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TOTAL QUESTION: 30
TOTAL TIME= 30 MIN
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Your results are here!! for" PNB FLEET LOAN SCHEME "
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Question 1 of 30
1. Question
What is the primary purpose of the PNB Fleet Loan Scheme?
Correct
The scheme finances both new and old vehicles to be used for commercial purposes.
Incorrect
The scheme finances both new and old vehicles to be used for commercial purposes.
Unattempted
The scheme finances both new and old vehicles to be used for commercial purposes.
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Question 2 of 30
2. Question
Which requirement can also be met under the PNB Fleet Loan Scheme?
Correct
The scheme also provides finance to meet working capital requirements.
Incorrect
The scheme also provides finance to meet working capital requirements.
Unattempted
The scheme also provides finance to meet working capital requirements.
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Question 3 of 30
3. Question
For what purpose can BGs be issued under the scheme?
Correct
Bank Guarantees can be issued for Contracts/Orders.
Incorrect
Bank Guarantees can be issued for Contracts/Orders.
Unattempted
Bank Guarantees can be issued for Contracts/Orders.
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Question 4 of 30
4. Question
Is financing for Auto (three wheeler) considered under the PNB Fleet Loan Scheme?
Correct
The scheme specifically states that financing for Auto (three wheeler) is not to be considered.
Incorrect
The scheme specifically states that financing for Auto (three wheeler) is not to be considered.
Unattempted
The scheme specifically states that financing for Auto (three wheeler) is not to be considered.
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Question 5 of 30
5. Question
What is the minimum experience required in the transport sector for a borrower?
Correct
The borrower should have a minimum of 3 years of experience in the transport sector.
Incorrect
The borrower should have a minimum of 3 years of experience in the transport sector.
Unattempted
The borrower should have a minimum of 3 years of experience in the transport sector.
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Question 6 of 30
6. Question
What is the minimum existing fleet required for a fleet operator?
Correct
A fleet operator should have an existing fleet of minimum 5 vehicles, excluding three wheelers.
Incorrect
A fleet operator should have an existing fleet of minimum 5 vehicles, excluding three wheelers.
Unattempted
A fleet operator should have an existing fleet of minimum 5 vehicles, excluding three wheelers.
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Question 7 of 30
7. Question
The existing fleet of the borrower is to be verified from which sources?
Correct
The fleet is to be verified from Registration Certificates (RC) / Vahan.nic.in.
Incorrect
The fleet is to be verified from Registration Certificates (RC) / Vahan.nic.in.
Unattempted
The fleet is to be verified from Registration Certificates (RC) / Vahan.nic.in.
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Question 8 of 30
8. Question
Which permit may be held by eligible transport operators?
Correct
Eligible transport operators should hold national/state route permits and other necessary permits, licences and approvals.
Incorrect
Eligible transport operators should hold national/state route permits and other necessary permits, licences and approvals.
Unattempted
Eligible transport operators should hold national/state route permits and other necessary permits, licences and approvals.
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Question 9 of 30
9. Question
Which of the following entities may obtain vehicles for captive use under the scheme?
Correct
Education Institutions, Hospitals, Hotels and other business units needing specified vehicles for captive use are eligible.
Incorrect
Education Institutions, Hospitals, Hotels and other business units needing specified vehicles for captive use are eligible.
Unattempted
Education Institutions, Hospitals, Hotels and other business units needing specified vehicles for captive use are eligible.
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Question 10 of 30
10. Question
What is the Term Loan facility primarily intended for?
Correct
Term Loan is provided for purchasing commercial vehicles.
Incorrect
Term Loan is provided for purchasing commercial vehicles.
Unattempted
Term Loan is provided for purchasing commercial vehicles.
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Question 11 of 30
11. Question
What is the purpose of the OD limit under the Fleet Loan Scheme?
Correct
The OD limit is intended to meet day-to-day expenses.
Incorrect
The OD limit is intended to meet day-to-day expenses.
Unattempted
The OD limit is intended to meet day-to-day expenses.
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Question 12 of 30
12. Question
What is the minimum Term Loan amount under the scheme?
Correct
The minimum Term Loan amount is ₹50 lakh.
Incorrect
The minimum Term Loan amount is ₹50 lakh.
Unattempted
The minimum Term Loan amount is ₹50 lakh.
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Question 13 of 30
13. Question
The minimum Term Loan amount of ₹50 lakh is available for financing at least how many vehicles?
Correct
The minimum Term Loan amount of ₹50 lakh is specified for a minimum of 2 vehicles.
Incorrect
The minimum Term Loan amount of ₹50 lakh is specified for a minimum of 2 vehicles.
Unattempted
The minimum Term Loan amount of ₹50 lakh is specified for a minimum of 2 vehicles.
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Question 14 of 30
14. Question
What is the maximum Term Loan amount under the PNB Fleet Loan Scheme?
Correct
The maximum Term Loan amount is up to ₹25 crore.
Incorrect
The maximum Term Loan amount is up to ₹25 crore.
Unattempted
The maximum Term Loan amount is up to ₹25 crore.
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Question 15 of 30
15. Question
For financing used/second-hand vehicles, what should be the minimum purchase price of the vehicle?
Correct
The minimum purchase price for a used/second-hand vehicle should be ₹10 lakh.
Incorrect
The minimum purchase price for a used/second-hand vehicle should be ₹10 lakh.
Unattempted
The minimum purchase price for a used/second-hand vehicle should be ₹10 lakh.
