Banking Questions Test (MCQ)- 31

monetary policy committee

01. After accepting the proposal  from farmers, a unique reference number shall be provided to farmers by____ a) Banks      b) Insurance company     c) Sate Govt.     d) NABARD 02. Section 2 of UPIS is Personal Accident Insurance Scheme . Coverage is like_____ a) PMSBY   b) PMJDY    c) LIC    d) WBCIS 03. Claim amount under Personal Accident Insurance Scheme (PAIS) in case

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Banking Questions Test (MCQ)- 30

monetary policy committee

01. Nodal points in your bank under PMFBY is_______ a) Main branch of Dist  b) Lead Bank c) Zonal Office  d) FGMO 02. After final cut off date of submission of insurance proposals , reconciliation process between nodal offices & Insurance companies is to be completed by____ a) 7 days  b) 15 days  c) 1 month   d) None of the

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Banking Questions Test (MCQ)- 29

monetary policy committee

01. Insurance premium for loanee farmer will be as___ a) integral part of loan   b) additional component to scale of finance c) Self arranged    d) From relatives  02. Premium rates for  Kharif crops under PMFBY is ___ a) 2 % of SI  b) Actual Rate as per norm c) Lower of a) & b)  d) Higher of a) & b)

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Banking Questions Test (MCQ)- 28

monetary policy committee

01. Coverage of PMFBY is applicable for___ a) KCC holders growing notified crops , b) growing All types of crops c) Compulsory coverage of non loanee farmers d) Voluntary coverage of all crops 02. One of the following risk  leading to crop loss is NOT covered under PMFBY____ a) Lightening      b) Theft        c) Cyclone & flood,      d) Drought 03. Prevented

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Banking Questions Test (MCQ)- 27

monetary policy committee

  01. Where tie–up for recovery with organizations accepted by zonal head,  Collateral security in agricultural loan is NOT obtained up to loan limit of – a) 1 lac                    b)  3 lac               c) 5 lac           d) 10 lac 02. Branches shall obtain simple declaration by the farmer on AC ST–ii for renewal of limit after       a)every 3

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Banking Questions Test (MCQ)- 26

monetary policy committee

  01. Drawing power for subsequent years shall be modified in the system at the time of renewal ofthe limit each year. For this purpose branch to use – a)  KCC collateral module     b) KCC primary  module    c) manual    d) none 02.Term loan component under the scheme is designed for capital expenditure where the asset life is such

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Banking Questions Test (MCQ)- 25

monetary policy committee

1. The Minimum target for agricultural lending for Banks ( other than foreign Banks) as % of their ANBC or credit equivalent of Off balance sheet exposure           a) 40                   b) 18                                    c) 8                            d) none 2.The Sub target under agricultural lending for finance to Small Farmer & Marginal Farmers as % of their ANBC or credit

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Banking Questions Test (MCQ)- 24

monetary policy committee

1 Agriculture Kharif Season loan disbursement will cover time period-    a) April to Sept     b).June to Sept    c) October to Next March  d) None       2. Agriculture Rabi Season loan disbursement will cover time period-     a) April to Sept     b).June to Sept    c) October to Next March  d) None       3. Small Farmer is one whose land holding is up to

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Banking Questions Test (MCQ)- 23

monetary policy committee

1. Eligibility criteria for beneficiaries in CEGSSC to be considered by MLIs___ a)SME units being setup promoted and run by SC entrepreneur b) The unit is not covered by any government subsidy / grant scheme. c) Registered companies /Societies / Partnership firms having more than75% shareholding by SC entrepreneurs with management control. d) All the above 2.Extent of max Guarantee

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