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SRMs Process Knowledge Test June'22

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

Are the float days added to the early pay sent date on NSE?

a)

Yes

b)

No

2.

What does Lapse stage indicates?

a)

Hasn't had an award in 4 months

b)

Hasn't had an award in 6 months

3.

Gbtl Ltd is asking about the total amount that would be initiated on the pay date 2022-06-24. Refer to snapshot and answer accordingly. Note-Manual award situation is not involved here.

a)

₹6,029,201.67

b)

₹5,789,489.71

c)

₹15,023,306.72

d)

₹8,994,105.05

4.

It is the rate at which RBI grants loans to commercial banks against government securities with an agreement to repurchase the securities  at a future date and predetermined price

a)

Reverse Repo Rate

b)

Repo Rate

c)

MCLR

5.

Select the dispositions in which a pop will appear to capture the current level of interest(While log the call in SFDC).

a)

“Connected – Non DM” or “Presented Solution/Walkthrough – Non DM”

b)

"Supplier Support-Proxy Offer" or "Supplier Support-General".

c)

“Connected – Decision Maker” or “Presented Solution/Walkthrough – DM”

6.

How much amount would be cleared/awarded in the Next Market Clear? Refer to snapshot and answer accordingly.

a)

₹1,873,238.00

b)

₹577,318.00

c)

₹577,318.00 + ₹1,873,238.00

d)

₹572,022.51

7.

Can we check the buyer-wise unapproved A/R (GST Opportunity) on NSE portal for registered supplier?

a)

Yes

b)

No

8.

When you will see an account in Attrited stage?

a)

Hasn't had an award in 4 months

b)

Account hasn't had an award within 6 months

c)

Account hasn't had an award in 13 month

9.

What are steps we have to follow while logging the GST call with the disposition Connected DM?

a)

Click on "GST Opportunity" check box and fill up the current level of interest

b)

Click on "GST Opportunity" check box and save .

c)

Mention "GST call" in the comment/remarks only

10.

Committed Now as current level of interest should be chosen when

a)

Suppliers are definitely going to participate in the next 90 days

b)

Suppliers are definitely going to participate in the next 7 days.

c)

Suppliers are definitely going to participate in the next 30 days.

d)

Suppliers are definitely going to participate in the next 15 days.

11.

Which buyer recently migrated  from PV to the C2FO platform?

a)

ITC PSPD

b)

Britannia Industries

c)

ITC TM&D

d)

International Tractors Limited

12.

Supplier "Prragathi Steel Castings Pltd" has participated today. From what amount the discount of ₹14,880.74 will be deducted. Refer to snapshot and answer.

a)

Clearing Amount ₹2,362,022.77

b)

Total Amount ₹5,973,004.44

c)

Discounted Amount ₹2,347,142.03

d)

Non-Clearing Amount ₹3,610,981.67

13.

Assume, XYZ Trading Company has participated for the selected invoices . Supplier calls in and asks to send the invoice detail for which supplier has participated. What is the correct step required to download and share the invoice detail? Note-Market will clear tomorrow, and the supplier is on the legacy portal.

a)

Admin

b)

SFDC

c)

SRM Home

d)

Supplier Portal

14.

Suppose, Today, we did proxy for ABC Limited and forgot to turn On the Exclude Future Invoices. Some of his new invoices got uploaded and included automatically in the existing AP for which we did Proxy . From where we will check for how much amount the proxy was done Note-Market will clear tomorrow.

a)

Award History

b)

In Market

c)

Offer Activity

d)

Supplier Portal

15.

In how many divisions has the supplier Pontus Pack Private awarded in today's market?

a)

5

b)

None

c)

2

d)

3

16.

Assume, SRM called to MBS and start giving the update on the available opportunity for 2 markets then supplier said he can see only one market detail .What steps required to do from SRM side? Note -DM is same for both the markets

a)

Send the offer/ invoice detail on e-mail

b)

Ask him to wait to add the division on the portal

c)

"Add User" detail on Admin

d)

Raise helpdesk ticket

17.

"Accounts with the highest probability of repeat participation". Identify the correct tag from the tags given below

a)

Record AP

b)

Targeted List

c)

DS Repeat

d)

New Experience

18.

GST Opportunity can be seen at Division -wise or Account -wise on SRM home ?

a)

Account-wise

b)

Division-wise

19.

Which of the following is similar to Good Funds Date?

a)

Early Pay Sent

b)

Early Pay Deposit

c)

Next Pay Date

20.

At what rate has the supplier turned ON the participation button today? Refer to snapshot and answer

a)

25.71%

b)

52.46%

c)

0.5%