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MUDRA LOANS Quiz

Authored by Kotla Raghu

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Professional Development

Used 4+ times

MUDRA LOANS Quiz
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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When should the Stock Statement be submitted?

Every month

Every week

At annual intervals as on 31st December

At the time of sanction

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who should sign the Stock Statement?

Customer

Accountant

Authorized signatory

Bank manager

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What needs to be furnished in the stock statement?

Details of bills discounted

Marketing strategies

Employee salaries

List of holidays

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What must be insured to the extent of market value?

Office furniture

Company vehicles

Employee health insurance

Stocks/fixed assets

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who bears the cost of insurance for stocks/fixed assets?

Bank

Insurance company

Government

Borrower

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the minimum loan amount for overdraft facility to Bank mitras under Mudra?

50,000

10,000

75,000

25,000

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the maximum loan amount for overdraft facility to Bank mitras under Mudra?

75,000

50,000

2,00,000

1,00,000

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