11/23/25, 5:27 AM Quiz | Virtual Learning & eLibrary
Assessment Result :
Total Questions : 50
Total Attended Questions : 50
Total Mark : 50
Obtained Mark : 47
Duration : 60
Pass Criteria : 40%
Score : 94%
Status : Passed
Grade : A
1:- To avoid delayed Payment by corporate to Small Scale and Ancillary Industrial Undertakings, in no
case, the period agreed upon between the supplier and the buyer shall not exceed_________from the
date of acceptance or the day of deemed acceptance.
1) 45 days
2) 60 days
3) 90 days
4) 180 days
5) 360 days
Obtained Mark:1
Correct Answer:45 days
2:- While sanctioning credit limits of ______ and above from the banking system, Bank should fix
separate sub-limits, within the overall limits, specifically for meeting payment obligations in respect of
purchases from MSMEs either on cash basis or on bill basis.
1) Rs 2 crore
2) Rs 5 crore
3) Rs 10 crore
4) Rs 50 crore
5) Rs 100 crore
Obtained Mark:0
Correct Answer:Rs 10 crore
3:- Standby Credit for Capital Expenditure of MSMEs is extended in the form of Term Loans up to _____
of the original value of the existing plant and machinery subject to a maximum of _______.
1) 50 percentage, Rs 25 lakhs
2) 25 percentage, Rs 25 lakhs
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3) 50 percentage, Rs 50 lakhs
4) 25 percentage, Rs 50 lakhs
5) 50 percentage, Rs 100 lakhs
Obtained Mark:1
Correct Answer:25 percentage, Rs 25 lakhs
4:- ECAI rating should be obtained from all the Borrowers who are enjoying credit exposure (FB + NFB)
of above _______ from Banks/FIs.
1) Rs 2 crore
2) Rs 5 crore
3) Rs 10 crore
4) Rs 25 crore
5) Rs 50 crore
Obtained Mark:1
Correct Answer:Rs 50 crore
5:- What is maximum permissible loan quantum for financing second hand vehicle under ‘MSME Vahan’?
1) Rs 25 lakhs
2) Rs 50 lakhs
3) Rs 100 lakhs
4) Rs 200 lakhs
5) Rs 500 lakhs
Obtained Mark:1
Correct Answer:Rs 25 lakhs
6:- Maximum extent of Guarantee Coverage applicable to ZED certified MSE under CGS-1 scheme of
CGTMSE is _______.
1) 50 percentage
2) 70 percentage
3) 75 percentage
4) 80 percentage
5) 85 percentage
Obtained Mark:1
Correct Answer:85 percentage
7:- What is the upper ceiling of margin money assistance, Government of India has put on while financing
to Handloom organization under “Weaver’s Mudra scheme”?
1) Rs 50 lakhs per borrower entity
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2) Rs 25 lakhs per borrower entity
3) Rs 20 lakhs per borrower entity
4) Rs 10 lakhs per borrower entity
5) Rs 5 lakhs per borrower entity
Obtained Mark:0
Correct Answer:Rs 20 lakhs per borrower entity
8:- What is the TAT for processing 5 lakhs to 25 lakhs MSME loan to Micro and Small Enterprises for
Branch
1) 30 days
2) 14 days
3) 45 days
4) 10 days
5) 25 days
Obtained Mark:1
Correct Answer:14 days
9:- Any Credit Proposal to a Borrower(s) who has settled their dues with our Bank/Other
Banks/NBFCs/Fis with Sacrifise Amount Above 25 percentage , as part of a OTS/Compromise Settlement
shall be subject to a minimum cooling period of …........ months from the date of settlement
1) 36 Months
2) 60 Months
3) 24 Months
4) 12 Months
5) 48 months
Obtained Mark:1
Correct Answer:60 Months
10:- What is the minimum permissible loan quantum under ‘Canara Contractor Loan’ scheme?
1) Rs 5 lakhs
2) Rs 10 lakhs
3) Rs 25 lakhs
4) Rs 20 lakhs
5) No Minimum limit
Obtained Mark:1
Correct Answer:Rs 25 lakhs
11:- The minimum loan amount that can be covered under the Credit Enhancement Guarantee Scheme
For Scheduled Castes (CEGSSC) scheme is
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1) Rs 15 lakhs
2) Rs 12 lakhs
3) Rs 10 lakhs
4) Rs 7.5 lakhs
5) Rs 5 lakhs
Obtained Mark:1
Correct Answer:Rs 15 lakhs
12:- To avoid delayed Payment by corporate to Small Scale and Ancillary Industrial Undertakings, if the
buyer fails to make payment of the amount to the supplier, he shall be liable to pay compound interest
with monthly rests to the supplier on the amount from the appointed day or, on the date agreed on, at
_________.
1) 12 percentage
2) 14 percentage
3) Bank Rate
4) Two time of the Bank Rate
5) Three times of the Bank Rate
Obtained Mark:1
Correct Answer:Three times of the Bank Rate
13:- Obtention of mandatory CGTMSE Cover can be waived for loans above Rs.10 lakhs upto Rs.1000
lakhs for Term loan for Projects where Construction/Purchase of land and building involved , when the
borrower provides primary security or primary and collateral security put together in the form of land and
building/ approved securities with a minimum value of _____ of the sanctioned limit, in addition to the
security of assets created out of Bank’s finance.
