PSLP

Question Bank : PSLP
1. Margin prescribed by our bank for Bala vidya loan is ----%

a. 10
b. 5
c. 15
d. 20
____________________________________________________________________________________________
2. Processing charges in case of Bala vidya scheme is Rs.

a. nil
b. 100
c. 250
d. 300
____________________________________________________________________________________________
3. Minimum requirement to be eligible for loan under IB Bala Vidya scheme

a. 2 years -operative SB a/c
b. 5 years-operative SB A/C
c. 1 year-operative SB a/c
d. 3 years-operative SB A/C
____________________________________________________________________________________________
4. Maximum repayment period under IB BALA VIDYA SCHEME is

a. 12 months
b. 15 months
c. 10 months
d. 24 months
____________________________________________________________________________________________
5. Maximum Loan amount under IB BALA VIDYA SCHEME

a. Rs. 1 lac
b. Rs.50,000
c. Rs.30,000
d. Rs.35,000
____________________________________________________________________________________________
6. Debit authorisation from SB/---no of PDC required for loan under IB bala vidya
a. 12
b. 10
c. 15
d. 10
____________________________________________________________________________________________
1. B 2. D 3. D
4. C 5. C 6. B
7. One of our loan product will serve the purpose of the borrower to meet cost of admission fees, term fees, cost of
books, uniforms transportation cost for students of LKG to StXII,please name it
a. Education loan
b. vidyarthi suraksha
c. Bala vidya
d. Vidya mandir
____________________________________________________________________________________________
8. In case of education loan covered under Credit Guarantee Fund Scheme for Educational Loans (CGFSEL)bank
will insist security for the amount above Rs--- lakhs
a. 5
b. 7.5
c. 10
d. 15
____________________________________________________________________________________________
9. In case of education loan bank cannot insists any type of security for the amount up to Rs--- lakhs
a. 2
b. 3
c. 4
d. 5
____________________________________________________________________________________________
10. Margin amount fixed by our bank in case of education loan to study in India above Rs 4 lakhs is----%
a. 5
b. 10
c. 15
d. 20
____________________________________________________________________________________________
11. Margin amount fixed by our bank in case of education loan to study abroad above Rs 4 lakhs is----%
a. 10
b. 15
c. 20
d. 25
____________________________________________________________________________________________
12. Maximum amount we can advance in case of educational loan to study in India under Zonal Office level
Second in command Credit committee (ZLSCC) is Rs--- lakhs
a. 15
b. 25
c. 30
d. 50
____________________________________________________________________________________________
7. C 8. B 9. C
10. A 11. B 12. B
13. Maximum amount we can advance in case of educational loan to study at abroad under Zonal Office level
Second in command Credit committee (ZLSCC) is Rs--- lakhs
a. 50
b. 60
c. 25
d. 30
____________________________________________________________________________________________
14. Maximum amount we can advance in case of educational loan to study in India under Zonal Office level Credit
committee (ZLCC) is Rs--- lakhs
a. 25
b. 40
c. 50
d. 60
____________________________________________________________________________________________
15. Maximum amount we can advance in case of educational loan to study at abroad under Zonal Office level
Credit committee (ZLCC) is Rs--- lakhs
a. 50
b. 60
c. 40
d. 70
____________________________________________________________________________________________
16. Education loan upto Rs. 4 lacs is sanctioned

a. individual wise
b. family wise
c. service area wise
d. bank wise
____________________________________________________________________________________________
17. Education loan application is to be disposed off in

a. 30 days
b. 15 days
c. 45 days
d. 2-3 days
____________________________________________________________________________________________
18. Processing charges under Education Loan for studies in India is

a. Rs. 250
b. Rs.500
c. 0.56%
d. NIL
____________________________________________________________________________________________
13. A 14. C 15. B
16. A 17. B 18. D
19. “IB VIDYARTHI SURAKSHA” - Group Life cover to Educational Loan Borrowers is from
a. PNB MetLife India Insurance Co., Ltd
b. Kodak Mahindra
c. UIICO
d. LIC
____________________________________________________________________________________________
20. The maximum amount that can be covered under IB Vidyarthi Suraksha is
a. Rs.20 lakhs
b. Rs.25 lakhs
c. Rs.50 lakhs
d. Rs.60 lakhs
____________________________________________________________________________________________
21. Sanctioning authority for Education Loan for studies in India for unrated institutes in India under Revised IBA
Educational Loan Scheme is
a. BM
b. ZLCC
c. Respective ZLSCC /ZLCC
d. COLCC
____________________________________________________________________________________________
22. Maximum Hostel/Mess charges that can be allowed in Major class cities is
a. Rs.60,000
b. Actuals
c. Rs.50,000
d. Rs. 1 lac
____________________________________________________________________________________________
23. No security need to be insisted for Education Loan upto _ under IBA Scheme
a. Rs. 4.50 lacs
b. Rs. 4 lacs
c. Rs.7.50 lacs
d. Rs. 1 lac
____________________________________________________________________________________________
24. Newly introduced Fund under IBA Model Educational Loan scheme is
a. Credit guarantee Fund
b. Padho Pardesh
c. Sinking fund
d. Amortization Fund
____________________________________________________________________________________________
19. A 20. D 21. C
22. A 23. B 24. A
25. Guarantee fee for Credit Guarantee Fund Scheme for Educational Loan will be borne by
a. Student
b. Corporate Office
c. Branch
d. Govt of India
____________________________________________________________________________________________
26. Credit Guarantee fund Scheme is applicable for educational loan limits upto
a. Rs. 7. 50 lacs
b. Rs. 4 lacs
c. Rs. 4.50 lacs
d. Rs. 10 lacs
____________________________________________________________________________________________
27. Under "IB EDUCATIONAL LOAN PRIME" scheme girl students are eligible for interest concession of
a. 1%
b. 0.25%
c. 0.5%
d. No concession
____________________________________________________________________________________________
28. Maximum loan amount that can be sanctioned under Education loan
a. negotiated on a case to case basis
b. Rs. 50,000
c. Rs. 1 lacs
d. Rs. 2 lacs
____________________________________________________________________________________________
29. Under which portal education loan is applied

a. Vidya Lakshmi
b. Vidyarthi suraksha
c. Vidyalay Lakshmi
d. Vidyarthi Lakshmi
____________________________________________________________________________________________
30. Under Ib education loan scheme, the applicant should have passed minimum--
a. 10th
b. 12th
c. 10+2 or equivalent
d. Not specific
____________________________________________________________________________________________
25. B 26. A 27. D
28. A 29. A 30. C
31. Under education loan scheme, loan to nursing students can be extended for
a. Degree in nursing
b. Diploma in nursing
c. Degree/diploma in nursing
d. Non of these
____________________________________________________________________________________________
32. Which of the course is not eligible under IBA education loan scheme
a. Correspondence
b. off campus course
c. On site course
d. All of these
____________________________________________________________________________________________
33. Maximum Hostel/Mess charges that can be allowed under IB education loan in Area I cities is Rs.---
a. 60000
b. 50000
c. 40000
d. 30000
____________________________________________________________________________________________
34. Maximum hostel/mess charges that can be allowed under Ib education loan in other cities is Rs.---
a. 60000
b. 50000
c. 40000
d. 30000
____________________________________________________________________________________________
35. Loans upto Rs.--- is considered as Priority sector under IB education loan scheme
a. 10 lakhs
b. 15 lakhs
c. 20 lakhs
d. 25 lakhs
____________________________________________________________________________________________
36. If the student can't complete the course during the prescribed period, under Ib education loan an extension of
max --- months can be allowed
a. 6
b. 12
c. 24
d. 36
____________________________________________________________________________________________
31. C 32. D 33. B
34. C 35. A 36. C
37. Which of the following is / are not a part of the current Educational loan portfolio?
a. Non IBA Scheme
b. IB Education loan Prime
c. IB Skill loan scheme
d. IBA Model Education Loan scheme
____________________________________________________________________________________________
38. According to new Education loan policy, which schme has been clubbed with IB Education loan Prime
a. Non IBA Scheme
b. IB Vocational scheme
c. IB Education Loan Prime NIT
d. IBA Model Education Loan scheme
____________________________________________________________________________________________
39. Which among the following is a requirement for educational loan?

