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Your results are here!! for" PNB FARM MECHANISATION SCHEME "
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Question 1 of 10
1. Question
What is the minimum perennially irrigated land requirement for financing a tractor under the PNB Farm Mechanisation Scheme?
Correct
A minimum of 2.5 acres of perennially irrigated land is required for tractors, or corresponding acreage under the State Land Ceiling Act.
Incorrect
A minimum of 2.5 acres of perennially irrigated land is required for tractors, or corresponding acreage under the State Land Ceiling Act.
Unattempted
A minimum of 2.5 acres of perennially irrigated land is required for tractors, or corresponding acreage under the State Land Ceiling Act.
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Question 2 of 10
2. Question
What is the minimum land requirement for financing a power tiller under the Farm Mechanisation Scheme?
Correct
A minimum of 1.5 acres, owned singly or jointly, is required for a power tiller.
Incorrect
A minimum of 1.5 acres, owned singly or jointly, is required for a power tiller.
Unattempted
A minimum of 1.5 acres, owned singly or jointly, is required for a power tiller.
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Question 3 of 10
3. Question
For repair and renovation financing, what should be the age of the tractor from the date of manufacture?
Correct
For repair and renovation, the tractor should be more than 5 years old but not older than 12 years from the date of manufacture.
Incorrect
For repair and renovation, the tractor should be more than 5 years old but not older than 12 years from the date of manufacture.
Unattempted
For repair and renovation, the tractor should be more than 5 years old but not older than 12 years from the date of manufacture.
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Question 4 of 10
4. Question
What is the maximum age allowed for a second-hand tractor under the Farm Mechanisation Scheme?
Correct
A second-hand tractor should not be more than 5 years old.
Incorrect
A second-hand tractor should not be more than 5 years old.
Unattempted
A second-hand tractor should not be more than 5 years old.
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Question 5 of 10
5. Question
What is the maximum loan amount for repair and renovation of a tractor under the scheme?
Correct
The maximum loan for repair and renovation of a tractor is Rs. 1,00,000.
Incorrect
The maximum loan for repair and renovation of a tractor is Rs. 1,00,000.
Unattempted
The maximum loan for repair and renovation of a tractor is Rs. 1,00,000.
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Question 6 of 10
6. Question
What is the maximum loan amount for a second-hand tractor under the Farm Mechanisation Scheme?
Correct
The maximum loan amount for a second-hand tractor is Rs. 2 lakh.
Incorrect
The maximum loan amount for a second-hand tractor is Rs. 2 lakh.
Unattempted
The maximum loan amount for a second-hand tractor is Rs. 2 lakh.
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Question 7 of 10
7. Question
What is the repayment period for financing a new tractor under the Farm Mechanisation Scheme?
Correct
The repayment period for a tractor is 7 to 9 years.
Incorrect
The repayment period for a tractor is 7 to 9 years.
Unattempted
The repayment period for a tractor is 7 to 9 years.
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Question 8 of 10
8. Question
What is the minimum cash margin for tractor financing without mortgage of land?
Correct
A minimum 40% cash margin is required under the tractor financing scheme without mortgage of land.
Incorrect
A minimum 40% cash margin is required under the tractor financing scheme without mortgage of land.
Unattempted
A minimum 40% cash margin is required under the tractor financing scheme without mortgage of land.
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Question 9 of 10
9. Question
What is the primary security for tractor financing without mortgage of land?
Correct
The primary security is hypothecation of assets created out of the bank loan.
Incorrect
The primary security is hypothecation of assets created out of the bank loan.
Unattempted
The primary security is hypothecation of assets created out of the bank loan.
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Question 10 of 10
10. Question
What is the maximum repayment period for tractor financing without mortgage of land?
Correct
The maximum repayment period is 5 years through monthly, quarterly or half-yearly installments. Circle Heads may extend it from 60 to 72 months on merits.
Incorrect
The maximum repayment period is 5 years through monthly, quarterly or half-yearly installments. Circle Heads may extend it from 60 to 72 months on merits.
Unattempted
The maximum repayment period is 5 years through monthly, quarterly or half-yearly installments. Circle Heads may extend it from 60 to 72 months on merits.