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Mr Mohan is working as a Peon in State Govt

Dept since last 2 years posted in Tier 4


location . He is getting salary of Rs 15,000/-
per month & getting it bank credited to his
account. He is residing with family in rented
accomodation since last 2 years. Permanent
Address residence is owned by his parents.
He has applied for a loan of Rs 1 lacs for home
furnishing. Is he eligible for loan?
No - As per policy
class iv funding is
not allowed if
applicant is
residing in rented
house
No - As per
policy class iv
funding is not
allowed if
applicant is
residing in
rented house
Correct 49
On DPN whose signature is required? applicant signature
is required on a
revenue stamp
applicant
signature is
required on a
revenue stamp
Correct 50
Recertification_PL Self
Employed_Mar 2014
3 Max Attempt :: Test Name ::
131517 sarvesh.agarwal@fullertonindia.com Email :: User Name ::
1 Attempt No. :: Completed
QuestionText AnsStatus
Status ::
Correct Answer User Answer Row No
In standard ITR program bank statement
required is of last _______
06 months 06 months
Correct 51
PD at customers office is to be done by RO
False False
Correct 52
Please select the correct formula to calculate
the give ratio: <br> Debt Service coverage
Ratio (DSCR)
(PAT+Interest+Dep
reciation)/
(Interest+Instalme
nt of Loan Due for
Repayment)
(PAT+Interest+D
epreciation)/
(Interest+Instal
ment of Loan
Due for
Repayment)
Correct 53
Dedupe is generated after FCU check is done
False False
Correct 54
Debt Service Coverage Ratio (DSCR)=PBDIT/
Only Interest Components of running Loan
(Excluding Principal)
False False
Correct 55
In a partnership firm residence CPV to be done
is only for the applicant and not for other
partners
False True
Wrong 56
Critical customer information in the application
form for conducting CIBIL report for individuals
are: (More than one option can be selected.)
Name
DOB
Name
DOB
Father's name
Spouse name
Wrong 57
Minimum Taxable Income required in SEP
Customer for a Tenor till 48 Months is ?
2.0 Lacs 2.0 Lacs
Correct 58
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We should add-back the Interest on a Loan
which is not part of Financials.
False False
Correct 59
There Should be minimum 7 MOB are required
to Balance Transfer or BT
False False
Correct 60
Following documents are required to login a
Pvt Ltd case (More than one option can be
selected.)
ITR of Firm
55% of directors
as co app
Individual Banking
&amp; ITR of
directors taken as
co app
55% of directors
as co app
ITR of Firm
Individual
Banking &amp;
ITR of directors
taken as co app
Wrong 61
Cases can be rejected in CPV stage when:
(More than one option can be selected.)
applicant does not
reside at given
address
Living standard low
business not
running well
business not
running well
Living standard
low
applicant does
not reside at
given address
Wrong 62
Maximum Loan Amount that can be offered to
Doctor who is BDS.
15 Lacs 15 Lacs
Correct 63
We cannot Club ABB from 02 Bank Accounts
True True
Correct 64
CUU CCM / CCM, can approve a RCO Case in
Tier 1 Location with Loan Amount > 5.0 Lacs
True False
Wrong 65
We consider ____ % of obligation on credit
card outstanding.
5% 5%
Correct 66
Loan details of the customer can be checked
from
Balance Sheet Balance Sheet
Correct 67
Minimum turnover required to fund a customer
1.5 lacs to 5 lacs
None of these 20 lacs
Wrong 68
A credit card was settled 13 months ago with
an amount of Rs. 13,000. The CIBIL score for
the same is now 693. What would be the
action on this application?
Decline Decline
Correct 69
Residence CPV is not mandatory for all
products
False False
Correct 70
What should be the Maximum Leverage for
New Borrower under BIL Policy & BL Amount
of 15 lacs?
