Iibf Exam
Iibf Exam
9. Is the logo of
a) Pradhan Mantri Jan Dhan Yojana
b) Central Bank of India
c) Reserve Bank of India
d) None of above
19. Aadhaar is
a) 12 digit number card
b) Identity proof issued by UIDAI
c) Both (a) & (b)
d) None of above
20. E or S means
a) East or South zone
b) Easy and Swift
c) Either or Survivor
d) None of above
68. What kinds of services are available free in 'Basic Savings Bank Deposit Account?
a) Receipt / credit of money through NEFT / RTGS
b) No annual maintenance charges on ATM-cum-Debit card
c) 4 withdrawals in a month (including ATM withdrawals)
d) All of above
69. What is the minimum deposit required while opening a BSBD Account?
a) Rs. 100/
b) No minimum deposit required
c) Rs. 1,000/-
d) Rs.500/
79. PMJDY LIC Insurance of Rs.30,000/- is available for first time accounts opened
a) On 15th August 2014
b) On 26th January 2015
c) Between 15th August 2014 and 26th January 2015
d) None of above
80. are not covered under PMJDY Life Insurance Scheme of Rs.30,000/
a) Employees of Central / State Govt. / Public Sector Undertakings / Banks
b) Income Tax Payee
c) Aam Aadmi Bima Yojana beneficiaries
d) All of above
Q5. What is the purpose for which MUDRA loan can be availed for carrying on any
activity related to _?
a) Manufacturing, Processing, Trading, Services
b) Personal loan
c) Investment in Shares, commodities in Primary or Secondary Market
Q7. What are the Collateral /securities to be kept with Banks for getting loans for MSE
under PMMY?
a) Mortgage of movable or immovable Assets
b) Third Party Guarantee
C) NIL
Q12. The borrowers can avail the credit in a hassle free and flexible manner with the
MUDRA CARD which is a
a) Debit Card with Sanctioned limit
b) Credit Card
c) Ordinary Debit Card
Q14. What is the use of MUDRA Card? And how it can be used?
a) In drawing cash from ATM or Business Correspondent
b) Make purchases using Point of Sale (POS) machine.
c) Both of above
Q17. What are the Interest rates of the PMMY loans extended by banks, NBFCs, MFIs to
the borrowers?
a) Reasonable rates decided by lending banks, NBFCS, MFIs that should fall within the
overall RBI Guidelines
b) The rates as prescribed by MUDRA
c) Uniform rates as stipulated by the RBI
Q19. What is the grievance redressal mechanism available against bank officials, in the
event of non-sanction of loan?
a) The matter can be escalated to the next higher office (region / Zone) on the Bank
b) Customer can register complaint on Banks Nodal Officer-PMMY or
PMMY Mission office or PMMY Toll Free
c) Both of above
20) What are the documents that are required to be submitted for availing loans under
MUDRA?
a) Standard Loan Application Form
b) KYC, and other documents as may require as per internal guidelines of lending bank/NBFC
/ MFI
c) Both of above
Q22. Where are the Frequently Asked Questions (FAQs) on PMMY Loans available for
information of the Lending Institutions/public?
a) DFS website
b) PMO website
c) MUDRA website
25. The loans sanctioned by banks/ NBFCs/ MFIs on or after upto 10 lacs for small
business income - generating activities are known as PMMY loans.
a) 18-Mar-15
b) 08-Apr-15
C) 20-May-15
Q26. What is the amount of overdraft facility sanctioned under PMJDY is classified as
MUDRA loans under PMMY?
a) 5,000/
b) 10,000/
c) '15,000/
Q27. Who is eligible to get the MUDRA Loans under PMMY out of following borrowers?
a) Large Corporates
b) Municipal Corporations
c) Small fruit vendors, vegetables sellers etc.
Q28. Total loans sanctioned/ disbursed under PMMY is accessible to for information of
the Banks/ NBFCs / MFIs, General Public at large.
a) DFS website
b) MUDRA Portal
c) PMO website
Q29. All PMMY loans will be governed by formulated by MUDRA, in consultation with
DFS, rating agencies, MFIN and Sa-Dhan and other stakeholders for adoption by all the
lending institutions.
a) MUDRA Loan Code of Lending
b) MUDRA Loan Charter
C) PMMY Loan Charter
Q30. MUDRA scheme is applicable to which type of MSE businesses under Income
Generation purpose
a) Newly start ups
b) Existing business for expansion or upgradation
C) Both a) and b)