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Credit Risk Management Policy Quiz

Total questions: 12

Worksheet time: 6mins

Name
Class
Date
1.

What is the definition of 'Default' as per the text?

a)

When an asset is classified as SMA

b)

When an asset is classified as sub-standard

c)

When an asset is classified as standard

d)

When an asset is classified as NPA

2.

What does 'PD' stand for in the context of credit risk management?

a)

Possible Default

b)

Principal Default

c)

Potential Default

d)

Probability of Default

3.

Who is responsible for overseeing the implementation of a consistent bank-wide risk management framework?

a)

CRMC

b)

CREDIT POLICY SECTION

c)

CREDIT RISK RATING DESK

d)

CREDIT RISK MANAGEMENT DESK

4.

What is the maximum percentage of the bank's eligible capital base for a single borrower including infrastructure projects?

a)

30%

b)

25%

c)

20%

d)

15%

5.

what is the maximum percentage of the bank's net worth for providing overdraft against property to stock brokers?

a)

30%

b)

50%

c)

20%

d)

40%

6.

What is the purpose of a consortium in banking?

a)

To share the risk of financing large amounts beyond the capacity of a single bank

b)

To offer credit to small businesses

c)

To provide loans to individual borrowers

d)

To compete with other banks in the market

7.

What is the role of the Steering Committee in a consortium?

a)

To ensure meaningful participation and make decisions if the consortium fails to reach a consensus

b)

To make all the decisions for the consortium

c)

To provide legal advice to the member banks

d)

To manage the day-to-day operations of the consortium

8.

What is the purpose of the Trust and Retention Account (TRA) in banking?

a)

To manage the financial transactions of the consortium

b)

To ensure compliance with regulatory guidelines

c)

To provide additional security for loans

d)

To control the diversion of funds by delinquent borrowers

9.

When is the Joint Lenders' Forum (JLF) mandatory for distressed borrowers?

a)

For borrowers with aggregate exposure of Rs. 50 Crore and above

b)

For borrowers with aggregate exposure of Rs. 10 Crore and above

c)

For borrowers with aggregate exposure of Rs. 500 Crore and above

d)

For borrowers with aggregate exposure of Rs. 100 Crore and above

10.

What is the purpose of the Canara Bank Proposal Rating (CBPR) system?

a)

To assess the creditworthiness of individual borrowers

b)

To manage the internal operations of the bank

c)

To evaluate the risk associated with corporate, Agri, and MSME loans

d)

To determine the interest rates for different types of loans

11.

What is the maximum percentage of the bank's eligible capital base for a GROUP borrower including infrastructure projects?

a)

25%

b)

22%

c)

20%

d)

35%

12.

What is the maximum percentage of the bank's net worth for providing overdraft against property to stock brokers?

a)

30%

b)

50%

c)

20%

d)

40%