WorksheetsAUTO LOANS
Total questions: 67
Worksheet time: 1hrs 7mins
Name
Class
Date
1.
Which of the following statements is incorrect regarding Certified Pre-owned Car Loan Scheme?
a)
Age of the vehicle should not be more than 8 years old
b)
The ownership should not have changed more than 2 times
c)
Minimum income required to be eligible for this loan is Rs. 3,00,000
d)
80% of the Invoice or IDV (Insured's Declared Value), whichever is lower can be financed.
2.
Which of the following is NOT correct regarding SBI Car Loan Lite Scheme?
a)
Customers having a CIBIL score of less than 650 will not be eligible for this loan.
b)
Pre-sanction Survey will have to be conducted mandatorily by the Bank official and not by any outside agency.
c)
Maximum repayment period of the loan will be 7 years.
d)
SME customers not owning a house should have a minimum score of 700 to be eligible for this loan.
3.
Branches need to verify ........................(Application for Registration Certificate of vehicle) before signing it and ensure that particulars viz. name, permanent address, PAN, vehicle description, Bank’s hypothecation charge, etc. tally with the de
a)
Form 34
b)
Form 20
c)
Form 35
d)
Form 16
4.
Take-over of Car Loans is
a)
Allowed provided the vehicle is not more than 2 years old and the ownership has not changed more than 2 times.
b)
Allowed provided the vehicle is not more than 5 years old and the ownership has not changed more than 2 times.
c)
Allowed provided the vehicle is not more than 2 years old and it is under single ownership.
d)
Not allowed under any circumstances.
5.
Which of these statements is not correct regarding SBI Car Loan Lite scheme
a)
Minimum margin will be 25% of the on-road price of the vehicle
b)
No loan will be given for applicants with a CIBIL score of less than 700
c)
No certificate from the dealer regarding receipt of margin money is to be accepted
d)
Pre-sanction survey of Residence and Workplace will be conducted by the Bank Official only.
6.
In case of Car Loans, copy of Insurance policy for the 1st year is to be obtained and retained with the loan documents and for subsequent years, it is not required to be obtained from the borrowers. This is true in case of___________.
a)
All standard Car Loans below Rs.20.00 Lacs
b)
All standard Car Loans above Rs.20.00 Lacs
c)
All standard Car loans irrespective of the loan amount
d)
All Car loans irrespective of their IRAC status and amount of loan
7.
A customer of 72 years of age approaches you for a car loan. He has substantial deposit amount in your Branch. Which product will you recommend?
a)
Car Loan Elite
b)
Car Loan Lite
c)
Assured Car Loan
d)
Car Loan to Pensioners
8.
If a Car Loan is "Standard", which statement is correct regarding instructions pertaining to obtention of current Insurance policy?
a)
After first year, copy of insurance policy need not be obtained in case of all standard car loans.
b)
For standard car loans below Rs. 20 Lacs, copy of insurance policy need not be obtained after first year.
c)
w.e.f. 13.08.2015, insurance policy need not be obtained in case of all new Car Loans below Rs. 20 Lacs and which are standard.
d)
Insurance cover is must in all the Car Loans whether standard or otherwise.
9.
An NRI of 66 years has approached for a car loan at branch. He is working abroad for last 1 year and have a valid job contract having a passport. His monthly NMI is $1000.00. Can we sanction a car loan to him?
a)
Yes
b)
No
c)
Yes with a close relative as guarantor
d)
Yes if he has $5000 in his savings account.
10.
The New Car loan scheme car Loan Lite is mainly for no income proof customers. As per the scheme the following point is incorrect
a)
Maximum loan amount is Rs.4.00 lac
b)
Margin required is 25% on road price
c)
New Loan is applicable for CIBIL score is >750
d)
Pre sanction Survey is to be conducted by Bank Staff and a new risk score model is applicable
11.
What is Role of Auto Loan Counsellors (ALCs)?
a)
Obtaining leads on Auto Loan requirements of individuals from various sources, viz., Dealers, Corporates, and Institutions, etc
b)
Meeting prospective Car Loan borrowers at a place and time convenient to them and explaining Car Loan product details.
c)
Filling in Car Loan applications and obtaining all the requisite documents, and delivering these to the Branches for further processing
d)
All are correct
12.