a. Should have secured admission to higher education in recognised institutions in India / Abroad through Entry
test / Merit based selection
b. Entry test / selection purely based on marks obtained in qualifying examination may not be a criteria for
admission to PG /Research
c. A meritorious student eligible for loan under this scheme even if the student chooses to pursue a course
under management quota
d. a or b or c on a case to case basis
____________________________________________________________________________________________
40. One of the following is not eligible for education loan under IBA Scheme
a. Diploma in Pilot training
b. Diploma in Nursing
c. Diploma in Teacher Training
d. Diploma in Shipping
____________________________________________________________________________________________
41. Expenses could be considered subject to the condition that the amount does not exceed 10% of the total tuition
fees for the entire course
a. Caution deposit
b. Building fund supported by receipts
c. Refundable deposit supported by Institution bills/receipts
d. All the above
____________________________________________________________________________________________
42. Maximum expenses for which a realistic assessment is to be made that may be capped at 20% of the total
tuition fees payable for completion of the course
a. Purchase of books/ equipments/ instruments/ uniforms
b. Purchase of computer at reasonable cost, if required for completion of the course
c. Any other expense required to complete the course - like study tours, project work, thesis, etc.
d. All the above
____________________________________________________________________________________________
37. A 38. C 39. D
40. C 41. D 42. D
43. Bank’s Board has accorded approval for Uniform Hostel and Mess charges as below
a. Major A Class Cities - Rs.60000/- Area I – Rs.50000/- Other Places – Rs.40000/-
b. That prescribed by colleges within the maximum ceiling
c. Fee structure stipulated for hostel and mess charges by Government/Govt. Approved regulatory bodies
d. Any one of the above on a case to case basis
____________________________________________________________________________________________
44. What is the quantum of loan under IB EDUCATIONAL LOAN PRIME to ISB without collateral?
a. Rs.25 lakhs
b. Rs.30 lakhs
c. Rs.35 lakhs
d. Rs.50 lakhs
____________________________________________________________________________________________
45. What is the quantum of loan under IB EDUCATIONAL LOAN PRIME to IITs / IIMs / (SPJIMR) / Premier
Institutions – Under IBA without collateral?
a. Rs.25 lakhs
b. Rs.30 lakhs
c. Rs.35 lakhs
d. Rs.50 lakhs
____________________________________________________________________________________________
46. Minimum score of CIBIL under IB clean salary loan should be---
a. 650
b. 700
c. 750
d. 900
____________________________________________________________________________________________
47. Max Repayment period fixed generally in IB clean loan to salaried class is ---months
a. 84
b. 48
c. 36
d. 72
____________________________________________________________________________________________
48. Processing fee charged by the bank under IB Clean loan to salaried class is----
a. 0.61% on loan amount with a minimum of Rs.610/-
b. 0.512% on loan amount with a minimum of Rs.512/-
c. 300
d. 250
____________________________________________________________________________________________
43. D 44. C 45. B
46. B 47. A 48. B
49. In case of IB Clean loan to salaried class eligible amount is calculated @ ---- for account holders whose salary
is credited in the branch account
a. 15 times the gross salary (maximum of Rs.60000/-
b. 20 times the gross salary (Subject to 40% of take home pay)
c. ten times the gross salary (maximum of Rs.50000/-
d. 12 times the gross salary (maximum of Rs.60000/-
____________________________________________________________________________________________
50. In case of IB Clean loan to salaried class eligible amount is calculated @ ---- for those availed home loan but
no salary credited at our branch and loan is regular
a. 15 times the gross salary (maximum of no limit)
____________________________________________________________________________________________
51. In case of IB Clean loan to salaried class eligible amount is calculated @ ---- for account holders whose
employer gives undertaking to remit the instalment
a. 15 times the gross salary (maximum of no limit)
____________________________________________________________________________________________
52. In case of IB Clean loan to salaried class eligible amount is calculated @ ---- with no home loan and no salary
a/c with us and no letter from the employer to recover EMI from salary and remit to Bank.
a. 10 times of gross salary (maximum Rs.2.00 lakh)
b. 7 times of gross salary (maximum Rs.70000)
c. 7 times of gross salary (maximum Rs.1.00 lakh)
d. none of these
____________________________________________________________________________________________
53. Under IB Clean loan to Salaried class, margin to be brought in is

a. NIL
b. 5%
c. 10%
d. 15%
____________________________________________________________________________________________
54. Under IB Clean loan to Salaried class, roll over of loan is permitted on a case to case basis after
a. 6 months
b. 24 months
c. 12 months
d. 36 months
____________________________________________________________________________________________
49. B 50. B 51. B
52. A 53. A 54. C
55. Under IB clean loan minimum service/experience of the applicant is --

a. 2years
b. 3yrs
c. 4 yrs
d. 5 yrs
____________________________________________________________________________________________
56. For OD facility under IB clean salary loan, additional int of ---% is charged
a. 0.25
b. 0.5
c. 1
d. 2
____________________________________________________________________________________________
57. Take over facility under IB clean salaried loan is

a. Permitted
b. Not permitted
c. Permitted with condition
d. Permitted with more int rate
____________________________________________________________________________________________
58. Sanctioning authority under Ib clean salary loan is Rs.---lakhs for BM in scale I
a. 2
b. 5
c. 10
d. NIL
____________________________________________________________________________________________
59. Sanctioning authority under Ib clean salary loan is Rs.---lakhs for BM in scale II
a. 2
b. 5
c. 10
d. NIL
____________________________________________________________________________________________
60. Sanctioning authority under Ib clean salary loan is Rs.---lakhs for BM in scale III
a. 2
b. 5
c. 10
d. NIL
____________________________________________________________________________________________
55. B 56. C 57. B
58. D 59. B 60. B
61. Sanctioning authority under Ib clean salary loan is Rs.---lakhs for BM in scale IV
a. 2
b. 5
c. 10
d. 20
____________________________________________________________________________________________
62. Sanctioning authority under Ib clean salary loan is Rs.---lakhs for BM in scale V
a. 2
b. 5
c. 10
d. 20
____________________________________________________________________________________________
63. Sanctioning authority under Ib clean salary loan is Rs.---lakhs for BM in scale VI
a. 10
b. 20
c. 25
d. 37.5
____________________________________________________________________________________________
64. Under IB clean salary loan, the outlay sanction is valid for ---- month
a. Not required
b. 12
c. 36
d. 60
____________________________________________________________________________________________
65. The purpose for IB clean salary loan is

a. Medical
b. Marriage
c. Education
d. All of these
____________________________________________________________________________________________
66. Any deviation under Ib clean salary loan can be permitted by

a. ZLCC(GM)
b. ZLCC
c. COLCC
d. COLCC(GM)
____________________________________________________________________________________________
61. C 62. D 63. D
64. A 65. D 66. B
67. Under IB Clean loan to Salaried class, minimum no of cheques ( PDC) to be obtained
a. 2
b. 6
c. 12
d. 60
____________________________________________________________________________________________
68. Permitted Holiday period under IBCLS is

a. one months
b. 2 months
c. 3 months
d. NIL
____________________________________________________________________________________________
69. Max concession of interest rate by the sanctioning authority under IB salary loan is ___ %
a. 0.25
b. 0.5
c. 1
d. 2
____________________________________________________________________________________________
70. Guarantee under IB salary loan is to be obtained by

a. Another employee
b. Spouse
c. Employee/Spouse
d. Third party
____________________________________________________________________________________________
71. What is the minimum and maximum age limit(at entry level) for to avail JL for senior citizens in our bank
a. 60 & 75
b. 60 & 70
c. 60 & 80
d. none of these
____________________________________________________________________________________________
72. In case of JL to senior citizens minimum amount our bank can lend is Rs
a. 25000
b. 15000
c. 30000
d. 5000
____________________________________________________________________________________________
67. A 68. D 69. D
70. C 71. A 72. B
73. In case of JL to senior citizens maximum amount our bank can lend is Rs
a. 3 lakh
b. 2 lakh
c. 5 lakh
d. 10 lakh
____________________________________________________________________________________________
74. Repayment period in case of JL to senior citizen loan is ---EMI

a. 35
b. 36
c. 24
d. 12
____________________________________________________________________________________________
75. Processing fee charged by the bank in case of JL to senior citizen up to Rs. 1 lakh is Rs......
a. 300
b. 250
c. 300
d. nil
____________________________________________________________________________________________
76. Handling and service charges for jewel loan amount upto Rs,25000/- is Rs.--
a. 50
b. 100
c. NIL
d. 250
____________________________________________________________________________________________
77. Handling and service charges for jewel loan amount Rs,50000/- is Rs.--
a. 50
b. 100
c. NIL
d. 250
____________________________________________________________________________________________
78. Handling and service charges for jewel loan amount Rs,500000/- is Rs.--
a. 50
b. 100
c. 200
d. 250
____________________________________________________________________________________________
73. C 74. A 75. D
76. C 77. B 78. D
79. What is the LTV to be maintained for individual jewel loan a/c
a. 50%
b. 75%
c. 70%
d. 90%
____________________________________________________________________________________________
80. The percentage to be reduced from the gross weight of jewel for impurities/dust while sanctioning JL is ---
a. 5%
b. 5-10%
c. 10% uniformly
d. Minimum 10%
____________________________________________________________________________________________
81. The percentage to be reduced from the gross weight of jewel for impurities/dust while sanctioning JL is ---for
gold coins of 24 carat and hall mark jewels
a. 5%
b. 5-10%
c. 10% uniformly
d. Minimum 10%
____________________________________________________________________________________________
82. What is the max ceiling for JL (priority & non priority) for bullet payment
a. 3 lakhs
b. 5 lakhs
c. No ceiling
d. 10 lakhs
____________________________________________________________________________________________
83. For limit upto 5 lakhs under non agricultural JL , repayment period as bullet payment should be
a. 12 months
b. 36 months
c. 35 months
d. 60 months
____________________________________________________________________________________________
84. For loans under JL non agricultural purpose, the max repayment is--months
a. 12
b. 33
c. 35
d. 36
____________________________________________________________________________________________
79. C 80. B 81. A
82. B 83. A 84. C
85. For non agricultural Jewel loans tenor upto 35 months should be paid by--- instalment
a. Bullet payment
b. monthly
c. Quarterly
d. Not specific
____________________________________________________________________________________________
86. For non agricultural Jewel loans tenor upto 33 months should be paid by--- instalment
a. Bullet payment
b. monthly
c. Quarterly
d. Not specific
____________________________________________________________________________________________
87. What is correct about Jewel Loan Non Priority ?

