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EXIT Test for MOs/MMs

Total questions: 30

Worksheet time: 15mins

Name
Class
Date
1.

What is the maximum loan quantum under Canara Ready Cash scheme?

a)

Rs. 1.00 Lakh

b)

Rs. 2.00 Lakh

c)

Rs.10.00 Lakh

d)

Rs. 20.00 Lakh

e)

Rs. 5.00 Lakh

2.

What is the maximum repayment tenure for Canara Ready Cash?

a)

36 EMIs

b)

60 EMIs

c)

72 EMIs

d)

84 EMIs

e)

120 EMIs

3.

Which scheme is introduced for funding the shortfall of hospital expenditure while settling the claims through Third Party Administrators (TPAs)?

a)

Canara – HEAL

b)

Canara - My Money

c)

Canara – Ready Cash

d)

Canara – Angel

e)

Canara - VSL

4.

Which of these is an Online Term Loan Against Deposit product under Retail Segment?

a)

Canara HEAL

b)

Canara Ready Cash

c)

Canara My Money

d)

Canara Angel

e)

Canara Delight

5.

Turnover for current year is 200 lacs and projections for next year is Rs 300 lacs, how much limit can be sanctioned under turnover method.

a)

75 lac

b)

60 lacs

c)

100 lacs

d)

80 lacs

e)

50 lacs

6.

A company has done revaluation of assets by which net worth has increased by 50000. Existing debt equity before revaluation was 2:1 then the new debt equity ratio will be ________, if the long term liabilities are 80000/-

a)

0.7

b)

0.8

c)

0.9

d)

1

e)

1.25

7.

What is the payment tenure of OTS, in case of Branch/RO sanctions?

a)

3 months

b)

6 months

c)

9 months

d)

12 months

e)

18 months

8.

What does FEMA stand for in the context of Forex regulations in India?

a)

Federal Emergency Management Agenc

b)

Financial Exchange Market Authority

c)

Foreign Equity Management Act

d)

Fiscal Exchange Management Association

e)

Foreign Exchange Management Act

9.

UCPDC 600, issued by ICC is a document containing rules and regulations for issuance of ______ .

a)

LCs

b)

BGs

c)

LOCs

d)

ECB

e)

FCCBs

10.

The maximum guarantee coverage by CGTMSE is ________

a)

Rs 50 lakhs

b)

Rs 100 lakhs

c)

Rs 150 lakhs

d)

Rs 200 lakhs

e)

Rs 500 lakhs

11.

What is the income criteria for being eligible under Canara Vehicle Loan – Two wheeler for salaried

a)

Minimum gross salary of Rs 3.0 lakh p.a.

b)

Minimum gross salary of Rs 2.5 lakh p.a

c)

Minimum gross salary of Rs 2.0 lakh p.a

d)

Minimum gross salary of Rs 1.75 lakh p.a.

e)

Minimum gross salary of Rs 1.50 lakh p.a.

12.

Full Form of FATF?

a)

Financial Action Terrorism Force

b)

Financial Action Task Force

c)

Federal Anti-Terrorism Force

d)

Foreign Asset Tracking Force

e)

Financial Accountability and Transparency Forum

13.

For being eligible to proceed under SARFAESI Act, the amount claimable from the borrower (including the accrued interest) should be not less than _____.

a)

Rs 1 lakh

b)

Rs 2 lakhs

c)

Rs 4 lakhs

d)

Rs 5 lakhs

e)

Rs 10 lakhs

14.

As per SARFAESI act, the borrower has a right to file an appeal in the DRT within a period of _____ from the date of possession of secured assets.

a)

90 days

b)

60 days

c)

30 days

d)

45 days

e)

15 days

15.

How Many INCO Terms are there?

a)

10

b)

11

c)

8

d)

9

e)

12

16.

The payment of service charges to Car Dealers and Sales Executives, for sourcing Canara Vehicle ( Four wheelers) is , _____ of loan amount with a max of _____ and _____ respectively.

a)

1.30 Percent , Rs 75000, Rs 2000

b)

1.50 Percent , Rs 75000, Rs 1500

c)

1.50 Percent , Rs 50000, Rs 2000

d)

1.30 Percent , Rs 100000, Rs 1500

e)

1.30 Percent , Rs 75000, Rs 1500

17.