In case of Car Loans, what are the income documents required to be obtained from an applicant whose income is only from agriculture activity.
a)
Documents showing Land ownership
b)
Income certificate from Panchayat
c)
Documents showing both land ownership and cropping pattern
d)
IT Returns along with Documents showing both land ownership and cropping pattern
13.
Which of the following statements is not correct regarding maximum loan amount under Car Loans?
a)
The maximum loan amount that can be granted would be restricted to 48 times the net monthly income of salaried persons.
b)
The maximum loan amount that can be granted to Self Employed/ Professionals/ Businessmen should be up to 4 times the Net Profit or Gross Taxable Income per annum as per ITR, after adding back depreciation.
c)
The maximum loan amount that can be granted to Agriculturists should be up to 4 times the Net Annual Income.
d)
All the above are correct.
e)
s
14.
The maximum time schedule for receipt of application and sanction/disbursal of Car Loan is
a)
2 days
b)
3 days
c)
2 hours
d)
1 week
15.
In case of seizure of Cars / Vehicles under Auto Loan Scheme, what is the trigger point for seizure?
a)
Said Car Loan account becoming NPA
b)
Dishonour of two cheques/ECS or non-payment of two consecutive instalments.
c)
Account has been categorized as Doubtful Assets
d)
Three months from the date of NPA
16.
The second Credit Information Comapny (CIC) report for Car Loans will be taken from
a)
Experian
b)
Equifax
c)
CIBIL
d)
CRIF High Mark
17.
Which of these statements is NOT correct regarding NRI Car Loans?
a)
Tangible security covering at least 35% of the loan amount is required.
b)
NRIs having accounts with other Banks for the last 24 months with a minimum balance/ fixed deposits of Rs.50,000.00 are also eligible.
c)
Collateral security is waived.
d)
The borrower will have to open NRI account with SBI for repayment of EMIs.
18.
We may also reimburse finance for the cars purchased out of own funds which are not more than.........old
a)
1 month
b)
2 months
c)
3 months
d)
6 months
19.
Under Universal Distribution Network. Bank has tied up with which of these companies for marketing of our Auto Loan and related products.
a)
SBICAPS Securities Ltd. (SSL)
b)
SBI Mutual Funds (SBIMF)
c)
SBI Life Insurance Co. Ltd.
d)
SBI General
20.
The minimum loan amount eligible under Car Loan Overdraft Scheme is
a)
Rs.2.00 Lacs
b)
Rs. 3.00 Lacs
c)
Rs. 4.00 Lacs
d)
Rs. 5.00 Lacs
21.
The maximum loan amount under “SBI Car Loan Lite” scheme is
a)
Rs. 3.00 Lacs
b)
Rs. 4.00 Lacs
c)
Rs. 5.00 Lacs
d)
Rs.6.00 Lacs
22.
To avoid instances of fraudsters applying for Car Loans at multiple branches simultaneously, which activity in the LOS should be performed very carefully by the branches.
a)
De-dupe
b)
QDE
c)
DDE
d)
UND
23.
Which of these statements about "Assured Car Loans" is NOT correct.
a)
The loan should be repaid before the borrower attains the age of 75 years.
b)
Loan amount can be up to 100% of the amount of Fixed Deposit
c)
Pre-sanction survey is waived if the existing address with the Bank remains same as the present address.
d)
Applicants with CIBIL scores less than 600 and those in -1, 0 & 1 to 5 categories are also eligible.
24.
Bikes with engine capacity of ..................or more are considered Super Bikes in case of High Value Super Bike Loans.
a)
300cc
b)
500cc
c)
800cc
d)
1000cc
25.
Which of these is not a necessary condition for an applicant to become eligible under Car Loan Loyalty Scheme?
a)
Should have availed a housing loan from SBI
b)
Should have Satisfactorily serviced the housing loan for at least one year after the moratorium period.
c)
Should have taken the possession of the house.
d)
Should maintain a security margin of at least 25% for purchase/ construction of plot/house.
26.
For assessment of a car loan application, Income Tax Returns/ Form 16 are not required from which category of customers?
a)
Small Businessmen
b)
Salaried
c)
Agriculturists
d)
Professionals
27.
Income of ....................may be included for arriving at the loan eligibility for Car Loans.
a)
Spouse
b)
Father/ Mother
c)
Brother/Sister
d)
Any one of the above
28.
Women borrowers are offered a concession of......... in the interest rates in Car Loans.
a)
5 bps
b)
10 bps
c)
15 bps
d)
20 bps
29.
