WorksheetsFun with Finance_BM
Total questions: 25
Worksheet time: 25mins
Name
Class
Date
1.
Maximum age for applicant at the time of loan application according to the credit policy is?
a)
60 years
b)
58 years
c)
55 years
d)
65 years
2.
Which of the following is a primary identification document required for loan application?
a)
Passport
b)
Driving License
c)
UIDAI (Aadhaar Card)
d)
Bank Statement
3.
According to the credit policy, who is required to be a co-applicant for each case
a)
Friend
b)
Relative
c)
Immediate family member
d)
Neighbor
4.
What is the mandatory secondary identification document required for loan application?
a)
Aadhaar Card
b)
Passport
c)
Voter ID
d)
Bank Passbook
5.
In the case of a male borrower, who can be the co-applicant according to the credit policy?
a)
Wife
b)
Daughter
c)
Sister
d)
Uncle
6.
How many references are mandatory according to the credit policy?
a)
Two
b)
One
c)
Three
d)
None
7.
Which document is required as proof of ownership according to the credit policy?
a)
Telephone Bill
b)
Electricity Bill
c)
Land Receipt
d)
Gas Bill
8.
Which of the following purposes are acceptable for E-rickshaw loan application according to the credit policy?
a)
Personal Shopping
b)
Education Expenses
c)
Business Purposes
d)
Vacation Expenses
9.
What type of insurance is mandatory for a vehicle loan?
a)
Health Insurance
b)
Home Insurance
c)
Life Insurance
d)
Vehicle Insurance
10.
What type of security is required for the E-rickshaw loan according to the credit policy?
a)
Mortgage
b)
Collateral
c)
Hypothecation of the vehicle
d)
Personal Guarantee
11.
What is the acceptable credit score according to the credit policy?
a)
>=700
b)
>=575
c)
>=650
d)
>=750
12.
What is the maximum current loan amount allowed for cases of loan amount of Rs 140000
a)
Rs 250,000
b)
Rs 210,000
c)
Rs 450,000
d)
Rs 500,000
13.
How should the residence be verified according to the credit policy?
a)
Through documentation only
b)
Through FI process and documentation
c)
Through telephonic verification
d)
Through email verification
14.
What is the maximum deviation approval for the Geo Limit according to the credit policy?
a)
<=20 Km
b)
<=25 Km
c)
<=30 Km
d)
<=35 Km
15.
Which of the following documents is NOT required for applicant eligibility and documentation?
a)
Bank Statement
b)
Cheques & Nach form
c)
UIDAI (Aadhaar Card)
d)
Bank Sign Verification
16.
Who can be a co-applicant in the case of a female borrower according to the credit policy?
a)
Husband
b)
Father in Law
c)
Son
d)
All of the above
17.
How many cheques are required according to the credit policy?
a)
2
b)
3
c)
5
18.
What is the maximum age for co-applicants at the time of loan application?
a)
55 years
b)
58 years
c)
60 years
d)
65 years
19.
Which of the following is NOT considered an acceptable secondary ID document?
a)
PAN Card
b)
Voter ID
c)
Driving License
d)
Form 60
20.
What is the minimum age requirement for applicants at the time of loan application?
a)
16 years
b)
18 years
c)
20 years
d)
21 years
21.
What is the required condition if the electricity bill is not in the customer's name?
a)
No condition
b)
Proof of relationship required
c)
Provide a different utility bill
d)
Pay an extra fee
22.
What should be the DPD as on the date for cases between Rs 575 and Rs 650?
a)
Not specified
b)
>=30 days
c)
NIL
d)
>=60 days
23.
Which score is NOT acceptable according to the credit policy?
a)
>=650
b)
>=600
c)
<=575
d)
New to Credit in Highmark
24.
What is exempted in cases between Rs 575 and Rs 650 according to the credit policy?
a)
Late payment fee
b)
Default in credit card
c)
Insurance fee
d)
Processing fee
25.
Who can do the PD/FI along with RE in case of BM absence for NTC cases
a)
PD will not be done
b)
Head office
c)
AM
d)
AM or BH
100 %
