Dear Candidate,
Purpose :To prepare for written exam of SBI JUNIOR ASSOCIATES (CLERK)/ SBI PO
Must spend one hour for this section.
Out of this one hour :
Spend 15 min : visit following very useful website,:
http://bankinterview.in/
on home page you will link for 600 important questions on banking/financial aspects. click that
Learn following :
1. Objective
The scheme aims at providing adequate and timely credit for the comprehensive credit
requirements of farmers under single window for their cultivation and other needs as indicated
below:
a. To meet the short term credit requirements for cultivation of crops
b. Post harvest expenses
c. Produce Marketing loan
d. Consumption requirements of farmer household
e. Working capital for maintenance of farm assets, activities allied to agriculture, like
dairy animals, inland fishery and also working capital required for floriculture,
horticulture etc.
f. Investment credit requirement for agriculture and allied activities like pump sets,
sprayers, dairy animals, floriculture, horticulture etc.
Note: The aggregate of components a. to e. above will form the short term credit limit
portion and the aggregate of components under f. will form the long terms credit limit
portion.
2. Area of operation
Through all rural and semi urban branches.
3. Eligibility
i. All Farmers- individual/Joint borrowers who are owner cultivators.
ii. Tenant Farmers, Oral lessees, Share Croppers..
iii. SHGs or Joint Liability Groups of Farmers including tenant farmers, share Croppers etc.
iv. Illiterate and blind persons intending to avail of this facility may be allowed after taking
proper safeguard against misuse and tampering.
v. Maximum Age limit at the entry point for an individual is 70 years. However, in case of
individuals 70 years of age, Kisan Credit Card may be issued with joint borrowers /co-
loanee having age of less than 70 years.
4. Purpose
It is intended that both term as well as short term/working capital credit facilities will
be provided through single Kisan Credit Card. The card will be issued for the
following purposes:
a) short term credit for cultivation of short duration crop including post harvest
expenses ,produce marketing loan, consumption requirement of farmer house hold.
b) working capital credit for activities allied to agriculture and also working capital
required for floriculture, horticulture ,plantation crops etc.
c) term credit (repayable beyond 12 months) for agriculture and allied activities
including production of long duration crops like
sugarcane,banana,pineapple,beetlevine and other fruit and plantation crops.
However, it is to be ensured that transaction records of different loan facilities are
kept distinct.
5. Fixation of Credit limit
The credit limit under the Kisan Credit Card may be fixed as under:
5.1. All farmers other than marginal farmers
5.1.1. The short term limit to be arrived for the first year: For farmers raising single
crop in a year: Scale of finance for the crop (as decided by District Level Technical
Committee) X Extent of area cultivated + 10% of limit towards post-harvest / household
/ consumption requirements + 20% of limit towards repairs and maintenance expenses
of farm assets + crop insurance, PAIS & asset insurance.
Purpose :To prepare for written exam of SBI JUNIOR ASSOCIATES (CLERK)/ SBI PO
Must spend one hour for this section.
Now there are more than 100 post on this subject in this link, you can view all previous posts also .
Out of this one hour :
Spend 15 min : visit following very useful website,:
http://bankinterview.in/
on home page you will link for 600 important questions on banking/financial aspects. click that
last year in all banking exam most questions came out of these questions only.
you must cram min 15 Questions out of these 600 QA today.
Spend 30 min :
read any current affair magazine
Spend 15 min:
NON-PERFORMING ASSETS (NPA)
An asset, including a leased asset, becomes non-performing when it ceases to generate income for the bank.
A non performing asset (NPA) is a loan or an advance where;
interest and/ or instalment of principal remain overdue for a period of more than 90 daysin respect of a term loan,
the account remains‘out of order’ as indicated at paragraph 4 below, in respect of an Overdraft/Cash Credit (OD/CC),
the bill remains overdue for a period of more than 90 days in the case of bills purchased and discounted,
the instalment of principal or interest there on remains overdue for two crop seasons for short duration crops,
the instalment of principal or interest there on remains overdue for one crop season for long duration crops,
the amount of liquidity facility remains outstanding for more than 90 days, in respect of a securitisation transaction undertaken in terms of guidelines on securitisation dated February 1, 2006.
in respect of derivative transactions, the overdue receivables representing positive mark-to-market value of a derivative contract, if these remain unpaid for a period of 90 days from the specified due date for payment.
