Master revision - recovery management

One of the following does not fall under pre-sanction monitoring. Identify the same.

• Ensuring proper documentation
• Ascertaining his business or employment credentials
• Checking on the CIBIL scores
• Inspecting the security offered

Identify the one which does not come under the purview of monitoring

• Keeping track of the borrower's movements
• Tracking the level of achievements vis-à-vis the projections
• Identifying the warning signals and actioning on the same
• Properly charging all assets obtained as security

Which of the following comes under pre-sanction monitoring?

• Ascertaining the genuineness of the quotations/proforma invoices submitted
• Identifying warning signals
• Stipulating the terms of sanction
• Releasing specifically wherever asset is to be created

Which one of the following does not come under post sanction and pre-disbursal monitoring?

• Periodical visits and Inspection of the asset charged
• Ascertaining the genuineness of documents submitted
• Releasing specifically wherever asset is to be created
• Ensuring proper documentation

While fixing DP based on the satock statement one of the following needs to be excluded. Identify the same.

• unpaid stock
• insured stock
• new stock
• paid stock

Identify the one which falls under post disbursal monitoring.

• Periodical visits and Inspection of the asset charged
• Ensuring proper documentation
• Ascertaining applicants' business or employment credentials
• Ascertaining the genuineness of the KYC documents

Identify the one which will NOT render the Physical Monitoring effective.

• fixing a prior appointment with the borrower for inspection of stock
• Verification of books and registers and validation of figures
• Collection of Information before Inspection
• Recording the observations

Total Stock is Rs.1,000/-. Margin required: 25%. Unpaid stock is Rs.250/-. Obsolete Stock is Rs.250/-. DP would be:

• Rs.375/-
• Rs.750/-
• Rs.812.50
• No DP can be fixed as unpaid + obsolete stock is 50% of the total stock

Identify the incorrect statement

• Bank shall always be in possession of the security
• Bank has to ensure that the Insurance remains in force through out
• Insurance Policy should have the Bank’s clause
• Primary responsibility of insuring the securities charged is that of the borrower

Which of the following information you would get in QIS-II?

• performance during the previous quarter
• HY funds flow statement for the previous half year
• HY operating statement for the previous HY
• Estimate for the ensuing quarter