Maximum concession available in interest rates for car loans for Rs. 20 Lacs and above is
a)
Up to 10 bps below card rate
b)
Up to 20 bps below card rate
c)
Up to 30 bps below card rate
d)
Up to applicable MCLR
30.
In case of Car Loans, Circle CGMs can also exercise the discretionary powers of 30 bps to bulk business provided
a)
The Bulk business procured is minimum of 20 Car Loans with gross value of Car Loans amount of Rs 1 Cr and above, emanating from a single source of entity i.e. from organization / unit etc.
b)
For Car Loans upto Rs 5 Lacs, CIBIL score must be 700 & above and for car loans above Rs.5 Lacs, CIBIL and 2nd CIC score (each) must be 700 & above.
c)
Both 1 & 2 are correct
d)
Neither of 1 & 2 is correct.
31.
To avoid perpetration of frauds in Car Loans, suspicious/ ineligible Car Loan proposals should be
a)
Reported immdeiately to the local police authorities.
b)
Reported immdeiately to the Controllers to prevent the fraudsters from approaching any other branch of the Bank for the same loan.
c)
Rejected through LOS with proper reasons so that subsequent branches are put on guard through LOS de-dupe.
d)
None of the above
32.
RTO Form of Notice of Transfer of Ownership of a Motor Vehicle is
a)
Form 29
b)
Form 30
c)
Form 20
d)
Form 34
33.
Which of these statements is correct regarding transfer of Car Loan accounts from one branch to another?
a)
Only Standard Car Loan accounts can be transferred from one Branch to other Branch at the request of the borrower.
b)
Car Loan accounts can not be transferred.
c)
Only NPA Car Loan accounts can be transferred from one branch to another for better monitoring.
d)
None of the above
34.
Takeover of car loans can be considered selectively where
a)
the vehicle is not more than 2 years old and it is a single ownership vehicle
b)
no insurance claim has been availed against the vehicle
c)
The account of the borrower with the other bank is a Standard Asset i.e. all repayments have been made as per terms of sanction of the original financier.
d)
All the above are correct.
35.
In case of NRI Car Loans, the Resident Indian who will join the loan with the NRI will be a..........in the loan.
a)
co-borrower
b)
guarantor
c)
either a co-borrower or a guarantor
d)
neither a co-borrower nor a guarantor
36.
.......................Margin is stipulated on On-Road price of the vehicle in case of Loyalty Car Loans.
a)
NIL
b)
0.05
c)
0.1
d)
0.15
37.
In case of Certified Pre-owned Car Loans, valuation of the Cars will be arrived at with the help of
a)
Invoice of the dealers
b)
IDV as per the motor insurance policy
c)
Invoice of the dealers or the IDV as per the motor insurance policy whichever is less.
d)
None of the above
38.
The CIBIL Report of a Car Loan applicant shows a non-credit card account as settled. The application should be
a)
Sent to controllers for seeking deviation if it is otherwise in order
b)
Rejected
c)
Accepted and processed in a usual manner
d)
Accepted if only one such instance is there in the CIBIL Report
39.
The New Car loan scheme car Loan Lite is mainly for customers who do not have income proof. As per the scheme, the following point is incorrect
a)
Must have a CIBIL score of 700 & above if not residing in own/ parental House and 650 & above if residing in own/parental house.
b)
Customer must have Saving/Current bank account in his/her name or his business entity's name for at least 2 years
c)
Statement of Bank account will be obtained for the last 24 months reflecting regular transactions over the year.
d)
Fixed Deposit of 25% to be kept as collateral
40.
In case of Loyalty Car Loans, extension of Mortgage will not be compulsory for Loans up to
a)
Rs. 5.00 Lacs
b)
Rs. 10.00 Lacs
c)
Rs. 15.00 Lacs
d)
Rs. 20.00 Lacs
41.
In the post sanction stage of a car loan, vehicle registration details can be verified from the website
a)
Vahan.nic.in
b)
Gaadi.nic.in
c)
RTO.gov.in
d)
vehicle.nic.in
42.
What is the margin prescribed under SBI Loyalty Car Loan Scheme?
a)
0.05
b)
0.1
c)
0.15
d)
NIL
43.