a. Revised loan Application form F-120B to be obtained
b. Loan to Value (LTV) of 75% should be maintained throughout the tenor of the loan
c. Purpose of loan may be any activity including medical, consumption, domestic needs, family functions etc
d. All of these
____________________________________________________________________________________________
88. Processing fees for pension loan up to Rs 25000/- is Rs..............

a. 100
b. 101
c. 255
d. nil
____________________________________________________________________________________________
89. Processing fees for pension loan above Rs 25000/- is Rs--- lump sum
a. 255
b. 200
c. 300
d. 500
____________________________________________________________________________________________
90. In our bank scale II manager can sanction pension loan up to Rs --- lakh
a. 2
b. 4
c. 3
d. 6
____________________________________________________________________________________________
85. B 86. C 87. D
88. D 89. A 90. C
91. In our bank scale I manager can sanction pension loan up to Rs --- lakh
a. 1
b. 2
c. 2.5
d. 3
____________________________________________________________________________________________
92. In our bank scale IV manager can sanction pension loan up to Rs --- lakh
a. 6
b. 4
c. 3
d. 5
____________________________________________________________________________________________
93. In IB Pension loan, amount eligible for regular pensioners is ---- months pension subject to max. 6.00 lakhs
a. 20
b. 15
c. 12
d. 36
____________________________________________________________________________________________
94. In IB Pension loan, amount eligible for family pensioners is ---- months pension subject to max. 2.00 lakhs
a. 18
b. 15
c. 12
d. 24
____________________________________________________________________________________________
95. Repayment period fixed in case of regular pension loan is ----months

a. 60
b. 48
c. 36
d. 72
____________________________________________________________________________________________
96. Repayment period fixed in case of family pension loan is ----months

a. 60
b. 36
c. 72
d. 48
____________________________________________________________________________________________
91. D 92. A 93. B
94. C 95. A 96. B
97. Maximum exit age for regular pensioners under IB Pension Loan Scheme is --- years
a. 75
b. 78
c. 80
d. 73
____________________________________________________________________________________________
98. Maximum exit age for family pensioners under IB Pension Loan Scheme is --- years
a. 73
b. 70
c. 75
d. 78
____________________________________________________________________________________________
99. Under IB Pension loan waiver of service charges is applicable to ..........

a. IB Retirees
b. Central Govt pensioners
c. State Govt Pensioners
d. All pensioners
____________________________________________________________________________________________
100. Maximum eligible loan amount for Regular Pensioners is .....

a. Rs. 2 lacs
b. Rs. 3 lacs
c. Rs. 6 lacs
d. Rs. 5 lacs
____________________________________________________________________________________________
101. Maximum eligible loan amount for Family Pensioners is......

a. Rs. 2 lacs
b. Rs. 3 lacs
c. Rs. 6 lacs
d. Rs. 5 lacs
____________________________________________________________________________________________
102. Maximum Entry Age for Regular Pensioners

a. 75 years
b. 60 years
c. 70 years
d. 65 years
____________________________________________________________________________________________
97. B 98. A 99. A
100. C 101. A 102. A
103. Maximum Entry Age for Family Pensioners

a. 75 years
b. 60 years
c. 70 years
d. 65 years
____________________________________________________________________________________________
104. Pension Loan cannot be sanctioned for ___ purpose

a. marriage
b. speculative
c. education
d. medical
____________________________________________________________________________________________
105. Who are not eligible for IB Pension Loan

a. Central Govt pensioner
b. CRS RETIREES
c. State Govt Pensioner
d. IB Retirees
____________________________________________________________________________________________
106. Which among the following is not correct under pension loan scheme
a. CRS pensioners not eligible
b. EPF pensioners not eligible
c. Re employed pensioners not eligible
d. none of these
____________________________________________________________________________________________
107. As per extant guidelines for all fresh Retail Vertical loan products, compounding of interest will be on …...
basis.
a. monthly
b. quarterly
c. either 1 or 2
d. None of these
____________________________________________________________________________________________
108. DSCR for sanction of IB Vehicle loan for Partnership / limited companies is
a. 1.25 to 1.75
b. 1 to 1.5
c. .75 to 2
d. 1.5 to 2
____________________________________________________________________________________________
103. C 104. B 105. B
106. C 107. A 108. D
109. Under IB Vehicle loan scheme, ZLCC may permit financing used 4 wheeler aged upto
a. 10 years
b. 5 years
c. 8 years
d. 6 years
____________________________________________________________________________________________
110. Under IB Vehicle loan scheme, eligible amount for professionals and Businessmen is average income earned
in
a. last 2 years
b. last 3 years
c. last 4 years
d. last 5 years
____________________________________________________________________________________________
111. Obtention of collateral is not required for vehicke loan upto Rs.____ lakhs
a. 10
b. 15
c. 20
d. 25
____________________________________________________________________________________________
112. ZLCC may waive obtention of collateral securities for vehicle loan upto Rs.---- lakhs on merits strictly based on
availability of sufficient risk mitigation in the instant case.
a. 25
b. 50
c. 40
d. 100
____________________________________________________________________________________________
113. COLCC (GM) may permit waiver of collateral securities for Vehicle Loan above Rs.--- lakhs based on
availability of sufficient risk mitigation in the instant case.
a. 50
b. 60
c. 100
d. 75
____________________________________________________________________________________________
114. Nature of charge under IB Vehicle loan scheme

a. Pledge
b. Assignment
c. Hypothecation
d. EM
____________________________________________________________________________________________
109. B 110. A 111. D
112. B 113. A 114. C
115. In our bank Chief manager can sanction vehicle loan for 4 wheeler up to Rs --- lakh
a. 15
b. 25
c. 50
d. 200
____________________________________________________________________________________________
116. In our bank Chief manager can sanction vehicle loan for 2 wheeler up to Rs --- lakh
a. 1
b. 2.5
c. 1.5
d. 2
____________________________________________________________________________________________
117. In our bank scale II manager can sanction vehicle loan for 4 wheeler up to Rs --- lakh
a. 4.5
b. 7.5
c. 5
d. 10
____________________________________________________________________________________________
118. In our bank scale II manager can sanction vehicle loan for 2 wheeler up to Rs --- lakh
a. 1
b. 2
c. 0.75
d. 2
____________________________________________________________________________________________
119. In our bank scale-I manager can sanction vehicle loan for 4 wheeler up to Rs --- lakh
a. 5
b. 7.5
c. 15
d. 10
____________________________________________________________________________________________
120. In our bank Scale V /VI can sanction vehicle loan for 4 wheeler up to Rs --- lakh
a. 20
b. 30
c. 50
d. 100
____________________________________________________________________________________________
115. A 116. D 117. B
118. A 119. A 120. C
121. Maximum loan that can be given under IB Vehicle loan for 4 wheeler, subject to per borrower ceiling and credit
power
a. Rs. 2 crores
b. Rs. 10 lacs
c. Rs. 2 lacs
d. Rs. 5 lacs
____________________________________________________________________________________________
122. Obtention of which of the following has been dispensed with in respect of Vehicle Loan scheme
a. RC BOOK
b. Insurance Policy with Bank Clause
c. Duplicate Keys
d. none of these
____________________________________________________________________________________________
123. Margin for New 4 Wheeler under IBVL is

a. 25%
b. 5%
c. 10%
d. 15%
____________________________________________________________________________________________
124. Minimum Gross Monthly income for purchase of car under IBVL is
a. Rs. 20,000
b. Rs 1 lac
c. Rs. 40,000
d. Rs.15000
____________________________________________________________________________________________
125. Maximum loan that can be sanctioned for 2 wheeler

a. Rs. 1 lac
b. Rs. 10 lacs
c. Rs. 5 lacs
d. Rs. 2 cr
____________________________________________________________________________________________
126. Maximum period of repayment for 4 wheelers under IBVL is

a. 84 months
b. 60 months
c. 48 months
d. 24 months
____________________________________________________________________________________________
121. A 122. C 123. D
124. A 125. B 126. A
127. Under Vehicle Loan, security for loans upto Rs. 10 lacs is
a. EM of property
b. Assignment of LIC POLICY
c. Pledge of FD/RIP
d. Hypothecation of Vehicle
____________________________________________________________________________________________
128. Which important document has been replaced by D 127 for IB Vehicle loan
a. F 63
b. D 101
c. D 96
d. D 36
____________________________________________________________________________________________
129. Margin Requirement for new 2 wheeler is

a. 5%
b. 15%
c. 10%
d. 25%
____________________________________________________________________________________________
130. Maximum 2 wheeler loan that a Scale III BM can sanction

a. Rs. 10 lacs
b. Rs. 5 lacs
c. Rs. 2 lacs
d. Rs.1.50 lacs
____________________________________________________________________________________________
131. Who can not stand as a guarantor for NRI who has availed IB Vehicle loan
a. Spouse
b. son
c. daughter in law
d. daughter
____________________________________________________________________________________________
132. Which cannot be accepted as collateral security for IB Vehicle loan above Rs. 25 lacs`
a. EM of property
b. LIC
c. NSC
d. Other bank Deposit Receipts
____________________________________________________________________________________________
127. D 128. B 129. B
130. D 131. C 132. D
133. Minimum monthly income for NRIs for 4 wheeler loan is

