WorksheetsLPL Sales Quiz 2
Total questions: 60
Worksheet time: 30mins
Name
Class
Date
1.
How much amount from RSD will be held back for the first car purchased with Cars24?
a)
INR 2,500
b)
INR 5,000
c)
INR 10,000
d)
INR 20,000
2.
Do we charge any kind of onboarding fee from channel<br />partners?
a)
Yes<br />
b)
No
3.
Submission of valid business proof alongside other<br />documents is not mandatory for enrollment
a)
true
b)
false
4.
In case a dealer has two dealerships and wants both ofthem to get registered with Cars24, in such cases,__________ number submitted by dealer has to be different for both dealerships.
a)
PAN
b)
Aadhar Card
c)
Certification of Incorporation
d)
MOA
5.
Post verification of KYC via QC, Channel Partner will<br />receive only _______ days viewing access for the<br />dealer application.
a)
3
b)
7
c)
10
d)
14
6.
In case of rejected inspection miss cases, the forfeiture is<br />applicable based on the date at which the final payment<br />of the car is deducted from the dealer transaction<br />account
a)
true
b)
false
7.
The Refundable Security Deposit (RSD) will determine<br />the eligibility for bidding
a)
true
b)
false
8.
Cars sold to Channel Partner will be automatically<br />cancelled if not delivered within ______ days of<br />stock-in
a)
5
b)
6
c)
7
d)
10
9.
If the Channel Partner ends up being the highest bidder and winning<br />the car in an auction, an amount of INR 2,500 will be kept on hold from<br />his bidding balance. This is known as ______
a)
Refundable security deposit
b)
Holdback
c)
Booked amount
d)
None of the above
10.
Is the booked amount part of the full payment of the car like a token<br />amount?
a)
Yes<br />
b)
No
11.
Channel partner can deposit money in the Cars24 virtual account, via<br />______.
a)
NEFT
b)
RTGS
c)
IMPS
d)
All of the above
12.
How much token amount a CP is liable to pay if the car highest verified<br />bid value is >= 7 lacs?
a)
5% of the bid value
b)
7% of the bid value
c)
10% of the bid value
d)
20% of the bid value
13.
Frisking is mandatory at all Cars24 premises entry and<br />exit points
a)
true
b)
false
14.
Channel Partner can inspect all cars that are available at<br />the parking yard
a)
true
b)
false
15.
Only outstation dealers & CPs who are buying scrap cars are allowed<br />in the parking facilities
a)
true
b)
false
16.
Transferred amount takes ____ hours to reflect in<br />Channel Partner's DTA account
a)
1
b)
2
c)
3
d)
4
17.
Once GFD is done, Cars24 delivers car to the Channel<br /> Partner within _____ hours
a)
12
b)
24
c)
48
d)
72
18.
In case a Channel Partner selects self-pickup and is<br />unable to pick up the documents within ______ days,<br />then Cars24 will dispatch the documents to their default<br />address
a)
7
b)
14
c)
21
d)
28
19.
A car is unblocked for GFD when the loan payment & delivery payment<br />both are approved by the Cars24 backend team
a)
true
b)
false
20.
After how many days do we charge the Parking Charge to the CP
a)
2
b)
3
c)
4
d)
5
21.
How much is charged as a Parking Charge
a)
INR 100
b)
INR 200
c)
INR 300
d)
INR 400
22.
TCS is charged as per Section 206C of the Income-tax Act, 1961 where the TCS is 1% incase the value of the motor vehicle exceeds 10,00,000
a)
true
b)
false
23.
TCS would be charged at 5% incase the CP hasn't provided the PAN Card
a)
true
b)
false
24.
If the total turnover of the dealership with CARS24 reached INR 50,00,000 and the next car<br />bought is more than INR 10,00,000, TCS will be charged by car value and not on turnover
a)
true
b)
false
25.
RCD has to be paid even in case of a Scrap Car
a)
true
b)
false
26.
RCD can be adjusted/refunded against State NOC
a)
false
b)
true
27.
Cars24 can get the RC transferred on the CP's name if there are multiple customer/seller complaints (once 6 monts are over)
a)
true
b)
false
28.
Forfeiture every 3 months – INR 2,500 forfeited from the transaction balance till<br />receipt of transferred RC has been discontinued from Oct’19
a)
false
b)
true
29.
What's the service charge with the HVB of 1,40,000
a)
INR 750
b)
INR 750 + 18% GST
c)
0.005
d)
0.59% (Incl GST)
30.
What's the service charge with the HVB of 1,60,000
a)
INR 750
b)
INR 750 + 18% GST
c)
0.005
d)
0.59% (Incl GST)
31.
Service Charge can be waived off incase the CP makes is paying "Towing fees/Interstate transport charge"
a)
Yes
b)
No
32.