1) 50 percentage
2) 75 percentage
3) 100 percentage
4) 110 percentage
5) 125 percentage
Obtained Mark:1
Correct Answer:125 percentage
14:- Under the scheme for financing feature films, our finance should not exceed ____ of the project cost
and the ____ of the funds should be sourced as margin from promoters and the remaining _____
advance can be sourced from distributors.
1) 35 percentage, 25 percentage,40 percentage
2) 25 percentage,35 percentage,40 percentage
3) 40 percentage,25 percentage,35 percentage
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4) 25 percentage, 40 percentage, 30 percentage
5) 40 percentage,35 percentage,25 percentage
Obtained Mark:1
Correct Answer:35 percentage, 25 percentage,40 percentage
15:- Which internal risk rating model is used in respect of borrowal account with exposures above Rs. 20
lakh and upto Rs. 2 crore?
1) Small Value Model
2) CIRM Model
3) Portfolio Model
4) Manual Model
5) a and b only
Obtained Mark:1
Correct Answer:Manual Model
16:- LEI is a combination of alphanumeric code valid for ___ from the date of obtention subject to annual
renewal.
1) 1 Year
2) 2 Years
3) 3 Years
4) 4 Years
5) 5 Years
Obtained Mark:1
Correct Answer:1 Year
17:- LEI will act as a global reference number and will be captured in CRILC data as well as in CBS fast
path
1) CIM17
2) CIM21
3) CIM09
4) CIM61
5) CIM62
Obtained Mark:1
Correct Answer:CIM17
18:- The ODD hour transaction limit restriction shall be waived by ______ Wing
1) Digital Banking Services Wing
2) Technology Operations Wing
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3) Dept of Information Technology
4) Financial Management Wing
5) Risk Management Wing
Obtained Mark:1
Correct Answer:Digital Banking Services Wing
19:- Expand NAMASTE
1) National Action for Mechanized Sanitary Ecosystem
2) Nature Action for Mechanized Sanitation Ecosystem
3) National Action for Modernised Sanitation Ecosystem
4) National Action for Mechanized Sanitation Expansion
5) National Action for Mechanized Sanitation Ecosystem
Obtained Mark:1
Correct Answer:National Action for Mechanized Sanitation Ecosystem
20:- Review of MSME Sulabh sanctions SHALL BE CARRIED OUT BEFORE DISBURSEMENT OF
LOAN UNDER LAPS BY THE NHA i.e.,
1) DGM/AGM at RO through Credit review & Monitoring Section of RO
2) GM CO CAC
3) CO Advances Section
4) AGM RO CAC
5) None of the above
Obtained Mark:1
Correct Answer:DGM/AGM at RO through Credit review & Monitoring Section of RO
21:- As per revised direction, the Pre-release audit exposure cut-off limit for loans and advances has
been modified from existing Rs. 3 Crore & above to ______
1) Rs. 50 Lacs & above
2) Rs. 1 Crore & above
3) Rs. 2 Crore & above
4) Rs. 3 Crore & above
5) Rs. 5 Crore & above
Obtained Mark:1
Correct Answer:Rs. 2 Crore & above
22:- The review of risk rating under Manual Model is to be mandatorily done by :
1) Branch Manager only
2) Regional head
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3) Circle head CAC
4) Risk Management Department, HO
5) Executive overseeing (DM/AGM) Assurance Section AT RO/CO
Obtained Mark:1
Correct Answer:Executive overseeing (DM/AGM) Assurance Section AT RO/CO
23:- What percentage concession in the standard rate of annual guarantee fee is available for MSEs set
up by Transgender Entrepreneurs ?
