Professional Documents
Culture Documents
SL SUBJECT QUESTION
1 AG Mixed farming: Doing crop production and allied activity
Interest subvention for prompt repaying farmers: 3% (crop loan/ware house
2 AG receipts)
Loans to Corporate for agricultural finance, upto what amount priority : Ag
3 AG upto Rs.2 crores
4 AG KCC while fixing limit under Rupay card incremental percentage: 10% p.a.
Overdraft to Agriculturist against Gold jewellary - eligibility.... Agriculturists
5 AG owning land
6 AG RIDF is Managed by : NABARD.
Purchase of Heavy Commercial Vehicle under ALLHV scheme One of the
7 AG conditions is availability of : 15 acres of irrigated perennial land.
In case of advances to Agri clinic & Agri business centers , the maximum
21 AG _____ % of refinance can be granted from NABARD.Ans: 100%
For agri loans upto Rs ___________ , No margin is to be stipulated.Ans:
22 AG Rs.1.00 lakh
23 AG Target for agriculture sector in priority sector is ____ % ANBC. Ans: 18%
What is the maximum amount of Gold Loan given under Agriculture: Ans:
24 AG Rs.5.00 lakhs
What is the limit of land in case of Marginal Farmers: Ans: 2.5 acres dry land
25 AG or 1 acre wet land
What is the maximum quantum of Loan that can be considered for purchase
26 AG of Agricultural Land. Ans: Rs.10.00 lakhs
27 AG What is target for Agriculture out of ANBC. Ans: 18% of ANBC
What is the insurance scheme for financial loss caused to crops due to
28 AG adverse weather conditions: Ans: Weather Based Crop Insurance Scheme
The limit of loans to farmers against Pledge/Hypothecation of Agricultural
Produce (including warehouse receipts) and the period: Ans. Rs.50.00 lakhs
29 AG and 12 months
While sanctioning Gold Loan for other than Agriculture purpose, what is the
maximum percentage of Gold Value is sanctioned as loan: Ans: 75% of
30 AG appraised value
31 AG RIDF is maintaining by: Ans: NABARD
What is mixed farming: Cultivation of Crops and Allied Activities(cattle) in the
32 AG same farm
After extending interest subvension, and interest incentive, the net rate of
33 AG interest charged to farmers on crop loans upto Rs.3 lakhs: 4%
The repayment terms for farmers are basing: net annual income/gross
34 AG annual income: Gross Annual Income
Organic Farming means: Growing crops by using manure ie animal and plant
35 AG waste material. Also by using Biological pesticides.
Kisa C edit Ca d he e Collate al se u it i ase of Tie up: o e tha
36 AG Rs.3 lakhs
37 AG Objectives of Agri Clinic are: To support Farming Community
The limit of loans to farmers against Agricultural Produce (including
38 AG WAREHOUSE RECEPITS) for a period not exceeding : 12 months
For KCC with Rupay Card Facility, Processing Charges are waived upto Rs.: Rs.
39 AG 3.00 Lacs
40 AG RKBY is applicable for: Crop Insurance
41 AG FCNR deposit can be made in : FDR/KDR
What is Cropping intensity: Cultivating more crops in a year (due to improving
42 AG minor irrigation facilities)
43 AG Rabi Crop season, range of months..... October To March
Criteria for identification of Business Facilitators : Presence in the local area &
44 AG knowledge of the area
45 AG Rural Godown........Margin Money 25%
47 AG What is organic farming? Ans: Using organic manure and organic pesticides
48 AG What is Rabi season? Ans: Oct to March
Dai E t ep e eu ship De elop e t What is the a i u a ou t of
49 AG finance for 10 animals: Ans: Rs.50 lakhs
Normally loan repayment for farmer is fixed based on : a) Net Income of the
farmer b) Gross receipts to the farmer c)Total acres cultivated by farmer d)
57 AG Income from Allied Activities e) Total income from all sources Ans: E
In Sugar cane loans, wherever tie up arrangement with Sugarmills, loan upto
Rs._______ can be given without insisting mortgage under
58 AG KCCS/Investment/Development Loans: Ans: 3.00 lakhs
59 AG e u it o s fo Ag i ultu e loa s upto o e lakh : il
60 AG Apiculture : Bee keeping
61 AG Kisan OD minimum and maximum amount: Rs.1 lac and Rs.12.50 lac
66 AG What is the minimum Loan amount under Canara Kisan OD: above Rs.1 lakh
67 AG Alternative Bearing of Fruit applicable in case of : MANGO
89 AG Financing for Cow ( Cow Life is 10 lactations) Finance upto 2-3 lactations
In Agriculture, limit sanction is 4 lakh against EMT land . Mortgage is require
for :100% (land development related, land value post development should be
90 AG double the loan amount)
In Agri. Interest subvention, reporting to RBI for claiming interest subvention
91 AG : half yearly
92 AG Loan for broiler , Min birds : 200 (200,400, 1200)
What is the gestation period for poultry loans? Answer: Repayment for
Broiler Chicks: 90 to 105 days and for Layers in 18 months in monthly
installments with 6 months repayment holiday. Composite loans for Poultry
shed , equipment etc. Repayment in 7 to 9 years with repayment holiday of
93 AG 12 to 18 months.
94 AG Apiculture means : Ans: Bee Keeping
95 AG Under Kisan Suvidha, margin for Second Hand Tractor: Now it is 40%.
96 AG Time norm for sanction of KCC loan branch sanctions : Ans 15 days
97 AG Kisa OD eligi ilit Custo e s atisfa to e o d of : ea
111 AG KCC cannot be used for raising loan for: Purchase of Gold Coin from a Bank
Agriculture Interest subvention of 2% + 3% upto Rs 3 lac: 3% Interest rate
concession should for prompt repayment with effective rate of interest of
112 AG 4%.
113 AG What is organic farming? Using organic manure and organic pesticides.
If a short duration crop loan is not repaid within ____ crop seasons it will be
114 AG treated as NPA: Two
What is meant by Organic Farming: Ans: Using manure of green leaves,
115 AG biological manure, biological pesticides.
Normally loan repayment for farmer is fixed based on : a) Net Income of the
farmer b) Gross receipts to the farmer c)Total acres cultivated by farmer d)
116 AG Income from Allied Activities e) Total income from all sources Ans: e.
123 AG For Agri business centre, outer project cost limit for individual is: Rs.20 lacs
Sprinkler Irrigation system will be installed for what types of crops: Dense
124 AG Crops.
What is the Ba k s Co t i utio of P e iu i ase of Pe so al A ide t
I su a e he e fo KCC holde s: s. /- Ba k De it s. /- to pa t s
125 AG account).
What is the cut-off date for RKBY during Khariff Season in case of Loanee
126 AG Farmers: November.
In Kisan Credit Card Scheme, what is the maximum ceiling of sub limit for
consumption credit: 10% of Crop Component + WC for Allied activities with
127 AG maximum of Rs.15,000/-.
Under Rain Water Harvesting scheme for SC/ST farmers, the subsidy
128 AG component is ___________. 50%.
For Kisan Credit Card (KCC) there should be no processing fee up to a card
129 AG limit of ______: Rs.3 lakh.
130 AG Agriculture loans can be sanctioned without mortgage upto: Rs.1 lacs.
Minimum Support Price (MSP) is fixed by: Ans :The Agricultural Prices
131 AG Commission.
ho t Du atio a d lo g du atio op ho fi es: A s :Ag i Deptt of the
132 AG concerned State Govt.
133 AG One Tube well gap with other ____ meters: 250; 300; 100; 210. (Ans 180)
CBOA HYDERABAD.
