WorksheetsRAPC Processing Officers
Total questions: 15
Worksheet time: 7mins
As per the policy, what is the maximum aggregate amount written off (regarding all credit facilities to the borrower by Bank/other banks/NBFCs) allowed for considering fresh loans (excluding credit card write-offs)?
₹50,000
₹1 lakh
₹2 lakh
₹5 lakh
For credit card write-off/settlement cases, up to what amount can be considered if the settlement/write-off is not more than 5 years old?
₹25,000
₹50,000
₹1 lakh
₹2 lakh
Retail Loan proposals (under public schemes) of staff/officers up to Scale III and their relatives shall be sanctioned by:
ZOCC-GM only
COCC-ED only
BM/RAPC/ DRMCC / RMCC as per Powers
CLCC-MCGM
In case of relatives of Senior Officers (Scale IV & above) applying for retail loans under public schemes, who considers the proposal?
ZOCC-GM only
ED only
BM/RAPC/ DRMCC / RMCC as per Powers
Corporate Office directly
For individual borrowers availing FRR or Mortgage Loans, which rating approach is to be followed?
Score Card Model only if exposure is above ₹2 crore
BOBICON Model irrespective of exposure
Score Card Model irrespective of exposure
Combination of Score Card and BOBICON
A residential property in Hyderabad(Metro) has a Realisable Value of ₹6 crore. As per the Bank’s policy, is a second valuation report required?
No, since residential properties don’t need second valuation in metro cities
Yes, since the value exceeds ₹5 crore threshold for metro cities
No, since the value does not exceeds ₹10 crore threshold for metro cities
Yes, but only if sanctioned by RMCC
For a commercial property situated in a Tier-2 city (other centres), at what value of Realisable Value does the requirement for a second valuation report arise?
Exceeding ₹5 crore
Exceeding ₹2 crore
Exceeding ₹10 crore
Exceeding ₹1 crore
An industrial property in Ahmedabad (Metro) has a Realisable Value of ₹9 crore. Does it require a second valuation?
Yes, since industrial property always requires second valuation irrespective of amount
No, since the value is below the ₹10 crore threshold for metro cities
Yes, since all metro properties exceeding ₹5 crore need second valuation
No, because only commercial and residential properties are covered
Which of the following are necessary ingredients of an equitable mortgage?1. Mortgagor should have a clear marketable title.
2. Original title deeds of the immovable property should be deposited with the Bank.
3. While depositing the title deeds, intention of creating mortgage must be expressed.
4. Title deeds must be deposited at places notified for the purpose.
5. Confirmation of mortgage to be obtained at least a day after creation of the mortgage
Only 1 and 2 are true
Only 2 and 3 are true
Only 1, 2 and 3 are true
Only 1, 2, 3 and 4 are true
All 1, 2, 3, 4 and 5 are true
How many points are generally covered in a Title Search Report (TSR)?
18
20
21
22
Under PMAY 2.0, what is the maximum household income considered for eligibility?
₹3 lakh
₹6 lakh
₹9 lakh
₹12 lakh
Under PMAY 2.0, in how many equal installments will the subsidy be released?
3 installments
4 installments
5 installments
6 installments
If a borrower has a CIBIL score of 825, what will be the effective Rate of Interest (ROI) on a Home Loan?
7.65%
7.75%
7.45%
7.40%
For a borrower under BML (Baroda Mortgage Loan – Individual) with a CIBIL score of 805, what will be the effective Rate of Interest (ROI)?
9.60%
9.45%
9.30%
9.15%
In a Home Loan, the total additional cost in the project cost (including 18% GST) can be a maximum of what percentage of the Sale Agreement value?
27%
35%
45%
55
