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TOTAL QUESTION: 20
TOTAL TIME= 20 MIN
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Your results are here!! for" PNB STAND BY LINE OF CREDIT (PNB SLC) FOR MSMEs TO FUND TEMPORARY LIQUIDITY MISMATCH "
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Question 1 of 20
1. Question
What is the product type of PNB Stand By Line of Credit (PNB SLC)?
Correct
PNB SLC is a Demand Loan.
Incorrect
PNB SLC is a Demand Loan.
Unattempted
PNB SLC is a Demand Loan.
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Question 2 of 20
2. Question
What is the primary purpose of PNB SLC?
Correct
The facility is intended to meet temporary liquidity mismatches arising from delayed receivables, GST input tax credits and other business requirements.
Incorrect
The facility is intended to meet temporary liquidity mismatches arising from delayed receivables, GST input tax credits and other business requirements.
Unattempted
The facility is intended to meet temporary liquidity mismatches arising from delayed receivables, GST input tax credits and other business requirements.
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Question 3 of 20
3. Question
Existing units having limits up to what amount are eligible under PNB SLC?
Correct
Existing units having limits up to Rs. 5 crore are eligible under the scheme, subject to the prescribed conditions.
Incorrect
Existing units having limits up to Rs. 5 crore are eligible under the scheme, subject to the prescribed conditions.
Unattempted
Existing units having limits up to Rs. 5 crore are eligible under the scheme, subject to the prescribed conditions.
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Question 4 of 20
4. Question
Are units of all ratings eligible under PNB SLC?
Correct
All units irrespective of rating are eligible, subject to the other scheme conditions.
Incorrect
All units irrespective of rating are eligible, subject to the other scheme conditions.
Unattempted
All units irrespective of rating are eligible, subject to the other scheme conditions.
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Question 5 of 20
5. Question
Which account status is eligible under PNB SLC?
Correct
The account should be standard. SMA-0, SMA-1 and SMA-2 accounts are also eligible.
Incorrect
The account should be standard. SMA-0, SMA-1 and SMA-2 accounts are also eligible.
Unattempted
The account should be standard. SMA-0, SMA-1 and SMA-2 accounts are also eligible.
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Question 6 of 20
6. Question
What is the maximum PNB SLC amount for eligible existing units, subject to the prescribed working capital calculation?
Correct
The maximum amount of PNB SLC is Rs. 1.25 crore.
Incorrect
The maximum amount of PNB SLC is Rs. 1.25 crore.
Unattempted
The maximum amount of PNB SLC is Rs. 1.25 crore.
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Question 7 of 20
7. Question
PNB SLC can generally be sanctioned at what percentage of working capital (FBWC + NFBWC)?
Correct
The loan amount is 25% of working capital (FBWC + NFBWC), subject to the maximum limit of Rs. 1.25 crore.
Incorrect
The loan amount is 25% of working capital (FBWC + NFBWC), subject to the maximum limit of Rs. 1.25 crore.
Unattempted
The loan amount is 25% of working capital (FBWC + NFBWC), subject to the maximum limit of Rs. 1.25 crore.
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Question 8 of 20
8. Question
How can the sanctioned PNB SLC amount be disbursed?
Correct
The limit is sanctioned in one go and may be disbursed in multiple tranches.
Incorrect
The limit is sanctioned in one go and may be disbursed in multiple tranches.
Unattempted
The limit is sanctioned in one go and may be disbursed in multiple tranches.
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Question 9 of 20
9. Question
If an adhoc facility is outstanding when PNB SLC is granted, what should happen?
Correct
The outstanding adhoc facility has to be liquidated from the proceeds of PNB SLC.
Incorrect
The outstanding adhoc facility has to be liquidated from the proceeds of PNB SLC.
Unattempted
The outstanding adhoc facility has to be liquidated from the proceeds of PNB SLC.
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Question 10 of 20
10. Question
How many facilities can the borrower avail at one time between adhoc facility and PNB SLC?