1 BS NET WORKING CAPITAL means : Ans: CA - CL
Current Asset: 32, NWC:8 , CR? Answer: 1.33 (CL = 32-8 = 24. Therefore CR =
2 BS
32 24 = 1.33)
Working capital assessment for seasonal industries is done as per: Cash
3 BS
Budget method.
Current assets Rs.5.50 lakh; Current liability Rs.5.25 lakh; Bank borrowings
4 BS
Rs.3.50 lakh - MPBF as per second method is Rs.2.38 lakh
Capacity utilization break even for 2nd year is at 55% and 50% for 3rd year
5 BS and actual production level is at 52% and 50% respectively : The unit is
incurring loss in 2nd year and profit in 3rd year.
What is the terminology for adjustment of book value of assets? :
6 BS
Depreciation
Current Assets:100 lacs. Current Liabilities:50 lacs. Quick Ratio: 1.5:1. What is
7 BS
the value of Stocks: Ans: 25 lacs.
What is the effect of non maintenance of DER? To contain the equity funding
risk, which is high in case promoters agree, ab initio, that they will bring in
equity funds proportionately as the banks finance the debt portion, RBI has
90 BS
advised to ensure that the infusion of equity/ fund by promoters shall be such
that the stipulated Debt Equity Ratio (DER) is maintained at all times and shall
adopt suitable funding sequences to obviate the possibility of equity funding
by the banks.
91 BS Provisions on Standard Assets are shown under which head in the balance
sheet of the Bank. Ans: Current Liabilities and Provisions on Liabilities side.
Liability of the Bank in case of Guarantees issued to the customers is Ans:
92 BS
Contingent Liability
93 BS
Calculation of DSCR. : NPAT+Depreciation+Int.on TL / Int.on TL + Inst.on TL
94 BS
The Meaning of Debtor Velocity Ratio: Ans: Cycle of Collection Period
In project finance DER requirement for other than Infrastructure finance is :
95 BS
Ans: 2:1
Which working capital method is best suited for Seasonal Industries: Ans: Cash
96 BS
Budget Method
97 BS Benchmark Current Ratio under turn over method is : Ans: 1.25
The ideally accepted DSCR for other than infrastructure is: a) 1.75 b)2 c) 2.5 d)
98 BS
3 e) 1.50 Ans: e
If the DER of a company increases, what does it signify: Ans: Term Loan
99 BS
increased / Incurred Losses so that NW is reduced.
Excess of current liability over current assets means the firm may face
100 BS
difficulties in meeting its financial obligations in short term.
The disadvantages of a Balance Sheet are that : a) the quality of the assets
101 BS
cannot be seen, only the quantity b) the figures on a particular day are only
a aila le the age of the assets a e ot k o .. A s: All
On the basis of Turnover Method WC margin: 20% of working capital or 5% of
102 BS
turnover.
103 BS Ta gi le et o th : Capital+ ese e I te gi le
In a business a person brought capital of 3 lakh after sometime he has drawn
104 BS 25000/- and for a period a profit was 120000/- from business. what is his
captial at now .: 395000
105 BS BEP : no loss no profit
106 BS Goodwill is classified: Intangible asset
IRR and NPV concepts are used in __________________ Answer: Capital
107 BS
project appraisal
For Turnover of 4 crores, with margin of 20 lakhs, what is stock value to avail
108 BS
full limit? Rs.1 crore
DSCR formula : PAT + Depreciation + Int.on TL divided by Interest on TL +
109 BS
Instalment on TL.
What is the prescribed Current Ratio norm for MPBF and Cash Budget
110 BS
method? Ans:1.33
In term loan fixed asset coverage ratio is what ? 1.33 normally. Can be
111 BS
reduced to 1.2 (for agriculture and infrastructure)
Debt Equity Ratio in case of normal takeover a/c how much min. & max. ? 2:1
112 BS
can be relaxed to other than SME 3:1 for MSME 4:1
113 BS Banks undertake BEP analysis to assess what: Margin for safety
Holding period calculation how determined : Sales, Net Sales, Gross sales,
114 BS
Credit Sales, Production: Credit Sales
115 BS Net working capital means: Current assets minus current liabilities.
116 BS For assessing Fund Based Working Capital of Manufacturing unit, upto
_______ Turnover method ( Nayak committee) is followed: Rs. 5 crore.
Which of the following is Intangible Assets (a) Stock (b) Book debt more than 6
117 BS
month old (c) Goodwill: Ans: Goodwill.
A Firm is having Current Liabilities as Rs. 36, Net Working Capital: Rs.12. What
118 BS
is Current Ratio: Ans: 1.33.
119 BS Net Profit After Tax is Rs. 110, Tax is Rs. Rs. 40, Depreciation is Rs. 50, Interest
on Term Loan is Rs. 40 and Instalment on TL is Rs. 85, what is DSCR: Ans: 1.6.
120 BS Out of the following, which is not source of current liability: a) Bill discounted
c) Supplies made by creditors c) Advance made to suppliers Ans: c.
121 BS Net working capital = Current Assets minus Current Liabilities.
Under Break Even Point analysis, what is Contribution: Sales Realization minus
122 BS
Variable Expenses
Current Ratio is = 2:1. Quick Ratio is = 1.5:1. If CA is Rs.100 lacs, then value of
123 BS
Inventory is: Rs. 25 lacs.
124 BS Sales above Breakeven point is: Margin of Safety.
Current Assets:100 lacs. Current Liabilities: 50 lacs. Quick Ratio: 1.5:1. What is
125 BS
the value of Stocks: 25 lacs.
126 BS Cash accruals means: Net profit plus depreciation.
Current Ratio is 3:1 and Quick Ratio is 1:1. If Current Asset is 30, what is the
127 BS
amount of Inventory. Ans: 20
While preparing balance sheet of a firm, closing value of stocks is inflated.
128 BS
What will be the effect: Gross Profit will increase.
Ta gi le Net Wo th TNW is al ulated as: Total paid up apital + ese es
129 BS
Intangible Assets.
Internal Rate of Return is arrived at a point where future cash flows on Net
130 BS
Present Value basis should be: Zero.
Calculate DSCR. PAT Rs.45, Depreciation Rs.15, Interest on TL Rs. 25,
131 BS
Instalment of Term loan Rs. 15: 85/40= 2.125.
Pre-paid expenses in the shape of insurance premium are classified in the
132 BS
balance sheet as ________.Current asset.
The Net Worth of a firm does not include: a) Paid up capital. b) Free Reserve.
133 BS c) Share Premium. d) Equity received from Foreign Investor e) Revaluation
reserves: Ans: (e)
If Current Assets is Rs. 60, Net Working Capital Rs.10 what is the Current Ratio:
134 BS
1.2:1
To repay term loan installment and interest, what is the ratio to be seen :
135 BS
DSCR.
In case of restructuring of advances more than Rs. 10 lacs, minimum DSCR
136 BS
should be: 1.25.
137 BS A firm transfers 75% of the Net Profit to reserve. What does it indicate
______: Substantial portion of the profit is retained in the business.
138 BS To improve Current Ratio of 2:1, what has to be done?: a) Recover cash from
Receivables b) Cash sales c) Decrease the Bills payables Ans: C
139 BS Banks undertake BEP analysis to assess what: Margin for Safety
140 BS Net working capital means: Current assets minus current liabilities.
Current Ratio is = 2:1. Quick Ratio is = 1.5:1. If CA is Rs.100 lacs, then value of
141 BS
Inventory is: Rs. 25 lacs.
142 BS
What is Net Interest Income (NII): Interest earned minus Interest expended.
