Ka-Negosyo – EXAM ANSWERS 18.

Application used for processing renovation for residential

property should be processed by housing loans. TRUE
I. TRUE OR FALSE 19. All Ka-Negosyo loans are subject to processing fees. TRUE
20. Depreciation is a series of equal monthly payments. FALSE
1. Annual fees, documentary stamp tax, and processing fees are 21. Term Loan is a pool of money available for drawings. FALSE
collected annually for term loans. FALSE 22. Interest rate varies according to the collateral offered by the
2. Liquid assets and time deposit are acceptable collaterals in client. TRUE
Ka-Negosyo Business Loans. TRUE 23. Activity fee of Php 500 will be collected for checks issued
3. ATM option is available for Revolving Promissory Notes. below 50k. TRUE
FALSE 24. Term loan and credit line may be given to client as long as
4. Ka-Negosyo Credit Line can be granted for a period of less loan to collateral ratio is within acceptable ratio. TRUE
than 1 year. FALSE 25. Depreciation is a regular installment over a period of time.
5. Ka-Negosyo Credit Line may be offered for acquisition for FALSE
commercial equipment. TRUE
6. Interest collection for Ka-Negosyo Credit Line are collected II. MULTIPLE CHOICE
every 5th of the month. TRUE
7. Principal payments are allowed for Ka-Negosyo Credit Line. 1. Franchise is a privilege to use trademark, material, logo, and
TRUE services. Which is not an accredited franchise?
8. Zero Collateral offers 60-40 loanable amount to bankers. a. McDonald’s
FALSE b. Jollibee
9. Zero Collaterals are available in all BPI depositors with 2 years c. Panadero
deposit. TRUE d. Mang Inasal
10. Maximum for Ka-Negosyo term loan is 12 years. FALSE
11. Regular loans are offered instead for franchisor that are not 2. Which is not the Ka-Negosyo Credit Line former name?
included in the best list or accredited franchise partner of the a. Easy Access
bank. TRUE b. Property Equity
12. Ka-Negosyo Credit Line can be involved in BPI Express Online c. Instant Business Check
without the ATM facility. FALSE d. Live your Dream
13. An applicant who is 60 years old may be granted a term loan 3. Issuance of check below 50K incur charges of _____.
of 5 years. TRUE a. Php 200.00
14. Ka-Negosyo Credit Line may be availed without the ATM. b. Php 300.00
TRUE c. Php 400.00
15. Term Loan interest rate are repricable quarterly. FALSE d. Php 500.00
16. Ka-Negosyo Loan amortization and interest payments are 4. Acceptable collateral for Ka-Negosyo Business Loan:
collected via Automatic Debit Arrangement (ADA). TRUE a. House and Lot
17. Ka-Negosyo Business Loans are offered to entrepreneurs. b. Time and Savings Deposit
TRUE c. Some investment
d. All of the above

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5. Minimum loanable amount for Ka-Negosyo loan is ______. 12. Which of the following entities is not a SME?
a. Php 500,000.00 a. A non-publicly accountable entity with total asset of
b. No other choices were given PHP 3M-350M
c. No other choices were given b. A non-publicly accountable entity with total asset of
d. No other choices were given PHP 3M-250M
6. For the approval of Php 500,000 zero collateral Ka-Negosyo c. An entity that is not a holder of a secondary license
Loan, how much ADB is required? issued by regulatory agency
a. Php 350,000.00 d. A public utility
b. No other choices were given 13. All the following entities is probably accountable
c. No other choices were given a. Entity that is not in the process of issuing shares or
d. No other choices were given debt instruments, or trading in the public market
7. Below are the products of Ka-Negosyo Business Loan: b. No other choices were given
a. KCL, PCL, and RPN c. No other choices were given
b. The Zero and Lite Franchise Loan d. No other choices were given
c. Only KCL and PNL
d. A and B are applicable
8. Ka-Negosyo products suited to clients with more than Php
200,000 to 5M deposit or investment in collateral:
a. KCL
b. PCL
c. PNL
d. All of the above
9. Series of monthly payments of principal and interest
a. Amortization
b. No other choices were given
c. No other choices were given
d. No other choices were given
10. Acceptable loan to collateral ratio for Ka-Negosyo Products:
a. 60 and 90
b. No other choices were given
c. No other choices were given
d. No other choices were given
11. Which can be considered a SME?
a. Credit Union with total asset of Php 3B
b. Broker with total revenues of Php 3B
c. Bank with total asset of Php 350M
d. None of the above

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