a. Rs. 20,000
b. Rs. 15,000
c. Rs. 40,000
d. Rs. 1 lac
____________________________________________________________________________________________
134. Maximum loan can be advanced by our bank for four wheeler is Rs_______lakh
a. 200
b. 25
c. 50
d. 20
____________________________________________________________________________________________
135. What is the margin required for purchase of second hand 4 wheeler under IB vehicle loan ?
a. 20%
b. 30%
c. 40%
d. 25%
____________________________________________________________________________________________
136. What is the maximum repayment period for two wheeler under IBVL scheme ?
a. 60
b. 48
c. 72
d. 36
____________________________________________________________________________________________
137. Mr. Ramesh has availed a vehicle loan for Maruti Swift car. He can repay the loan within maximum……months
a. 60
b. 84
c. 72
d. 120
____________________________________________________________________________________________
138. In case of other banks employees, following requirements are to be fulfilled for IB Vehicle Loan
a. NOC from the employer
b. Minimum 3 years of service / experience
c. A & B
d. A or B
____________________________________________________________________________________________
133. C 134. A 135. C
136. A 137. B 138. C
139. Minimum period of service need not be insisted, in case of confirmed employees of Central Government /
State Government Departments / Undertakings to avail IBVL with the permission of
a. BM Scale IV & Above
b. ZLCC
c. ZM
d. none of these
____________________________________________________________________________________________
140. Who can consider loan for more than one vehicle under IBVL, depending on financials and repaying capacity
a. BM Scale IV & Above
b. ZLCC
c. ZM
d. none of these
____________________________________________________________________________________________
141. IBVL is not allowed for purchase of

a. Used 4 wheeler of more than 3 years
b. Used 4 wheeler of more than 5 years
c. Used Two wheeler
d. B & C
____________________________________________________________________________________________
142. Minimum gross monthly income for purchase of a car under ZLCC powers is
a. Rs.10,000
b. Rs.15,000
c. Rs.20,000
d. Rs.18,000
____________________________________________________________________________________________
143. How many times of gross salary is the eligible amount of loan under IBVL, subject to other conditions
a. 15
b. 20
c. 25
d. 10
____________________________________________________________________________________________
144. Spouse / Third party guarantee is exempted for two wheeler loan under IBVL for the loan amount upto
a. 0.50 lacs
b. 0.60 lacs
c. 0.75 lacs
d. 1.00 lacs
____________________________________________________________________________________________
139. B 140. B 141. D
142. B 143. B 144. C
145. Spouse / Third party guarantee is exempted for four wheeler loan under IBVL for the loan amount upto Rs.
a. 2 lacs
b. 3 lacs
c. 5 lacs
d. 7.5 lacs
____________________________________________________________________________________________
146. ZLCC may, on selective basis, relax the margin on Vehicle Loans by
a. 5%
b. 7%
c. 10%
d. Relaxation in margin is not permitted
____________________________________________________________________________________________
147. Who can consider takeover of Vehicle loans for four wheeler from other banks
a. BM of Scale IV and above
b. ZLCC
c. ZM
d. takeover of vehicle loans is not permitted
____________________________________________________________________________________________
148. Which of the following statement is incorrect about IBVL scheme?

a. ZLCC may consider loans on selective basis to Partnership Firms, Limited companies etc. (for use by the
Organization / Firm) with good repayment capacity for the use of their executives / Office purposes.
b. ZLCC can reduce the Income Criteria up to Rs.15, 000/- p.m.
c. ZLCC may, on selective basis, relax the margin on all the types of Vehicle Loans by 5%
d. none of these
____________________________________________________________________________________________
149. What is minimum monthly income requirement for NRIs (individuals only), for loan for purchase of 4 wheeler
(to be used by his / her family in India) ?
a. Rs 40000/-
b. Rs. 30000
c. Rs. 20000
d. No ceiling
____________________________________________________________________________________________
150. Who is the competent authority to consider vehicle loan to Partnership Firms, Limited companies etc. ?
a. Branch Manager
b. As per delegated power book
c. ZLCC
d. Zonal Manager
____________________________________________________________________________________________
145. C 146. A 147. B
148. D 149. A 150. C
151. How many vehicles can be sanctioned at branch level per person?
a. Two
b. One
c. Two
d. No such restrction
____________________________________________________________________________________________
152. Who can sanction loan for purchase of used two wheeler?
a. BM
b. Loans Officerabm
c. ZLCC
d. Not permitted.
____________________________________________________________________________________________
153. What should be age of used four wheeler to be eligible for sanction of vehicle loan?
a. Not more than 3 yrs
b. Not more than 2 yrs
c. Not more than 5 yrs
d. No restriction
____________________________________________________________________________________________
154. What is the Processing Charges on vehicle loan-4 wheeler ?

a. No processing charges for vehicle loan
b. 0.229% of loan amount /maximum of Rs.10191/-
c. 0.225 % of the loan amount
d. 0.229% of the cost of vehicle
____________________________________________________________________________________________
155. What is the amount of incentive payable to authorised vehicle dealers for leads?
a. 1.00% of the Four Wheeler loan (Limit) with a cap of Rs.50000/- per loan
b. No such scheme in our Bank
c. 1.00% of the Four Wheeler loan (Limit) with no maximum ceiling
d. 1.00% of the cos tof the Four Wheeler with a cap of Rs.50000/- per vehicle
____________________________________________________________________________________________
156. What is the amount of incentive payable to sales executives for lead generation for vehicle loan?
a. 0.25% of the Four Wheeler loan (Limit) with no cap on maximum amount
b. 0.25% of the cost of the Four Wheeler a cap Rs. 2000/- per vehicle
c. 0.25% of the Four Wheeler loan (Limit) with a cap of Rs.2000/- per loan
d. No such scheme in our bank
____________________________________________________________________________________________
151. B 152. D 153. A
154. B 155. A 156. C
157. Can ZLCC permit sanction of loan for purchase of Used four Wheeler aged over 3 years ?
a. Yes, by two more years.
b. No
c. Yes
d. BM himself can sanction
____________________________________________________________________________________________
158. What is maximum repayment Period for used 4wheeler loan?

a. 5 years
b. 7 Years
c. 7 years inclusive of the age of the vehicle
d. 10 Years
____________________________________________________________________________________________
159. What is the minimum service/experience required for vehicle loan?

a. 3 years.
b. 5 years
c. 7 Years
d. 2 years
____________________________________________________________________________________________
160. Which of the following purposes we can give loan against NSC/KVP/LIC
a. We can not sanction any loan against NSC/KVP/LIC policy
b. Any permitted bankable puposes
c. For childreen's marriage
d. For childreens' education only
____________________________________________________________________________________________
161. What purpose non-priority loan against pledge of Jewels can be given?
a. Any genuine activity
b. Only for Agricultural purpose
c. Only for Education
d. Only for renovation of house
____________________________________________________________________________________________
162. What is the advance value of loan against pledge of Jewel?

a. 70 % of purchage value
b. 70% of market value
c. 90% of market value
d. 100% of purcahse value
____________________________________________________________________________________________
157. A 158. C 159. A
160. B 161. A 162. B
163. Do staff of our Bank eligibel for Jewel Loan?

a. Yes
b. No
c. Staff are not eligibel for Jewel Loan
d. All permanent staff of the bank are eligible for jewel loan
____________________________________________________________________________________________
164. Who is the sanctioning authority for sanction of Jewel Loan for Staff?
a. Branch Manager, where the staff is working
b. Zonal Manager
c. Branch Manager of the Jewel Loan sanctioning branch
d. CO:hrm
____________________________________________________________________________________________
165. What is the repayment period of Jewel Loan sanctined to Staff memebrs against pledge of Jewels for short
term loan?
a. 15 months
b. 12 months
c. No such stipulation
d. It should be closed before their retirement
____________________________________________________________________________________________
166. What are all the branches that can sanction Jewel Loans to Staff memebrs?
a. Any branch of the bank
b. All Jewel Laon implementing branches
c. Specially designated branches
d. Only Rural branches
____________________________________________________________________________________________
167. Presently how many schemes are there under Educational Loan
a. Four
b. Three
c. Two
d. One
____________________________________________________________________________________________
168. What are the four schemes under Educational Loan