143 BS At Break even point ________ cost is fully recovered : Ans :Total
For assessing Fund Based Working Capital limit upto _______, Turnover
144 BS method is followed under Nayak committee: Ans :Rs. 5 crore (Manufacturing
Activity)
Which of the following is Intangible Assets: a) Stock; b) Book debt more than 6
145 BS
month old; c) Goodwill: Ans :Goodwill.
146 BS Bills Receivable is also known as: Ans :Sundry Debtor
Holding period calculation - how determined : Sales, Net Sales, Gross sales,
147 BS
Credit Sales, Production: Ans : Credit Sales.
CBOA HYDERABAD.
Single bulk deposit rate of interest to be taken through MIPD,
1 DEP
amount 1 cr. and above
2 DEP ASBA Advantages...... Demat a/c can be in any bank
3 DEP CASA Deposits relates to: Demand Deposits.
58 DEP Illiterates are not eligible to open the account - CA / SB / FDR / all
the above/ None of the above Ans: None of the above.
Periodicity for updating Low risk rating Customer id is : Ans: once in
59 DEP
10 years
Politically exposed persons comes under which Risk Category: Ans:
60 DEP
High Risk
As per KYC Guidelines, Records of transactions to be maintained for
at least ten years from the dateof transaction, instead of
61 DEP _________from the date of cessation of transactions, and records
pertaining to identification of the customer and his address to be
preserved for at least ten years after the business relationship is
ended. ( Cir 328/2009) Ans: ten years
In our Bank, SB interest is credited half yearly as on: (Cir 130/2011)
62 DEP
Ans: 1st February, 1st August.
63 DEP
Cantax saver who are eligible for preferential interest: Nobody
98 DEP FDs and KDs are to be automatically renewed on the due dates for a
_____________ as per original application. Answer: similar period
Who can give Nomination for minor account? Answer: Lawfully
99 DEP
appointed guardian.
Cash Withdrawal is permitted to the account holders (including
NRO/NRE) / third parties at all CBS Branches. As per the same,
uncrossed cheques drawn favouring payee upto a limit of
100 DEP
______________ per occasion can be permitted. No loose leaf
facility to be permitted. (Cir. 254/2009 & 432/2009) Answer:
Rs.50000/-.
A person wants to open a joint account with his wife in such a way
that the account can be operated by him only during his lifetime and
101 DEP
she should be able to operate the account only after his death :
Former or Survivor or No.1 or survivor
An NRI can open a joint account with a resident in case of -----
accounts : Non-Resident Ordinary Account.(Now NRE also can be
102 DEP
opened jointly with resident close relative with condition of
repayment Former/survivor or No.1 or survivor)
103 DEP
Interest rate in Savings Bank is fixed by : RBI (now - deregulated)
104 DEP Minimum amount for Can Tax Saver Scheme is : Rs.100/-
105 DEP What is the period of KDR : 5Months -120 Months
106 DEP
Minimum balance in Current account in Rural area is : Rs.1000
117 DEP Financial inclusion is meant for what ? Providing Banking facility to
the disadvantaged group of people at affordable price.
What is the penalty for making cash payment of Term Deposit
118 DEP exceeding Rs.20,000/- ? Ans: Fine up to Equal Amount of cash
payment
While making payment to professionals what is the cutoff limit for
119 DEP
deducting TDS :Rs. 30000/-
What is the penalty for non submission of form 60/61 to Income tax
authorities & when it should be submitted? Form 60/61 is to be
submitted to IT authorities of the concerned region, once in 6
months ie upto March in April and upto September in October.
120 DEP
Form 60/61 to be obtained in duplicate. (Cir no.104/2007,
156/2008). It is not necessary to submit form 60/61 obtained for
opening SB/CA. As per Section 272 b of IT Act 1961, failure to
comply with provisions of submission of form 60/61 shall attract
penalty of a sum of Rs.10,000/- (cir 156/08)
A & B have open FD with bank and nominate son C &D. After some
132 DEP time they come and request to Branch manager to Change with
name of C & D in place of A & B : Ans:Manager can'nt consider the
request. Atleast 1 original name should exist.
Cantax Saver which is not correct : Min 1000/- ( Ans : Min 100/-
133 DEP
dep.)
A lady deposited Rs.25000/- and obtained loan of Rs.10000/- on the
134 DEP deposit. She wants to add the name of her son in FDR.: cannot add
before the repayment of loan.
Joint A/C of ABC , C dies operation either or anyone: payment only A
135 DEP
&B
136 DEP RD can be opened max. Period: 120 months
A blind minor aged 15 years can open which of the following
137 DEP accounts? (a) Fixed deposit, (b) RD, (c) SB without cheque book : (d)
All the three. Answer: All the three.
Depositor dies and the nominee has which of the following
option/s? (a) to close the deposit (b) substitute his name in the
138 DEP
deposit (c) To give a valid discharge for the deposit (d) Raise a loan
(e) All the above. Answer: All the above.
148 DEP Canchamp - withdrawl of amount: Only using as margin for EL. If
party withdraws amount, he is not eligible for EL under the scheme.
What is the minimum balance for SB in Urban Areas without cheque
149 DEP
book : Rs.1000/- (with or without cheque book)
Cantax saver deposit in joint names. What is the repayment clause?
150 DEP
Ans:Either or Survivor /Former or Survivor or Both.
By oversight, a bank has paid FD with maturity value of more than
Rs.20,000/-. What is the penalty to banker under IT act ie payment
151 DEP
of penalty or imprisonment? Ans: payment of penalty only ie equal
to payment amount.
A Trust is having 3 lakhs deposit. Trust Deed is silent about raising
152 DEP loans. Trustees want loan of Rs.2 lakhs on this deposit. Will you
grant? NO
Withdrawl form of Rs.15,000/- in Small/medium branch. Who has to
153 DEP
pass the cheque? Ans: Branch Manager
Under Canchamp, what is the minimum initial deposit amount and
154 DEP what is penalty for non maintenance of minimum? Ans: Rs.100/-
and no penalty
In pensioner's SB a/c if joint, what is the operation conditions ?
155 DEP
Former or survivor
In SB joint a/c whether 2 nominations as permitted ? No. Single
156 DEP
nominee only.
157 DEP Cantax Saver Scheme whether loan can be given or not ? NO
I Ca Cha p i ase of u a & et o a ea the a ou t of deposit
158 DEP
? Rs.1000/- per 6 months, minimum 2 credits.
What is the exchange rate applicable for export proceeds that are
22 FX credited to NOSTRO account for USD 37500: Ans: TT Buying Rate
In an Exchange Quotation, the rate is mentioned as USD 60.61/63.
23 FX What rate you Buy: Ans: 60.61
28 FX Whether US citizen visiting India can open NRO account: Ans: Yes
29 FX EEFC account can be opened as: Ans: Current Account Only
Foreign Currency brought to India by a Resident has to surrender to
30 FX AD with in a period of: Ans: 180 days
P e hip e t edit Co essio al ate of I te est fo : A s:
