Excluded assets limits for guarantors restrict certain personal ornaments and single dwelling units from insolvency proceedings. Rule 5 limits excluded assets under sub section (14) of section 79 by capping the value of unencumbered personal ornaments and by setting monetary ceilings for an unencumbered single dwelling unit owned by the debtor, with distinct valuation limits for urban and rural dwellings. The rule further defines 'rural area' by reference to the National Rural Employment Guarantee Act and treats any other area as 'urban' to determine which ceiling applies.