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BOI-MSME -Credit Policy

Total questions: 15

Worksheet time: 5mins

Name
Class
Date
1.

What does ZED stand for in the context of MSMEs and certification in manufacturing?

a)

Zero defect/Zero effect

b)

Zero effectiveness/Zero defect

c)

Zero delay/Zero efficient

2.

MSME is defined under which act?

a)

MSMED Act 1999

b)

MSME Act 2004

c)

MSMED Act 2006

3.

A micro enterprise is an enterprise where investment in plant and machinery does not exceed how much amount?

a)

Rs 5 crores

b)

Rs 1 crore

c)

Rs 10 crores

4.

What is the MSME Public Procurement Portal called?

a)

MSME Sambandh

b)

MSME Samjhauta

c)

MSME Sampark

5.

In Medium Enterprises Investment in Plant & Machinery or equipment does not exceed Rs ............. crore and turnover does not exceed Rs ........ crores.

a)

20/50

b)

10/50

c)

50/250

6.

In the Composite criteria for classification of MSME where the enterprise exceeds the ceiling fixed for the category , it will be...........

a)

placed in the next lower category

b)

placed in the next higher category

c)

It will loose its MSME status

7.

The Calculation of investment in plant & machinery or equipment is linked to........

a)

WDV of the at the end of each financial year

b)

Purchase value

c)

Market value

8.

All Export Credit under MSME sector are allowed to be classified as ............

a)

Export lending

b)

Non-Priority lending

c)

Priority Sector Lending.

9.

MSME units shall continue to enjoy the priority sector lending status up to ........................years after the units grow out of the MSME category concerned.

a)

3

b)

1

c)

2

10.

60% of total lending to MSE sector should go to ..................... enterprises

a)

Medium

b)

Micro

c)

small

11.

RBI has mandated not to insist any collaterals for loans upto Rs............. lakhs extended to units in the MSME sector.

a)

20

b)

50

c)

10

12.

Maximum time limit fixed for disposal of the application as per the Bank's policy where the loan is over Rs 25,000/- and upto Rs 10 lakhs is................

a)

4 business days

b)

8 business days

c)

10 business days

13.

...................... is mandatory document for filing Udyam Registration.

a)

AAdhar card

b)

NPS card

c)

PAN card

14.

.......................... is a credit default predictor model for commercial /business entities.

a)

FITCH rating

b)

S & P rating

c)

CIBIL MSME Rank (CMR)

15.

Where CGTMSE cover is available, no collateral security is required up to Rs................ cr.

a)

1 crore

b)

2 crores

c)

5 crores