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Your results are here!! for" PNB Saraswati Education Loan "
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Question 1 of 10
1. Question
What is the main objective of the PNB Saraswati Education Loan Scheme?
Correct
The scheme aims to provide financial support to meritorious students pursuing higher education in India.
Incorrect
The scheme aims to provide financial support to meritorious students pursuing higher education in India.
Unattempted
The scheme aims to provide financial support to meritorious students pursuing higher education in India.
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Question 2 of 10
2. Question
Which of the following is an example of an institution whose courses are covered under the PNB Saraswati Education Loan Scheme?
Correct
Courses conducted by institutions such as IIMs, IITs, IISc, XLRI, NIFT and NID are specifically mentioned.
Incorrect
Courses conducted by institutions such as IIMs, IITs, IISc, XLRI, NIFT and NID are specifically mentioned.
Unattempted
Courses conducted by institutions such as IIMs, IITs, IISc, XLRI, NIFT and NID are specifically mentioned.
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Question 3 of 10
3. Question
Which of the following is specifically listed as an eligible course category under the PNB Saraswati scheme?
Correct
Professional courses such as ICWA, CA and CFA are included under the scheme.
Incorrect
Professional courses such as ICWA, CA and CFA are included under the scheme.
Unattempted
Professional courses such as ICWA, CA and CFA are included under the scheme.
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Question 4 of 10
4. Question
What is the residency requirement for a student under the PNB Saraswati Education Loan Scheme?
Correct
The student should be a resident Indian to be eligible under the scheme.
Incorrect
The student should be a resident Indian to be eligible under the scheme.
Unattempted
The student should be a resident Indian to be eligible under the scheme.
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Question 5 of 10
5. Question
How should a student generally secure admission to an eligible higher education course in India?
Correct
The student should secure admission through an Entrance Test or Merit Based Selection process after completion of HSC (10+2 or equivalent).
Incorrect
The student should secure admission through an Entrance Test or Merit Based Selection process after completion of HSC (10+2 or equivalent).
Unattempted
The student should secure admission through an Entrance Test or Merit Based Selection process after completion of HSC (10+2 or equivalent).
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Question 6 of 10
6. Question
How may cases of Management Quota admission be considered under the PNB Saraswati scheme?
Correct
Management Quota cases may be considered on merit basis.
Incorrect
Management Quota cases may be considered on merit basis.
Unattempted
Management Quota cases may be considered on merit basis.
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Question 7 of 10
7. Question
What is the margin requirement for a loan amount above Rs. 4 lakh under the PNB Saraswati scheme?
Correct
For loan amounts above Rs. 4 lakh, the margin requirement is 5%.
Incorrect
For loan amounts above Rs. 4 lakh, the margin requirement is 5%.
Unattempted
For loan amounts above Rs. 4 lakh, the margin requirement is 5%.
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Question 8 of 10
8. Question
What security arrangement applies to loans up to Rs. 7.50 lakh?
Correct
For loans up to Rs. 7.50 lakh, parent(s) or guardian(s) are made joint borrower(s), and no tangible security or third-party guarantee is required.
Incorrect
For loans up to Rs. 7.50 lakh, parent(s) or guardian(s) are made joint borrower(s), and no tangible security or third-party guarantee is required.
Unattempted
For loans up to Rs. 7.50 lakh, parent(s) or guardian(s) are made joint borrower(s), and no tangible security or third-party guarantee is required.
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Question 9 of 10
9. Question
What additional security is required for a loan above Rs. 7.50 lakh?
Correct
For loans above Rs. 7.50 lakh, parent(s)/guardian(s) are joint borrower(s) and tangible collateral security of suitable value acceptable to the bank is required.
Incorrect
For loans above Rs. 7.50 lakh, parent(s)/guardian(s) are joint borrower(s) and tangible collateral security of suitable value acceptable to the bank is required.
Unattempted
For loans above Rs. 7.50 lakh, parent(s)/guardian(s) are joint borrower(s) and tangible collateral security of suitable value acceptable to the bank is required.
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Question 10 of 10
10. Question
Which statement correctly describes the maximum repayment period and repayment holiday under the PNB Saraswati Education Loan Scheme?
Correct
The maximum repayment period is up to 15 years and the repayment holiday or moratorium is the course period plus one year. Prepayment charges are NIL.
Incorrect
The maximum repayment period is up to 15 years and the repayment holiday or moratorium is the course period plus one year. Prepayment charges are NIL.
Unattempted
The maximum repayment period is up to 15 years and the repayment holiday or moratorium is the course period plus one year. Prepayment charges are NIL.