a. IBA Educational Loan Scheme, IB Educational Loan Prime, IB Educational Loan Prime – NIT, IB Skill Loan
Scheme
b. IBA model Educational Loan Scheme, IB Educational Loan Prime, IB Educational Loan Prime – IIT, IB Skill
Development Loan Scheme
c. IBA model Educational Loan Scheme, IB Educational Loan Prime, IB Skill Loan Scheme
d. Educational Loan
____________________________________________________________________________________________
163. D 164. C 165. B
166. B 167. B 168. C
169. What is the objective of REVISED IBA MODEL EDUCATIONAL LOAN SCHEME (2015)
a. FOR PURSUING EDUCATION
b. FOR PURSUING HIGHER EDUCATION IN INDIA
c. FOR PURSUING HIGHER EDUCATION IN ABROAD
d. FOR PURSUING HIGHER EDUCATION IN INDIA AND ABROAD
____________________________________________________________________________________________
170. What is the eligibility criteria for availing loan under revised IBA Model Educational Loan Scheme (2015)
a. Should have secured admission in any college
b. Should have secured admission through Entrance Test/ Merit Based Selection process
c. Should have secured admission through any State level Entrance Test/ Merit Based Selection process
d. Should have secured admission through an all India level Entrance Test/ Merit Based Selection process
____________________________________________________________________________________________
171. Is it in order to consider a meritorious student (who qualifies for a seat under merit quota) eligible for loan
under IBA scheme even if the student chooses to pursue a course under Management Quota.
a. Only ZLCC Can sanction
b. It is at BMs discretion
c. ZLCC / BM depending on the limit
d. No
____________________________________________________________________________________________
172. For the purpose of IBA Model Educational Scheme (2015) the educational insitutions are broadly classified into
how many categories
a. Three
b. Two
c. One
d. Four
____________________________________________________________________________________________
173. What are the categories of educaitonal institutions classified for the purpose of IBA Model Educational Scheme
a. Rated Indian Institutions, Unrated Institutions, Foreign Institutions
b. Rated Indian Institutions
c. Unrated Institutions
d. Foreign Institutions
____________________________________________________________________________________________
174. What is the cutoff rank for availing loan under IBA Model Educational Loan Scheme for studies abroad
a. First 500 ranks of the Foreign Universities
b. First 100 ranks of the Foreign Universities
c. First 400 ranks of the Foreign Universities
d. First 600 ranks of the Foreign Universities
____________________________________________________________________________________________
169. D 170. B 171. C
172. A 173. A 174. A
175. What are the countries exempted for sanctioning loan under IBA Model Educational Loan Scheme for studies
abroad
a. China, Russia and Ukraine
b. China, Russia and America
c. China, Africa and Ukraine
d. China, Australia and Ukraine
____________________________________________________________________________________________
176. What is the URL of website for varifyin the rank of Foreign Univesitites
a. www.webometrics.nic.net
b. www.webometrics.com
c. www.webometrics.net
d. www.webometrics.info
____________________________________________________________________________________________
177. What are all the courses eligible for educational loan under IBA Model Educational Loan Scheme for studies
in India:
a. Approved courses leading to graduate/ post graduate degree and P G Diploma of recognised institutions
b. Approved courses leading to Post graduate degree and P G Diploma of recognised institutions
c. Approved courses leading to graduate/ post graduate degree
d. Approved courses leading to P G Diploma of recognised institutions
____________________________________________________________________________________________
178. Wheter the Diploma in Teacher Training course is eligible under the IBA Model Educational loan scheme.
a. Only ZLCC Can sanction
b. Yes, but BM can not sanction
c. NO
d. YES
____________________________________________________________________________________________
179. Whether Travel expenses/ passage money for studies abroad can be included in loan component for IBA
Model Educational loan scheme?
a. Yes but only for studies abroad
b. Yes but only for professional courses
c. YES
d. NO
____________________________________________________________________________________________
180. Whether Insurance premium for student borrower is eligible for loan component for IBA Model Educational
Loan scheme?
a. YES
b. NO
c. Only for Foreign students
d. Only for Foreign studies
____________________________________________________________________________________________
175. A 176. D 177. A
178. C 179. C 180. A
181. What is maximum Hostel & Mess charges that can be considered in other places under loan component for
IBA Model Educational Loan scheme?
a. Rs 40,000/-
b. Rs 50,000/-
c. Rs 60,000/-
d. Rs 70,000/-
____________________________________________________________________________________________
182. What is maximum Hostel & Mess charges that can be considered in Area I under loan component for IBA
Model Educational Loan scheme?
a. Rs 50,000/-
b. Rs 40,000/-
c. Rs 60,000/-
d. Rs 70,000/-
____________________________________________________________________________________________
183. What is maximum Hostel & Mess charges that can be considered in Major A class cities under loan component
for IBA Model Educational Loan scheme?
a. Rs 60,000/-
b. Rs 40,000/-
c. Rs 50,000/-
d. Rs 70,000/-
____________________________________________________________________________________________
184. How much relaxation can be considered by ZLCC, in case of Hostel & Mess charges under IBA Model
Educational scheme?
a. Upto 10%
b. Upto 20%
c. Upto 30%
d. Upto 40%
____________________________________________________________________________________________
185. How much relaxation can be considered by COLCC (GM), in case of Hostel & Mess charges under IBA Model
Educational scheme?
a. Upto 20%
b. Upto 10%
c. Upto 30%
d. Upto 40%
____________________________________________________________________________________________
186. What is upper limit for considering the Caution deposit, Building fund / refundable deposit supported by
Institution bills/receipts under loan component for IBA Model Educational Loan scheme?
a. Amount should not exceed 10% of the total tuition fees for the entire course
b. Amount should not exceed 20% of the total tuition fees for the entire course
c. Amount should not exceed 25% of the total tuition fees for the entire course
d. Amount should not exceed 30% of the total tuition fees for the entire course
____________________________________________________________________________________________
181. A 182. A 183. A
184. A 185. A 186. A
187. What are the Powers for BM Scale I for sanction of educational loans for studies in India Prime Institutions
under IBA Model Educational scheme?
a. Rs 7.50 lakhs
b. Rs 7.00 lakhs
c. Rs 8.00 lakhs
d. Rs 8.50 lakhs
____________________________________________________________________________________________
188. What are the Powers for BM Scale II for sanction of educational loans for studies in India Prime Institutions
a. Rs 20.00 lakhs
b. Rs 10.00 lakhs
c. Rs 15.00 lakhs
d. Rs 25.00 lakhs
____________________________________________________________________________________________
189. What are the Powers for BM Scale III for sanction of educational loans for studies in India Prime Institutions
a. Rs 30.00 lakhs
b. Rs 10.00 lakhs
c. Rs 20.00 lakhs
d. Rs 25.00 lakhs
____________________________________________________________________________________________
190. What are the Powers for BM Scale IV for sanction of educational loans for studies in India Prime Institutions
a. Rs 30.00 lakhs
b. Rs 10.00 lakhs
c. Rs 20.00 lakhs
d. Rs 25.00 lakhs
____________________________________________________________________________________________
191. Who is the Sanctioning authority for Eeducation Loan for All unrated institutes in India & All permitted foreign
institutes under IBA Model Educational scheme?
a. ZLSCC/ZLCC
b. ZLSCC
c. ZLCC
d. GM
____________________________________________________________________________________________
192. What is the maximum scheme wise cap for fresh sanctions for Medicine stream under IBA Model Educational
scheme?
a. No limit
b. Rs 30.00 lakhs
c. Rs 10.00 lakhs
d. Rs 20.00 lakhs
____________________________________________________________________________________________
187. A 188. A 189. A
190. A 191. A 192. A
193. What is the maximum scheme wise cap for fresh sanctions in Engineering stream under IBA Model
Educational scheme?
a. 40%
b. 10%
c. 50%
d. 30%
____________________________________________________________________________________________
194. What is the maximum scheme wise cap fixed for fresh sanctions for Management stream under IBA Model
Educational scheme?
a. 10%
b. 20%
c. 30%
d. 40%
____________________________________________________________________________________________
195. What is the maximum scheme wise cap fixed for fresh sanctions for Computer Science stream under IBA
Model Educational scheme?
a. 10%
b. 20%
c. 30%
d. 40%
____________________________________________________________________________________________
196. What is the celining on fresh sanctions to total sanction that can be made at Zonal leve for unrated institutions
a. 50%
b. 20%
c. 30%
d. 40%
____________________________________________________________________________________________
197. What do you mean by CGFSEL?
a. CREDIT GRANTOR FUND SCHEME FOR EDUCATIONAL LOANS SCHEME
b. COLLATERAL GUARANTEED FUND SCHEME FOR EDUCATIONAL LOANS SCHEME
c. COMBINED GUARANTEE FUND SCHEME FOR EDUCATIONAL LOANS SCHEME
d. CREDIT GUARANTEE FUND SCHEME FOR EDUCATIONAL LOANS SCHEME
____________________________________________________________________________________________
198. What is the elibille amount of insturance coverage available from CGFSEL for IBA Model Educational scheme?
a. Educational loans sanctioned under IBA Scheme upto a limit of Rs.7.50 lakh on or after 16th September
2015 without any collateral security and third party guarantee
b. Educational loans sanctioned under IBA Scheme upto a limit of Rs.7.00 lakh on or after 16th September
c. Educational loans sanctioned under IBA Scheme upto a limit of Rs.8.50 lakh on or after 16th September
d. Educational loans sanctioned under IBA Scheme upto a limit of Rs.8.00 lakh on or after 16th September
____________________________________________________________________________________________
193. A 194. A 195. A
196. A 197. D 198. A
199. What is the annual guarantee fee under CGFSEL for IBA Model Educational loan scheme?
a. 0.50% p.a. of the outstanding loan amount
b. 0.25% p.a. of the outstanding loan amount
c. 0.30% p.a. of the outstanding loan amount
d. 0.60% p.a. of the outstanding loan amount
____________________________________________________________________________________________
200. Who bears the gurantee for under CGFSEL for IBA Model Educational Loan scheme?
a. Bank
b. Customer
c. Both
d. Respective educational institution
____________________________________________________________________________________________
201. What is the maximum amount of coverage available for IBA model educational loan scheme under CGFSEL?
a. 75% of the amount in default
b. 50% of the amount in default
c. 25% of the amount in default
d. 100% of the amount in default
____________________________________________________________________________________________
202. What is the margin for education loan under IBA Model Educational loan scheme with Limit Upto Rs.4 lakhs
a. NIL
b. 10%
c. 15%
d. 20%
____________________________________________________________________________________________
203. What is the margin for education loan under IBA Model Educational loan scheme with Limit above Rs.4 lakhs
jfor studies in India?
a. 5%
b. 10%
c. 15%
d. 20%
____________________________________________________________________________________________
204. What is the margin for education loan under IBA Model Educational loan scheme with Limit above Rs.4 lakhs
jfor studies abroad?
a. 15%
b. 10%
c. 30%
d. 20%
____________________________________________________________________________________________
199. A 200. A 201. A
202. A 203. A 204. A
205. Can scholarship / assistantship to be included in margin for IBA Model Educational loan scheme?
a. YES
b. No
c. Only Govt. scholarship
d. 50% can be taken as margin
____________________________________________________________________________________________
206. What is the security for the Educational loans (limit upto Rs.7.50 lakh) covered Credit Guarantee Fund
Scheme (CGFSEL)?
a. Rs. 5.00 Lakhs
b. Rs. 2.50 Lakhs
c. Rs. 10 Lakhs
d. NIL
____________________________________________________________________________________________
207. Who should be the joint/co-borrower of educational loan upto limit of Rs. 7.50 Lakhs under IBA Model
Educational Loan scheme?
a. Parents
b. Guardian
c. Spouse
d. All
____________________________________________________________________________________________
208. What is the maximum amount of loan that can be sanctioned without any security under IBA Model
Educational Loan scheme which is not covred under CGFSEL?
a. Rs. 4.00 Lakhs
b. Rs. 3.00 Lakhs
c. Rs. 5.00 Lakhs
