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MT Induction Training Quiz

Total questions: 25

Worksheet time: 50mins

Name
Class
Date
1.

In which country did the concept of MicroFinance start ?

a)

Bangladesh

b)

India

c)

Pakistan

d)

Sri Lanka

2.

Beneficiaries in Micro Finance are

a)

High Income Group

b)

Low & Middle Income Group

c)

Only low Income group

d)

Only Middle Income Group

3.

In Micro Finance , loans are provided for ..

a)

Personal Expenses

b)

Higher Education of Children

c)

Income Generation Activity

d)

Expenses during Marriages

4.

What is the VISION of Arohan Financial Services Ltd ?

a)

10 by 2025

b)

20 by 2030

c)

10 by 2030

d)

20 by 2025

5.

What is the MISSION statement of Arohan Financial Services Ltd ?

a)

To empower the under-served households and small businesses by offering a range of financial services, in a manner sustainable for all stakeholders

b)

To empower the under-served households and small businesses by offering a range of financial services.

c)

To empower the under-served households in a manner sustainable for all stakeholders

d)

To empower all citizens below poverty line in a manner sustainable for all stakeholders

6.

What is the name of the main regulatory body governing the Micro Finance Industry ?

a)

RBI

b)

Sa-Dhan

c)

Ministry of Rural Development

d)

MFIN

7.

What are the type of products Arohan deals in ?

a)

Only Credit Products

b)

Only Non-Credit Products

c)

None of the above

d)

Credit and Non-Credit Products

8.

In how many Zones is the business of Arohan spread across ?

a)

4

b)

6

c)

5

d)

2

9.

Saral loans are given to ...

a)

Groups of Men

b)

Groups of Men and Women

c)

Groups of Women

d)

Individual Man or Woman

10.

What is the full form of JLG ?

a)

Joined Liable Groups

b)

Joint Lendable Groups

c)

Joined Liability Groups

d)

Joint Liability Groups

11.

What is the over-indebtedness policy ?

a)

JLG - Rs.80,000 ; Individual Rs.1,00,000.

Arohan : Rs.1,00,000.

b)

JLG - Rs.90,000 ; Individual Rs.80,000.

Arohan : Rs.1,00,000.

c)

JLG - Rs.80,000 ; Individual Rs.1,00,000.

Arohan : Rs.50,000.

d)

JLG - Rs.1,00,000 ; Individual Rs.80,000.

Arohan : Rs.1,00,000.

12.

Area Survey is the responsibility of ?

a)

CSR

b)

BH

c)

BQH

d)

AM

13.

Who is responsible for the GRT ?

a)

CSR

b)

BH

c)

BQH

d)

AM

14.

Purpose of Introductory Meeting is :

a)

Introduction of Arohan & Campaigning of Products

b)

Introduction of Arohan & Make Potential Customers

c)

Introduction of Arohan ; Campaigning of Products ; Make Potential Customers

d)

Introduction of Arohan

15.

During Pre-Training Meet , CSR has to collect :

a)

1 KYC Documents

b)

2 KYC Documents

c)

3 KYC Documents

d)

5 KYC Documents

16.

What is the time allotted for Customer Verification ?

a)

For New (30 mints) & for old (15 mints)

b)

For New (45 mints) & for old (30 mints)

c)

For New (15 mints) & for old (10 mints)

d)

For New (20 mints) & for old (15 mints)

17.

Part 2 of the Loan Process consists of :

a)

CGT 1

CGT 2

Cross Verification

GRT

Disbursement

Repayment / Collection

b)

CGT

Cross Verification

GRT

Disbursement

c)

Area Survey

Introductory Meet

CGT

GRT

d)

CGT

GRT

Verification

18.

Purpose of Borrowings is discussed during :

a)

CGT 1

b)

CGT 2

c)

GRT

d)

Verificatio

19.

Education of customers on Financial Planning is done during CGT 1.

a)

True

b)

False

c)

None of the Above

d)

False,Its also done in CGT 2

20.

Who is responsible for Cross Verification ?

a)

CSR

b)

BQH

c)

BH

d)

AM

21.

The purpose of GRT is to assess the suitability of a JLG to borrow from Arohan.

a)

False

b)

Neither True nor False

c)

True

d)

None of the Above

22.

What are the documents required to be ready one day before disbursement ?

a)

Pro Note

Loan Agreement

CAR

b)

Sanction Letter

Loan Card

CAR

c)

Pro Note

Loan Agreement

Sanction Letter

Loan Card

CAR

d)

Pro Note

Sanction Letter

Loan Card

23.

What is the moratorium period given to customer ?

a)

30 Days to 59 Days

b)

30 Days to 45 Days

c)

35 Days to 60 Days

d)

15 Days to 30 Days

24.

When is the LUC done ?

a)

Before Collection

b)

After 1st EMI is paid .

c)

During 1st day of collection

d)

After collection is over

25.

If a JLG member wants to take an individual loan, Plus Loan can be availed after the completion of first cycle loan

a)

False

b)

Neither True nor False

c)

Depends on the JLG member

d)

True