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Your results are here!! for" PNB INNOVATE SCHEME "
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Question 1 of 10
1. Question
Which of the following is an eligible purpose under the PNB Innovate Scheme?
Correct
The scheme can finance purposes such as prototype creation, product development, website or app development, team hiring, raw materials, machinery, legal services, marketing and working capital.
Incorrect
The scheme can finance purposes such as prototype creation, product development, website or app development, team hiring, raw materials, machinery, legal services, marketing and working capital.
Unattempted
The scheme can finance purposes such as prototype creation, product development, website or app development, team hiring, raw materials, machinery, legal services, marketing and working capital.
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Question 2 of 10
2. Question
Which of the following is a permitted constitution for a startup borrower under the PNB Innovate Scheme?
Correct
Private Limited Companies, Registered Partnership Firms, LLPs and specified cooperative societies are among the permitted constitutions.
Incorrect
Private Limited Companies, Registered Partnership Firms, LLPs and specified cooperative societies are among the permitted constitutions.
Unattempted
Private Limited Companies, Registered Partnership Firms, LLPs and specified cooperative societies are among the permitted constitutions.
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Question 3 of 10
3. Question
Under GoI norms stated in the scheme, an entity is considered a startup for up to how many years from its date of incorporation?
Correct
Under the stated GoI norms, an entity is considered a startup up to 10 years from its date of incorporation.
Incorrect
Under the stated GoI norms, an entity is considered a startup up to 10 years from its date of incorporation.
Unattempted
Under the stated GoI norms, an entity is considered a startup up to 10 years from its date of incorporation.
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Question 4 of 10
4. Question
For an entity recognized as a Deep Tech Startup, the startup period can extend up to how many years from incorporation?
Correct
For an entity recognized as a Deep Tech Startup, the stated period is up to 20 years from the date of incorporation.
Incorrect
For an entity recognized as a Deep Tech Startup, the stated period is up to 20 years from the date of incorporation.
Unattempted
For an entity recognized as a Deep Tech Startup, the stated period is up to 20 years from the date of incorporation.
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Question 5 of 10
5. Question
With which organization should the startup generally be registered or recognized under the PNB Innovate Scheme?
Correct
The startup should be registered with or recognized by DPIIT, Government of India, or another Government Department as specified.
Incorrect
The startup should be registered with or recognized by DPIIT, Government of India, or another Government Department as specified.
Unattempted
The startup should be registered with or recognized by DPIIT, Government of India, or another Government Department as specified.
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Question 6 of 10
6. Question
Which of the following is NOT listed as a type of facility under the PNB Innovate Scheme?
Correct
The listed facilities are Cash Credit, Term Loan, Overdraft and LC/BG. A Demand Loan is not listed in the provided scheme details.
Incorrect
The listed facilities are Cash Credit, Term Loan, Overdraft and LC/BG. A Demand Loan is not listed in the provided scheme details.
Unattempted
The listed facilities are Cash Credit, Term Loan, Overdraft and LC/BG. A Demand Loan is not listed in the provided scheme details.
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Question 7 of 10
7. Question
What is the maximum loan amount under the PNB Innovate Scheme?
Correct
The maximum loan amount under the scheme is ₹50 crore, while the minimum is above ₹20 lakh.
Incorrect
The maximum loan amount under the scheme is ₹50 crore, while the minimum is above ₹20 lakh.
Unattempted
The maximum loan amount under the scheme is ₹50 crore, while the minimum is above ₹20 lakh.
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Question 8 of 10
8. Question
What is the margin requirement under the PNB Innovate Scheme?
Correct
The specified margin is 25%. Seed Capital or Venture Capital invested by Venture Capitalists or Angel Funds is treated as margin/equity.
Incorrect
The specified margin is 25%. Seed Capital or Venture Capital invested by Venture Capitalists or Angel Funds is treated as margin/equity.
Unattempted
The specified margin is 25%. Seed Capital or Venture Capital invested by Venture Capitalists or Angel Funds is treated as margin/equity.
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Question 9 of 10
9. Question
What is the maximum moratorium period available under the PNB Innovate Scheme?
Correct
The scheme provides a maximum moratorium of up to 36 months.
Incorrect
The scheme provides a maximum moratorium of up to 36 months.
Unattempted
The scheme provides a maximum moratorium of up to 36 months.
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Question 10 of 10
10. Question
Which statement correctly describes the service charges under the PNB Innovate Scheme?
Correct
Upfront, processing, inspection and commitment charges are NIL, and the prepayment penalty is also NIL.
Incorrect
Upfront, processing, inspection and commitment charges are NIL, and the prepayment penalty is also NIL.
Unattempted
Upfront, processing, inspection and commitment charges are NIL, and the prepayment penalty is also NIL.