Processing fee covers the expenses incurred on 14

What is Margin money? 1

Loans with shorter tenors are preferred. 1

What is the purpose of field investigation? 1234

DSA means ________ Sales Agents. 2

Construction equipments cannot be financed. 1f

Field investigation is an outsourced activity. 2f

The amount that the bank has to offer as loans is fixed based on the available capital. 2f

Processed fee is expressed as 124

BiMonthly repayments are done twice every month. 1f

Processing Fees is a fee charged to the ________. 3

Which is the most common and popular form of check repayment? 3

CPA is 3f

LTV stands for 2

Loan can be give to the customer who gives in writing that he will repay 2

What is the purpose of address proof? 1

Asset cost means 1

Mr. Keshav had provided post dated cheques for his car loan. The bank finds that the cheques are
getting bounced from Mr. Keshav`s account. Which IPC section would be applicable on Mr. Keshav? 3

In case of vehicle loans, the money is made available in the form of cheques in the name of _______ 2f

Loan servicing includes creating amortization charts 1

LTV is decided based on a matrix of tenure, income and asset type. 1

Subvention is a financial contribution by ________ 3f1

Which of the following is a positive pointer towards customer willingness for repayment? 123

The following can be used as income proof 123

Amortisation can be described as a term that defines the rate\ratio in which the EMI is split into
Principal and Interest. 1

A customer forecloses the loan, does he need to collect No Objection certificate? 2f

A de-dupe check is done to see if the applicant features on any of the defaulter lists. 1

Banks usually finance 100% of the cost of the asset. 2

Signing of an agreement is to ensure enforceability of the loan terms and is not a guarantee of
repayment. 2f

A ___________ scheme is popularly called as Rear Ended Repayment. 1f2f

Assets depreciate over a period of time by normal wear and tear.1

Amortisation schedule shows 14

In the step up scheme of loan repayment, the repayment _______ with every completed year. 1f

The depth and width of the secondary market is an important factor to consider when giving a loan. 1

Once all the post-disbursement document is in place, the entire file is sent to the ________. 1

In case of housing loans, the tenor options would range up to ______ months. 2f3

No Objection certificate is issued at the termination of loan to 2f1

Sum of Principal component and the Interest component should be _________ EMI. 3f2

Any change in course from the set credit policy is called as _________. 1

Which of the following is Trueabout resale value? 2

NPV stands for 1

PAN Card can be used as proof for date of birth 1f

IRR means 1

Structured repayments are customized to the client`s requirements. 1

______ EMI is the term used to denote a practice of taking the initial or even a few of the installments in
advance, before commencing the repayment of the loan of the customer. 1

For a bank to make profit in assest business following factors should be considered all

TVs have a very ______ resale value. 2

The rate of interest is fixed at the IRR based on all

Once the loan amount is disbursed, the asset gets delivered to the client. 1

DST stands for 3f1

Only those assets that do not depreciate should be financed 2

Based on ______, deals are structured and EMIs calculated for loan repayments 1

The risk of non-repayment is ______ in longer term loans. 2f

PDCs are instruments for collection of money 1

If there is no secondary market, then the asset risk is ______. 2

Making a credit decision is a balance between Customer Risk and Asset Risk. 1

Process of making the payment towards the loan requested by the customer is called ________ 3f2

The difference between the present value and the investment being made is called the _______. 1

In case of non-repayment or late payment, the case passes onto the collections team for recovery of the
loan installment 1

Balloon repayment is a term given to a structured scheme where the last installment is pretty _______.
1

Principal Outstanding is the principal amount that is still to be recovered from the customer. 1

Subvention is used by the finance companies to ________the rate of the financial offering to the
customer. 1f2

Who decides whether the loan application should be considered for credit sanctioning? 4

PDC stands for 2

Commercial vehicles like Trucks and jeeps cannot be financed 2

An application ID is generated at which stage of loan process?1f2f4f

If the product is technology intensive and the technology is expected to undergo rapid changes, such
products face a high risk of obsolescence 1

Credit is a subjective process. 1

In case there are gaps documentation, the file is sent to the ________ 1f

Asset purchase is a part of ________. 2

Passport is required to 13

A customer had taken a loan for his car and wishes to foreclose the loan. He pay the cheques in favor of
1

Larger the tenure of the loan, ______ will be the depreciation 1

A car used for one year has _____ resale value than the car used for five years. 1

________ is the last activity in loan process. 3

Financing a computer is not advisable because 3f2

The customers can apply loan through a) Dealers b) DSTs c) DSAs 3f2f

Customer risk is entirely dependent on the customers ability to pay 2

DM in the context of loan disbursement is 3f2

Subvention is a financial contribution by an external agency\party\body towards the rate of a financial

proposal. 1

Step down schemes of loan repyament is not practiced widely because of the negative impact it has on
the credit behavior of the customer. 1f

The first step in loan process is _______1f

Which of the following assets could be financed? 4

DM gives the break up of the financials associated with the customers loan application 1

NPV is ______ only when you get exactly your desired rate of return. 2

A No Objection certificate is not required on case of foreclosure as the loan amount is payed before the
time. 1f

Signature on the PDCs must match with the agreement and signature proof 1

IRR is the rate of discount when applied to a series of cash flows, makes the NPV of the cash flows to
____. 3

Loan closure can be of two types- 23

Loan To Value ratio is dependent on ______ of loan 2

Banks do not finance 100% of the cost of the vehicle/ asset or working capital cost, because 2

SOA is 1f2
Cheque is an instrument and does not show intention to repay. 1

PDCs are used for a legal recourse as a cheque is a _______ instrument 1

Who carries out the field investigation? 2