Banks should, classify an account as NPA only if the interest due and charged during any quarter is not serviced fully within 90 days from the end of the quarter.
‘Out of Order’ status
An account should be treated as 'out of order' if the outstanding balance remains continuously in excess of the sanctioned limit/drawing power. In cases where the outstanding balance in the principal operating account is less than the sanctioned limit/drawing power, but there are no credits continuously for 90 days as on the date of Balance Sheet or credits are not enough to cover the interest debited during the same period, these accounts should be treated as 'out of order'.
‘Overdue’
Any amount due to the bank under any credit facility is ‘overdue’ if it is not paid on the due date fixed by the bank.
KISAN CREDIT CARD
1. Objective
The scheme aims at providing adequate and timely credit for the comprehensive credit
requirements of farmers under single window for their cultivation and other needs as indicated
below:
a. To meet the short term credit requirements for cultivation of crops
b. Post harvest expenses
c. Produce Marketing loan
d. Consumption requirements of farmer household
e. Working capital for maintenance of farm assets, activities allied to agriculture, like
dairy animals, inland fishery and also working capital required for floriculture,
horticulture etc.
f. Investment credit requirement for agriculture and allied activities like pump sets,
sprayers, dairy animals, floriculture, horticulture etc.
Note: The aggregate of components a. to e. above will form the short term credit limit
portion and the aggregate of components under f. will form the long terms credit limit
portion.
2. Area of operation
Through all rural and semi urban branches.
3. Eligibility
i. All Farmers- individual/Joint borrowers who are owner cultivators.
ii. Tenant Farmers, Oral lessees, Share Croppers..
iii. SHGs or Joint Liability Groups of Farmers including tenant farmers, share Croppers etc.
iv. Illiterate and blind persons intending to avail of this facility may be allowed after taking
proper safeguard against misuse and tampering.
v. Maximum Age limit at the entry point for an individual is 70 years. However, in case of
individuals 70 years of age, Kisan Credit Card may be issued with joint borrowers /co-
loanee having age of less than 70 years.
4. Purpose
It is intended that both term as well as short term/working capital credit facilities will
be provided through single Kisan Credit Card. The card will be issued for the
following purposes:
a) short term credit for cultivation of short duration crop including post harvest
expenses ,produce marketing loan, consumption requirement of farmer house hold.
b) working capital credit for activities allied to agriculture and also working capital
required for floriculture, horticulture ,plantation crops etc.
c) term credit (repayable beyond 12 months) for agriculture and allied activities
including production of long duration crops like
sugarcane,banana,pineapple,beetlevine and other fruit and plantation crops.
However, it is to be ensured that transaction records of different loan facilities are
kept distinct.
5. Fixation of Credit limit
The credit limit under the Kisan Credit Card may be fixed as under:
5.1. All farmers other than marginal farmers
5.1.1. The short term limit to be arrived for the first year: For farmers raising single
crop in a year: Scale of finance for the crop (as decided by District Level Technical
Committee) X Extent of area cultivated + 10% of limit towards post-harvest / household
/ consumption requirements + 20% of limit towards repairs and maintenance expenses
of farm assets + crop insurance, PAIS & asset insurance.
For written exam/ interview guidance , you may contact:
ANIL AGGARWAL SIR( P.O. 1982 BATCH)
EX CHIEF MANGER ,PUNJAB NATIONAL BANK.
Mobile: +91 9811340788
E-mail ID: anilakshita@yahoo.co.in
Office: Flat #49, Trilok Apartments, Patparganj, I.P. Extension, Delhi-110092.
Follow us at:
Facebook Page: https://www.facebook.com/AnilAggarwalJobguidancehub
Website: http://bankinterview.in/
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