Consumer Finance Team- Knowledge check for Fun
Quiz
•
English
•
2nd Grade
•
Practice Problem
•
Medium
Yashodhara KS
Used 3+ times
FREE Resource
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27 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
How many ORRA stores are there in Bangalore ?
10
11
12
13
2.
MULTIPLE SELECT QUESTION
10 sec • 5 pts
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
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
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
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
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
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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