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Test Your Debt Knowledge

1. When do interest payments start being calculated?
AWhen the loan is signed
BWhen principal repayments begin
CWhen the first commitment fee is paid
DWhen disbursements begin
 
 
2. In CS-DRMS, if a bill amount is entered, arrears will be computed as ...
ABill Amount minus Actual Payment
BForecast Amount minus Bill Amount
CActual Payment minus Forecast Amount
DNone of the listed
 
 
3. A debt Relief Instrument does not require the following ..
AOriginal Loan Amount
BActual Transactions
CPrincipal and Interest Forecasting Rules
DDisbursement Rules
 
 
4. Higher discount rate makes the loan.
AMore concessional
BLess concessional
CNo effect on the loan
DShorter maturity profile
 
 
5. Appreciating a local currency against foreign currency means ...
AHigher debt service figures in local currency terms
BLower debt service figures in local currency terms
CNo change in debt service figures in local currency terms
 
 

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