QUIZ 7 OFFICERS BATCH 2023-24

Maximum Concession that can be given to applicants purchasing electric vehicle under Auto Loan Scheme is

• 0.05%

• 0.50%

• 0.10%

• 0.25%

• NIL concession

What is the maximum loan that can be granted to regular pensioner for age above 70 years

• 8.00 lacs
• 5.00 Lacs
• 3.00 Lacs
• 1.50 Lacs
• None of above

What is the margin requirement to finance Mortgage Loan in case of Industrial Property

• 25%

• 35%

• 40%

• 50%

• 10%

Maximum repayment period for loan against Life insurance policy is                        .

• Maximum 60 EMIs or upto maturity period which ever is lower
• Maximum 36 EMIs or upto  maturity period whichever is  higher
• Maximum 36 EMIs or upto  maturity period whichever is  lower
• Maximum 60 EMIs or upto  maturity period whichever is  higher
• None of these

Unified Processing fees for all pension excluding staff is

• 500+ GST
• 1000 + GST
• 1500 + GST
• NIL
• None of these

In case of retail loans 13 years NEC is now permitted to be accepted in following cases

• Minor / interest is involved
• In properties, where advocates prima facie find any litigation in the property
• In case of the legal opinion, NEC to be obtained for open land / plot
• 1 & 3 only
• All of the above

What is maximum collateral free loan limit under Baroda education loan scheme for executive development programme under Baroda Gyan Scheme?

• 20 lacs
• 7.50 lacs
• 15 lacs
• 4 lacs
• 50 lacs

Whats is the Maximum deduction that is required to be taken under Baroda Auto loan scheme for 2 wheelers with GMI less than 20000

• 40%

• 50%

• 60%

• 70%

• None of the above

What is the maximum term loan that can given to Business Correspondents in urban areas

• 25000
• 30000
• 40000
• 50000
• 60000

Following capital expenditures are to be considered while under MSME Capex Card and CAPEX Loan

• Replacement of old machinery
• Purchasing of balancing euipments
• Investment in research and developments
• Only 1 and 3
• All of the above