d. Rs. 2.00 Lakhs
____________________________________________________________________________________________
209. What is the additional security for educational loan limit of more than Rs. 4 Lakhs and upto Rs.7.50 Lakhs
sanctioned under IBA Model Educational Loan scheme which is not covred under CGFSEL?
a. No collateral is required
b. Collateral security in the form of fixed property
c. Collateral security in the form of suitable third party guarantee
d. Guarantee of both parents
____________________________________________________________________________________________
210. What is the additional security for educational loan limit of more than Rs.7.50 Lakhs sanctioned under IBA
Model Educational Loan scheme which is not covred under CGFSEL?
a. No collateral is required
b. Collateral security in the form of fixed property
c. Collateral security in the form of suitable third party guarantee
d. Tangible collateral security not less than the loan
____________________________________________________________________________________________
205. A 206. D 207. A
208. A 209. C 210. D
211. What is the percentage of interest concession available for Girl students under IBA Model exucational loan
scheme, which is not covered under CGFSEL?
a. 0.50%
b. 1.00%
c. 1.50%
d. 2.00%
____________________________________________________________________________________________
212. Whether servicing of interest during study period and the moratorium period till commencement of repayment
is compulsory or optional for students availed loan under IBA Model Educational Loan scheme?
a. Compulsory
b. Not necessary
c. At Bank's discretion
d. Optional
____________________________________________________________________________________________
213. When shall the interest on education loan to be recovered for loan availed under IBA Model Educational Loan
scheme?
a. Accrued interest has to be recovered as and when charged
b. On complete recovery of the loan amount
c. Accrued interest will be added to the principal amount borrowed, while fixing EMI for repayment of the loan.
d. At the time of closure of the loan account
____________________________________________________________________________________________
214. What is the name of the portal through which education loan applciations are to be routed?
a. Vijayalakshmi portal
b. Vidyalakshmi portal
c. Vidyalakshmi template
d. Educational loan portal
____________________________________________________________________________________________
215. What is the maximum time period available for sanction of education loan applciation received under IBA
Model educational loan scheme?
a. Within 45 to 60 days of receipt duly completed application with supporting documents.
b. Within 45 days of receipt duly completed application with supporting documents.
c. Within 15 to 30 days of receipt duly completed application with supporting documents.
d. No time limit
____________________________________________________________________________________________
216. While appraising the loan received under IBA Model educational loan scheme only the future income prospect
of the student to be looked into
a. Only parent's income should be considered
b. Not relevant
c. YES
d. NO
____________________________________________________________________________________________
211. A 212. D 213. C
214. B 215. C 216. C
217. Can a branch reject loan application received under IBA Model Educational loan scheme?
a. Yes
b. Yes with concurrence of the respective Institution
c. No. Bank can not reject
d. Yes with concurrence of controlling authority
____________________________________________________________________________________________
218. Can a student submit his loan application under IBA Model Educational loan scheme in branch nearer to his
parents residence or nearer to educational institution?
a. Either at the bank branches near to the residence of parents or to the educational institution.
b. At the bank branches near to the residence of parents
c. At the bank branches near to the educational institution.
d. He can not submit the applciation to the branch at all
____________________________________________________________________________________________
219. Which branch has to maintain the loan account after sanction under IBA Model educational loan scheme?
a. Either at the bank branches near to the residence of parents or to the educational institution.
b. At the bank branches near to the residence of parents
c. After the loan is sanctioned, the cases be transferred to the bank branch nearer to the institution for follow up
with student / institution.
d. At Zonal Office
____________________________________________________________________________________________
220. What is the moratorium period of Educational Loan under IBA Model Educational loan scheme?
a. Course period plus one year
b. Course period plus one and half year
c. Course period plus two years
d. Course period plus 6 months
____________________________________________________________________________________________
221. What is the maximum repayment period of Educational Loan under IBA Model Educational loan scheme?
a. 180 EMIs after the moratorium period
b. 180 EMIs with the moratorium period
c. 185 EMIs after the moratorium period
d. 185 EMIs with the moratorium period
____________________________________________________________________________________________
222. What is the interest rate concession available for borrower for IBA Model Educational Loan scheme, if the
interest charged during study and holiday period is serviced, other than student borrowers benefitted under any
interest subsidy scheme?
a. 1%
b. 2%
c. 2%
d. 3%
____________________________________________________________________________________________
217. D 218. A 219. C
220. A 221. A 222. A
223. What is the opiton available in case of educational loans where the salary levels at the start of the career may
not facilitate comfortable payment of EMI?
a. Borrower has to pay the EMI irrespective of the salary level
b. We may sanction additional loan for repayment of the instalment
c. Telescoping of repayment with stepped up installments with passage of time
d. Borrower can start repaying after getting salary sufficient to pay full instalment
____________________________________________________________________________________________
224. What is the additional moratorium perio allowed for IBA Model educational loan borrower?
a. Upto three spells not exceeding six months each during the life cycle of the loan
b. Upto three spells not exceeding seven months each during the life cycle of the loan
c. Upto two spells not exceeding six months each during the life cycle of the loan
d. Upto two spells not exceeding seven months each during the life cycle of the loan
____________________________________________________________________________________________
225. What is the additional provision to be made by the Bank in case of IBA Model Educational loans, where
additional moratoruim period is allowed?
a. Higher provision of 5% during the additional moratorium period and one year thereafter
b. Higher provision of 6% during the additional moratorium period and one year thereafter
c. Higher provision of 5% during the additional moratorium period and 6 months thereafter
d. Higher provision of 6% during the additional moratorium period and 6 months thereafter
____________________________________________________________________________________________
226. Whether extension of time permitted for fixing the repayment of the loan, If the student is not able to complete
the course within the scheduled time?
a. Can not be done
b. Only ZLCC basing on case to case basis will decide
c. YES
d. NO
____________________________________________________________________________________________
227. What action bank has to take in case the student discontinues the course midway after availing loan under IBA
Model educational loan scheme?
a. Bank has to recover the full loan amount from student/parent.
b. Bank has to recover the full loan amount from student
c. Bank has to recover the full loan amount from parent.
d. Bank has to fix appropriate repayment schedule in consultation with the student/parent.
____________________________________________________________________________________________
228. Whether Life Insurance is mandatory for the students availing Educational Loan?
a. No
b. Yes for the course fee amount
c. Yes for the loan limit sanctioned
d. Insurance is not requried for the educational loan
____________________________________________________________________________________________
223. C 224. A 225. A
226. C 227. D 228. C
229. Who can issue capability certificate for students going abroad for higher studies?
a. Zonal Manager
b. Chief Manager
c. Branch Manager
d. General Manager
____________________________________________________________________________________________
230. Which certificate enables foreign universities to know about the sponsor's solvency/ financial capability, with a
view to ensure that the sponsors of the students going abroad for higher studies are capable of meeting the
expenses till completion of studi
a. Capacity certificate
b. Convenience certificate
c. Conduct certificate
d. Capability certificate
____________________________________________________________________________________________
231. Can we sanction educational loan to more than one child from the same family?
a. Can't say
b. Only with ZM's approval
c. YES
d. NO
____________________________________________________________________________________________
232. What is the minimum age restriction of the student to be eligible for education loan?
a. No specific age restriction
b. 18 Years
c. 20 Years
d. 25 Years
____________________________________________________________________________________________
233. Which form to be obtained if the student is minor while the parent executed documents for the loan on attaining
majority?
a. F - 160
b. F - 161
c. F - 16A
d. F - 162
____________________________________________________________________________________________
234. Can top up loans be considered to students pursuing further studies under IBA Model educational loan
scheme?
a. Can be considered only with the prior approval of Zonal Manager
b. Can be considered only with the prior approval of General Manager, Corporate Office
c. YES
d. NO
____________________________________________________________________________________________
229. A 230. D 231. C
232. A 233. D 234. C
235. What should bank do with the first loan, if a Top up loan is sanctioned under IBA Model Educational loan
scheme for higher studies?
a. The repayment of the first loan will commence after completion of the course for which it is availed
b. The repayment of the first loan will commence after closure of the second loan availed for higher studies
c. The repayment of the I loan will commence as soon as
the second loan is sanctioned
d. The repayment of the first loan will commence after the completion of the second course and further
moratorium period
____________________________________________________________________________________________
236. Who can be a joint borrower in case of a married person for IBA Model educational loan scheme?
a. Spouse
b. Parent(s)
c. Parents-in-law
d. All
____________________________________________________________________________________________
237. Wherever parents are not there who can be considered as co-borrower for Educational loan?
a. Grand parents with the approval of Zonal Manager
b. Grand parents with the approval of Chief Manager
c. Grand parents with the approval of General Manager
d. Grand parents with the approval of Deputy Zonal Manager
____________________________________________________________________________________________
238. What type of no due certiciate required for considering educational loan applciation?
a. Self declaration / an affidavit confirming that no loans are availed from other banks from applicant
b. Self declaration / an affidavit confirming that no loans are availed from other banks from parents
c. Self declaration / an affidavit confirming that no loans are availed from other banks from applicant and
parents
d. No declaration is requried
____________________________________________________________________________________________
239. Who is the competent authority for considering any relaxations in terms like eligibility, margin and security
norms for edcational loans?
a. ZLCC
b. CM
c. ZLSCC
d. GM
____________________________________________________________________________________________
240. What is margin for loans considered under IB EDUCATIONAL LOAN PRIME
a. NIL
b. 5%
c. 10%
d. 15%
____________________________________________________________________________________________
235. D 236. A 237. A
238. A 239. A 240. A
241. Who can consider any relaxation requested by applcicant in case of IB Educational Loan Prime?
a. Only Branch Manager
b. Only Zonal Manager
c. Respective sanctioning authority
d. Only CO:CMC
____________________________________________________________________________________________
242. What is the name of the new Loan Scheme replaced the earlier IBA Model Loan Scheme for Vocational
Education and Training?
a. IB Vidya Mandir
b. Bala Vidya
c. Bhavishya Prakash
d. IB SKILL LOAN SCHEME
____________________________________________________________________________________________
243. What do you mean by NCGTC?

