0 of 10 questions completed
Questions:
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
Information
TOTAL QUESTION: 10
TOTAL TIME= 10 MIN
You have already completed the Test before. Hence you can not start it again.
Test is loading...
You must sign in or sign up to start the Test.
You have to finish following quiz, to start this Test:
Your results are here!! for" FINANCING AGAINST PLEDGE OF GOLD ORNAMENTS/JEWELLERY/GOLD COINS FOR AGRICULTURE "
0 of 10 questions answered correctly
Your time:
Time has elapsed
Your Final Score is : 0
You have attempted : 0
Number of Correct Questions : 0 and scored 0
Number of Incorrect Questions : 0 and Negative marks 0
-
Not categorized
You have attempted: 0
Number of Correct Questions: 0 and scored 0
Number of Incorrect Questions: 0 and Negative marks 0
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- Answered
- Review
-
Question 1 of 10
1. Question
What is the primary purpose of financing against pledge of gold ornaments, jewellery or gold coins for agriculture?
Correct
The facility is intended to meet short-term production or investment credit requirements for genuine income-generating agricultural purposes.
Incorrect
The facility is intended to meet short-term production or investment credit requirements for genuine income-generating agricultural purposes.
Unattempted
The facility is intended to meet short-term production or investment credit requirements for genuine income-generating agricultural purposes.
-
Question 2 of 10
2. Question
Which of the following is eligible for an agriculture gold loan under the scheme?
Correct
The scheme covers individuals and agricultural entrepreneurs, including tenant farmers, oral lessees and sharecroppers.
Incorrect
The scheme covers individuals and agricultural entrepreneurs, including tenant farmers, oral lessees and sharecroppers.
Unattempted
The scheme covers individuals and agricultural entrepreneurs, including tenant farmers, oral lessees and sharecroppers.
-
Question 3 of 10
3. Question
Up to what loan limit is a self-declaration required for sanction of an Agriculture Gold Loan?
Correct
For an agriculture gold loan up to Rs. 2.50 lakh, a self-declaration must be obtained from the applicant.
Incorrect
For an agriculture gold loan up to Rs. 2.50 lakh, a self-declaration must be obtained from the applicant.
Unattempted
For an agriculture gold loan up to Rs. 2.50 lakh, a self-declaration must be obtained from the applicant.
-
Question 4 of 10
4. Question
For agriculture gold loans above Rs. 2.50 lakh, what should be obtained from the borrower?
Correct
For loans above Rs. 2.50 lakh, evidence of land holding record and/or valid documentary proof of agricultural activities is required.
Incorrect
For loans above Rs. 2.50 lakh, evidence of land holding record and/or valid documentary proof of agricultural activities is required.
Unattempted
For loans above Rs. 2.50 lakh, evidence of land holding record and/or valid documentary proof of agricultural activities is required.
-
Question 5 of 10
5. Question
What is the maximum loan amount per borrower under the agriculture gold loan scheme?
Correct
The maximum loan amount per borrower is Rs. 25.00 lakh.
Incorrect
The maximum loan amount per borrower is Rs. 25.00 lakh.
Unattempted
The maximum loan amount per borrower is Rs. 25.00 lakh.
-
Question 6 of 10
6. Question
What is the margin requirement for financing against pledge of gold for agriculture?
Correct
The margin at the time of sanction is 15%.
Incorrect
The margin at the time of sanction is 15%.
Unattempted
The margin at the time of sanction is 15%.
-
Question 7 of 10
7. Question
What is the security for an agriculture gold loan under the scheme?
Correct
The security is the pledge of gold jewellery, ornaments or coins. Loans cannot be sanctioned against bullion or primary/smuggled gold.
Incorrect
The security is the pledge of gold jewellery, ornaments or coins. Loans cannot be sanctioned against bullion or primary/smuggled gold.
Unattempted
The security is the pledge of gold jewellery, ornaments or coins. Loans cannot be sanctioned against bullion or primary/smuggled gold.
-
Question 8 of 10
8. Question
What is the maximum repayment period for the EMI-based Demand Loan?
Correct
The EMI-based Demand Loan has a maximum repayment period of 36 months.
Incorrect
The EMI-based Demand Loan has a maximum repayment period of 36 months.
Unattempted
The EMI-based Demand Loan has a maximum repayment period of 36 months.
-
Question 9 of 10
9. Question
What is the maximum repayment period for a Demand Loan with bullet repayment?
Correct
The bullet repayment Demand Loan has a maximum period of up to 12 months, with interest and principal payable at maturity.
Incorrect
The bullet repayment Demand Loan has a maximum period of up to 12 months, with interest and principal payable at maturity.
Unattempted
The bullet repayment Demand Loan has a maximum period of up to 12 months, with interest and principal payable at maturity.
-
Question 10 of 10
10. Question
What is the processing/upfront fee for a sanction limit above Rs. 50,000?
Correct
For sanction limits above Rs. 50,000, the processing/upfront fee is Rs. 500 plus GST.
Incorrect
For sanction limits above Rs. 50,000, the processing/upfront fee is Rs. 500 plus GST.
Unattempted
For sanction limits above Rs. 50,000, the processing/upfront fee is Rs. 500 plus GST.