A customer of your branch approaches you for a Car Loan of Rs. 10.00 Lacs. However, he is not able to provide any income proof since he is in the business of trading of Vegetables and does not file Income Tax returns. He maintains a sizeable deposit of around Rs.50.00 Lacs at your Branch (of which Rs. 15.00 Lacs is in form of STDRs). His CIBIL Score is -1. How will you entertain his request?
a)
Car Loan can not be sanctioned to a businessman having a CIBIL score of -1.
b)
He can be offered our Assured Car Loan scheme against his Term Deposits
c)
Deviation from the empowered authority can be obtained regarding the CIBIL score and a regular Car Loan can be sanctioned to him.
d)
Car Loans can not be sanctioned to persons not filing Income Tax returns.
44.
Rakesh Khurana, a young HNI customer of your Branch wants to purchase an 800 cc Harley Davidson Bike costing around Rs.15.00 Lacs. Rakesh's annual income from all sources is Rs.10 Lacs and he has approched you for a 2 wheeler loan of Rs.10.00 Lacs. Can a loan for this 2 wheeler be sanctioned to him?
a)
Yes, he can be sanctioned a loan under our High Value Super Bike Loan Scheme, subject to his EMI/NMI ratio of 50%
b)
No, the maximum loan amount under our modified 2 Wheeler Loan scheme is only Rs.3.00 Lacs
c)
Yes, loan for purchase of this bike can be considered under our regular Car Loan scheme.
d)
No, loans for purchase of these bikes is not permitted under any of our schemes.
45.
A customer approcahes you for a Car loan of Rs.5.00 Lacs for purchase of a 7 year old Honda City Car worth Rs.6.00 Lacs from Honda Auto Terrace, a dealer of ceritified pre-owned cars in your city. The customer's annual income is Rs.2.25 Lacs and his CIBIL score is 725. Can you sanction this loan?
a)
No, loan for used cars can be sanctioned only for vehicles which less than 7 years old.
b)
Yes, Car Loan can be sanctioned to him under our Used car loan scheme.
c)
No, the customer's annual income is below the required level of Rs.2.50 Lacs.
d)
Yes, loan can be sanctioned to him under our Certified Pre-owned Car Loans Scheme but the repayment period will be only 1 year.
46.
You have come to know that Mr. Rajesh Kumar, a young businessman of 35 years of age, is going to purchase an Audi Car for about Rs.24.00 Lacs and is also looking for a Car Loan in this regard. Mr. Kumar, having a CIBIL score of 825, is very particular about the pricing of the loan and is looking for the best deal amongst all the Banks he is dealing with. How would you pitch our Car Loan to him keeping in view his concerns about the pricing of the loan?
a)
He can get the best deal in terms of the interest rates applicable to the customers having a CIBIL score of 750 and above.
b)
Car Loan can be sanctioned to him at MCLR rate after approval from the competent authority provided he applies for a loan of minimum Rs.20.00 Lacs.
c)
Pricing of the loan can not be changed as he is going for a high value car loan.
d)
Concessions in interest rates can be provided to a customer only when there is bulk business with a minimum of 20 loans.
47.
Shri Sameer Saran, a CSP customer of the Bank, has approached you for a Car Loan for purchasing a Maruti Ertiga Car, ex-showroom cost of which is Rs. 8.00 Lacs. Road Tax and Insurance amounts to Rs.60,000 and the costs of extended warranty and accessories are Rs.25,000 and Rs.35,000 respectively. What is the maximum loan that can be sanctioned to Mr. Saran provided he fulfills all other eligibility criteria?
a)
Rs.7.65 Lacs
b)
Rs.8.10 Lacs
c)
Rs.8.28 Lacs
d)
Rs.7.82 Lacs
48.
Ms. Khushi Kapoor, an IT Consultant with a reputed company, has complained to you that despite her requests, the EMI of her existing Car Loan has not been reduced subsequent to a reduction in Car Loan interest rates. How will you deal with her complaint?
a)
EMIs in Car Loans can be reduced provided the account is standard with a minimum outstanding of Rs.5.00 lacs and reduction in interest rate is of 1% or more
b)
EMIs in Car Loans can be reduced provided the account is standard and reduction in interest rate is of 1% or more
c)
EMIs can be reduced only in case of accounts which have run regularly for a minimum period of 2 years and the reduction in interest rate is at least 1% or above
d)
EMIs can not be reduced with the reduction of interest rates in Car Loans under any circumstances.
49.
