QUESTIONS & ANSWERS OF THE BANKING UPDATES

MOCK TEST DATED 21 SEP 2023 (Test-3/23-24) TheBanking Updates

Topic: Govt. Sponsored Schemes (Part-2) 8261802533
Email: bankingupdates2020@gmail.com

QUESTION OPTION A OPTION B OPTION C OPTION D ANS

1.Village Industry is an industry located in a

Rs.2.00 Rs.10.00
rural area producing goods or renders Rs.5.00 Lakh Rs.1.00
Lakh and Lakh and
service in which per head investment of an and Rs.10.00 Lakh and
Rs.5.00 Rs.20.00 B
artisan or worker does not exceed Rs. Lakh Rs.1.5 Lakh
Lakh Lakh
_______ in plain area and Rs. _______ in respectively respectively
respectively respectively
Hilly Area
2.Ministry of MSME has launched a
Scheme of Fund for Regeneration of
Traditional Industries in the year 2005, with PMEGP PMRY SFURTI NULM C
the view to promote Cluster development.
What is the name of the scheme?
Animal
husbandry is
not an
3. What should be the maximum project
eligible
cost of the units under animal husbandry Rs.20.00 Rs.40.00
Rs.50.00 Lakh activity for B
activity for eligibility of subsidy under Lakh Lakh
availing
PMEGP?
subsidy
under
PMEGP
4.Government of India had in August 2008,
PMRY and PMRY and IRDP and None of
approved the introduction of PMEGP A
REGP IRDP SGSY these
scheme by merging two schemes namely
Ministry of
5.PMEGP is a central sector scheme being Micro, Small
KVIC KVIB DIC A
administered by ________ and Medium
Enterprises
Rs.40.00 Rs.100.00 Rs.50.00
6. What is the maximum cost of the project Rs.25.00 Lakhs
Lakhs and Lakhs and Lakhs and
admissible for margin money subsidy in and Rs.10.00
Rs.10.00 Rs.20.00 Rs.20.00 D
manufacturing and service sector under Lakhs
Lakhs Lakhs Lakhs
PMEGP (1st loan)? respectively
respectively respectively respectively
15 percent 5 percent 20 percent
7. What is the rate of subsidy under PMEGP 25 percent and
and 25 and 10 and 30
new units for general category beneficiaries 35 percent B
percent percent percent
in Urban and Rural areas? respectively
respectively respectively respectively
8. What is the rate of subsidy under PMEGP
new units for special category beneficiaries 40 percent 25 percent 35 percent
15 percent and
(SC/ST, Minorities, Women, Ex-serviceman, and 50 and 35 and 25
25 percent C
Transgenders, Differently abled, NER, percent percent percent
respectively
Aspiritional Districts, Hill and border areas) respectively respectively respectively
in Urban and Rural areas?
9. What is the minimum beneficiary
contribution required in case of 2nd loan for
15 percent 10 percent 5 percent 20 percent B
upgradation of existing units under
PMEGP?
20 percent
10 percent for 20 percent 5 percent for
for general
general for general general
10. For setting up new units, what is the category
category and 5 category and category and
minimum beneficiary contribution stipulated and 15 A
percent for 10 percent 10 percent
under PMEGP? percent for
special for special for special
special
category category category
category
11. As per PMEGP guidelines, an industry
(except in the negative list) in which the
Rs.2.00 Rs.3.00
capital investment per head of a full time Rs.1.00 Lakh Rs.4.50 Lakh
Lakh and Lakh and
worker (capital expenditure devided by and Rs.1.50 and Rs.3.00
Rs.2.50 Rs.4.50 C
number of full time employment created by Lakh Lakh
Lakh Lakh
the unit) should not exceed Rs._______ in respectively respectively
respectively respectively
plain area and Rs.______ Lakh in hilly area,
A&N Islands and Lakshadweep.
 Manufacturin
Business
g of
12. Which of the following are classified as connected with Cultivation
polythene
negative list of activities and are not meat, of crops,
carry bags of All of these D
permissible for financial assistance under intoxicant plantation,
less than 75
PMEGP? items, liquor, horticulture
microns
tobaco etc
thickness.
13.Under, DAY-NRLM, MoRD, will provide
Revolving Fund (RF) support as corpus
ranging between _____to ______per SHG ₹10,000 - ₹20,000 - ₹10,000 - ₹5,000 -
B
to strengthen their institutional and financial ₹15,000 ₹30,000 ₹20,000 ₹10,000
management capacity and build a good
credit history within the group.
SHGs
SHGs should be in
SHGs should
SHGs should should be in active
be in active
