BC / BF
EXAM (IIBF) Series -36 (PROBABLE QUESTIONS AND ANSWERS)
Chapter-9;
Kisan Credit Card Scheme;
1. Kisan Credit Cards are issued for a period of
_______________________.
A.
one year
B.
three years
C.
five years
D.
seven years
2. Kisan Cards are issued for _____________
A.
short term only
B.
for term loans only
C.
for both the short
term and term loan
D.
for meeting domestic
expenses only
3. Kisan Cards are issued to farmers to enable
them to ____________________
A.
withdraw money from
ATM in rural branches
B.
purchase farm
equipment
C.
purchase agricultural
implements on credit from dealers
D. meet their cultivation needs and non-farm requirements,
including the purchase of inputs and other short term requirements and working
capital requirements for allied activities.
4. Which group is eligible for Kisan Credit Card
Scheme?
A.
tenant farmers
B.
oral lessees
C.
share croppers
D.
all of these
5. What is the additional limit towards cost
escalation/increase in the scale of finance for every successive year?
A.
50%
B.
10%
C.
30%
D.
25%
6. Drawing limit for short term cash credit
should be fixed based on the cropping pattern and the amounts for crop
production, repairs, and maintenance of farm assets.
A.
True
B.
False
7. The _______________period may be fixed by
banks as per the anticipated harvesting and marketing period for the crops for
which a loan has been granted.
A.
insurance
B.
liability
C.
repayment
D.
assets
8. _________________ security may be obtained at
the discretion of Bank for loan limits above Rs 1 lakh in case of non-tie-up
and above Rs 3 lakh in case of tie-up advances.
A.
Collateral
B.
Lateral
C.
Mutual
D.
Registered
9. In the case of disbursement of Loans, there should
be no restriction on the number of debits and credits.
A.
True
B.
False
10. Hypothecation of crops up to card limits of
Rs 1lakh as per the extant _________ guidelines.
A.
SBI
B.
RBI
C.
CBI
D.
UBI
Chapter-10;
Cash Flows of a Small Borrower
1. In a Bank's Balance Sheet, loans and advances
will appear in ____________column.
A.
Liabilities
B.
Assets
C.
Capital
D.
Income
2. Assets= Liabilities+_________________
A.
profit
B.
interest
C.
capital
D.
loan
3. Which of the following statements is NOT
correct?
A.
a cash flow statement
is for a particular period
B.
in monthly cash flow, the statement, all cash inflows, and cash outflows during that month are taken into
account
C.
in a monthly cash
flow statement, the closing cash balance is equal to profit in that month
D.
cash inflows in a month may not always be more than the cash outflows in that month
4. Which of the following statements is NOT
correct?
A.
repayment of loan
installment is taken as a cash outflow in the cash flow statement
B.
depreciation is taken
as a cash outflow in the cash flow statement
C.
interest payment to the bank is taken as a cash outflow in the cash flow statement
D.
cash received on the sale
of scrap is taken as a cash inflow in the cash flow statement
5. Which of the following is not reflected as a
cash outflow in the cash flow statement?
A.
transport charges
paid on bringing the material to the factory
B.
purchase of material
by cash payment
C.
purchase of material
on credit
D.
payment of telephone
bill
6. Income - Operating Expenses= ______________
A.
Profit
B.
Loss
C.
Operating profit
D.
Operating loss
7. The actual flow of income and expenditure is
known as _________ flow.
A.
rent
B.
wage
C.
interest
D.
cash
8. Which of these affect the cash flows?
A.
Debtors
B.
Inventory
C.
Bank Loan
D.
Capital Expenditure
E.
All of these
9. Understanding, clearly the projected cash
flows will help the lender to assess the amount of loan to be extended as also
decide about the disbursement schedule.
A.
True
B.
False
10. Complete the statement; "Profit is a
myth but cash is a ______________"
A.
viability
B.
reality
C.
decision
D.
interest
Bold option is
correct answer.
No comments:
Post a Comment