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Your results are here!! for" GST SAHAY "
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Question 1 of 10
1. Question
What is the nature of the facility under GST Sahay?
Correct
GST Sahay provides a demand loan as hassle-free short-term credit against GST invoices.
Incorrect
GST Sahay provides a demand loan as hassle-free short-term credit against GST invoices.
Unattempted
GST Sahay provides a demand loan as hassle-free short-term credit against GST invoices.
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Question 2 of 10
2. Question
GST Sahay provides short-term credit against which of the following?
Correct
The facility provides short-term credit against GST invoices for Buyer (B2B) / Seller.
Incorrect
The facility provides short-term credit against GST invoices for Buyer (B2B) / Seller.
Unattempted
The facility provides short-term credit against GST invoices for Buyer (B2B) / Seller.
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Question 3 of 10
3. Question
What is the minimum exposure under GST Sahay?
Correct
The minimum exposure under GST Sahay is ₹10,000.
Incorrect
The minimum exposure under GST Sahay is ₹10,000.
Unattempted
The minimum exposure under GST Sahay is ₹10,000.
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Question 4 of 10
4. Question
What is the maximum loan amount per invoice under GST Sahay, subject to the overall borrower cap?
Correct
The maximum is ₹2.00 lakh per invoice, subject to a maximum limit of ₹10.00 lakh per borrower.
Incorrect
The maximum is ₹2.00 lakh per invoice, subject to a maximum limit of ₹10.00 lakh per borrower.
Unattempted
The maximum is ₹2.00 lakh per invoice, subject to a maximum limit of ₹10.00 lakh per borrower.
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Question 5 of 10
5. Question
Which entity is eligible under the GST Sahay scheme?
Correct
GST-registered MSME business entities (Proprietorship) having an account with the bank are eligible, subject to scheme conditions.
Incorrect
GST-registered MSME business entities (Proprietorship) having an account with the bank are eligible, subject to scheme conditions.
Unattempted
GST-registered MSME business entities (Proprietorship) having an account with the bank are eligible, subject to scheme conditions.
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Question 6 of 10
6. Question
Which applicant is not eligible under GST Sahay?
Correct
An applicant already availing a working capital facility is not eligible under the scheme.
Incorrect
An applicant already availing a working capital facility is not eligible under the scheme.
Unattempted
An applicant already availing a working capital facility is not eligible under the scheme.
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Question 7 of 10
7. Question
What percentage of the invoice amount can normally be financed under GST Sahay?
Correct
Normally, the assessment is 85% of the invoice amount, subject to the condition that the invoice is not older than 45 days.
Incorrect
Normally, the assessment is 85% of the invoice amount, subject to the condition that the invoice is not older than 45 days.
Unattempted
Normally, the assessment is 85% of the invoice amount, subject to the condition that the invoice is not older than 45 days.
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Question 8 of 10
8. Question
If the vintage of credit history is less than 6 months, what percentage of the invoice amount is considered for loan assessment?
Correct
Where the vintage of credit history is less than 6 months, the loan assessment is 70% of the invoice amount.
Incorrect
Where the vintage of credit history is less than 6 months, the loan assessment is 70% of the invoice amount.
Unattempted
Where the vintage of credit history is less than 6 months, the loan assessment is 70% of the invoice amount.
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Question 9 of 10
9. Question
What is the repayment period under GST Sahay?
Correct
The repayment period under GST Sahay is 90 days.
Incorrect
The repayment period under GST Sahay is 90 days.
Unattempted
The repayment period under GST Sahay is 90 days.
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Question 10 of 10
10. Question
What is the unified processing fee under GST Sahay?
Correct
The unified processing fee is 0.20% of the loan amount, equivalent to ₹200 per lakh.
Incorrect
The unified processing fee is 0.20% of the loan amount, equivalent to ₹200 per lakh.
Unattempted
The unified processing fee is 0.20% of the loan amount, equivalent to ₹200 per lakh.