be in active active existence
existence for
14. To be eligible for availing loans under existence for at existence for for at least
at least 3
NRLM, what should be the minimum age of least 6 months at least 6 3 months A
months as
the SHGs? as per their months from from the
per their
books of the date of date of
books of
accounts opening of opening of
accounts
S/B account. S/B
account.
15. Under NRLM, Banks are advised to
sanction a minimum Cash Credit Limit of
₹1 lakh ₹2 lakh ₹3 lakh ₹6 lakh D
_____ to each eligible SHG for a period of 3
years with a yearly drawing power (DP)
8 times of 8 times of
6 times of the Minimum of
the existing the existing
existing corpus ₹6 lakh,
16.In case of Term Loan under NRLM, corpus or corpus or
or minimum of based on the
banks are advised to sanction loans in minimum of minimum of C
₹1.5 lakh, MCP
doses. The second dose should be; ₹3 lakh, ₹3 lakh,
whichever is prepared by
whichever is whichever
higher the SHGs
lower is higher
17. Under NRLM, one woman in every SHG
under DAY-NRLM may be provided a loan
Rs.5 lakh Rs.1 Lakh Rs.3 Lakh Rs.10 Lakh B
up to ₹1_____ under the MUDRA Scheme,
if she is otherwise eligible.
18.In order to facilitate use of loans for
augmenting livelihoods of SHG members, at
least ___% of loans above ₹1 lakh, __% of
loans above ₹4 lakh and at least __% of 50,75,85 60,80,90 60,75,85 75,80,85 A
loans above ₹6 lakh should be used
primarily for income generating productive
purposes.
19.The first dose of loan under NRLM, may
12 to 24 24 to 36 36 to 48 6 to 12 B
be repaid in _______ months.
20. The minimum target under NRLM for
15 percent 30 percent 50 percent 40 percent C
SC/STs is;
21.The Government of India, Ministry of
Housing and Urban Affairs (MoHUA),
restructured the existing Swarna Jayanti
2016 2010 2013 2008 C
Shahari Rozgar Yojana (SJSRY) and
launched the National Urban Livelihoods
Mission (NULM) in the year________
22. Under DAY-NULM, Self Employment
Programme (SEP), a special provision of
_______percent reservation should be 3 percent 5 percent 15 percent 7 percent B
made for the differently-abled with priority to
women.
No margin
It should in
money
23. For finance to individuals under SEP of no case be
5 percent of should be
NULM, what is the margin contribution more than All of these D
project cost taken for a
required from the borrower? 10% of the
loan up to ₹
project cost
50,000
Rs.1.00 Rs.2.00 Rs.4.00 Lakh
Rs.1.00 Lakh
Lakh and Lakh and and
24. What is the maximum project cost for and Rs.10.00
Rs.5.00 Rs.10.00 Rs.20.00 C
individuals and groups under NULM? Lakh
Lakh Lakh Lakh
respectively
respectively respectively respectively
25. Who is the sponsoring agency for cases
DLTC DIC NABARD ULB D
under NULM?
Rs.100 lakh
Rs. 25 lakh
for a group
in case of
26. What is the maximum project cost Rs.20 lakh for project
extremely
Ceiling for subsidy under Agri Clinic and an individual comprising All of these D
successful
Agribusiness centre scheme? project at least five
individual
trained
projects
persons
27. No margin and collateral is required in
Rs.1.60 Rs.5.00 Rs.10.00
case of loans up to _______ under Agri Rs.10.00 Lakh C
Lakh Lakh Lakh
Clinic & Agribusiness centre scheme.
44% of project
cost for
women, SC/ST
28. What is the rate of composite subsidy 36% of Both 1st
& all categories None of
under Agri Clinic and agri business centre project cost and 2nd C
of these
scheme? for all others options
candidates
from NE and
Hill states
29. Time limit for completion of the project
for loans financed under Agri Clinic & Agri
Business Centre scheme is subject to
6 months 12 months 24 months
maximum of ______ period from the date of 18 months and
and 6 and 3 and 3 B
disbursement of the first installment of loan, 6 months
months months months.
which may be extended by a further period
of _____, if reasons for such delay are
considered justifiable
5 to 10 years 7 to 10 years 5 to 10
with a with a years with a
30.What is the maximum repayment period
maximum maximum maximum None of
for loans sanctioned under Agri clinic and A
moratorium moratorium moratorium these
Agri Business Centre scheme?
period of 2 period of 2 period of 1
years years year

