Recollected Questions of PPB ✅ The no. of members in a SHG in SGSY in normal cases Ans:-: 10-20

Recollected Questions of PPB ✅ The no. of members in a SHG in SGSY in normal cases Ans:-: 10-20 ✅ Authorised capital is Rs.10 lac. Paid up capital Rs.6 lac. The loss of previous year is Rs.1 lac. Loss in current year is Rs.2 lac. The tangible networth is Ans:- Rs.3 lac ✅ Net working capital is Rs.80000. Current ratio is 3:1. The current assets are : Ans:- 120000 ✅ CDR in case of SME account (which is not correct) a. SME financed by any bank for any amount b.for corporate account, financing by one bank c. for corporate account from many banks for amount above Rs.10 lac d.None of the above Ans:- C ✅ Right to retain goods is called a.Assignment b.right of set of c. pledge d. Lien Ans:- Lien ✅ For obtaining loan against shares, the Charge on shares Ans:- Lien ✅ A director of the bank wants to raise loan from your bank against a. FDR of other bank b. share of same bank c. surrender value of Life Policy. Loan can be given against d. all the above Ans:-: Surrender value of Life Policy. ✅ Bill of lading, Railway Receipt are negotiable instruments under a. NI Act b. Sec 3 of Transfer of Property Act c. Sec 137 of Transfer of Property Act d. Sale of Goods act Ans:- C ✅ Keeping goods in safe custody is as per provisions of a. NI Act b. Indian Partnership Act c. Indian Contract Act d. All the above Ans:- C ✅ No dues certificate in case of agricultural advances is exempted up to a loan of: Ans:- Rs.50000 ✅ Liability of a coparcener in case of loan raised by HUF is : Ans:- Restricted to his share in HUF property/assets ✅ In KYC guidelines, the small account where simple KYC is applicable are those account where the amount deposited in the account is restricted to a. Rs.50000 b. Rs.1 lac c. Rs. 5 lac d. all the above Ans:- : Rs.1 lac ✅ In case of SMEs, the registration is mandatory in case of (a) medium enterprises in servicing (b) small manufacturing enterprises (c) manufacturing medium enterprises Ans:- C ✅ What is the maximum amount of loan for obtaining guarantee under CGTMSE of SIDBI : Ans:-Rs.50 lac ✅ A company has been sanctioned cash credit-pledge limit. Internal auditor finds that charge has not been registered with Registrar of Companies in time. In how much time it is to be done : Ans:- In case of pledge, not required. ✅ Loan system of credit delivery is not applicable in case of : Ans:-Software industry ✅ To sell an NPA, the account must remain in the books of seller bank : Ans:-for 24 months as NPA ✅ One of these is an indirect rate a. one $ = Rs. 39.56 b. one pound = Rs. 89.56, c. one yen = Rs. 0..30 d. Rs.100 = $ 2.60 : Ans:- D ✅ Which crossing is not recognized by NI Act a. Special b. payee’s account c. not negotiable d. all the above Ans:-: B ✅ Which among the following can open an Resident Foreign Currency account a. NRI b. Resident c. Erstwhile NRI now resident d. none Ans: C