31 FX days
As per UCP 600 if quality is not mentioned, what is the tolerance
32 FX level: Ans: Not applicable
As per FEMA guidelines ,an Indian citizen will get NRI status ,if he
33 FX stays abroad for more than _______days . Ans: 182 days
Branches may renew overdue NRE term deposits from the date of
maturity ,if the over due period is ____days or less provided the
renewed NRE deposit should run a further period of one year more
from the date .Ans: NIL. SB rate of int.for overdue period and
34 FX renewed for min.1 year from the date of presentation.
Resident while returning from abroad how much amount need not
surrender in Foreign Currency or coins or TC? No Limit . If FC
65 FX exceeds USD 5000 or TC exceeds USD 10000, CDF is required.
Export proceeds if getting overdue reversing the same by debiting
66 FX account is called : Ans: Crystalization
123 FX In the case of FCNR (B) deposits, the exchange risk is born by : Bank
The R Returns are submitted by the banks to RBI on : Fortnightly
124 FX basis
NRE A/C holder can open which type of accounts: SB/CA/RD/FD :
125 FX ALL.
Who can open NRE account? Answer: NRI, NRIO (foreign born
132 FX spouse jointly with NRI Spouse), Students going for studies abroad.
In case of FCNR a/c when the Interest is compounded for deposit
133 FX above 1 year ? Ans:- Once in 180 days.
As per UCPDC -600 what is the standard time for examination of
134 FX documents? Ans:- within 5 banking days.
Who is resident Indian? Ans: A person who was in India during the
135 FX financial year for 182 days or more.
Pre-shipment export finance @ concessional rate of interest can be
136 FX extended up to a period of _______ days? Ans:- 270 days.
As per recent RBI guidelines, Pre Shipment Credit can be extended
137 FX upto ___ days: Ans: 270 days
What are all Post shipment finance? Answer: Sight bills demand
bills / Discounting of usance bills on other than deferred payment
terms: usance bills /Discounting of export bills under export for
stock and sale through warehouses abroad /Discounting of export
bills under deemed exports as per RBI directives / Post supply
advances, Under duty draw back /Advance against retention money
/Undrawn balance, /Deferred credit / Consignment exports to CIS
and east EUROPEAN countries / Consignment exports RUSSIAN
165 FX federation against repayment of state credit in rupees / Gold card
What are the two new currencies added for accepting FCNR?
166 FX Answer: Canadian Dollar and Australian dollar
As per UCP-600, what is the new clause added under force
ajeu e? A s e : A ts of te o is . Fo e ajeu e ea s a ts of
god, which are beyond the control of exporter / importer, natural
167 FX calamities, etc.
Who is NRI? Who is not resident. Resident who resided in India for
171 FX more than 182 days during preceding financial year.
185 FX In which currency ;you will not be able to open FCNR (B) a/c ? Yen
186 FX PCFC finance ROI related to what ? LIBOR
A bank financed an exporter by discounted foreign bills but,
customers did not pay amount on due date. Bank wanted reverse
the transaction. What rate bank will apply? a) TT selling b) TT
buying c) Bill selling rate d) Bills buying rate e) Bank rate : Ans: TT
187 FX buying
An NRI returned India after working for 5 years in Boston and
brought foreign exchange proceeds. Which of the following
accounts cannot be credited? RFC/ NRE/ FCNR/ NRO / None of the
188 FX above Ans: NRO
A foreign tourist who is in India and is having USD 5,000 wants to
open a/c. Which type of deposit account he can open: Ans: NRO for
189 FX a maximum period of 6 months
190 FX In FCNR (B), exchange risk is borne by: Banks
Packing Credit facility is available in which type of Letter of Credit:
191 FX Red Clause Letter of Credit.
Within how many days after shipping of goods an Export Bills has to
196 FX be submitted for negotiation to the banker? With in 21 days.
UCDPC means: Uniform Customs and Practices for Documentary
197 FX Credit.
Why Foreign Currency notes buying rate is worse compared to a
Foreign Cheque buying rate? Cash is an idle asset; high cost of
198 FX holding.
Concessional Rate applicable to exporters under the Gold Card
199 FX Scheme: Up to 365 days.
Who are eligible for preferential rate of interest under NRE
deposits: a) Staff b) Senior citizen c) Staff cum Senior Citizen d)
200 FX None: Ans: None.
ECGC Prior permission is required for negotiating bills in relation to
201 FX exports to : Group II Countries.
202 FX EEFC account is opened as: Current Account.
Pre-shipment Credit at concessional rate of interest is available for:
203 FX 270 days.
A person from USA visits India and wants to open an account, what
204 FX type of account can we open: NRO.
205 FX Internationally LCs are governed by: UCPDC.
206 FX The tolerance level for quantity under UCP600 is: + /- 5%
In Forex terms, at the beginning of the month would mean:
207 FX Between 1st and the 10th of that particular month.
As per Basel II, ECGC claim attracts risk weight of : Ans: 20% for
101 GA claims on ECGC and 50% on claims guaranteed by ECGC
CGMSE coverage for Women, loan amount >5 lacs, upto Rs.50 lacs:
102 GA 80%
WCG refers to: Working Capital Gap ie Current Assets minus
103 GA Current Liabilities excluding Bank Borrowings.
CGMSE is mandatory for more than Rs.10 lacs, upto Rs.100 lacs,
104 GA unless borrower provides collateral to the extent of: Ans: 100%
Registration of charge not required for: Moveable Machinery
105 GA under Pledge
107 GA STCL Current Ratio not less than: 1.25:1 (CMD can relax to 1:1)
SSI Margin 25 Lakhs, Projection of Sales : Rs.500 lakhs. What is
108 GA working capital finance: Rs.100 lakhs
L t a sa tio s hethe u e t a ou t t a sa tio o apital
109 GA account transaction: Ans: Current Account
Which is not true in case of EMT: Borrower need not sign any
110 GA where in document
Bill of Lading, where defective condition of goods is indicated :
111 GA Claused bill of Lading
SHG CC limit worked on: Requirement for 5 years with increase
112 GA proportionate to their proposed savings
To micro and small enterprise no collateral and third party
113 GA guarantee upto : Rs 10.00 Lacs
The classification of Services Enterprises for small unit is : Above
114 GA Rs.10 lacs to Rs.2 crores
Difference between Long Term Loan and DPG is : OUT LAY OF
115 GA FUNDS
What is the income criteria in PMEGP : NO family income criteria
116 GA in PMEGP
In the case of financing SHG under the SGSY Who among the
following as members not eligible for Govt Subsidy : ABOVE
117 GA POVERTY LINE MEMEBRS
118 GA CERSAI is defined in : SARFAESI Act
119 GA Quatam of Loan to SHG in SGSY is : As per Project Cost
Maximum Guarantee cover under CGMSE to micro enterprises
with loan upto Rs 5 lacs : 85% of the loan amount with maximum
120 GA of Rs.4.25 lakhs
121 GA SHG LOAN should be granted In : Revolving Credit
Provision requirement for Standard Assets and Direct Agriculture,
122 GA SME SECTOR : 0.25%
Account become NPA If Renewal / Review / Overdue is not done :
123 GA And: in 6 months/180 days
Risk Weights are applicable for calculation of Capital Adequacy
124 GA Ratio, which should be atleast : 9% (as per RBI)
Provision requirements for Doubtful assets @ 100% Uniformly for :
125 GA Asset in DA category Over 3 yrs
126 GA Risk Weight of EL : 75%
143 GA Approval of MC of Board required for loan amount.... > 400 Crs
Name of the committee that suggested WCTL : Vepa Kamesam and
144 GA subsequently Shyamala Gopinath
Qualification required for PMEGP Loan of Rs17.00 Lacs. 8th Std
145 GA Pass
Ceiling on exposure to Real Estate Sector. 20% of...........Gross
146 GA Credit.
151 GA Pay Back Period Time Required to recover entire cost of project
152 GA CIBIL Caters to which segment....Commercial & Consumer
Loan system of Delivery of Bank Credit, Why... : For optimum
utilizatio of Ba k s fu ds, o ki g apital li its a of WCDL
153 GA & OCC facility available.
Shipment date in LC is beginning of the month. How many days....