Correct
Only one facility can be availed at a time, either adhoc or PNB SLC.
Incorrect
Only one facility can be availed at a time, either adhoc or PNB SLC.
Unattempted
Only one facility can be availed at a time, either adhoc or PNB SLC.
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Question 11 of 20
11. Question
What does the Chartered Accountant certificate certify for PNB SLC?
Correct
The CA certificate certifies outstanding receivables and the amount of pending GST dues up to the months for which returns have been filed.
Incorrect
The CA certificate certifies outstanding receivables and the amount of pending GST dues up to the months for which returns have been filed.
Unattempted
The CA certificate certifies outstanding receivables and the amount of pending GST dues up to the months for which returns have been filed.
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Question 12 of 20
12. Question
What is required regarding the UDIN of the CA certificate?
Correct
The CA must obtain the Unique Document Identification Number (UDIN) through the UDIN Portal, and the branch must verify it on the portal.
Incorrect
The CA must obtain the Unique Document Identification Number (UDIN) through the UDIN Portal, and the branch must verify it on the portal.
Unattempted
The CA must obtain the Unique Document Identification Number (UDIN) through the UDIN Portal, and the branch must verify it on the portal.
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Question 13 of 20
13. Question
PNB SLC is made available as which type of limit?
Correct
The facility shall be made available as a Fund Based Limit only.
Incorrect
The facility shall be made available as a Fund Based Limit only.
Unattempted
The facility shall be made available as a Fund Based Limit only.
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Question 14 of 20
14. Question
What is the maximum overall repayment period for PNB SLC from the date of sanction?
Correct
The entire loan, including multiple tranches, must be repaid within a maximum of 12 months from the date of sanction.
Incorrect
The entire loan, including multiple tranches, must be repaid within a maximum of 12 months from the date of sanction.
Unattempted
The entire loan, including multiple tranches, must be repaid within a maximum of 12 months from the date of sanction.
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Question 15 of 20
15. Question
Which repayment options are available to the borrower under PNB SLC?
Correct
The borrower may repay through monthly, quarterly, half-yearly installments, or in one go.
Incorrect
The borrower may repay through monthly, quarterly, half-yearly installments, or in one go.
Unattempted
The borrower may repay through monthly, quarterly, half-yearly installments, or in one go.
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Question 16 of 20
16. Question
What prepayment charge is levied when the borrower makes early repayment of PNB SLC?
Correct
No prepayment charges are levied on early repayment of PNB SLC.
Incorrect
No prepayment charges are levied on early repayment of PNB SLC.
Unattempted
No prepayment charges are levied on early repayment of PNB SLC.
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Question 17 of 20
17. Question
What is the margin under PNB SLC for MSMEs?
Correct
The margin under PNB SLC is Nil, while margins on existing limits continue as per sanctioned terms.
Incorrect
The margin under PNB SLC is Nil, while margins on existing limits continue as per sanctioned terms.
Unattempted
The margin under PNB SLC is Nil, while margins on existing limits continue as per sanctioned terms.
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Question 18 of 20
18. Question
What is the interest rate charged on PNB SLC?
Correct
The interest rate is 0.50% above the sanctioned Cash Credit rate.
Incorrect
The interest rate is 0.50% above the sanctioned Cash Credit rate.
Unattempted
The interest rate is 0.50% above the sanctioned Cash Credit rate.
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Question 19 of 20
19. Question
What is the primary security for PNB SLC?
Correct
The security consists of hypothecation of stocks and receivables, including GST and other credit, along with extension of charge as prescribed.
Incorrect
The security consists of hypothecation of stocks and receivables, including GST and other credit, along with extension of charge as prescribed.
Unattempted
The security consists of hypothecation of stocks and receivables, including GST and other credit, along with extension of charge as prescribed.
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Question 20 of 20
20. Question
What is the processing fee for PNB SLC?
Correct
The processing fee under PNB SLC is Nil.
Incorrect
The processing fee under PNB SLC is Nil.
Unattempted
The processing fee under PNB SLC is Nil.