1) 5 percentage
2) 7.5 percentage
3) 10 percentage
4) 12.5 percentage
5) 15 percentage
Obtained Mark:1
Correct Answer:10 percentage
24:- Member Lending Institutions (MLIs) can apply for guarantee cover anytime during the tenure of Loan
provided the credit facility was not restructured / remained in SMA2 status in last ___ from the date of
submission of application
1) 1 year
2) 2 year
3) 3 year
4) 4 year
5) 5 year
Obtained Mark:1
Correct Answer:1 year
25:- Where legal action has been initiated, legal expense (which includes only court fees and advocate
fees) will be:
1) Equally by CGTMSE & MLIs
2) Netted off from total recovered amount
3) Borne by borrower
4) Reimbursed by CGTMSE
5) None of the above
Obtained Mark:1
Correct Answer:Netted off from total recovered amount
26:- What is the standard Annual Guarantee fee (AGF) for coverage above Rs. 5 Crore up to Rs. 8 Crore
?
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1) 0.5 percentage
2) 0.75 percentage
3) 1 percentage
4) 1.1 percentage
5) 1.2 percentage
Obtained Mark:1
Correct Answer:1.1 percentage
27:- In case borrowers without CC/OD facility have aggregate exposure of Rs. 50 Crore or more, lending
banks must :
1) Obtain a Personal guarantee from Promoters
2) Put in place an Escrow Mechanism
3) Collect quarterly stock statements
4) Close all Current account with non-lending banks
5) All of the above
Obtained Mark:1
Correct Answer:Put in place an Escrow Mechanism
28:- What is the standard Annual Guarantee fee (AGF) for coverage above Rs. 8 Crore up to Rs. 10
Crore ?
1) 0.5 percentage
2) 0.75 percentage
3) 1 percentage
4) 1.1 percentage
5) 1.2 percentage
Obtained Mark:1
Correct Answer:1.2 percentage
29:- What is the name of the New Internal Risk Rating Model introduced for entities owned by State and
Central government with incomplete financial information ?
1) Canara Government Entity Model (Canara GEM)
2) Canara Asset Risk model (Canara ARM)
3) Canara Internal risk rating Model (Canara IRRM)
4) Canara Entity Risk Management (Canara ERM)
5) Canara government Project Model (Canara GPM)
Obtained Mark:1
Correct Answer:Canara Government Entity Model (Canara GEM)
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30:- Which of the following is NOT a risk category under the Canara GEM Risk rating model ?
1) Industry Risk
2) Business Risk
3) Technology Risk
4) Conduct Risk
5) Industry Outlook
Obtained Mark:1
Correct Answer:Technology Risk
31:- As per policy, Stock and receivable audit is mandatory in respect of all Borrowal accounts enjoying
Fund Based & Non Fund Based (NFB) working capital limits of Rs._____ & above for r Low Risk and
Normal risk accounts.
1) 1 Crore
2) 2 Crore
3) 3 Crore
4) 4 Crore
5) 5 Crore
Obtained Mark:1
Correct Answer:5 Crore
32:- Stock audit must preferably be completed within _____ from the date of allotment.
1) 15 days
2) 30 days
3) 45 days
4) 60 days
5) 90 days
Obtained Mark:0
Correct Answer:30 days
33:- Risk Category CNR-VII to CNR- IX (Moderate to High Risk) requires Stock Audit if exposure is Rs.
_____& above.
1) Rs. 0.50 Crore
2) Rs. 1 Crore
3) Rs. 1.50 Crore
4) Rs. 7 Crore
5) Rs. 10 Crore
Obtained Mark:1
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Correct Answer:Rs. 1 Crore
34:- For unrated accounts classified as Standard Assets & Unstandard Assets, stock audit must be
conducted ?
1) Once a Year & Once in 2 Year
2) Half-yearly
3) Once a Year
4) Once in 2 Years
5) None of the above
Obtained Mark:1
Correct Answer:Once a Year & Once in 2 Year
35:- under MCGS-MSME, what is the maximum loan amount up to which guarantee are provided to
MSMEs ?
1) Rs. 10 Crore
2) Rs. 25 Crore
3) Rs. 100 Crore
4) Rs. 500 Crore
5) Rs. 200 Crore
Obtained Mark:1
Correct Answer:Rs. 100 Crore
36:- For how long will the MCGS-MSMEscheme remain available from the date of Issuance ?
1) 2 Years
2) 3 Years
3) 4 Years
4) 5 Years
5) 7 Years
Obtained Mark:1
Correct Answer:4 Years
37:- Modifications in periodicity of submission of Stock statement of Scheme under Canara MSME INN,
Canara MSME Textiles, Canara MSME Pharma is permitted by the Competent Authority:
1) Half Yearly
2) Bimonthly
3) Quarterly
4) Monthly
5) None of the above
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Obtained Mark:1
Correct Answer:Bimonthly
38:- Regarding MSME Products, Which is not correct?
