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Questions and Answers
Total indebtedness of a Bazaar customer is
Total indebtedness of a Bazaar customer is
- Equal to total of Borrower+Co-Borrower outstanding
- Equal to indebtedness of the borrower (correct)
- Indebtedness Limit is not applicable for Bazaar
- Equal to indebtedness of the Co-borrower
What is the full form of MEL in Arohan context?
What is the full form of MEL in Arohan context?
- Medium Enterprise Loan
- Mini Enterprise Loan
- Micro Enterprise Loan (correct)
- Marginal Enterprise Lending
UPI Autopay can be registered for
UPI Autopay can be registered for
- Not applicable for Bazaar
- Only new disbursements
- Only existing customers
- All the existing customers as well as new disbursements (correct)
As per the principle of FOIR, whose monthly/annual income is taken into account?
As per the principle of FOIR, whose monthly/annual income is taken into account?
What is the total number of questions in the BCSR - September 2023 exam?
What is the total number of questions in the BCSR - September 2023 exam?
Which of the following options correctly represents the total indebtedness of a Bazaar customer?
Which of the following options correctly represents the total indebtedness of a Bazaar customer?
What is the full form of MEL in Arohan context?
What is the full form of MEL in Arohan context?
Who can register for UPI Autopay?
Who can register for UPI Autopay?
According to the principle of FOIR, whose monthly/annual income is taken into account?
According to the principle of FOIR, whose monthly/annual income is taken into account?
What is the total number of questions in the BCSR - September 2023 exam?
What is the total number of questions in the BCSR - September 2023 exam?
Which one of the following options correctly describes the total indebtedness of a Bazaar customer?
Which one of the following options correctly describes the total indebtedness of a Bazaar customer?
What does MEL stand for in the Arohan context?
What does MEL stand for in the Arohan context?
Who can register for UPI Autopay?
Who can register for UPI Autopay?
According to the principle of FOIR, whose monthly/annual income is taken into account?
According to the principle of FOIR, whose monthly/annual income is taken into account?
What is the total number of questions in the BCSR - September 2023 exam?
What is the total number of questions in the BCSR - September 2023 exam?
Study Notes
Total Indebtedness and Bazaar Customers
- Total indebtedness of a Bazaar customer includes all outstanding loans and financial obligations.
- Correct representation of total indebtedness can vary based on financial assessment criteria set by lending institutions.
Arohan Context
- MEL stands for "Micro Enterprise Loan" in the context of Arohan.
- Arohan provides loans targeted at micro-enterprises to support small business growth.
UPI Autopay Registration
- UPI Autopay can be registered by individuals having a UPI-enabled bank account.
- It allows automatic repeated payments without manual intervention, facilitating convenience for users.
FOIR Principle
- FOIR (Fixed Obligation to Income Ratio) takes into account the borrower's monthly or annual income when assessing loan eligibility.
- It helps lenders evaluate a borrower's repayment capacity based on fixed financial commitments.
BCSR - September 2023 Exam
- The BCSR (Banking Certification Standardized Examination) conducted in September 2023 consists of a specified total number of questions.
- The exact number of questions must be checked from exam syllabi or announcements for accurate figures.
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Description
Test your knowledge on BCSR (Bazaar Customer Total Indebtedness) and MEL (Full Form) in this quiz. Answer questions about the total indebtedness of a Bazaar customer and the full form of MEL. Challenge yourself with 30 questions and see how much you know.
