Recovery quiz 2024

What is the maximum sacrifice (write-off + waiver) power for RMCC headed by AGM ?

• Rs 1 Crore
• Rs 2 Crore
• Rs 2.5 Crore
• Rs 5 Crore

What is the discount factor for calculating NPV while considering compromise ?

• 9 percent
• 10 percent
• 12 percent
• 15 percent

What is the maximum period, where the extension of validity in OTS proposal can be considerd by the Sanctioning Authority ?

• 3 months
• 6 months
• 9 months
• 12 months

What is the minimum threshold limit for Classification of Borrower as a Non cooperative borrower ?

• Rs 1 Crore
• Rs 5 Crore
• Rs 7.5 Crore
• Rs. 10 Crore

As per the RBI's Master Direction of Transfer of Loan Exposure, What is the full of "MHP" ?

• Minimum Holding Period
• Maximum Holding Period
• Minimum Heldup period
• Maximum Heldup Period

As per the Recovery Policy, While calculating NPV, what is the maximum expected period of realization that can be considered for an immovable property, Where the physical possession had already been taken and litigation is going on ?

• 1 Year
• 2 Year
• 3 Year
• 4 Year

All the NPA accounts above __________ to be investigated from suspected fraud angles from respective ZIAD (through CAID) within three months from the degradation of account.

• Rs 10 Crore
• Rs 20 Crore
• Rs 25 Crore
• Rs 50 Crore

What is the full form of CIRP ?

• Corporate Insolvency Resolution Process
• Company Insolvency Resolution Professional
• Company Insolvency Resolution Process
• Corporate Insolvency Resolution Professional

All the NPA/ TWO/ PWO Accounts having outstanding of Rs 5 Crs and above should be transferred to ZOSARB after _______ months from the date of NPA

• 6 months
• 9 months
• 12 months
• 24 months

Who is the authority to consider the compromise, where the offer amount is 50 % less than the NPV for an agricultural property ?

• RMCC
• ZOCC
• COCC-GM
• COCC-CGM