ of loans above ₹ 1 lakhs and _ of loans above ₹ 4 lakhs and at least _________ of loans above ₹ 6 lakhs be used primarily for income generating productive purposes.

20 percent , 30 percent and 50 percent

10 Percent , 20 percent and 30 percent

50 percent , 75 percent and 85 percent

25 percent , 40 percent and 60 percent

40 percent , 50 percent and 70 percent

#28. The First dose of loan in case of NRLM will be repaid in ______ months in monthly/ quarterly instalments.

06 TO 12 months

12 to 18 months

18 TO 24 months

24 to 36 months

36 To 48 months

#29. The Second dose of loan in case of NRLM will be repaid in ________ months in monthly/ quarterly instalments

06 TO 12 months

12 to 18 months

18 TO 24 months

24 to 36 months

36 To 48 months

#30. The Third dose of loan in case of NRLM will be repaid in _____ months based on Cash Flow in monthly/ quarterly instalments.

18 TO 24 months

24 to 36 months

36 To 48 months

24 to 36 months

48 To 60 months

#31. In case of NRLM, the loan from Fourth dose onwards has to be repaid between ____________ years based on the cash flow in monthly/ quarterly installments.

7 to 10 years

5 to 7 years

3 to 4 years

3 to 6 years

3 to 5 years

#32. In case of NRLM, Security and Margin Clause for Loans to SHG upto Rs.10 Lac will be as

No Collateral

No Margin

No lien should be

#33. In case of NRLM, Security Clause for Loans to SHG Above Rs.10 Lac and upto Rs.20 Lac will be as

No Collateral

No lien should be

#34. Which of the following is correct about willful defaulters in SHG financing under NRLM scheme ?

they might be allowed to benefit from the thrift and credit activities of the group including the corpus built up with the assistance of Revolving Fund.

the willful defaulters should not have the benefit of such bank loan until the outstanding loans are repaid

Willful defaulters of the group should not get benefits under the DAY-NRLM Scheme and the group may be financed excluding such defaulters while documenting the loan.

banks should not deny loan to entire SHG on the pretext that spouse or other family members of individual members of SHG being a defaulter with the bank.

All of the above

#35. What constitutes the Corpus of the SHG?

Savings of the members

Interest earnings by SHG from on lending to its members

Revolving Fund

Income from other sources

All of the above

#36. Can a minor become a member of SHGs?

Yes a minor can become member of SHG

No. The minimum age of member should be 18 years.

A minor age of above 16 could become a member of SHG

A minor can become member of SHG but cannot get loan benefits from the bank

both 3 & 4

#37. What are the documents required for Credit linkage of SHG?

Resolution by the SHG members

Application to the Bank

Inter-se agreement to be executed among the members of the SHGs

Articles of Agreement with Bank

All of the above

#38. For registering an enterprise under udyog Aadhaar memorandum scheme what is fee to be paid ?

Rs 1000

Rs 500

Rs 250

NIL

Rs 100

#39. Which of the following is not a function of KVIC ?

Undertaking studies for KVIC sector

Creation of reserves for supply of raw materials

Marketing of consumers durables and appliances through KVIC outlets

Organising capacity building programmes

Organinsing financial literacy camp

#40. Which of the following counrty/countries account for nearly 90 percent of global coir production ?

India only

India & Bangladesh

India & Srilanka

Bangladesh & Srilanka

India & Maldevis

#41. Which of the following facility /ies is covered under CGTMSE scheme ?

Term loans only

Working capital only

Non fund Based facility

Both 1 and 2

none of these

#42. The govt of India has emarked the project to double the income of farmers by which year ?

2020

2022

2025

2030

2024

#43. Panchayati Raj was restructured in 1958 at the recommendation of

Mahalanobis committee

Venkatapiya committee

Balwantrai mehta committee

Morarji Desai committee

C D Deshmukh committee

#44. Who among following has launched project E Shakti ?

NPCI

RBI

NABARD

SIDBI

MoMSME

#45. Interest rates on banks contribution to RIDF is decided by ?

NABARD

RBI

Ministry of finance

Ministry of agriculture

ALCO of respective banks

#46. SFURTI stands for ?

State fund for urban& rural training institute

scheme of fund for regeneration of traditional industries

Scheme of fund for rural traning institute

State of fund for rural transformation

Social fund for rural transformation

#47. The potential linked District credit plan is prepared by

RBI

Commercial banks

NABARD

Cooperative banks

Lead district bank

#48. State Level credit plan should be prepared by which of the following authority ?

RBI

NABARD

SLBC covener bank

LDM

Lead district bank

#49. Under service Area approach banks can lend to a farmer ?

Only if the farmer is in command area of the branch

If the farm is located within 15 kms

If the farm is located within 10 kms

Without any locational restrictions

If the farm is located within 25 kms

#50. Who among the following takes the final decision on minimum support price for agricultural commodities ?