A customer of your branch got a Combo Loan (for purchase of a Car and a 2-wheeler together) sanctioned from you but does not want to avail the Car Loan portion of it. Is it allowed?
a)
Yes, after purchase of the 2-wheeler, his loan limit will be amended suitably and the EMI will be reduced accordingly.
b)
No, under the Combo Loan scheme, the customer has to buy both the Car and the 2-wheeler mandatorily.
c)
Yes, provided he buys a Car through this loan in a maximum period of 1 month after purchasing the 2-wheeler
d)
No, under Combo Loan scheme, the Car loan has to be availed first and the customer has the option of not buying the 2-wheeler only.
50.
Mr. Subodh and his wife Madhuri, have jointly applied for a Car Loan. However, the total income of both the applicants is not sufficient to make them eligible for the loan. Mr. Subodh has offered to add his father also as a joint applicant for the loan. How will you proceed with his request?
a)
Mr. Subodh's father can be added as a Guarantor in their loan if all all other criteria are met.
b)
Deviation from the next higher authority can be obtained regarding addition of his father as a Guarantor.
c)
Car Loan can be sanctioned to a maximum of 2 applicants only.
d)
Mr. Subodh's father can be added as a co-borrower in the loan if he fulfills all other conditions.
51.
A doctor (professional & self employed) has approached you for a car loan. His CIBIL score is -1 but his income as per ITR is very good. Can you go ahead with the sanction and why?
a)
No, with -1 CIBIL score he is not eligible
b)
Yes, doctors are exempted from having minimum cut off CIBIL score
c)
No, minimum CIBIL Score required is 700
d)
Yes, provided deviation approval is available from Regional Manager.
52.
Mr. Sampad wants to have a home loan. While scrutinizing his CIBIL Report, you have noticed that a vehicle loan is appearing in his report with written off status. The write off amount is Rs.16500.00. What action should you take?
a)
Sanction the loan as the written off amount is small.
b)
Sanction the loan as written off status does not require any deviation approval.
c)
Sanction the loan after obtaining deviation approval from Regional Manager.
d)
Sanction the loan after obtaining deviation approval from DGM (B&O).
53.
In Sashi's CIBIL report there are DPDs (Days past Due) appearing in the repayment history of his car loan as well as there is some overdue. His car loan is from one NBFC and he has been very regular in his repayment. Sashi is an existing customer of your Branch and wants help from you. How can you help him?
a)
You can not help in this matter as the loan is with other Bank.
b)
You can send an email to CIBIL stating the case history and asking for help.
c)
You can advise Sashi to raise a dispute with CIBIL through the menu available on CIBIL Home Page (website).
d)
You can send the account statement of Sashi showing the ECS deduction data to CIBIL for rectification of data.
54.
Ms Ratna & Ms Shobha are teachers in a local Delhi Public School. Both of them approached you for buying the same variant of Maruti Swift. Ms Ratna takes a car loan of Rs. 6 lac and Ms. Shobha takes a car loan of Rs.5.50 lacs. However, Ms Ratna gets a lower interest rate than Ms. Shobha and Ms. Shobha is unhappy about it. What could be the possible reason of difference in interest rate given they are buying the same vehicle at the same time?
a)
Ms. Ratna is taking a higher quantum of loan so she gets better rate.
b)
Ms Ratna must be having a better CIBIL score than Ms. Shobha and car loan interest rate is linked to CIBIL score.
c)
Ms Ratna must be having a better Risk Grade than Ms. Shobha and car loan interest rate is linked to Retail Scoring Model.
d)
It could be a mistake in data entry.
55.
Mr Raghuvir Yadav, 72 years old is buying a BMW car by taking a car loan from your Branch under Assurred Car Loan Scheme. He is a businessman. While processing his loan, you observe that his score is -1 in CIBIL. Can you go ahead with the sanction?
a)
Yes, there is no minimum CIBIL cut off score in case of Assured Cal Loan Scheme.
b)
No, -1 CIBIL score for businessman is not permitted.
c)
Yes, if deviation from GM (Network) is available
d)
Yes, if deviation from Regional Manager is available
56.