None of these 8 &amp; 8
Wrong 71
The repayment of the loan should come from
the bank account given for assessment, which
should be the main business account
True True
Correct 72
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Can we Add-Back the Interest Paid on Loans
in the given situation: BT of OD/CC Account,
as done by Other Bank
No Yes
Wrong 73
Can we Add-Back the Interest Paid on Loans
in the given situation: Foreclosure of a Gold
Loan / Loan against LIC Policy
No No
Correct 74
Personal Discussion can be conducted at
applicant residence
False False
Correct 75
An Account will be classified as BAD as per
CIBIL policy if Accounts appearing as SMA,
SUB, DBT or LSS as per RBI classification
True True
Correct 76
DBR at 70% is acceptable
False False
Correct 77
Who can give approval under the following
Circumstance? Negative Trend in profit (Less
than 30%) in case of funding more than 1.5
lacs as per financial
CUU SRH
Wrong 78
TVR should be done by ______
Credit Credit
Correct 79
Minimum Loan Amount for base eligibility
under Track Repayment Surrogate is Rs
100,000
False True
Wrong 80
A credit card was settled 28 months ago with
an amount of Rs. 7,000. The CIBIL score for
the same is now 629. What would be the
action on this application?
Verify Decline
Wrong 81
We can do the PD with any other office
member in case applicant is busy with some
other work
False False
Correct 82
How much Turnover is required for FICCL
Existing Borrower & New Borrower under BIL
Policy Amount of 30 Lacs?
60 lakhs+ &amp;
1000lakhs
60 lakhs+ &amp;
1000lakhs
Correct 83
On the basis of financials, EMI eligibility arrived
is Rs. 35,000/-and on the basis of last 3
months banking, ABB arrived is Rs. 48,000/
-and DBR gives an EMI of 35100. What is the
maximum EMI we can offer?
35000 35000
Correct 84
Can we Add-Back the Interest Paid on Loans
in the given situation: Foreclosure of a Secured
/ Unsecured Loan by Customer, from his own
funds
No No
Correct 85
We can''t normally login and process Cases of
?Societies?, ?Trusts? and ?HUFs? due to
Legal Complications; High Risk of Weak
FICCL Rights if it goes into litigation, etc.
True True
Correct 86
For loan upto 1.5 Lacs what is the max no of
loans allowed with the customer?
3 3
Correct 87
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Business premises photograph mandatory for
all the cases
True True
Correct 88
Under SENP Income Program CFA is
applicable for
Not Applicable Not Applicable
Correct 89
CIBIL check can be done post disbursal for
Co-applicant
False False
Correct 90
Risk Head can give Approval if leverage is more
than 10 as per financials for funding above 1.5
lacs?
True True
Correct 91
For EB top up cases, PD is not reqd for any
case if the EMI amt. remains same
False False
Correct 92
A customer?s age at bureau is 16 months and
he has had 4 HL enquiries in the past 12
months. What would be the action on this
application?
Proceed Proceed
Correct 93
If an applicant has files ITR''s on 10/3/2009 and
05/06/2009 with T/O of 15 Lacs and 10 Lacs
respectively we can offer him a loan of 3 lacs if
everything else is as per policy
False False
Correct 94
Dr. Vishwakarma was running his clinic from
Pune for 2 years and then he shifted to
Mumbai and running his clinic since last 1
years. He also filed the ITR for last 3 years on
time. Can we fund to this customer if other
criteria fulfilled?
False False
Correct 95
CIBIL check done is not required if the
customer is having clean track record of
existing loan/s
False False
Correct 96
Form 49 (a) for Pan card application is a
standard identity proof
True False
Wrong 97
Last two years ITR should belong to the latest
Assessment year and the Year before that
True True
Correct 98
In which all Condition is a Co-Applicant/s
required to be taken in Loan being Approved /
Booked for Disbursement?
&gt;= 55%
Shareholders in
Partnership Firm
&gt;= 55%
Shareholders in
Pvt. Ltd. Company
Maximum Age
Deviation at the
time of Loan
Maturity for Main
Applicant
&gt;= 55%
Shareholders in
Pvt. Ltd.
Company
&gt;= 55%
Shareholders in
Partnership Firm
Maximum Age
Deviation at the
time of Loan
Maturity for
Main Applicant
Wrong 99
Category 2 Restricted segment would be
approved by _______
CCM/ RCM Central Risk
Wrong 100
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