154 GA 1st to 10th of the month.
155 GA Purpose of Mortgage Loan..... : Other than hoarding
Which of the following is not included under Weaker Section in
Priority Sector. Artisans, village & Cottage Industries with limit
156 GA above 100000
Maximum coverage for loan of 1.00 crore to CGMSE General
157 GA proponent....... 50.00 lacs
Provision on Standard Assets are reflected in which head of Balance
158 GA sheet. Liability
159 GA Assessment of LC. Factors..... Annual purchases
160 GA Objective of ALM of Bank to maximise..... Interest Spread
161 GA MICRO manufacturing investment in P & M..... 25 lacs
If a corporate customer want credit having Low risk rate with LR1,
LR2, LR3 up to the power of H.O GM, C& MD, ED can give the
concession R.O.I is: GM (HO) upto Base Rate + 2%, ED upto Base
Rate + 1.5% , CMD upto Base Rate. (GM(HO) can permit reduction
upto 1.5% maximum (not below BPLR) for LR1,LR2,LR3, NR
162 GA accounts only. No powers for MR, HR accounts)
MSE single window ceiling of the amount with CGTMSE coverage :
163 GA Rs.1 crore
164 GA Accrued portion means : Interest earned till date
Busi ess o espo de t is a age t to Ba ke / C edito to
165 GA Banker/ Debitor to Banker / none : Ans: Agent to Banker
What is extent of CGMSE coverage for loans less than Rs.5 Lakhs to
micro enterprises? Ans: 85% of loan amount with maximum
166 GA Rs.4.25 lacs.
167 GA MSE accounts growth as per NAIR committee : Ans: 10%
A Small service enterprise with investment of equipment cost of
168 GA upto Rs.: Ans: Rs.200 lacs
What is the maximum amount of loan that can be given on Demat
169 GA shares? Ans: Rs.20 lakhs
What is educational qualification in SJSRY scheme? Ans: No
170 GA Education criteria
171 GA i ila to sta d LC A s: Ba k Gua a tee
172 GA Swap means : Covering loss
173 GA Training cost is born by for PMEGP : Ans: Ministry of MSE
177 GA PMEGP Maximum loan for Service Sector: Ans: Proj cost Rs.10 lacs
CGMSE Annual Service Charges: Ans: 0.Now changed as Composit
Annual Charges 1% for general category. For Women, NE region,
0.75% for loan upto Rs.5 lakhs, 0.85% for loans > Rs.5 lakhs Cir
178 GA 406/2012)
Target in DIR loans for women__________ Ans: No Target for
179 GA women
What is the risk weight for Housing Loan of less than Rs.75 lakhs
187 GA (above 30 lakhs) where LTV is above 75% upto 80%: Ans: 50%
What is the Pillar 2 of Basel II: (Cir 159/2010, 212/2011) Ans:
188 GA Supervisory Review
Bank is accepting sub ordinate debt under Lower Tier II Capital. If
the remaining maturity of subordinated debt is 18 months, at what
discount rate we will consider that under Tier II Capital Ans: 80%
189 GA discount
As per task force committee appointed by Prime minister for MSE
growth, it is recommended that growth in number of Micro
enterprises should be _______ % per annum. (Cir 212/2011) Ans:
190 GA 10%
The cut off limit for submission of QOS/ HOS has been enhanced to
fund based working capital limits of Rs._______ and above from
the banking system in respect of industrial units, Traders, Merchant
Exporters, borrowers under SME (both manufacturing and service
197 GA sector). Cir.303/2009, 159/2010. Ans: 5 crore
LIMITED LIABILITY PARTNERSHIP (LLP) ACCOUNT (Cir 67/2011):
Who are not eligible for becoming partners : a) HUF b) Minor
198 GA c) body corporate Ans: a&b
A Minor has extended Guarantee to a loan. It can be ratified by :
199 GA Ans: Can not be ratified
Under SJSRY (now NULM) - USEP scheme, target for women: Ans:
200 GA 30%
Subsidy under SGSY(NRLM) to be kept in : Ans: Subsidy Reserve
201 GA Fu d a ozga ise
Which one of the following is not correct in terms of Priority Credit
classification: a) Student sanctioned with EL of Rs.15 lakh for
studying in Chennai b) HL for Rs.20 lakhs sanctioned for purchase
of flat in Mumbai c) Rs.50 lakhs sanctioned for Micro Small
manufacturing enterprise Ans: A (inland studies maximum Rs.10
202 GA lakhs under Priority)
206 GA As per RBI composit loan for WC and TL for MSE amount: Rs.1 cr
207 GA CIBIL o su e a d o e ial
208 GA In BASEL II Pillar I : Minimum Capital Requirement
If property is not mortgaged within (6 months) penal rate of
209 GA interest: 2%
210 GA LC issued as per UCP 600 as Guarantee type: Standby LC
Stock statements not submitted for ---- months treated as irregular
211 GA : 3 months
all Ma ufa tu i g E te p ise I est e t i Pla t a d
212 GA Machinery upto Rs.: Rs. 5 crores
Service charges in case of guarantee issued in lieu of LC: As
213 GA Applicable to Financial Guarantee
DICGC submission of statement : Half Yearly ie September and
214 GA March end
In case of Bills for Collection and Cheque for Collection, what is the
225 GA relationship between Banker and Customer: Agent & Principal
226 GA CGMSE coverage is available upto limit of Rs.: Rs.100 lakhs
Investment limit in Equipment in case of Micro Service Enterprises :
227 GA Rs.10 lakhs
No Collateral Security is required for MSE loans upto Rs. : Rs.10
228 GA lakhs
The term commercial real estate means ______ Ans- :Loan given
for construction/creation of additional space, more than 50% of
265 GA repayment is out of rental income or sale proceeds of the asset.
Submission of QOS/HOS from borrowers has been increased to
266 GA ______ Ans Rs.5 crores
Under interest subsidy scheme for housing the urban poor , the
268 GA interest subsidy is restricted to _____ Ans 5% (59/2010)
The max distance criteria for the operation of the Banking
correspondent for rural , urban , semi urban areas is _____ Ans
269 GA 30 kms (now distance factor removed)
275 GA In Takeover norms for SME advance current ratio is _____ Ans 1
292 GA PMEGP Margin Money : _____ years of lock in period Ans: 3 years
329 GA Under DRI, what is the income criteria in rural areas: Rs.18,000/- pa
What is the loan amount that can be sanctioned under Top Up for
330 GA Indira Awas Yojana Scheme: Rs.20,000/-
331 GA Target for SC/ST under SGSY(NRLM): 50%
332 GA Target of DRI loans in Rural & Semi Urban branches: 2/3rd
What are the loans exempted from obtention of Credit Report
from CIBIL: Ans: Priority upto Rs.2 lacs and NP upto Rs.1 lakh, Staff,
333 GA VSL,GL, Canara Pension.
What is the maximum loan amount under Debt Swapping scheme:
