P&PB 2023 : QUIZ-8

P&PB 2023 : QUIZ-8

Professional Development

25 Qs

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P&PB 2023 : QUIZ-8

P&PB 2023 : QUIZ-8

Assessment

Quiz

English

Professional Development

Practice Problem

Hard

Created by

Kireet Pomal

Used 2+ times

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25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

1. Housing loans granted to individuals up to Rs.______ for construction of houses in metropolitan centers with population above ten lakh (excluding loans granted by banks to their employees) are treated as priority sector advances.

a) 0.5 million
b) 1.0 million
c) 3.5 million
d) 1.5 million

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

2. Educational loans granted individuals for education purposes up to Rs.______ for studies in India will be classified as priority sector.

a) 0.75 million
b) 1.0 million
c) 1.5 million
d) 2.0 million

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

3. The scheduled commercial banks are expected to enlarge credit to the priority sector and ensure that priority sector advances constitute_______.

a) 18 per cent of [ANBC] adjusted net bank credit.
b) 40 per cent of [ANBC] adjusted net bank credit.
c) 12 per cent of [ANBC] adjusted net bank credit.
d) 25 per cent of [ANBC] adjusted net bank credit.

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

4. The Government provides interest subvention of p.a. to the banks in respect of short term production credit up to Rs. _______provided to farmers.

a) 2 per cent Rs.3 lakh
b) 3 per cent Rs.2 lakh
c) 3 per cent Rs.5 lakh
d) 3 per cent Rs.3 lakh

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

5. No loan related and adhoc service charges/inspection charges should be levied on priority sector loans up to Rs.____________.

a) 25000/-
b) 50000/-
c) 10000/-
d) 75000/-

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

6. Kisan credit Cards are issued to farmers ______________.

a) To withdraw money from ATM
b) To purchase farm equipments
c) To purchase agriculture implements on credit from dealers
d) To meet their cultivation needs and non-farm requirements, including purchase of inputs and other short-term requirements and working capital requirements for allied activities.

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

7. Under farm mechanization scheme, loan is given for _________.

a) Providing irrigation facilities
b) Cultivation expenses
c) Purchase of farm equipments
d) For digging wells

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