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Your results are here!! for" SCHEME FOR FINANCING TO FARMER PRODUCER COMPANIES (FPCs) & FARMER PRODUCER ORGANISATIONS (FPOs) "
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Question 1 of 10
1. Question
What is the purpose of financing Farmer Producer Companies (FPCs) under the Equity Grant & Credit Guarantee Fund Scheme?
Correct
The scheme is intended to meet the financial needs of FPCs through Working Capital and/or Term Loan as per their requirement.
Incorrect
The scheme is intended to meet the financial needs of FPCs through Working Capital and/or Term Loan as per their requirement.
Unattempted
The scheme is intended to meet the financial needs of FPCs through Working Capital and/or Term Loan as per their requirement.
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Question 2 of 10
2. Question
Which entities are included in the target group under the FPC financing scheme?
Correct
The target group consists of FPCs registered with the Registrar of Companies and engaged in agriculture and allied activities.
Incorrect
The target group consists of FPCs registered with the Registrar of Companies and engaged in agriculture and allied activities.
Unattempted
The target group consists of FPCs registered with the Registrar of Companies and engaged in agriculture and allied activities.
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Question 3 of 10
3. Question
What is the minimum number of individual shareholders required for an FPC to be eligible for Credit Guarantee coverage from SFAC?
Correct
The FPC should have at least 500 individual shareholders.
Incorrect
The FPC should have at least 500 individual shareholders.
Unattempted
The FPC should have at least 500 individual shareholders.
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Question 4 of 10
4. Question
What minimum percentage of shareholders should be small, marginal and landless tenant farmers?
Correct
At least 33% of the shareholders must be small, marginal and landless tenant farmers.
Incorrect
At least 33% of the shareholders must be small, marginal and landless tenant farmers.
Unattempted
At least 33% of the shareholders must be small, marginal and landless tenant farmers.
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Question 5 of 10
5. Question
What is the maximum shareholding allowed for any one member other than an Institutional member?
Correct
Any one member other than an Institutional member cannot hold more than 5% of the total equity of the FPC.
Incorrect
Any one member other than an Institutional member cannot hold more than 5% of the total equity of the FPC.
Unattempted
Any one member other than an Institutional member cannot hold more than 5% of the total equity of the FPC.
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Question 6 of 10
6. Question
What is the minimum number of members required on the duly elected/nominated Board of an eligible FPC?
Correct
The Board must have a minimum of five members, with adequate farmer representation and at least one woman member.
Incorrect
The Board must have a minimum of five members, with adequate farmer representation and at least one woman member.
Unattempted
The Board must have a minimum of five members, with adequate farmer representation and at least one woman member.
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Question 7 of 10
7. Question
Up to what loan amount can an eligible FPC receive Credit Guarantee coverage from SFAC without collateral security or third-party guarantee?
Correct
Credit Guarantee coverage from SFAC is available for loans up to Rs. 1 Crore without collateral security or third-party guarantee, subject to eligibility.
Incorrect
Credit Guarantee coverage from SFAC is available for loans up to Rs. 1 Crore without collateral security or third-party guarantee, subject to eligibility.
Unattempted
Credit Guarantee coverage from SFAC is available for loans up to Rs. 1 Crore without collateral security or third-party guarantee, subject to eligibility.
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Question 8 of 10
8. Question
What is the one-time Guarantee Fee payable to SFAC under the FPC Credit Guarantee Scheme?
Correct
The one-time Guarantee Fee is calculated at 0.85% of the sanctioned Credit Facility, subject to a maximum of Rs. 85,000.
Incorrect
The one-time Guarantee Fee is calculated at 0.85% of the sanctioned Credit Facility, subject to a maximum of Rs. 85,000.
Unattempted
The one-time Guarantee Fee is calculated at 0.85% of the sanctioned Credit Facility, subject to a maximum of Rs. 85,000.
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Question 9 of 10
9. Question
What is the Annual Service Fee payable to SFAC on the sanctioned limit?
Correct
In addition to the one-time Guarantee Fee, an Annual Service Fee of 0.25% of the sanctioned limit per annum is payable.
Incorrect
In addition to the one-time Guarantee Fee, an Annual Service Fee of 0.25% of the sanctioned limit per annum is payable.
Unattempted
In addition to the one-time Guarantee Fee, an Annual Service Fee of 0.25% of the sanctioned limit per annum is payable.
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Question 10 of 10
10. Question
What is the repayment period for Working Capital under the FPC/FPO financing schemes?
Correct
Working Capital is provided for a period of 12 months, subject to annual renewal or review.
Incorrect
Working Capital is provided for a period of 12 months, subject to annual renewal or review.
Unattempted
Working Capital is provided for a period of 12 months, subject to annual renewal or review.