334 GA Rs.50,000/- in canara bank
For Legal Scrutiny Report, Nil EC is obtained for ______ number of
335 GA years: Ans:13 years
336 GA In Letter of Credit, beneficiary is also called as: Supplier
337 GA For doing foreign business, party usually opens: Ans: LC
In case of VSL whether pronote is to be obtained or not: ans: Not
338 GA required
339 GA In simple mortgage, how many witnesses required: Ans: 2
Within Priority Sector what is the target for lending under Weaker
342 GA Sections? Ans:- 25% of Priority Sector or 10% of ANBC.
What is the maximum Holding period of receivables for financing
343 GA by Banks: Ans: maximum 180 days
Indirect housing finance is the finance to HFC approved by NHB the
344 GA limit is Rs ---Ans:-10Lacs (from July 2012)
Right of subrogation is available to whom ? To Guarantor after
345 GA clearing dues of Borrower
I ase of staff HL ta da d Asset , hat is p o isio fo Bala e
346 GA sheet ? Ans: 0.40%
What is Claused Bill of lading ? Ans: Which bears super imposed
clause or notation that expressly declares the defective condition
of goods or packaging. Ship owner can disclaim his liability on lost
to goods in case of such Bill of Lading. Hence, it is not considered
347 GA safe.
Who is bound to file a charge when the same is created under MCA
21: Ans: a) Creditors b) Officials of the Corporate c) Creditors and
360 GA Officials both d) Share holders Ans: b
Advance to a company against Trust receipt where goods are to be
released by delivery whether a charge is to be created under MCA
361 GA 21 : Ans: Not Required
In case of PMEGP, maximum project cost under Manufacturing
Sector is ____ and Service Sector is _____ Ans: Rs.25 lakhs and
362 GA Rs.10 lakhs
469 GA Housing Loan under DRI to SC/ST can be given up to: Rs. 20,000/-.
Converting liability on account of overdue export bills into Indian
470 GA Rupees is called: Crystalization.
532 GA Loans to Services sector upto what amount priority: Rs.10 crore
What will be debtors period in months if Sales Rs. 180, debtors 30
533 GA lacs: 2 months (debtors/sales x 12)
The main difference between the Term Loan and Deferred Bank
534 GA Guarantee is ______: Outlay of funds.
539 GA What is the target in DRI scheme for women: No Target for women.
Bills discounted and dishonoured: Debit the account for recovery
540 GA immediately.
In Cash Credit account which is not a disadvantage: Issue of Cheque
541 GA book.
MSE single window ceiling of the amount with CGTMSE coverage:
542 GA Rs. 1 crore.
For MSE units, no collateral security/third party guarantee is to be
taken for loans upto Rs. _____: Rs. 10 lakhs. (For Good track record
543 GA unit upto Rs 25 lacs).
Interest Subsidy Scheme for Housing the Urban Poor (ISHUP) (Now
Rajiv Rinn Yojana). The scheme will provide a subsidy of 5% for a
maximum amount of _______ for a EWS individual for a house: 5
544 GA lakh.
As per the terms and conditions of L/C, the last date of shipment is
30th September and the last date for Negotiation is 21st October. If
shipment is done on September 28th, what is last date for
545 GA submitting the Bills for negotiations ? 19th October.
The main difference between the Term Loan and Deferred Bank
546 GA Guarantee is ______. Outlay of funds
Maximum credit for Service Enterprises under priority sector
547 GA increased to _______: Rs. 10.00 crores
Income ceiling for assistance for projects under PMEGP is ______:
548 GA There will be no income ceiling.
Takeover of accounts from other Banks - The account copies of all
the borrowal accounts with the present bankers / financial
institution shall be obtained at least for the last ______: 12
549 GA months.
6 LE An NPA account is having dues with less than 20% of the original
loan. Whether we can proceed under SARFAESI Act? Ans: NO
What is applicable DSCR on Term Loans other than Infrastructure
7 LE
Projects? Ans:1.50
In case of OTS proposal of Govt. Sponsored Loan of Rs.25,000/-
what is maximum permissible sacrifice for branch manager?
8 LE
Ans:Loss Assets, upto Rs.50,000/- for 50 accounts, branch managers
powers
Under OTS for small borrowers upto Rs.2 lakh, what is acceptable
norm? Ans: Security is 150% : Min100% book liability. If security is
9 LE
less than 100% of book liab. :80% of realizable security value. Loss
Assets: upto Rs.25,000/- maximum possible .Above Rs.25,000 to 2
lacs: 25% of liab. . Now this OTS extended upto Rs.10 lakhs.
10 LE SERFAESI sale notice period ? 30 days.
11 LE Who head CDR empowered group ? EDs
How you will sell the asset to ARC with/without recourse ? Without
12 LE
recourse.
OTS time permitted how many months without intt. charging in
13 LE
normal cases ? Ans: 12 to 18 months.
14 LE Definition of Hypothecation is given in : SARFAESI Act 2002.
Principal and interest not serviced for the last 3 months and value
of security declined from Rs. 75 lacs to 32 lacs the account will be
15 LE
classified under : Doubtful Category ( security values less than 50%
to 10 % )
NPA loan outstanding is Rs.10.00 lakh; ECGC coverage is at 50%;
Security coverage is Rs.3.00 lakh; Account is classified under
16 LE
Doubtful 2 years- Required provision is : Rs.4.70 lakh. (Clean
portion:3 lacs + 40% of security of Rs.3.00lacs)
24 LE Search report for CERSAI need not to be drawn for : HL upto Rs. 20
lacs/MSME/Expired/ Agril. Loan of Rs. One crore Ans: Agrl Loan
Security value is eroded by more than 50% and the available
25 LE security is more than 10% of liability. What is the classification of
this Asset: Ans: Doubtful
What is the provision for Doubtful Assets more than 1 year: Ans:
26 LE
Deficit + 40% of security value
An account has become NPA without customer intervention due to
27 LE
the following reasons: Ans: Economic Recession
Adhoc granted in an account becomes NPA after : Ans: 180 days
28 LE
(90days adhoc + 90 days for NPA)
As per the advise of RBI , Banks can sell their NPA to other banks /
37 LE
FI/NBFC after holding for a minimum period of ________years
before it is sold to other banks. Ans: NIL period.
45 LE After sale of NPA, for how many days, account will be treated in
standard category with the purchaser bank?: 90 Days.
Limitation period for executing decree is _____ years from the date
46 LE
decree becomes executable. Ans: 12 years
What is the maximum claim amount in Lok Adalat: Ans: Rs.20.00
47 LE
lakhs
48 LE
What the period of NPA in Sub Standard Category: Ans: 12 months
In a Loan Account, Borrower died. What is the role of guarantor.
49 LE
Ans: to pay the liability
When the guarantee will become NPA, where the guarantee is fully
51 LE secured by Central Govt: a) 90 days and 180 days interest and
principal becomes due(b) when the Central Govt rejects the claim
when the Guarantee is invoked.Ans: B
ettle e t of s all alue NPAs upto s. lakhs hi h a ou t is
52 LE
not eligible: Ans: H L
Provision on Doubtful Assets more than 2 years old: Ans: Deficit +
53 LE
40% of security
CDR mechanism applicable to: Multiple Banking Financing Rs.10 cr
54 LE
and above
55 LE What is the Appeal Pe iod fo LOK ADALAT NO APPEAL
56 LE CDR I is applicable for which accounts : STD AND SUB STD
After taking possession of Assets under SARFAESI Act, bank has to
57 LE serve sale notice demanding payment within _____ days: Ans; 30
days
What is the minimum claim amount to be eligible for filing case in
58 LE
DRT: Ans: Rs.10 lakhs
In case of OTS what is the max period of clearing the dues as per
our Loan recovery policy? TIME LIMIT FOR PAYMENT OF
115 LE COMPROMISE AMOUNT: The payment period may not ordinarily
exceed a period of 12 to 18 months from the date of conveying the
sanction. However, in exceptional cases a longer repayment period
may be considered by the sanctioning authorities on merits.
120 LE Under SARFAESI act, if the account is already under BIFR or DRT ___
% of creditors to agree to bring the same under SARFAESI. Ans: 75%
For purpose of classification of Wilful Defaulters, the limit is Rs.____
121 LE
: Ans: Rs.25 lakhs and above
Possession Notice under SARFAESI act to be published with in _____
122 LE
days: Ans: 7 days
123 LE In case of sale of NPA, the NPA should remain for a minimum period
_____ i pu hasi g o pa s ooks. A s: o ths
Under CDR mechanism, ___ % in value and ____ % in Number
124 LE
should agree. Ans: 75% value, 60% number
Under recovery policy of the bank which cases refered to Advisory
125 LE
o ittee at HO A s: a ifi e of &a o e
For compromise proposals in respect of Wilful Defaulters, the same
is to be reported to :a) GM (HO) and above b) GM ,Circle and above
126 LE
c)ED and above d) CMD and above Ans: d (MC is the authority to
take decision)
If the liability today is Rs. 12.5 lakhs in an account which has been
classified as NPA as on 31..03.2008 , then the Provisioning to be
127 LE
made for the Balance Sheet as on 31.03.2013 is: Ans: 100% ie 12.5
lakhs
What are the loans that cannot go to SARFAESI : Where security
128 LE
created is by way of Pledge.
