Who regulates Insolvency Professionals?

The IBC, 2016 has adopted__________model for corporate

insolvency resolution.

a) Debtor in possession b) Debtor in control

Creditor in control d) NCLT in possession

From the time of sanction, if the security value is ________ of

the sanctioned amount, on becoming NPA, an account is

treated sub-standard unsecured account

After loss of security in a Substandard account, if the

secured balance remains_________it is classified as loss account

What is the maximum amount can be claimed for

settlement in Lok Adalat?

a) Rs. 10 Lac b) Rs. 100 Lac

c) Rs. 20 Lac d) Rs. 50 Lac

Provision should be made for Commercial Real Estate

Standard account.….. of outstanding balance?

IRAC norms for KCC limit for animal husbandry activities,

overdue for more than______days?

In a personal loan, the due date for payment was Nov 31,

2018 which the borrower did not pay. The provision as at

Mar 31, 2019 is to be made at ______% of the outstanding

amount

For doubtful loan, provision, rate is _______ if the account is

doubtful for a period above one year but up to 3 years :

A Sub-standard account has a balance of Rs. 10 Lac. What

will be amount of provision as on Mar 31,2019, if the value

of security is Rs. 7 Lac.

In case of provisioning of standard account, which of the

following rule is correctly stated :

Bank A & Bank B have allowed loan on consortium basis.

Loan is irregular with Bank A for 120 days and with Bank B

for 18 Months. The classification of account should be

What is the minimum claim amount for case to filed with DRT

If a Overdraft a/c is overdue for 61 to 90 days , then it is

classified as

Which of the following provision rate is not correct

6.

7.

8.

9.

Axis Bank & Baroda Bank have allowed loan on consortium

basis. Loan is irregular with Axis Bank for 120 days and with

Baroda Bank for 18 Months. The classification of account should be

Lenders shall report credit information, including

classification of sma account to crlic for all borrower with exposure

What is the time period of the notice to be given by a bank

for taking possession of a security SARFAESI Act 2002

A loan account ABCL limited became doubtful on April 2,

2017. What would be the provision percentage as on Mar

31, 2020?

Borrower objection is to be replied within _________days

under SARFEASI Action?

Within how many days under SARFAESI , sale notice is to be

published after taking physical possession?

a) 15 days b) 30 days

c) 7 days d) None of thes

Appeal against decision of Lok Adalat can be filled in

Under SARFAESI Act, the buyer of the assets sold by the

bank,has to deposit ______% of sale price immediately ?

a) 0.1 b) 0.2

c) 0.25 d) 0.5

Under SARFAESI Act, the buyer of the assets sold by the

bank,has to deposit remaining amount of ______within

_______?