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

Correct49

On DPN whose signature is required? applicant signature

is required on a

revenue stamp

applicant

signature is

required on a

revenue stamp

Correct50

Recertification_PL Self

Employed_Mar 2014

3Max Attempt ::Test Name ::

131517 sarvesh.agarwal@fullertonindia.comEmail ::User Name ::

1Attempt No. :: Completed

QuestionText AnsStatus

Status ::

Correct Answer User AnswerRow No

In standard ITR program bank statement

required is of last _______

06 months 06 months Correct51

PD at customers office is to be done by RO False False Correct52

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)

Correct53

Dedupe is generated after FCU check is done False False Correct54

Debt Service Coverage Ratio (DSCR)=PBDIT/

Only Interest Components of running Loan

(Excluding Principal)

False False Correct55

In a partnership firm residence CPV to be done

is only for the applicant and not for other

partners

False True Wrong56

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

Wrong57

Minimum Taxable Income required in SEP

Customer for a Tenor till 48 Months is ?

2.0 Lacs 2.0 Lacs Correct58

Page 5 of 9

We should add-back the Interest on a Loan

which is not part of Financials.

False False Correct59

There Should be minimum 7 MOB are required

to Balance Transfer or BT

False False Correct60

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

Wrong61

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

Wrong62

Maximum Loan Amount that can be offered to

Doctor who is BDS.

15 Lacs 15 Lacs Correct63

We cannot Club ABB from 02 Bank Accounts True True Correct64

CUU CCM / CCM, can approve a RCO Case in

Tier 1 Location with Loan Amount > 5.0 Lacs

True False Wrong65

We consider ____ % of obligation on credit

card outstanding.

5% 5% Correct66

Loan details of the customer can be checked

from

Balance Sheet Balance Sheet Correct67

Minimum turnover required to fund a customer

1.5 lacs to 5 lacs

None of these 20 lacs Wrong68

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 Correct69

Residence CPV is not mandatory for all

products

False False Correct70

What should be the Maximum Leverage for

New Borrower under BIL Policy & BL Amount

of 15 lacs?

None of these 8 &amp; 8 Wrong71

The repayment of the loan should come from

the bank account given for assessment, which

should be the main business account

True True Correct72

Page 6 of 9

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 Wrong73

Can we Add-Back the Interest Paid on Loans

in the given situation: Foreclosure of a Gold

Loan / Loan against LIC Policy

No No Correct74

Personal Discussion can be conducted at

applicant residence

False False Correct75

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 Correct76

DBR at 70% is acceptable False False Correct77

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 Wrong78

TVR should be done by ______ Credit Credit Correct79

Minimum Loan Amount for base eligibility

under Track Repayment Surrogate is Rs

100,000

False True Wrong80

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 Wrong81

We can do the PD with any other office

member in case applicant is busy with some

other work

False False Correct82

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

Correct83

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 Correct84

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 Correct85

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 Correct86

For loan upto 1.5 Lacs what is the max no of

loans allowed with the customer?

3 3 Correct87

Page 7 of 9

Business premises photograph mandatory for

all the cases

True True Correct88

Under SENP Income Program CFA is

applicable for

Not Applicable Not Applicable Correct89

CIBIL check can be done post disbursal for

Co-applicant

False False Correct90

Risk Head can give Approval if leverage is more

than 10 as per financials for funding above 1.5

lacs?

True True Correct91

For EB top up cases, PD is not reqd for any

case if the EMI amt. remains same

False False Correct92

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 Correct93

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 Correct94

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 Correct95

CIBIL check done is not required if the

customer is having clean track record of

existing loan/s

False False Correct96

Form 49 (a) for Pan card application is a

standard identity proof

True False Wrong97

Last two years ITR should belong to the latest

Assessment year and the Year before that

True True Correct98

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

Wrong99

Category 2 Restricted segment would be

approved by _______

CCM/ RCM Central Risk Wrong100

Page 8 of 9