What is the cut-off limit for declaring Willful defaulters and what
151 LE
are the penal clauses specified: Ans Rs. 25 lac. No financial support
by any bank to new unit of the promoter upto 5 years.
152 LE As per NPA guidelines, Quick Mortality refers to: An account which
becomes NPA within 12 months (Liab Rs.5 lakhs and above).
153 LE Provision in respect of Doubtful asset above 1 year upto 3 yrs: 40%
of the Realisable Value of Security + 100% of Unsecured.
Debt Securitization refers to: Conversion of receivables into debt
154 LE
instruments.
Recently the NPAs increased due to: Economic environment and
155 LE
not wilful default.
The account shall become NPA in case the regular/adhoc limit is not
156 LE
reviewed for a period of: 90 days.
What is the definition of Quick Mortality: Rs.5 lakhs and above
157 LE liability in case of new parties, becoming NPA with in 12 months
from the date of first disbursement.
Adhoc granted in an account becomes NPA after: 180 days (90days
158 LE
adhoc + 90 days for NPA).
What is the advantage to Banks for referring cases to Lok Adalats.
159 LE
Consented decree, No Court Fee and No Appeal.
161 LE For handling of NPA accounts, which of the following was formed
first: a) DRT b) Lok Adalat c) Sarfaesi d) CDR : Lok Adalat.
Doubtful asset upto 6 months provision : Unsecured portion 100% +
162 LE
25% of security value
163 LE
Accrued interest in NPA: To provide fully or to reverse to account.
The CDR scope has been extended to cover entities with
164 LE
outstanding exposure of Rs _____ crores and above: 10
Which of the following can purchase NPA? a) ARC b) Banks c)
165 LE
Financial Institutions d) NBFC e) All of the above Ans: E
NPA - D3 Category (Beyond three years): 100% Provision both on
166 LE
secured and unsecured.
167 LE
SARFAESI is applicable to what type of a/cs: Secured NPA Accounts.
Monetary ceiling for case filing at Lok Adalat is : Max Rs. 20 lakhs. (
168 LE
Above Rs 20 lac for Lok Adalat under DRT).
Which is the latest recovery channel made available to the banks
169 LE for speedy recovery of NPAs backed by security: Action can be
taken under SARFAESI.
An account becomes NPA, if Regular credit limits have not been
170 LE
reviewed within ______ from due date: 180 days.
CDR scheme will not apply to accounts involving ______: Only one
171 LE financial institution or one bank and outstanding exposure is less
than Rs. 10 cr.
Debt Securitization refers to: Conversion of receivables into debt
172 LE
instruments.
Recently the NPAs increased due to: Economic environment and
173 LE
not wilful default.
If a principal debtor files objection to his assets being acquired
174 LE under SARFAESI Act, the bank has to reply within ____ days: Fifteen
days (enhanced from 7 days)
An asset can remain in Doubtful - I category for a maximum period
175 LE
of _______: Ans :12 Months
What is the minimum provisioning that has to be done for the
176 LE
a ou t i loss assets atego : A s : %
Account when becomes NPA, if principal and interest not serviced
177 LE beyond 90 days from which date: Ans :From the end of the quarter
in which interest is debited.
NPA - D3 Category (Beyond three years): Ans :100% provision both
178 LE
on secured and unsecured
179 LE
Hypothecation is defined in which Act: Ans :Sec 2(n) of SARFAESI.
180 LE
SARFAESI is applicable to what type of accounts: Ans :NPA accounts.
CBOA HYDERABAD.
In case of customer complaint received if it is redressed in how
1 MISC many days so that it will not be noted in record as customer
complaint? Ans:- 24 hours (cir 251/08)
17 MISC TDS is to be collected in case of rent exceeds _______ per year. Ans:
Rs.1,80,000/- @10% on rent on Land, Building, Furniture.
When an order is passed by Banking Ombudsman, the same should
be complied within 30 days of : a) from the Date of Order b) the
18 MISC
receipt of the copy of the order c) from the date of receipt of
acceptance from the complainant. Ans: C
In our Canara Gold Card, the billing date and the due date for
19 MISC payment is ______ and ______ Ans: Month End and 20th of
succeeding month.
Cheques deposited at ATMs to be lifted within: Ans: At the
20 MISC
beginning of the day
21 MISC Penalty for delay is _____ per day if information is not furnished
within prescribed time under Right to Information Act. Ans: Rs.250/-
Under BASEL II, Operational Risk is measured by: Ans: Basic
22 MISC
Indicator Approach
Basel consists ____ Pillars and _________ is pillar no.2. Ans: 3
23 MISC
pillars, Supervisory Review is Pillar no.2
Floating Provisions can be included in : Ans: Tier II capital under
24 MISC
General Provisions and Loss Reserves
Under Manual method, an account is rated 75 marks. What is the
25 MISC
risk gradation: Ans: Grade V - Moderate Risk
For an ECS debit received at a branch, the same should be acted
26 MISC upon only after the Mandate is lodged at the: Branch where the
party is maintaining account.
What are the charges for countersigning a signature to an SB
27 MISC account holder in an urban branch. Ans: Rs.75/- per case (Rs.50 in
Rural Area) cir 7/2011
47 MISC Counterfeit notes returned after police verification, the same has to
be preserved for 3 years subject to half yearly verification.
Whi h of the follo i g does ot fall u de fi a ial efo s
48 MISC
obtention of photographs.
Group Insurance of Scale -I officer except posted in J & K : 3.0lacs in
49 MISC
other areas, Rs.5.5lacs in J&K (cir 508/2015)
50 MISC Ombudsmen can give award : maximum Rs.10 lakh
51 MISC
CRR maintained min % of NDTL : no min . At present CRR is 4%
52 MISC For immediate credit Outstation cheque: 15000/-
53 MISC How many times DD can be revalidated: once
54 MISC Nomination is not available: turst a/c
55 MISC In Case of LOCKER relation between : lessor & lessee
56 MISC In all computers , Bilingual: is must
57 MISC In RTGS amount is credited within: 2 hours
58 MISC TDS deduction on interest: 10000/- and above
59 MISC Commercial Paper issue min amount: Rs.5 lakh
60 MISC Debit card facility provided: Immediate debit to a/c
61 MISC spend now pay later: credit card.
Charge of satisfaction is registered in case of company: with in 30
62 MISC
days
63 MISC Life Certificate of defence pensioner obtained : November
Which one of the following is not accounted for SLR security? (i) in
cash (ii) in gold valued at a price not exceeding the current market
price, (iii) in unencumbered approved securities valued at a price
78 MISC
determined in accordance with such one or more of, or
combination of the methods of valuation, namely, valuation with
reference to cost price, market price, book value or face value, as
may be specified by the Reserve Bank of India from time to time.
(iv) Approved Securities in Shares / debentures etc. Answer: (iv).
For calculating the Time and Demand liabilities for the purpose of
calculation of SLR /CRR which of the following are not excluded? (a)
79 MISC Borrowings from RBI (b) Borrowings from Commercial Bank (c)
Borrowings from IIBI/SIBI (c) Liabilities of Offshore banking Units.
Answer: (b)
What is the Risk Weight for NPA taken over from other Banks?
