N. S. Toor Solutions for Chapter: Loan Policy and Loan Documentation, Exercise 3: TEST YOUR SELF

Author:N. S. Toor

N. S. Toor General Knowledge/General Awareness Solutions for Exercise - N. S. Toor Solutions for Chapter: Loan Policy and Loan Documentation, Exercise 3: TEST YOUR SELF

Attempt the practice questions on Chapter 2: Loan Policy and Loan Documentation, Exercise 3: TEST YOUR SELF with hints and solutions to strengthen your understanding. Hand Book Of Banking Information solutions are prepared by Experienced Embibe Experts.

Questions from N. S. Toor Solutions for Chapter: Loan Policy and Loan Documentation, Exercise 3: TEST YOUR SELF with Hints & Solutions

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 2 - Loan Policy and Loan Documentation>TEST YOUR SELF>Q 1

It is mandatory to formulate consortium if one of the following conditions is fulfilled :

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 2 - Loan Policy and Loan Documentation>TEST YOUR SELF>Q 2

The number of banks which can participate in consortium advance is :

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 2 - Loan Policy and Loan Documentation>TEST YOUR SELF>Q 3

A company is sanctioned certain working capital limits by 3 banks under a formal consortium arrangement. In such cases, the ratio of charge over the securities, will be as per the :

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 2 - Loan Policy and Loan Documentation>TEST YOUR SELF>Q 4

In case of consortium or multiple lending borrowers, the banks are to obtain regular ceritfication by a profesional, preferably a _____ regarding compliance of various statutory prescriptions that are in vogue.