1) 255 - Laghu Udhyami Credit Card
2) 275 - Weavers Credit Card - SOCC
3) 280 - OD-DOCTORS CHOICE
4) 2000 - MSME-OD/OCC
5) All are correct
Obtained Mark:1
Correct Answer:All are correct
39:- “Canara e-Udyam” for financing of MSME Credit facility/ies (Working Capital Limit & Term Loan) upto
Rs. ____Lakhs
1) 5
2) 10
3) 25
4) 50
5) 100
Obtained Mark:1
Correct Answer:25
40:- For Canara e-Udyam scheme, CIC Consumer Score of the Promoters/Individual shall be minimum
_______
1) 700
2) 650
3) 600
4) 750
5) 300
Obtained Mark:1
Correct Answer:650
41:- ‘MSE GIFT’ – Scheme is introdcued for financing to Green technologies in MSEs. GIFT stands for
1) Green Investment and Financing for Transformation
2) Green Investment and Financing for Transportation
3) Green Investment and Financing for Telecommunciation
4) Green Investment and Financing for Technology
5) Green Investment and Financing for Trains
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Obtained Mark:1
Correct Answer:Green Investment and Financing for Transformation
42:- ‘MSE SPICE’ aims to provide capital subsidy to ______ Project by MSEs for upgrading/expanding
the existing CE projects for promoting/facilitating CE principles
1) Whitefield
2) Greenfield
3) Brownfield
4) Bluefield
5) Redfield
Obtained Mark:1
Correct Answer:Brownfield
43:- What will be the Product Code/Scheme codes/Guarantee Cover code under the Scheme Canara
MSME e-NWR ?
1) Product code: 779
2) Product code: 769
3) Product code: 774
4) Product code: 780
5) None of the above
Obtained Mark:1
Correct Answer:Product code: 779
44:- Under the extended benefits, what is the higher extent of guarantee coverage applicable for MSEs
set up by Transgender Entrepreneurs :
1) 65 percentage
2) 70 percentage
3) 75 percentage
4) 80 percentage
5) 85 percentage
Obtained Mark:1
Correct Answer:85 percentage
45:- Under CGTMSE guidelines, which of the following are not eligible for claim settlement ?
1) The accounts classified by the Lending institution as Fraud/ Willful defaulter/Non-Cooperative borrower
2) The account slipping to NPA within 90 days from the material date
3) Credit facility sanctioned without obtaining/creation of any primary security unless specifically provided for
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4) The Annual Guarantee Fee (AGF) shall be demanded in respect of all live covered accounts excluding accounts where
claim has been lodged in the system
5) All of the above
Obtained Mark:1
Correct Answer:All of the above
46:- CGFMU Stands for _______
1) Credit Guarantee Fund for Medium Units
2) Cash Guarantee Fund for Micro Units
3) Credit Grant Fund for Micro Units
4) Credit Guarantee Force for Micro Units
5) Credit Guarantee Fund for Micro Units
Obtained Mark:1
Correct Answer:Credit Guarantee Fund for Micro Units
47:- Credit Guarantee Fund for Micro Units (CGFMU) is a Trust fund set up by Government of India &
managed by which Organisation ?
1) NABARD
2) RBI
3) MSME
4) M/s NCGTC Ltd.
5) None of the above
Obtained Mark:1
Correct Answer:M/s NCGTC Ltd.
48:- As per revised definition effective 01.04.2025, Investment & Turnover limit in Plant & Machinery or
Equipment for Micro Enterprise is :
1) Rs. 2.5 Crore & Rs. 10 Crore
2) Rs. 2.5 Crore & Rs. 5 Crore
3) Rs. 2.5 Crore & Rs. 7 Crore
4) Rs. 3.5 Crore & Rs. 7 Crore
5) Rs. 3.5 Crore & Rs. 10 Crore
Obtained Mark:1
Correct Answer:Rs. 2.5 Crore & Rs. 10 Crore
49:- As per revised definition efefctive 01.04.2025, Investment & Turnover limit in Plant & Machinery or
Equipment for Medium Enterprise is :
1) Rs. 125 Crore & Rs. 500 Crore
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2) Rs. 135 Crore & Rs. 500 Crore
3) Rs. 145 Crore & Rs. 500 Crore
4) Rs. 125 Crore & Rs. 300 Crore
5) Rs. 125 Crore & Rs. 400 Crore
Obtained Mark:1
Correct Answer:Rs. 125 Crore & Rs. 500 Crore
50:- Full form of PM SVANidhi :
1) PM Stray Vendor’s Atma Nirbhar Nidhi
2) PM Street Vendor’s Atma Nirbhay Nidhi
3) PM Street Vendor’s Atma Nirbhar Nidhi
4) PM Straight Vendor’s Atma Nirbhar Nidhi
5) None of the above
Obtained Mark:1
Correct Answer:PM Street Vendor’s Atma Nirbhar Nidhi
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