multiple choice questions on agriculture advances

State Bank of India, SBLC, Dharwad.

A.R.Sathyanarayana Swamy, Chief Manager ( Trg ). 22/12/2009 . 04/200910 1

STATE BANK OF INDIA

SBLC, DHARWAD.

Multiple Choice Questions on Agriculture Advances

PLEASE CIRCLE / TICK THE CORRECT ANSWER.

1

State Bank’s Apna Gaon Scheme is

a Adoption of village

b service area approach

c Govt sponsored scheme

d Dairy Scheme

2

Under ADWDR scheme, banks are allowed to receive even less than 75% of the eligible amount under OTS provided :

a The bank bears the difference to the extent of 50 %

b The bank bears the difference to the extent of 75 %

c The bank bears the difference to the full extent.

d The State Govt bears the difference.

3

After delayaring of zonal office, who accords approval to the bank's own scale of finance for progressive farmers.

a Agm of the Region

b Circle Rural Business Head (DGM) at LHO / DGM (CPCs).

c Corporate Center

d DLTC

4

What is the Maximum loan amount that can be sanctioned under our Gram Niwas Sheme for repairing of house.

a 1.00 lac

b 1.50 lac

c 1.75

d 2.00 lac

5

Name the micro insurance scheme launched by us for Self Help Group (SHG) members.

a Super Suraksha

b Super Shakthi

c Gram Suraksha

d Grameen Shakti

6

Max Subsidy Ceiling available to companies & corporations for construction/ renovation/expansion

of rural go-downs is :

a Rs.25.00 lakhs

b Rs. 28.50 lac

c Rs 28.12 lakhs

d no ceiling

7

At least two third of DRI advances should be granted through :

a Rural CPC

b Rural branches

c Rural and Semi urban branches

d Semi Urban Branches

8

For foreign banks the priority sector lending target is ___ % of Adjusted Net Bank Credit

a No Target

b 32%

c 11%

d 40%

9

Who is responsible for verifying KYC in case of a loan application sourced by OMR ?

a ) Branch Manager

b Team Leader

c Field Officer

d OMR

10

Heifer means

a Certified Tractor.

b A variety of Cow

c GM seed variety

d A growing female calf.

11

Policy guidelines for the year 2009-10 envisage the Rural and semi urban branch network to reach

_________by March 2010.

a 10000



b 8000

c 9000

d 7000

12

Policy guidelines for the year 2009-10 target a growth of ____ % in Agri advances

a 22

b 27

c 32

d 40

13

Who approves the list of Below Poverty Line (BPL) households for SGSY finance?

a Gram Sarpanch

b Zilla Panchayat

c DC of the District

d Gram Sabha.

14

The 'annewari' declared is less than 6 annas means the yield is less than _____% of the average

yield in a normal year.

a 60%

b 50%

c 25%

d 40%

15

For production loan (KCC/ACC) upto Rs 50,000/- no due certificate is _______

a A mandatory requirement.

b Not required.

c A declaration from the prospective borrower

d None of the above.

16

The share of Agriculture in GDP of India during 2008-09 was

a 80 %

b 18%

c 20%

d 17%

17

The no. of SHGs operating in our country as on March 31 2009 is ___.

a 2.4 million

b 4.2 million

c 4.2 Billion

d 4.4 million

18

Additional subvention of 1% is available to the prompt paying farmers on the short-term production credit availed by them during the year for a maximum amount of Rs._____ lac.

a 1.00

b 2.00

c 3.00

d 4.00

19

In Agl segment a certificate from the borrower, certifying that the funds have been used for the purpose for which the advance is sanctioned, should be obtained with advances ________

a Rs.25 lac & above.

b Rs.50 lac & above

c Rs.75 lac & above

d Rs.100 lac & above

20

We can’t takeover Agricultural Advances from:

a Commercial Banks

b Agri Credit Societies

c Co Operatives

d Associate Banks.

21

The minimum amount eligible for take over of KCC limit is :

a Rs.0.50 lac.

b Rs.1.00 lac

c Rs.2.00 lac.

d Rs.3.00 lac.

22

The minimum amount eligible for take over of ATL – for Allied activities is

a Rs.1.00 lac

b Rs.2.00 lac

c Rs.5.00 lac

d Rs.10.00 lac.

23 The minimum amount eligible for take over of ATL – other than allied activities is :



a Rs.1.00 lac

b Rs.2.00 lac

c Rs.5.00 lac

d Rs.10.00 lac.

24

Which one of the following is not a take over norm .

a Take over from associate banks is not permitted

b The original repayment period is adhered to

c The account should be regular & standard in the books of other Banks at least for a period of

1 year.

d The account should be regular & standard in the books of other Banks at least for a period of

2 years

25

Whether ATLs of incomplete nature are eligible for take over ?

a Yes

b No

c Yes above Rs.10.00 lac

d Yes above Rs.2.00 lac.