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RESULTS FOLLOWS….. NEXT

 RESULT OF TOP 50 RANKED CANDIDATES
RANK NAME BANK NAME SCORE

1 Anil K Bank of baroda 29 / 30

2 ANJANI NIRANJAN SINHA PNB 25 / 30
3 Vani IOB 22 / 30
4 JITENDRAKUMAR ISHVARBHAI Prime co op bank Ltd 21 / 30
KALAL
5 Sandeep Kumar PNB 21 / 30
6 Bilal Ahmad J&K BANK 21 / 30
7 Ganesh Nayak IOB 20 / 30
8 Harsh Kapadia Prime Co Op Bank Ltd 20 / 30
9 Rupesh Upadhyay Union Bank of India 20 / 30
10 Kishore Kumar TNGB 20 / 30
11 Manoj Kumbhar JUSB 20 / 30
12 Sarwanlal 20 / 30
13 BHASKAR MYADARI Central Bank of India 20 / 30
14 Binod Sahay PNB 19 / 30
15 Vishal Raj Punjab & Sind Bank 19 / 30
16 S Shiva Kumar SBI 19 / 30
17 Palakkumar Pankajkumar Thakor Prime Cooperative Bank Ltd 19 / 30
18 Rakesh kumar UCO Bank 19 / 30
19 Niraj Kumar Central Bank of India 18 / 30
20 SHOUBHIK KUNDU IOB 18 / 30
21 Anuj sharma Bank of baroda 18 / 30
22 Abhi PNB 17 / 30
23 Mohd Yamin PNB 17 / 30
24 K r prasad UBI 17 / 30
25 Ashok IOB 17 / 30
26 Shiva Punjab and sind bank 17 / 30
27 ROSHAN VM SOUTH INDIAN BANK LTD 17 / 30
28 Krishna PNB 16 / 30
29 Aravindh Kumar S PNB 16 / 30
30 VENKATRAMAN V R KARUR VYSYA BANK 16 / 30
31 Pradeep Kumar Panda PNB 16 / 30
32 Anil Kumar PNB 16 / 30
33 Ram Swaroop Union Bank of India 16 / 30
34 mariadoss IOB 16 / 30
35 Gowsiya IOB 16 / 30
36 Achyutananda Singh IOB 16 / 30
37 Radhakrishna Karnataka bank 16 / 30
38 R Bank of baroda 16 / 30
39 Ajit PNB 16 / 30
40 Kalpesh Kumbhar Utkarsh Small finance bank Ltd 16 / 30
41 Amit Kumar Bank of Baroda 16 / 30
42 Abhishek Sharma Union Bank of India 15 / 30
43 Dharmpal Union Bank of Infia 15 / 30
44 Pratibha Singh PNB 15 / 30
45 Lakshmanan P IOB 15 / 30
46 Jane Saldanha Karnataka Bank 15 / 30
47 siddharth mittal PNB 15 / 30
48 Yuva Union Bank of India 15 / 30
49 NITIN KUMAR Union bank of india 15 / 30
50 SANTHA KUMAR PK Bank of baroda 15 / 30

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