Shri Aditya has sanctioned a Car Loan to Ms Akshita. Ms Akshita has submitted Invoice and Registration Card to Shri Aditya.
a)
Shri Aditya has to take xerox of Invoice and Registration Card and keep with loan documents
b)
Shri Aditya has to take original Invoice and Registration Card and keep with loan documents
c)
Shri Aditya has to verify Invoice with quotation and Registration Card with website, take a xerox of them and enter in CBS after conducting post sanction inspection
d)
Shri Aditya need not keep Invoice and Registration as vehicle details are available in website and disbursement was made directly to Dealer's account.
57.
Ms Shweta RMPB was going through one of the Auto Loan file and she found some difference in price of vehicle between quotation and final invoice submitted by customer. What is the due diligence to be observed with respect to quotation and tax invoice submitted by customer?
a)
Both should be kept with loan documents
b)
Tax invoice should be tallied with quotation with respect to price and variant of vehicle. Prices given in quotation should be verified by Manufacture website uploaded in PBBU site.
c)
Only quotation from Dealer is enough as disbursement is made directly to Auto Dealer
d)
No specific instructions by Bank.
58.
Ms Kalpana RMPB has sanctioned Auto Loan to a customer and she has to give one form for entry of Hypothecation charge in vehicle. She has called you to enquire about the number of form. The form you will suggest will be
a)
Form 34
b)
Form 35
c)
Form 20
d)
Form 21
59.
Shri Atul, a local businessman has applied for Car Loan for purchase of Ford Freestyle. While scrutinising CIBIL Score, RMPB found that Shri Atul has got "-1" score in CIBIL. What will RMPB do?
a)
Go ahead and process the loan as per eligibility
b)
Take deviation from sanctioning authority and process the loan
c)
Will reject the loan as customer with "-1" score is not eligible for car loan
d)
Will ask Shri Atul to bring suitable guarantor and then process the loan
60.
Shri Ram Kumar, RMPB has gone for Pre Sanction Inspection at residence of customer who has applied for Car Loan. The customer is salaried person and wishes to purchase Toyota Yaris. Which fact he will not record while conducting pre sanction inspection report?
a)
Educational Qualification of customer
b)
Proof of customer residence and whether it tallies with actual residential address
c)
Proof of customer's identification and whether customer is identified on the basis of it.
d)
Number of years customer has taken to complete his studies
61.
Ms Aakarshita is Field Officer of Devtalaab branch and she is verifying car loan proposal for a businesman. State which of mentioned steps is not correct.
a)
Scrutiny of Current account of businessman
b)
Scrutiny of reported income in ITR with credit summation of account statement
c)
Compliance of CIBIL norms
d)
Waiver of Pre sanction inspection of residence and business place as customer is well known to her
62.
Shri Vineet has sanctioned Car Loan to a customer and completed documentation. State in which of the post sanction steps, he has made a mistake
a)
For making disbursement, he has checked that loan is being disbursed to dealer who has submitted quotation and whose name is appearing in LOS
b)
He has sent pre-disbursal letter to dealer to seek confirmation about genuineness of quotation.
c)
He has prepared IOI in name of Car Dealer and handed over to borrower
d)
He has sent post disbursement intimation letter to dealer
63.
Shri Magan Bhai is a Field Officer in Marhatal Branch. He was going through one of Auto Loan file and found some PDCs with the file. Which one of these statements is correct
a)
PDCs may be kept with loan document for easy access.
b)
PDCs should be kept in single custody of Shri Magan Bhai
c)
Blank PDCs should be obtained from customer and kept with loan documents
d)
PDCs should be kept in joint custody of Shri Magan and Manager (PBD)/ Accountant/ Cash Officer
64.
Which of the following statements is CORRECT regarding Certified Pre-owned Car Loan Scheme?
a)
Age of the vehicle should not be more than 8 years old
b)
The ownership should not have changed even once
c)
Minimum income required to be eligible for this loan is Rs. 2,50,000
d)
90% of the Invoice or IDV (Insured's Declared Value), whichever is lower can be financed.
65.
Income of .................... Can not be included for arriving at the loan eligibility for Car Loans.
a)
Spouse
b)
Father
c)
Mother
d)
Father in law
66.
RTO for meant for registration of vehicle is………….
a)
Form 29
b)
Form 30
c)
Form 20
d)
Form 34
67.
The CIBIL Report of a Car Loan applicant shows a business loan account as settled. The application should be
a)
Sent to controllers for seeking deviation if it is otherwise in order
b)
Rejected
c)
Accepted and processed in a usual manner
d)
Accepted if only one such instance is there in the CIBIL Report
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