Indian Bank Promotion 2022-23: Practice Set 04

(Based on Credit Policy 2022-23)

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1. Specified Borrower means a borrower having Aggregate Sanctioned Credit Limit (‘ASCL’) of more than Rs. ………….. Cr at any time from April 1, 2019 onwards

 
 
 
 

2. Which is/ are true in regard to “the entrepreneurs/promoters of companies where banks/FIs have identified siphoning / diversion of funds, misrepresentation, falsification of accounts and fraudulent transactions”? 

 
 
 

3. As per RBI guidelines, which of the following is/ are true in regard to MSE sector:

 
 
 
 
 

4. Credit proposals beyond Rs. ………. Cr (fresh/addition/Expansions) should be accompanied by TEV study from an outside agency.

 
 
 
 

5. LSR & genuineness Certificate are to be obtained in every three years for accounts where valuation of property  and or Exposure is Rs. …………. or above  from a different lawyer/advocate

 
 
 
 

6. All account level issues for borrowers having exposure  …………………………………will be dealt by Mid Corporate Credit Vertical.

 
 
 
 

7. Minimum cap for takeover of Agri loans-KCC account –Rs. ………. and above

 
 
 
 

8. At least two Commercial Credit Information report (CIR) shall be obtained for corporate borrowers with exposure Rs………… and above. 

 
 
 
 

9. In case of MSME advances, rejection / curtailment of limits sought, should be done only with the approval of the next higher authority

 
 

10. WC/ TL facilities sanctioned but not availed within a period of ……….. months from the date of sanction require revalidation. 

 
 
 
 

11. Second Legal Opinion to be obtained for securities/ properties to be charged to advances of Rs…………… and above

 
 
 
 

12. For fresh or enhancement exposure of Rs 10 Cr & above with rating BB & Below and sanctioning authority upto COLCC (GM) , the NBG approving Committe is…………..

 
 
 
 

13. In case of takeover of accounts from any of the banks where our EDs or MD & CEO have worked earlier, for all loans above Rs………… Crore, MC should be the approving authority. 

 
 
 
 

14. Which of the following method of assessment of working capital is used by our Bank as leader for Consortium Advance?

 
 
 
 
 

15. In respect of KCC Limits (including KCC – AH & KCC-Fisheries), verification regarding existing KCC limits has to be compulsorily done through PMFBY portal to avoid multiple financing using Aadhaar number with due consent of the prospective borrower in writing

 
 

16. GoI has also launched a series of schemes under Atma Nirbhar Bharat with focus on Investment Credit. Which of the following products have been launched by our Bank:

 
 
 
 

17. For Project loans above Rs. ……………… crores, where our Bank is leader, Special Monitoring Agency (SMA) is to be appointed.

 
 
 
 

18. The Joint Liability Arrangement (JLA) is applicable to all lending arrangements for a single borrower with aggregate credit limits (both fund based and non-fund based) of Rs …………….. and above involving more than one Public Sector Bank.

 
 
 
 

19. Loans/advances to individuals from the banking system against security of shares, convertible bonds, convertible debentures, units of equity oriented mutual funds and PSU bonds shall not exceed the limit of Rs………….. for subscribing to IPOs.

 
 
 
 

20. The fresh exposure to be assumed by our bank under the consortium shall be preferably minimum of …………% of the total exposure (fund and non-fund based).