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    Chapter 1 (A) - Quiz - Attempt Review - Welcome To Learning at Nibm

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    Ravi Raushan Kumar Singh
    Credit Management Module 2 Chapter 1a Quiz

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Chapter 1 (A) - Quiz - Attempt Review - Welcome To Learning at Nibm

    Uploaded by

    Ravi Raushan Kumar Singh
    1 views4 pages
    Credit Management Module 2 Chapter 1a Quiz

    Original Title

    Chapter 1(a) _ Quiz_ Attempt review _ Welcome to Learning @ nibm

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    Credit Management Module 2 Chapter 1a Quiz

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    1 views4 pages

    Chapter 1 (A) - Quiz - Attempt Review - Welcome To Learning at Nibm

    Uploaded by

    Ravi Raushan Kumar Singh
    Credit Management Module 2 Chapter 1a Quiz

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 4

    National Institute of

    Bank Management
    RAVI RAUSHAN SINGH  RS

    Dashboard  My courses  CRD MGMT  MODULE II : CREDIT OPERATIONS  Chapter 1(a) : Quiz

    CREDIT MANAGEMENT Chapter 1(a) : Quiz

    Started on Monday, 16 September 2024, 5:12 PM


    State Finished
    Completed on Monday, 16 September 2024, 5:13 PM
    Time taken 1 min 23 secs

    Question 1 Correct

    Which one of the following is not true for an equitable mortgage

    Select one:

    a. Needs to only inform the Registrar of Assurances by way of memorandum


    b. Lender takes possession of all the original title documents of the property
    c. It is a implied mortgage
    d. Also known as "Deed of Trust"

    Question 2 Correct

    As the amount of housing loan increases, the margin money as percentage also

    Select one:

    a. Increases
    b. Depends
    c. Decreases

    d. Unrelated


    Question 3 Correct

    Which one of the following is not included while calculating the eligible quantum of housing loan

    Select one:

    a. Registration charges
    b. Stamp duty and VAT
    c. Cost of house as per agreement
    d. Charges towards parking

    Question 4 Correct

    The Equated Monthly Installment is structured so that it

    Select one:

    a. Principal amount forms the major part of payment in initial years


    b. All the given options
    c. Interest forms the major part of the payment in later years
    d. Interest forms the major part of payment in initial years

    Question 5 Correct

    As per the baloon repayment scheme for a housing loans, over time the amount of repayment

    Select one:

    a. Increases
    b. Depends
    c. Decreases
    d. Unrelated


    Question 6 Correct

    The FOIR ratio for home loan applicant is determined on the basis of

    Select one:

    a. EMI for all the loans currently with the applicant


    b. EMI for all home loans with the applicant
    c. EMI for all the loans currently availed including the proposed
    d. EMI for the home loan applied for

    Question 7 Correct

    Which of the following can be considered to be a collateral security for a housing loan

    Select one:

    a. The housing property financed by the loan


    b. Fixed deposit of the borrower
    c. No collateral security
    d. Gold mortgaged by the borrower

    Question 8 Correct

    What is the loan to value for individual housing loans above Rs 20 lakh and below Rs 75 lakh

    Select one:

    a. 90
    b. None of the options
    c. 80
    d. 75


    Question 9 Correct

    Upto what amount of housing loans to individuals in metropolitan centers is classified under priority sector

    Select one:

    a. Rs 28 lakhs
    b. Rs 20 lakh
    c. Rs 25 lakhs
    d. Rs 35 lakhs

    Question 10 Correct

    The maximum repayment period for floating rate loan use for repair of house/flat is

    Select one:

    a. 10 years
    b. 30 years
    c. 5 years
    d. 15 years

    ← Chapter 1(a) : Retail Lending - Home Loans

    Jump to...
    Chapter 1(b) : Retail Loan - Other Products →

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