WorksheetsMUDRA LOANS Quiz
Total questions: 15
Worksheet time: 8mins
When should the Stock Statement be submitted?
Every month
Every week
At annual intervals as on 31st December
At the time of sanction
Who should sign the Stock Statement?
Customer
Accountant
Authorized signatory
Bank manager
What needs to be furnished in the stock statement?
Details of bills discounted
Marketing strategies
Employee salaries
List of holidays
What must be insured to the extent of market value?
Office furniture
Company vehicles
Employee health insurance
Stocks/fixed assets
Who bears the cost of insurance for stocks/fixed assets?
Bank
Insurance company
Government
Borrower
What is the minimum loan amount for overdraft facility to Bank mitras under Mudra?
50,000
10,000
75,000
25,000
What is the maximum loan amount for overdraft facility to Bank mitras under Mudra?
75,000
50,000
2,00,000
1,00,000
What is the minimum earning per month for loans upto 50,000?
2,000
3,000
4,000
5,000
What is the interest rate for overdraft facility to Bank mitras under Mudra?
5%
12%
8%
10%
What is the repayment period for overdraft facility to Bank mitras under Mudra?
Within 48 months
Within 24 months
Within 36 months
Within 12 months
What needs to be insured against the risk of fire, flood, cyclone etc.?
Stocks only
Both stocks and fixed assets
Cash reserves
Fixed assets only
What is the minimum earning per month for loans upto 1,00,000?
3,000
4,000
5,000
6,000
What is the interest rate for loans upto 50,000?
10%
15%
8%
12%
What is the maximum loan amount for loans upto 50,000?
1,50,000
75,000
1,00,000
1,25,000
What is the repayment period for loans upto 1,00,000?
Within 24 months
Within 36 months
Within 48 months
Within 60 months
