Consumer Finance Team- Knowledge check for Fun

Consumer Finance Team- Knowledge check for Fun

2nd Grade

27 Qs

quiz-placeholder

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Consumer Finance Team- Knowledge check for Fun

Consumer Finance Team- Knowledge check for Fun

Assessment

Quiz

English

2nd Grade

Practice Problem

Medium

Created by

Yashodhara KS

Used 3+ times

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27 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

How many ORRA stores are there in Bangalore ?

10

11

12

13

2.

MULTIPLE SELECT QUESTION

10 sec • 5 pts

Media Image

What additional benefits do ORRA customers enjoy?

100% Certified &

Hallmarked

Jewellery

Lifetime Buyback
&
Exchange

7 Days Return Policy
&
6 Months Free Product Upgrade

2 Years Free Insurance

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Media Image

What is required for enrolling in ORRA's Advance Purchase Plan?

Only a Passport

Pan Card or any other Government ID card

Only a Driver's License

No ID is required

4.

MULTIPLE SELECT QUESTION

30 sec • 5 pts

Media Image

When would a scheme customer be eligible to receive 100% bonus (full benefits)?

100% Bonus is applicable after completing 5 payments, regardless of timing

100% Bonus is automatically applied at the start of the plan

100% Bonus is applicable on completion of all 10 payments on time

Bonus will be paid subject to payments being received on time.

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Media Image

The customer must carry the passbook at the time of paying Monthly advances?
True or False?

True

False

6.

MULTIPLE SELECT QUESTION

30 sec • 5 pts

Media Image

What is the Early or Partial Redemption of Schemes?

ORRA’s unique feature allows Advance Purchase Plan customers to redeem installment amounts in 2 parts

Customers can redeem 40% of the maturity amount.

Early redemption is eligible at the end of the 6th month from the plan's start.

ORRA currently does not offer this plan

7.

MULTIPLE SELECT QUESTION

30 sec • 5 pts

Media Image

Select the accurate terms for collecting the scheme amount from the customers?

No cash payment will be accepted outside the store premises.

As per RBI guidelines, cash payments above ₹2 Lakh will not be accepted

Cash payments of any amount are acceptable outside the store premises.

Customers can make the payment using UPI, Airpay, Electronic Clearance System, or Directly at the store.

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