a. National Credit Guarantee Trustee Company
b. Notional Credit Guarantee Trustee Company
c. National Credit Grantors Trustee Company
d. National Credit Guarantee Company
____________________________________________________________________________________________
244. Which organisation gives credit gurarantee coverage for loans sanctioned under IB Skill Loan?
a. NGTC
b. DICGC
c. NCGTC
d. CGTMSME
____________________________________________________________________________________________
245. What is the objective of IB Skill Loan Scheme?

a. Providing a loan facility to any individual who intend to take up higher studies
b. Providing a loan facility to individuals who intend to take up any professional course
c. Providing a loan facility to individuals who intend to take up skill development courses anywhere in India
d. Providing a loan facility to individuals who intend to take up skill development courses as per the Skilling
Loan Eligibility Criteria.
____________________________________________________________________________________________
246. What do you mean by NSQF?

a. National Skill Qualification Fund
b. National Skill Qualification Formula
c. National Skill Qualification Framework
d. Notional Skill Qualification Framework
____________________________________________________________________________________________
241. C 242. D 243. A
244. C 245. D 246. C
247. What is the quantum of loan that can be sanctioned under IB Skill Loan scheme?
a. Rs. 5,000/- to max. Rs. 150,000/-.
b. Rs. 10,000/- to max. Rs. 150,000/-.
c. Rs. 5,000/- to max. Rs. 200,000/-.
d. Rs. 10,000/- to max. Rs. 200,000/-.
____________________________________________________________________________________________
248. What is the margin required for loan under IB Skill Loan Scheme?
a. 10%
b. 15%
c. 20%
d. 25%
____________________________________________________________________________________________
249. What is the guarantee for loan for loans sanctioned under IB Skill loan scheme?
a. 0.5% of the amount outstanding.
b. 0.25% of the amount outstanding.
c. 1% of the amount outstanding.
d. 1.5% of the amount outstanding.
____________________________________________________________________________________________
250. What is the maximum guarantee coverage available for loan for loans sanctioned under IB Skill loan scheme?
a. 75% of the outstanding loan amount
b. 25% of the outstanding loan amount
c. 50% of the outstanding loan amount
d. 60% of the outstanding loan amount
____________________________________________________________________________________________
251. Who bears the gurantee payable to NCGTC for IBA Skill Loan scheme?
a. IBA
b. GOI
c. Bank
d. Customer
____________________________________________________________________________________________
252. What is the moratorium period for loans availed under IBA Skill Loan scheme for courses of duration upto 1
year?
a. Upto 6 months from the completion of the course
b. Upto 1 year from the completion of the course
c. Upto 2 year from the completion of the course
d. Upto he/she get the job from the completion of the course
____________________________________________________________________________________________
247. A 248. A 249. A
250. A 251. C 252. A
253. What is the moratorium period for loans availed under IBA Skill Loan scheme for courses of duration above 1
year?
a. 12 months from the completion of the course
b. 6 months from the completion of the course
c. 18 months from the completion of the course
d. 24 months from the completion of the course
____________________________________________________________________________________________
254. What is the repayment period of loan limit upto Rs. 50000/- sanctioned under IB Skill loan scheme?
a. Upto 3 years
b. Upto 1 year
c. Upto 2 years
d. Upto 4 years
____________________________________________________________________________________________
255. What is the repayment period of loan limits between Rs. 50000/- and Rs. 1.00 Lakh sanctioned under IB Skill
loan scheme?
a. Upto 5 years
b. Upto 1 year
c. Upto 2 years
d. Upto 4 years
____________________________________________________________________________________________
256. What is the repayment period of loan limits of more than Rs. 1.00 Lakh sanctioned under IB Skill loan
scheme?
a. Upto 7 years
b. Upto 5 years
c. Upto 2 years
d. Upto 4 years
____________________________________________________________________________________________
257. Who developed the Vidalakshmi Portal?

a. IBA
b. RBI
c. NSDL e-Governance.
d. BANK
____________________________________________________________________________________________
258. How can branches access Vidyalakshmi portal?

a. Though only Internet
b. Branches has to get the portal downloaded from the Zonal Office
c. No access for the protal by branches
d. In-House Applications of HelpDesk
____________________________________________________________________________________________
253. A 254. A 255. A
256. A 257. C 258. D
259. At what frequency, branches have to to check if any loan application is marked against their branch
a. Daily basis
b. Weekly basis
c. Monthly basis
d. Yearly basis
____________________________________________________________________________________________
260. At what frequency, Zonal Offices have to to check if any loan application is marked against their branch
a. Daily basis
b. Weekly basis
c. Monthly basis
d. Yearly basis
____________________________________________________________________________________________
261. How can branches log into Vidyalakshmi portal?

a. Branches can log in with their AML User Id and Password
b. Branches can log in with their A&L/ CSIS User Id and Password
c. Both A and B
d. Branches can log in with their Salary site User Id and Password
____________________________________________________________________________________________
262. What are the charges to be recovered for an educational loan received through Vidyalakshmi Portal and
sanctioned?
a. Rs.250/- plus 15 % tax (Rs.287.50 presently)
b. Rs.250/- plus 18 % tax (Rs.295 presently)
c. Rs.250/- plus 12 % tax (Rs.280 presently)
d. Rs.250/- plus 10 % tax (Rs.275 presently)
____________________________________________________________________________________________
263. Who has to recover the charges for an educational loan sanctioned processed through Vidyalakshmi Portal?
a. CO:RBD
b. ZO
c. Branch Manager
d. No charges
____________________________________________________________________________________________
264. How many subsidy schemes available for Educational loans?.

a. Three
b. Two
c. One
d. Four
____________________________________________________________________________________________
259. A 260. A 261. A
262. A 263. A 264. A
265. What do you mean by CSIS?

