CAIIB · RB

CONCEPTS OF PROJECT, ASPECTS OF PROJECT FORMULATION & APPRAISAL & MODEL BANKABLE PROJECTS

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Rural Banking (Elective) — CAIIB.

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Q

What is a 'project' in the context of rural development financing?

A

A project is a planned set of interrelated activities designed to achieve specific objectives within a defined time frame, budget, and resource allocation, aimed at creating productive assets or generating income.

Q

What is the primary objective of project appraisal in rural banking?

A

To assess viability and repayment capacity of the project.

Q

What are the key phases of a project life cycle in rural banking?

A

The key phases are identification, formulation/preparation, appraisal, approval/sanction, implementation, and post-completion evaluation (ex-post evaluation).

Q

What is the payback period in project appraisal?

A

Time required to recover the initial investment from net cash inflows.

Q

What is project formulation in the context of rural lending?

A

Project formulation is the process of translating a project concept into a detailed plan, covering technical, financial, economic, social, and managerial aspects to determine feasibility before seeking finance.

Q

What is capital budgeting in the context of rural project appraisal?

A

Process of planning long-term investments in rural projects.

Q

What does project appraisal mean in rural banking?

A

Project appraisal is the systematic assessment of a proposed project by the bank to determine its technical soundness, financial viability, economic justification, and managerial capability before sanctioning credit.

Q

What is the term loan component in a rural project cost structure?

A

Long-term bank loan for fixed assets and capital expenditure.

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