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Your results are here!! for" PNB GST EXPRESS SCHEME "
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Question 1 of 10
1. Question
What is the primary purpose of the PNB GST Express Scheme?
Correct
The scheme provides working capital facilities based on GST returns.
Incorrect
The scheme provides working capital facilities based on GST returns.
Unattempted
The scheme provides working capital facilities based on GST returns.
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Question 2 of 10
2. Question
Which of the following business entities can be eligible under the PNB GST Express Scheme?
Correct
Eligible entities include Individuals, Firms, Companies, LLPs and Co-operative Societies, subject to the scheme conditions.
Incorrect
Eligible entities include Individuals, Firms, Companies, LLPs and Co-operative Societies, subject to the scheme conditions.
Unattempted
Eligible entities include Individuals, Firms, Companies, LLPs and Co-operative Societies, subject to the scheme conditions.
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Question 3 of 10
3. Question
For eligibility under the PNB GST Express Scheme, GST registered units must have filed GST returns for at least how many months?
Correct
GST registered units must have filed GST returns for at least the last six months.
Incorrect
GST registered units must have filed GST returns for at least the last six months.
Unattempted
GST registered units must have filed GST returns for at least the last six months.
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Question 4 of 10
4. Question
What types of facilities are available under the PNB GST Express Scheme?
Correct
The scheme provides Cash Credit and Non-fund Based facilities.
Incorrect
The scheme provides Cash Credit and Non-fund Based facilities.
Unattempted
The scheme provides Cash Credit and Non-fund Based facilities.
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Question 5 of 10
5. Question
What is the loan amount range under the PNB GST Express Scheme?
Correct
The loan amount is above ₹20 lakh and up to ₹1000 lakh.
Incorrect
The loan amount is above ₹20 lakh and up to ₹1000 lakh.
Unattempted
The loan amount is above ₹20 lakh and up to ₹1000 lakh.
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Question 6 of 10
6. Question
Under the PNB GST Express Scheme, the loan is assessed at what percentage of the sales reported in GST returns for the last 12 months?
Correct
The loan assessment is 25% of the sales reported in GST returns for the last 12 months.
Incorrect
The loan assessment is 25% of the sales reported in GST returns for the last 12 months.
Unattempted
The loan assessment is 25% of the sales reported in GST returns for the last 12 months.
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Question 7 of 10
7. Question
What percentage of collateral security is required under the standard option of the PNB GST Express Scheme?
Correct
The standard option requires 75% collateral in the form of immovable property and/or the bank‘s approved liquid security.
Incorrect
The standard option requires 75% collateral in the form of immovable property and/or the bank‘s approved liquid security.
Unattempted
The standard option requires 75% collateral in the form of immovable property and/or the bank‘s approved liquid security.
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Question 8 of 10
8. Question
Under the alternative collateral option, what percentage of collateral is required with Hybrid CGTMSE?
Correct
The alternative is 50% collateral with Hybrid CGTMSE.
Incorrect
The alternative is 50% collateral with Hybrid CGTMSE.
Unattempted
The alternative is 50% collateral with Hybrid CGTMSE.
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Question 9 of 10
9. Question
The concessional rate of interest under the PNB GST Express Scheme is linked with what?
Correct
The concessional rate is linked with the Internal Risk Rating.
Incorrect
The concessional rate is linked with the Internal Risk Rating.
Unattempted
The concessional rate is linked with the Internal Risk Rating.
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Question 10 of 10
10. Question
What concession is available on applicable processing charges under the PNB GST Express Scheme?
Correct
The scheme provides a 25% concession on applicable charges.
Incorrect
The scheme provides a 25% concession on applicable charges.
Unattempted
The scheme provides a 25% concession on applicable charges.