Nil penal interest is applicable in case of priority sector agricultural loans upto

a)

Rs 5000

b)

Rs 10000

c)

Rs 15000

d)

Rs 20000

e)

Rs 25000

18.

The Turn over method of assessment for the WC limits is applicable for MSME (Manufacturing and services) units up to working capital limit of Rs ______.

a)

Rs 2 crore

b)

Rs 5 crore

c)

Rs 10 crore

d)

Rs 25 crore

e)

Rs 50 crore

19.

Current Assets 30, Net Working Capital 6, what is the current ratio.

a)

1.25

b)

1.33

c)

1.2

d)

1.6

e)

2

20.

Debt equity ratio of a firm is 2:1, if long term liabilities are 400, current liabilities are 600, what will the amount of total assets.

a)

600

b)

800

c)

1000

d)

1200

e)

1500

21.

What is advances to micro enterprises target for the Domestic commercial banks (excl. RRBs & SFBs)?

a)

7.5 percent of ANBC or CEOBE, whichever is higher

b)

12 percent of ANBC or CEOBE, whichever is higher

c)

15 percent of ANBC or CEOBE, whichever is lower

d)

18 percent of ANBC or CEOBE, whichever is higher

e)

20 percent of ANBC or CEOBE, whichever is lower

22.

Loans to individuals for educational purposes, including vocational courses, not exceeding _______ are considered as eligible for priority sector classification

a)

Rs 7.5 lakh

b)

Rs 10 lakh

c)

Rs 20 lakh

d)

Rs 25 lakh

e)

Rs 50 lakh

23.

Housing loans to individuals up to _____ in metropolitan centres (with population of ten lakh and above) and up to ______in other centres, qualify for classification under Priority Sector lending.

a)

Rs 45 lakh, Rs 30 Lakh

b)

Rs 45 lakh, Rs 35 lakh

c)

Rs 35 lakh, Rs 25 lakh

d)

Rs 30 lakh, Rs 25 lakh

e)

Rs 45 lakh, Rs 25 lakh

24.

Current assets of a firm are Rs 32 lacs and NWC is 8 lacs. What will be the current ratio

a)

1.17:1

b)

1.25:1

c)

1.33:1

d)

1.50:1

e)

1.6:1

25.

Pre paid expenses in the balance sheet is shown under

a)

Fixed assets

b)

Intangible assets

c)

Fictitious assets

d)

Non current asset

e)

Current asset

26.

When NPAT is 100, Income Tax 30, Depreciation 30, Interest 30 and Instalment is 90, What will be the DSCR?

a)

1.09

b)

1.6

c)

1.33

d)

1.25

e)

None

27.

An enterprise is classified as Small, where the investment in Plant & Machineries or equipment does not exceed ₹_______ and Turnover does not exceed ₹___________.

a)

Five Crores, Ten Crores

b)

Five Crores, Twenty Five Crores

c)

Ten Crores, Twenty Five Crores

d)

Ten Crores, Fifty Crores

e)

Twenty Crores, Fifty Crores

28.

An enterprise is classified as Micro, where the investment in Plant & Machineries or equipment does not exceed ₹_______ and Turnover does not exceed ₹___________.

a)

One Crore, Three Crores

b)

One Crore, Five Crores

c)

Three Crores, Ten Crores

d)

Five Crores, Ten Crores

e)

Five Crores, Twenty Five Crores

29.

A Service enterprise with investment of ₹1 Crore in equipments and Turnover of ₹7.50 Crores will be

a)

Small

b)

Micro

c)

Mudra

d)

Medium

e)

Tiny Unit

30.

A Manufacturing enterprise with investment of ₹50 Crore in Plants & Machineries and Turnover of ₹250 Crores will be classified as:

a)

Small

b)

Micro

c)

Mudra

d)

Medium

e)

Tiny Unit