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Question 16 of 30
16. Question
What is the maximum OD limit per vehicle financed by the bank?
Correct
The OD limit is a maximum of ₹1,00,000 per vehicle financed by the bank.
Incorrect
The OD limit is a maximum of ₹1,00,000 per vehicle financed by the bank.
Unattempted
The OD limit is a maximum of ₹1,00,000 per vehicle financed by the bank.
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Question 17 of 30
17. Question
What is the maximum OD limit per borrower under the scheme?
Correct
The maximum OD limit is ₹100 lakh per borrower.
Incorrect
The maximum OD limit is ₹100 lakh per borrower.
Unattempted
The maximum OD limit is ₹100 lakh per borrower.
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Question 18 of 30
18. Question
The OD limit is allowed against vehicles financed by the bank having what minimum on-road purchase price?
Correct
The OD limit is allowed against vehicles financed by the bank with an on-road purchase price of ₹10 lakh and above.
Incorrect
The OD limit is allowed against vehicles financed by the bank with an on-road purchase price of ₹10 lakh and above.
Unattempted
The OD limit is allowed against vehicles financed by the bank with an on-road purchase price of ₹10 lakh and above.
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Question 19 of 30
19. Question
What is the margin for new fully built vehicles?
Correct
For new fully built vehicles, the margin is 10% of the On Road Price.
Incorrect
For new fully built vehicles, the margin is 10% of the On Road Price.
Unattempted
For new fully built vehicles, the margin is 10% of the On Road Price.
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Question 20 of 30
20. Question
For fully built vehicles, what does the On Road Price include according to the scheme?
Correct
The On Road Price includes Vehicle Ex-Showroom Price, insurance and registration.
Incorrect
The On Road Price includes Vehicle Ex-Showroom Price, insurance and registration.
Unattempted
The On Road Price includes Vehicle Ex-Showroom Price, insurance and registration.
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Question 21 of 30
21. Question
What is the margin for the cost of chassis under the other category of new vehicles?
Correct
The margin for the cost of chassis is Nil.
Incorrect
The margin for the cost of chassis is Nil.
Unattempted
The margin for the cost of chassis is Nil.
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Question 22 of 30
22. Question
What is the margin for the cost of body building under the other category of new vehicles?
Correct
The margin for the cost of body building is 40%.
Incorrect
The margin for the cost of body building is 40%.
Unattempted
The margin for the cost of body building is 40%.
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Question 23 of 30
23. Question
What is the financing treatment for insurance, road tax and permit under the other category of new vehicles?
Correct
Insurance, road tax and permit carry 100% margin, meaning no financing from the bank.
Incorrect
Insurance, road tax and permit carry 100% margin, meaning no financing from the bank.
Unattempted
Insurance, road tax and permit carry 100% margin, meaning no financing from the bank.
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Question 24 of 30
24. Question
What is the margin for used/second-hand LCV/MCV/HCV not older than 2 years?
Correct
The margin for eligible used/second-hand LCV/MCV/HCV not older than 2 years is 35%.
Incorrect
The margin for eligible used/second-hand LCV/MCV/HCV not older than 2 years is 35%.
Unattempted
The margin for eligible used/second-hand LCV/MCV/HCV not older than 2 years is 35%.
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Question 25 of 30
25. Question
What is the maximum repayment period for new vehicles?
Correct
The repayment period for new vehicles is up to 72 months.
Incorrect
The repayment period for new vehicles is up to 72 months.
Unattempted
The repayment period for new vehicles is up to 72 months.
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Question 26 of 30
26. Question
For a used/second-hand vehicle, what is the maximum repayment period from the first registration date?
Correct
The maximum repayment period is 60 months from the first registration date, less the vehicle‘s age.
Incorrect
The maximum repayment period is 60 months from the first registration date, less the vehicle‘s age.
Unattempted
The maximum repayment period is 60 months from the first registration date, less the vehicle‘s age.
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Question 27 of 30
27. Question
What is the tenure of the Overdraft facility under the scheme?
Correct
The OD facility is for one year, subject to annual renewal.
Incorrect
The OD facility is for one year, subject to annual renewal.
Unattempted
The OD facility is for one year, subject to annual renewal.
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Question 28 of 30
28. Question
What percentage collateral security is required as one option under the scheme?
Correct
One collateral option is 20% security in the form of immovable property or eligible liquid security.
Incorrect
One collateral option is 20% security in the form of immovable property or eligible liquid security.
Unattempted
One collateral option is 20% security in the form of immovable property or eligible liquid security.
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Question 29 of 30
29. Question
What alternative coverage can be used instead of the specified collateral security?
Correct
The facility may have Credit Guarantee Coverage under CGTMSE/CGSSI for the entire exposure and may also be covered under the hybrid model of CGTMSE.
Incorrect
The facility may have Credit Guarantee Coverage under CGTMSE/CGSSI for the entire exposure and may also be covered under the hybrid model of CGTMSE.
Unattempted
The facility may have Credit Guarantee Coverage under CGTMSE/CGSSI for the entire exposure and may also be covered under the hybrid model of CGTMSE.
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Question 30 of 30
30. Question
The concessional rate of interest under the PNB Fleet Loan Scheme is linked with what?
Correct
The concessional rate is linked with Internal Risk Rating.
Incorrect
The concessional rate is linked with Internal Risk Rating.
Unattempted
The concessional rate is linked with Internal Risk Rating.