1) Unpaid loans
2) Over dues
3) Bad loans
4) Collateralised loans
5) Uncollateralised loans
Answer-3
Q2. A loan is considered to be a NPA when it has not been serviced for a period upto-
1) 14 Days
2) 30 Days
3) 45 Days
4) 90 Days
5) 180 Days
Answer-4
Q3. A sub-standard asset refers to-
1) Remaining NPA for less than or equal to 18 months
2) Remaining NPA for more than 18 months
3) Where the loss has been identified by the bank
4) When loan is overdue for a period of 1 year
5) When loan is overdue for a period of 2 years
Answer-1
Q4. A doubt-full asset refers to-
1) Remaining NPA for less than or equal to 18 months
2) Remaining NPA for more than 18 months
3) Where the loss has been identified by the bank
4) When loan is overdue for a period of 1 year
5) When loan is overdue for a period of 2 years
Answer-2
Q5. A lost asset refers to-
1) Remaining NPA for less than or equal to 18 months
2) Remaining NPA for more than 18 months
3) Where the loss has been identified by the bank
4) When loan is overdue for a period of 1 year
5) When loan is overdue for a period of 2 years
Answer-3
Q6. Expand the term SARFAESI Act-
1) Securitisation and Reconstruction of Financial Assets and Enforcement of Social Interest
2) Securitisation and Reconstruction of Financial Assets and Enactment of Security Interest
3) Securitisation and Reconstruction of Ferry Assets and Enforcement of Security Interest
4) Securitisation and Regeneration of Financial Assets and Enforcement of Security Interest
5) Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest
Answer-5
Q7. In which year SARFAESI Act came into existence?
1) 1999
2) 2000
3) 2001
4) 2002
5) 2003
Answer-4
Q8. Which of the following statement is not true wrt wilful defaulter-
1) Financially capable to repay and yet does not do so
2) One who diverts the funds for purposes other than the fund was availed for
3) With whom funds are not available in the form of assets as funds have been siphoned off
4) Who has sold or disposed the property that was used as a security to obtain the loan
5) All are true
Answer-5
Q9. When was DRT's introduced for the first time in India?
1) 1991
2) 1992
3) 1993
4) 1994
5) 1995
Answer-3
Q10. Expand the term ARC-
1) Asset Recovery Company
2) Asset Reconstruction Company
3) Asset Reconstruction Corporation
4) Asset Recovery Corporation
5) Asset Rendering Company
Answer-2