Commission for agriculture commodities

central govt

concerned state govt

NABARD

CACP

Finish

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Bank’s Promotion Exam – Question Set – Govt. Schemes Part 2

Results

#1. What is the main aim of NRLM scheme ?

#2. The NRLM provides a continuous hand-holding support to the institutions of poor for a period of _______ till they come out of abject poverty.

#3. Women SHG's in NRLM consists of __________

#4. In case of special SHGs i.e. groups in the difficult areas, groups with disabled persons, and groups formed in remote tribal areas, this number may be a minimum of _________

#5. SHG is a _______ group of persons.

#6. DAY-NRLM would provide Revolving Fund (RF) support to SHGs in existence for a minimum period of _________months

#7. National rural livelihood misson has replaced which of the following programme ?

#8. Under NRLM a revolving fund of minimum Rs _____& maximum of Rs ______ has been given per SHG

#9. Which of the following is not the panchsutra of good SHG ?

#10. What is the purpose of Revolving fund ?

#11. What is percentaage of capital subsidy sanctioned under DAY-NRLM ?

#12. What is CIF stands for in DAY NRLM ?

#13. At what rate interest subvention has allowed to women SHG in DAY NRLM ?

#14. What is the loan amount up to which an additional interest subvention has been allowed at the rate of 3 percent per SHG under DAY NRLM scheme ?

#15. In which districts banks will lend to the women SHGs @7% up to an aggregated loan amount of ₹ 300,000/-.The SHGs will also get additional interest subvention of 3% on prompt payment, reducing the effective rate of interest to 4%.

#16. which of the following is not true for a willful defaulter member in SHG financing under DAY NRLM scheme ?

#17. What are the eligibility criteria of SHG for availing loan facility ?

#18. SHG should be in active existence at least since the last _______ as per the books of account of SHGs and not from the date of opening of S/B account.

#19. The existing defunct SHGs are also eligible for credit if they are revived and continue to be active for a minimum period of ________.

#20. Which of the following are correct about saving account opening of SHG ?

#21. Which of the following are correct about credit linkage of SHG ?

#22. In case of (Cash Credit Limit) CCL, banks are advised to sanction minimum loan of ₹ ________ to each eligible SHGs for a period of 3 years with a yearly drawing power

#23. In case of Cash Credit Limit (CCL) DP for First Year: ___ times of the existing corpus or minimum of ₹ _____,

#24. In case of Cash Credit Limit (CCL) DP for second Year: ___ times of the existing corpus or minimum of ₹ _____,

#25. What will the minimum DP for third year in case of Cash Credit Limit (CCL) sanctioned to SHG under DAY NRLM scheme ?

#26. What will the minimum DP for fourth year in case of Cash Credit Limit (CCL) sanctioned to SHG under DAY NRLM scheme ?

#27. For agumenting livelihood of SHG members it is advised that at least ____ of loans above ₹ 1 lakhs and ___ of loans above ₹ 4 lakhs and at least _________ of loans above ₹ 6 lakhs be used primarily for income generating productive purposes.

#28. The First dose of loan in case of NRLM will be repaid in ______ months in monthly/ quarterly instalments.

#29. The Second dose of loan in case of NRLM will be repaid in ________ months in monthly/ quarterly instalments

#30. The Third dose of loan in case of NRLM will be repaid in _____ months based on Cash Flow in monthly/ quarterly instalments.

#31. In case of NRLM, the loan from Fourth dose onwards has to be repaid between ____________ years based on the cash flow in monthly/ quarterly installments.

#32. In case of NRLM, Security and Margin Clause for Loans to SHG upto Rs.10 Lac will be as

#33. In case of NRLM, Security Clause for Loans to SHG Above Rs.10 Lac and upto Rs.20 Lac will be as

#34. Which of the following is correct about willful defaulters in SHG financing under NRLM scheme ?

#35. What constitutes the Corpus of the SHG?

#36. Can a minor become a member of SHGs?

#37. What are the documents required for Credit linkage of SHG?

#38. For registering an enterprise under udyog Aadhaar memorandum scheme what is fee to be paid ?

#39. Which of the following is not a function of KVIC ?

#40. Which of the following counrty/countries account for nearly 90 percent of global coir production ?

#41. Which of the following facility /ies is covered under CGTMSE scheme ?

#42. The govt of India has emarked the project to double the income of farmers by which year ?

#43. Panchayati Raj was restructured in 1958 at the recommendation of

#44. Who among following has launched project E Shakti ?

#45. Interest rates on banks contribution to RIDF is decided by ?

#46. SFURTI stands for ?

#47. The potential linked District credit plan is prepared by

#48. State Level credit plan should be prepared by which of the following authority ?

#49. Under service Area approach banks can lend to a farmer ?

#50. Who among the following takes the final decision on minimum support price for agricultural commodities ?