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Worksheets

Prarambh Batch Pre Test

Total questions: 20

Worksheet time: 20mins

Name
Class
Date
1.

What is loan ?

a)

Sum of money that one or more individuals or companies borrow.

b)

Borrower incurs a debt.

c)

Borrower & the Bank must agree on the terms of the loan.

d)

All of the above

2.

How many type of loan do we have ?

a)

Secured

b)

Unsecured

c)

Both

3.

Was Credit score is a criterial of loan ?

a)

Yes

b)

No

4.

Home Loan is a Secured Loan ?

a)

True

b)

False

5.

How many types of Interest Rates are there ?

a)

Fixed

b)

Floating

c)

Floating & Fixed Both

d)

None of the above

6.

80% value of 60lac is ______ ?

a)

12lac

b)

24lac

c)

36lac

d)

48lac

7.

what if the full form of CIBIL

a)

Credit Information Bureau (India) LTD

b)

Credit Investigation Bureau (India) LTD

c)

Credit Investigation Billing (India) LTD

d)

None Of the above

8.

What is moratorium ?

a)

a legally authorized period of delay in the performance of a legal obligation or the payment of a debt

b)

a waiting period set by an authority

c)

Both

9.

what is home loan ?

a)

A home loan is a secured loan that is obtained to purchase a property by offering it as collateral

b)

Loan Provided by borrower

c)

Loan provided by lender

10.

Who is lender ?

a)

A lender is who take money from bank

b)

A lender is a person or an institution that lends money to people

c)

Both

11.

Can customer transfer his/her loan to different bank ?

a)

No

b)

yes

c)

May be

12.

By when bank of baroda is founded ?

a)

20-Jun-1908

b)

20-Jul-1908

c)

19-jul-1969

d)

19-jun-1969

13.

in which state corporate office of BOB located ?

a)

New Delhi

b)

Gift City

c)

Mumbai

d)

Banglore

14.

Unsecured Loans means ?

a)

Backed by Collaterals

b)

Not have to offer collaterals

c)

Both

d)

None of the above

15.

Can we give Home Loan to NRI's ?

a)

Yes

b)

No

16.

what is the minimum age required of applicant to process home loans ?

a)

20yrs

b)

21yrs

c)

25yrs

d)

18yrs

17.

Can we add Close Relatives as an Co-applicant of home loan

a)

yes

b)

no

18.

Can we process 27yrs old unit for home loan ?

a)

Yes

b)

No

19.

Can we sale home loan to customer without giving service ?

a)

No

b)

Yes

20.

What is the full form of GPA ?

a)

Group Personal App

b)

Group Personal accident

c)

Ground Personal accident