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Worksheets

50 MCQs with Options and Answers

Total questions: 48

Worksheet time: 24mins

Name
Class
Date
1.

Who is NOT eligible for Baroda Home Loan?

a)

NRIs

b)

Individuals

c)

PIO/OCI

d)

HUF

2.

Authority to waive ROI in construction delay?

a)

Branch Manager

b)

Regional Authority

c)

Zonal Authority

d)

Head Office

3.

Reimbursement for construction allowed within:

a)

12 months

b)

24 months

c)

36 months

d)

Not allowed

4.

Margin for Executive Development Program Education Loan:

a)

Nil up to 5L

b)

Nil up to 4L

c)

5% flat

d)

7.5%

5.

Processing charges for Baroda Vidya Loan:

a)

5%

b)

2%

c)

Nil

d)

10%

6.

Security for Baroda Vidya Loan:

(a)  

7.

Collateral for Baroda Scholar Loan above 7.5 lakh:

a)

None

b)

50% Collateral

c)

Third Party Guarantee

d)

100% Tangible Collateral

8.

Max repayment period for Baroda Scholar Loan:

a)

10 yrs

b)

12 yrs

c)

15 yrs + 2 yrs

d)

20 yrs

9.

Max building age under Ashray scheme:

a)

20 yrs

b)

30 yrs

c)

40 yrs

d)

50 yrs

10.

Revaluation under Ashray every:

a)

3 yrs

b)

5 yrs

c)

7 yrs

d)

Not required

11.

Scheme Code Category I (Top-up Loan):

a)

LA 197

b)

LA 198

c)

LA 199

d)

LA 200

12.

12. Scheme Code Category II (Top-up Loan):

a)

LA 197

b)

LA 198

c)

LA 199

d)

LA 200

13.

Mortgage extension needed for top-up up to 5 lakh:

a)

Yes

b)

No

c)

Depends on case

d)

Only if CIBIL < 700

14.

Margin for HL above 75 lakh:

a)

10%

b)

20%

c)

25%

d)

30%

15.

Max loan under GJRHJF:

a)

25 lakh

b)

40 lakh

c)

50 lakh

d)

75 lakh

16.

Not eligible for Two-Wheeler Loan:

a)

Farmers

b)

Salaried

c)

Ex-staff

d)

Businessmen

17.

External rating for Corporate HL:

a)

AA

b)

A

c)

BBB

d)

BB

18.

Acceptable CMR for Corporate HL:

a)

CMR 5

b)

CMR 6

c)

CMR 7

d)

CMR 8

19.

Max HL for Corporates:

a)

100 lakh

b)

300 lakh

c)

400 lakh

d)

500 lakh

20.

Max LTV for Corporate HL:

a)

80%

b)

75%

c)

70%

d)

65%

21.

Max repayment for Corporate HL:

a)

15 yrs

b)

20 yrs

c)

25 yrs

d)

30 yrs

22.

Max rent allowed (Mumbai/Chennai/Metro/Urban):

a)

20k/15k/10k/7.5k

b)

25k/15k/10k/7.5k

c)

30k/20k/15k/10k

d)

10k/7k/5k/3k

23.

Exception for pre-approved LAP eligibility:

a)

SMEs

b)

Pvt Ltd

24.

Ashray loan payable when:

a)

Borrower retires

b)

Income stops

c)

Last borrower dies/moves/sells

d)

None

25.

Cut-off score for Baroda Gyan:

a)

70/130

b)

85/140

c)

96/149

d)

110/155

26.

Moratorium for Scholar Loan:

a)

6 months

b)

1 year

c)

Course duration + 1 year

d)

None

27.

Pre-approved loan CIBIL requirement:

a)

650

b)

675

c)

701

d)

725

28.

Joint liability customers eligible for pre-approved limit?

a)

Yes

b)

No

29.

Pre-approved loan allowed in joint name?

a)

Yes

b)

No

30.

Purpose of Ashray Scheme:

a)

Student loan

b)

Senior citizen income support

c)

Business expansion

d)

Vehicle purchase

31.

Max age of property with Regional Head approval:

a)

35 yrs

b)

38 yrs

c)

40 yrs

d)

42 yrs

32.

Travel expenses allowed in Scholar Loan:

a)

Yes

b)

No

33.

Processing charges for Scholar Loan:

a)

Nil

b)

1%

c)

2%

d)

5%

34.

Collateral for Education Loan 4–7.5 lakh:

a)

None

b)

Third Party Guarantee

c)

FD

d)

Mortgage

35.

Education Loan above 7.5 lakh collateral:

a)

None

b)

50% Collateral

c)

100% Collateral

d)

Third Party

36.

Alternate security for loans:

a)

Shares

b)

Mutual fund

c)

Fixed deposit

d)

Gold

37.

Minimum continuous service for personal loan:

a)

6 months

b)

1 year

c)

2 years

d)

3 years

38.

NPA threshold for product:

a)

1%

b)

1.5%

c)

2.5%

d)

3%

39.

SMA-1 threshold for product:

a)

3%

b)

5%

c)

6%

d)

8%

40.

Farmers eligible for Two-Wheeler Loan?

a)

Yes

b)

No

41.

Collateral required for corporate loan?

a)

Always

b)

Never

c)

As per policy

d)

Optional

42.

FD lien allowed for education loan?

a)

Yes

b)

No

43.

Education loan includes laptop expenses?

a)

Yes

b)

No

44.

Scholar Loan covers exam fees?

a)

Yes

b)

No

45.

HL for NRIs allowed?

a)

Yes

b)

No

46.

PIO/OCI eligible for HL?

a)

Yes

b)

No

47.

Baroda Vidya covers school fees?

a)

Yes

b)

No

48.

Top-up loan allowed only after:

a)

1 year

b)

6 months

c)

Disbursement

d)

EMI begins