a. Center Scheme to provide Interest Subsidy to Educational Loan
b. Central Service to provide Interest Subsidy to Educational Loan
c. Central Scheme to provide Interest Subsidy to Educational Loan
d. Central Scheme to provide Interest Subsidy to Eligible loan borrowers
____________________________________________________________________________________________
266. What is the name of the interest subsidy scheme available for educational loans for studies in India?
a. Central Scheme to provide Interest Subsidy to Educational Loan
b. Center Scheme to provide Interest Subsidy to Educational Loan
c. Central Service to provide Interest Subsidy to Educational Loan
d. Central Scheme to provide Interest Subsidy to Eligible loan borrowers
____________________________________________________________________________________________
267. What is the name of the interest subsidy scheme available for educational loans availed by minority community
students for studies abroad?
a. Educational Loan for Minorities
b. IBA Interest subsidy scheme
c. PadhoPardesh Scheme
d. CGTMSME
____________________________________________________________________________________________
268. What is the name of the interest subsidy scheme available for educational loans for studies abroad for
OBCs/EBCs?
a. IBA Interest subsidy scheme
b. PadhoPardesh Scheme
c. CGTMSME
d. Interest Subsidy on Educational Loan (IBA Scheme) for Overseas Studies for OBCs/EBCs (ACSISOBCEBC)
____________________________________________________________________________________________
269. What is the income ceiling for claiming interest subsidy under Central Scheme to provide Interest Subsidy to
Educational Loan?
a. Annual gross parental / family income from all sources should not be above Rs.4.50 lakh.
b. Annual gross parental / family income from all sources should not be above Rs.4.00 lakh.
c. Annual gross parental / family income from all sources should not be above Rs.5.50 lakh.
d. Annual gross parental / family income from all sources should not be above Rs.5.00 lakh.
____________________________________________________________________________________________
270. What is the periodicity of availability of interest subsidy under Central Scheme to provide Interest Subsidy to
Educational Loan?
a. Till the closure of the loan account
b. Till the repayment of the loan
c. Upto moratorium period
d. No interest subsidty is available
____________________________________________________________________________________________
265. C 266. A 267. C
268. D 269. A 270. C
271. What is the criterial for claiming interest subsidy under Central Scheme to provide Interest Subsidy to
Educational Loan?
a. The interest subsidy is admissible in respect of courses where the fee structure is more than Rs.10 lakh.
b. The interest subsidy is admissible in respect of courses where the fee structure is more than Rs.15 lakh.
c. The interest subsidy is admissible in respect of courses where the fee structure is more than Rs.20 lakh.
d. The interest subsidy is admissible in respect of courses where the fee structure is more than Rs.5 lakh.
____________________________________________________________________________________________
272. How many times the interest subsidy is available under Central Scheme to provide Interest Subsidy to
Educational Loan?
a. Only once
b. Twice
c. Thrice
d. Four
____________________________________________________________________________________________
273. What are all the courses eligible for interst subsidy under Padhoparadesh Scheme?
a. Educational loans sanctioned to pursue Masters courses abroad.
b. Educational loans sanctioned to pursue M.Phil courses abroad.
c. Educational loans sanctioned to pursue Ph.D. courses abroad.
d. ALL
____________________________________________________________________________________________
274. What is the income ceiling for claiming interest subsidy under Padhoparadesh subsidy Scheme?
a. Rs.6.00 lakh pa
b. Rs.5.00 lakh pa
c. Rs.4.00 lakh pa
d. Rs.7.00 lakh pa
____________________________________________________________________________________________
275. What is the maximum loan amount eligible for interest subsidy under Padhoparadesh subsidy Scheme?
a. Rs.20.00 lakh pa
b. Rs.10.00 lakh pa
c. Rs.30.00 lakh pa
d. Rs.25.00 lakh pa
____________________________________________________________________________________________
276. Which bank has been designated as the Nodal Bank to administer the interest subsidy claims under
Padhoparadesh scheme to provide Interest Subsidy to Educational Loan on behalf of other bank?
a. Canara Bank
b. Indian Bank
c. PNB
d. Syndicate Bank
____________________________________________________________________________________________
271. A 272. A 273. A
274. A 275. A 276. A
277. What are all the courses eligible for interst subsidy under ACSISOBCEBC SUBSIDY?
a. For Masters
b. For Ph.D
c. Both A and B
d. Only professional courses
____________________________________________________________________________________________
278. What is the interst subsidy provided under ACSISOBCEBC SUBSIDY?

a. Entire Interest charged for the educational loans
b. Interest charged for the educational loans during the repayment period
c. Interest charged for the educational loans during the moratorium period
d. No such scheme
____________________________________________________________________________________________
279. What is the maximum loan amount eligible for interest subsidy under ACSISOBCEBC SUBSIDY Scheme?
a. Rs.20.00 lakh.
b. Rs.10.00 lakh.
c. Rs.25.00 lakh.
d. Rs.15.00 lakh.
____________________________________________________________________________________________
280. What is the income ceiling for OBCs for claiming interest subsidy under ACSISOBCEBC SUBSIDY Scheme?
a. Rs.3.00 lakh pa
b. Rs.1.00 lakh pa
c. Rs.2.00 lakh pa
d. Rs.4.00 lakh pa
____________________________________________________________________________________________
281. What is the income ceiling for EBCs for claiming interest subsidy under ACSISOBCEBC SUBSIDY Scheme?
a. Rs.1.00 lakh pa
b. Rs.2.00 lakh pa
c. Rs.3.00 lakh pa
d. Rs.4.00 lakh pa
____________________________________________________________________________________________
282. Which bank has been designated as Nodal Bank to administer the interest subsidy claims under
ACSISOBCEBC SUBSIDY scheme to provide Interest Subsidy to Educational Loan on behalf of other bank?
a. Canara Bank
b. Indian Bank
c. PNB
d. Syndicate Bank
____________________________________________________________________________________________
277. A 278. C 279. A
280. A 281. A 282. A
283. What is provisional target for Education loan portfolio for the year 2017-18?
a. Rs. 4513.09 Crores
b. Rs. 4613.09 Crores
c. Rs. 4713.09 Crores
d. Rs. 4813.09 Crores
____________________________________________________________________________________________
284. What is the rate of interest on educationla loan for loans to staff / wards of staff?
a. MCLR 1 year rate
b. MCLR 2 year rate
c. MCLR 3 year rate
d. MCLR 4 year rate
____________________________________________________________________________________________
285. Which Central Governement Ministry provides subsidy under ACSISOBCEBC SUBSIDY scheme?
a. Ministry of Minority Affairs
b. Ministry of Higher Education
c. Ministry of Social Justice and empowerment
d. Ministry of Finance
____________________________________________________________________________________________
286. Which Central Governement Ministry provides subsidy under Padhoparadesh subsidy Scheme?
a. Ministry of Higher Education
b. Ministry of Social Justice and empowerment
c. Ministry of Finance
d. Ministry of Minority Affairs
____________________________________________________________________________________________
287. What is the ratio of interst subsidy amount reserved for girl students under ACSISOBCEBC SUBSIDY
scheme?
a. 50%
b. 25%
c. 75%
d. 30%
____________________________________________________________________________________________
288. In case of studies abroad,one of the following need not be noted in Bank's records
a. SSN
b. UID
c. PAN
d. Ration card Number
____________________________________________________________________________________________
283. A 284. A 285. C
286. D 287. A 288. D
Question Bank :
289. To popularise Skill loan schme , Branches may utilise services of

a. Government
b. Bank Mitra
c. Direct Selling Agents
d. Marketing Officers
____________________________________________________________________________________________
290. Agreement for Educational Loan is

a. D132
b. D130
c. D93
d. D134
____________________________________________________________________________________________
289. B 290. B

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Question Bank : PSLP

1. Margin prescribed by our bank for Bala vidya loan is ----%

2. Processing charges in case of Bala vidya scheme is Rs.

3. Minimum requirement to be eligible for loan under IB Bala Vidya scheme

4. Maximum repayment period under IB BALA VIDYA SCHEME is

5. Maximum Loan amount under IB BALA VIDYA SCHEME

16. Education loan upto Rs. 4 lacs is sanctioned

17. Education loan application is to be disposed off in

18. Processing charges under Education Loan for studies in India is

29. Under which portal education loan is applied

39. Which among the following is a requirement for educational loan?

53. Under IB Clean loan to Salaried class, margin to be brought in is

55. Under IB clean loan minimum service/experience of the applicant is --

57. Take over facility under IB clean salaried loan is

65. The purpose for IB clean salary loan is

66. Any deviation under Ib clean salary loan can be permitted by

68. Permitted Holiday period under IBCLS is

70. Guarantee under IB salary loan is to be obtained by

74. Repayment period in case of JL to senior citizen loan is ---EMI

87. What is correct about Jewel Loan Non Priority ?

88. Processing fees for pension loan up to Rs 25000/- is Rs..............

95. Repayment period fixed in case of regular pension loan is ----months

96. Repayment period fixed in case of family pension loan is ----months

99. Under IB Pension loan waiver of service charges is applicable to ..........

100. Maximum eligible loan amount for Regular Pensioners is .....

101. Maximum eligible loan amount for Family Pensioners is......

102. Maximum Entry Age for Regular Pensioners

103. Maximum Entry Age for Family Pensioners

104. Pension Loan cannot be sanctioned for ___ purpose

105. Who are not eligible for IB Pension Loan

114. Nature of charge under IB Vehicle loan scheme

123. Margin for New 4 Wheeler under IBVL is

125. Maximum loan that can be sanctioned for 2 wheeler

126. Maximum period of repayment for 4 wheelers under IBVL is

129. Margin Requirement for new 2 wheeler is

130. Maximum 2 wheeler loan that a Scale III BM can sanction

133. Minimum monthly income for NRIs for 4 wheeler loan is

141. IBVL is not allowed for purchase of

148. Which of the following statement is incorrect about IBVL scheme?

154. What is the Processing Charges on vehicle loan-4 wheeler ?

158. What is maximum repayment Period for used 4wheeler loan?

159. What is the minimum service/experience required for vehicle loan?

162. What is the advance value of loan against pledge of Jewel?

163. Do staff of our Bank eligibel for Jewel Loan?

168. What are the four schemes under Educational Loan

243. What do you mean by NCGTC?

245. What is the objective of IB Skill Loan Scheme?

246. What do you mean by NSQF?

257. Who developed the Vidalakshmi Portal?

258. How can branches access Vidyalakshmi portal?

261. How can branches log into Vidyalakshmi portal?

264. How many subsidy schemes available for Educational loans?.

265. What do you mean by CSIS?

278. What is the interst subsidy provided under ACSISOBCEBC SUBSIDY?

289. To popularise Skill loan schme , Branches may utilise services of

290. Agreement for Educational Loan is

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