26

ATLs with a minimum ______ years repayment Programme left are eligible for take over.

a 01

b 02

c 03

d 04

27

Advances which are outside the service area are also eligible provided :

a The advance amount should be above Rs.05.00 lac.

b The advance amount should be above Rs.10.00 lac

c The advance amount should be above Rs.15.00 lac


28

Which one of the following is a norm for taking over of ATL advances.

a Crop loans converted to Term Loans & Term Loans rephrased are eligible for take over.

b Only Crop loans converted to Term Loans are eligible for take over.

c Only Term Loans rephrased are eligible for take over.

d Crop loans converted to Term Loans & Term Loans rephrased are not eligible for take over.

29

While taking over of advances dilution in the security is permitted up to :

a 10 %

b 15 %

c 20 %


30

The max amount eligible for take over is

a Rs.100.00 lac

B Rs.50.00 lac

c Rs.50.00 lac & beyond Rs.50.00 lac AC from LHO is required.


31

While take over of advances above Rs.25.00 lac the min CRA required is

a SB 10

b SB 09

c SB 08

d SB 07

32

The SANJEEVANI scheme is for :

a Financing Herbal crops

b Financing poor farmers

c Finance for repairs & maintenance & addition of new implements to Tractors.

d Both ACC & ATL facilities are sanctioned.

33

The SANJEEVANI loan is classified as :

a Direct finance to Agriculture under Priority sector.

b In direct finance to Agriculture under Priority sector

c Direct finance to Agriculture under Priority sector irrespective of the amount of loan.

d Direct finance to Agriculture under Priority sector subject to other terms & conditions.

34

The quantum of loan under the SANJEEVANI scheme is :

a Min. Rs.1.00 lac & Max Rs.2.00 lac.

b Min. Rs.0.50 lac & Max Rs.1.00 lac.

c Min. Rs.0.50 lac & Max Rs.2.00 lac.

d Min. Rs.1.00 lac & Max Rs.1.50 lac.

35 The margin under SANJEEVANI scheme is :



a 20 %

b Up to Rs.50,000/- 10 % & above Rs.50,000/- 20%.

c Up to Rs.50,000/- NIL & above Rs.50,000/- 10%.

d Up to Rs.50,000/- 10 % & above Rs.50,000/- 15- 25 % of invoice price.

36

The security requirement under SANJEEVANI scheme is :

a Up to Rs.50,000/- Pri. Hypothecation of Tractor & Collateral NIL.

b Hypothecation of Tractor

c Above Rs. 50,000/- Pri. Hypothecation of Tractor & Collateral mortgage of land.

d Both a & c.

37

The min DSCR required under SANJEEVANI scheme is

a 2.00

b 2.25

c 1.50

d 1.75

38

The repayment period under SANJEEVANI scheme is

a 09 years

b Max 05 years

c Max 05 years or up to the repayment of the last installment of existing Tractor loan

d Max 05 years or up to the repayment of the last installment of existing Tractor loan which ever is earlier.

39

Tractors older than ______ years are not eligible for SANJEEVANI loan

a 09

b 08

c 07

d 06

40

Upfront fee under SANJEEVANI scheme is

a Rs.250/-

b Rs.500/-

c Rs.750/-

d NIL.

41

Interest subvention scheme is governed by:

a Nabard

b Rbi

c Corporate centre

d Govt of india

42

What type of crop loans are eligible for subvention ?

a All Crop loans .

b Only short duration Rabi & Khariff crops with a max limit of Rs.3.00 lac.

c All Crop loans with Rs.3.00 lac limits

d Only long duration Rabi & Khariff crops with a max limit of Rs.3.00 lac

43

Interest rate on eligible accounts should be reset at :

a Card rate minus subvention

b 9%

c 7%

d 7% till renewal.

44

The subvention is available for khariff crop from the date of disbursement/drawl up to :

a the date of payment or up to the date beyond which the outstanding loan becomes overdue i.e 31.03 of next year , which ever is later.

b the date of payment or up to the date beyond which the outstanding loan becomes overdue

i.e 31.03 of next year , which ever is earlier

c Due date


45

Banks are required to submit subvention claims to RBI on :

a Half yearly basis

b Quarterly basis

c Annual basis

d Half yearly basis as at 30th Sep & 31st March.

46

The Rabi crop claim up to 31st March includes claim up to:

a 31st March

b 31st May

c 30th June

d Up to date of repayment.

47 The subvention amount is

a 2%



b 3%

c Subject to annual review by the govt.

d 75

48

The interest rate to be charged on eligible crop loans after the cut off date is

a Bank’s normal rate of interest

b 9%

c 7%

d At SBAR

49

Whether Agricultural Gold Loans are eligible for subvention ?

a Yes

b No

c Yes , provided the loan amount is less than Rs.10.00 lac.

d No clear guidelines.

50

Whether Produce marketing Loans are eligible for subvention ?

a Yes

b No

c Yes , provided the loan amount is less than Rs.10.00 lac.

d No clear guidelines.

Answers

1. A 26 B

2. C 27 D

3. B 28 D

4. D 29 D

5. D 30 C

6. C 31 D

7. C 32 C

8. B 33 A

9. D 34 B

10. D 35 D

11. A 36 D

12. B 37 D

13. D 38 D

14. B 39 A

15. C 40 D

16. D 41 D

17. B 42 B

18. C 43 C

19. B 44 B

20. D 45 D

21. C 46 C

22. D 47 C

23. B 48 A

24. C 49 A

25. D 50 B

multiple choice questions on agriculture advances

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