A sale confirmation is mandatory within 36 hours of stock-in a car region to act on the<br />dealer transportation request
a)
true
b)
false
33.
Will transportation charges be forfeited in case of back out by CP?
a)
Yes
b)
No
34.
How much time does the Cars24's technical team take to<br />check and validate the inspection miss claim?
a)
2 working days
b)
24 hours
c)
3 working days
d)
762 hours
35.
Is inspection by third-party mechanics allowed?
a)
Yes
b)
No
36.
In no case, CARS24 will provide compensation of any<br />amount for inspection miss claims being reported by the<br />CP
a)
true
b)
false
37.
If inspection miss raised by CP gets rejected by Cars24<br />then re-escalation can only be raised within ______<br />hours of rejection
a)
24
b)
48
c)
72
d)
96
38.
CP can raise inspection miss for odometer tampering<br />within ________ working days post-delivery of the<br />car
a)
2
b)
4
c)
5
d)
7
39.
Bank Statement of last 6 months" is not a mandatory<br />document for UNNATI regular
a)
Yes
b)
No
40.
Channel Partner can avail a guaranteed buy-back option<br />through which of the following?
a)
Unnati Regular
b)
Unnati Suraksha
c)
Unnati Plus
d)
All of the above
41.
What are the 2 main sections of Bazzar (D2D)
a)
Buy Section
b)
Sell Section
c)
Both 1&2
d)
None of te above
42.
Listing on Cars24 D2D platform is completely free of cost<br />and CPs can add as many cars they want
a)
true
b)
false
43.
Does Cars24 guarantee the current condition of the car?
a)
Yes
b)
No
44.
A Channel Partner can raise an issue through the<br />_______ section of the dealer application
a)
My Account
b)
Profile
c)
Help & Support
45.
Channel Partner can directly coordinate with the<br />customer and get PP completed without raising a ticket<br />through________
a)
Face to face meeting
b)
Virtual number
c)
Contacting Cars24 ops team
d)
All of the above
46.
For what all reasons PP might be required?
a)
RTO mandatory
b)
File lost in RTO
c)
Mandated by the RTO in case of<br />hypothecation
d)
Signature mismatch in documents
e)
All of the above
47.
CP needs to raise PP within how many days?
a)
120 Days
b)
100 Days
c)
150 Days
d)
180 Days
48.
What is the minimum duration for which a CP's transaction with Cars24 is blocked?
a)
7 Days
b)
10 Days
c)
15 Days
d)
30 Days
49.
Which of the following statements are incorrect?
a)
CP can take the vehicle for a test drive within the parking premises
b)
CP can bring external mechanic to inspect a vehicle
c)
CP can drink/eat/consume banned substances inside Cars24 premises
d)
All of the above
50.
CP needs to raise the issue under Shield Policy within how days of delivery
a)
10 Days
b)
20 Days
c)
30 Days
d)
100 Days
51.
Compensation CP will get incase Cars24 is unable to resolve the issue with 30 days of the issue being raised
a)
GFD Amount
b)
Compensation on the<br />account of RFC (up to 10%<br />of HVB or 20k whichever<br />is minimum)
c)
Both 1&2
d)
None of the above
52.
Shield Policy was borught into effect to avoid which of the following
a)
Negative Dealer Experience
b)
High TAT for car refund & return
c)
CP incurring RFC on the Car
d)
Wastage of man-hours
e)
All of the above
53.
Can a CP take Shield Policy after GFD is done
a)
Yes
b)
No
54.
Is Cars24 selling the warranty ?
a)
No
b)
Cars24 is selling warranty via a third-party vendor i.e. the Extended<br />Warranty India (EWI)
c)
Both 1&2
d)
None of the above
55.
Will Cars24 be responsible for the claim amount via EWI?
a)
Cars24, will not be responsible for any claim
b)
CP will have to connect with<br />EWI directly as per booklet & warranty card instructions
c)
Both 1&2
d)
None of the above
56.
For a car to be eligible for the warranty, the car must meet the which of the following criteria
a)
The car should be driven less than 1.4 lakh km
b)
The car age should be less than 12 years
c)
The car should not be of a premium brand
d)
All of the above
57.
Any pre-existing issue mentioned in the inspection report will not be covered by EWI under Warranty
a)
true
b)
false
58.
What are the options available to login to CP Application?
a)
User Name
b)
OTP
c)
Both 1 & 2
d)
None of the above
59.
Which are the 5 sections of the CP Application?
a)
Explore
b)
My Cars
c)
Orders
d)
Bazaar & Account
e)
All of the above
60.
What all documents need to be uploaded by the CP in order to get live bidding access?
a)
PAN Card
b)
Address Proof
c)
Dealership Proof
d)
Selfie
e)
All of the above
100 %