80 MISC
Answer: Risk weight is 100%
Memorandum of Association does not contain clauses as to : (a)
Objectives of the company (b) Internal administration (c) Name (d)
Capital (e) Registered Office Clause. Answer: (b). Internal
81 MISC
administration is covered in AoA. Other clauses in MoA are: Liability
of share holders (limited or unlimited) & Association clause. Total 6
clauses.
Bank guarantee issued for release of goods from Customs without
payment of customs duty against future export performance is
called as ____________ _____ ___ guarantee. Answer:
Performance Guarantee. (Financial guarantee: All guarantees issued
for repayment of a debt or a loan or payment of a sum without
linking to performance is financial guarantees. In a financial
guarantee the relationship between applicant and beneficiary is
that of a creditor and debtor generally. Performance guarantee:
82 MISC These are the guarantees issued in respect of performance of
contract or obligation. Although these guarantees are for
performance, in such cases, in the event of non-performance of the
obligations as per the terms of the contract, the bank assumes
under the guarantee, only monetary liability up to a specified
amount, and for specified period and not due performance of the
contracts like construction of a building, or supply of material etc.
One should invariably call for copy of the underlying contract or
agreement to determine whether a guarantee is for performance or
financial since the entire process of appraisal and fixing of
commission differs.)
113 MISC Income Tax - Qualifying amount for TDS under rent paid to lessors
of premises : Rs.1.80 lakhs p.a. for financial year 2013-14
126 MISC Under Right to Information Act, who can ask for information and
what is the criteria? Indian Citizen. Purpose need not be mentioned.
127 MISC What is the maximum period to approach Ombudsman? Ans: 1 year
1 month from the date of representation to Bank by customer
What is cut off limit for collection of Tax in case payment of
128 MISC
professional fee? Ans:Rs.30,000/-
In case of loan to distressed for clearance of debts from non
institutional sources, what precaution bank takes while granting
129 MISC loan, to prevent them to approach money lenders again? Ans:
Obtain co-obligation of spouse or adult family member to exert
peer pressure
Lette s e ei ed B a ea a hes i Hi di. What is the o fo
130 MISC
reply? Ans: B to A, B to B :90% B to C region:55%
What is the risk weight for staff loans as covered by security or
131 MISC
terminal benefits: Ans:20%
132 MISC What is the age for Canmediclaim: Ans: 5 to 65 years
What is the penalty for delay in submission of 26QAA: Ans:Rs.100/-
133 MISC
per day
On Customers day, executives available to customers without
134 MISC
appoint between : Ans:3 pm to 5 pm
Upto what amount a duplicate DD can be issued without obtaining
135 MISC confirmation from payee and without noting caution by the payee
branch? Ans: Rs.5000/-
164 MISC What should be annual income of a BPL family to be eligible for
getting interest subvention under educational loan? Rs 4.50 lac.
For Ultra Small Branches, a designated officer will visit the villager
173 MISC
on a prefixed date and time every _________ with laptop and will
be connected to Banks central server (CBS): Week.
AML - FIU Cash T a sa tio s details fo the o th to e
174 MISC
submitted before: 15th of the following month.
Revaluation Reserve discounting factor to be taken to which capital:
175 MISC
55% & Tier II Capital
176 MISC Business correspondent is: Agent of Banker
What is the latest RBI directives for issuing DD for amount of Rs.
177 MISC
20,000 and above: It should Account Payee only.
178 MISC If Garnishee Order does not specify any amount, is it applicable or
not: Applicable and full amount in the a/c will be attached.
What is minimum amount for NEFT transaction? No Minimum
179 MISC
prescribed.
What is the type of risk if computer data lost? Ans: Operational
180 MISC
Risk.
As per Right to Information Act, Public Information Officer has to
181 MISC
provide information in how _____ days: 30 days
What is the number of days within which the proceeds should be
credited to the account under Cheque collection Policy in Metro &
182 MISC
State capital, Distt Head Qtrs and Other areas? 7 days; 10 days; 14
days.
For settlement of claims in a Deposit account of a missing person,
183 MISC how many years one should wait if a person is not heard of alive or
dead: Y s e of I dia E ide e A t.
184 MISC What is the maximum amount of Award that can be given by an
O uds a u de BI s O uds a s he e? s. la s
What is the minimum amount to be transacted under RTGS? Rs. 2
185 MISC
lakh.
Within how many days of filing a complaint with the bank, the
complainant can approach the Ombudsman: One year from the
186 MISC
date of the receipt of the reply from the bank. If no reply received
then it is one year and one month.
Investment Fluctuation Reserve is part of which type of capital: Tier
187 MISC
I Capital.
As per RBI guidelines, the visually impaired person is to be provided
188 MISC with: a) Cheque book facility b) ATM card c) Locker facility d) All the
above. Ans: All the above
Speed clearing refers to: Clearing system organized locally wherein
189 MISC
settlement of outstation cheques takes place.
In the case the Electronic Funds Transfer (EFT) instruction is
dishonoured for insufficiency of funds, imprisonment of 2 years or
190 MISC
double amount penalty or both are provided in which Act: Payment
and Settlement Systems Act.
What is the risk weight on Personal Loans for calculation of Capital
191 MISC
as per Basel II: Ans: 125%.
In case of Fraud of Rs. 3 crore where no staff is involved has to be
192 MISC
reported to _______: Ans CBI, Economic Offence Wing.
193 MISC Floating reserves form part of _____ capital with ______ %age of
RWA. : Ans: Tier II: maximum 1.25% of total risk weighted assets.
Under Basel II, what is the initial approach for Credit risk and
194 MISC Operational risk: Ans: Standardized approach, Basic Indicator
Approach.
What is the capital charge under Basic Indicator Approach of
195 MISC Operational risk: Ans: 15% of positive gross income average of last 3
years.
What is the purpose of Audit Trail: (a) Internal control (b) Provides
196 MISC
useful information to auditors. Ans: Both a and b.
197 MISC In Balance sheet, Subordinated debt is shown in ____ capital under
the _____ head of B/s. Ans: Tier- II ; Other liability and provision.
Hybrid Debt Instruments are _____________ and are shown in
_________ captal. Ans: Hybrids are instruments that have some
198 MISC
characteristics of both debt and shareholders' equity. Shown unde
Tier II capital.
Clean Audit report is also known as _______. Ans: Unqualified
199 MISC
report.
Greening of advances refer to _________. Ans: Two banks buying
200 MISC
NPA s of ea h othe .
239 MISC Subordinate debt along with all other instruments of Tier II capital
should not be more than _____% of total capital: 50%.
In Tier II, minimum maturity of Subordinated debt instruments : 5
240 MISC
years
241 MISC Tier II capital should not exceed : 100% of Tier I capital
What is the full form of FSDC: Financial Stability & Development
242 MISC
Council
In the case of liquidation of a company, who will be appointed to
handle the affairs of the company:________ Official Liquidator
243 MISC
(Official receiver or Official assignee in case of non-companies
account).
258 MISC Subordinated debt instruments together with all other instruments
of Tier -II capital are to be limited to _____ of Tier I: 100%.
FIR is required to be filed in case where the counterfeit notes found
are ______ in a single transaction and acknowledgement is to be
259 MISC
obtained from the concerned police authorities: Five pieces and
above.
While disposing off the request under RTI Act, PIO is required to
261 MISC
mention clearly the time limit of _____ and address of the Appellate
Authority to the complainant: 30 days.
For a Loan more than Rs.1 crore to NGO-MFI /NBFC-MFI: 10%
262 MISC
collateral in the form of Bank Deposits.
Liquidity Risk arises when: Matured Liability exceeds Matured
263 MISC
Assets.
264 MISC As per Basel II, the CRAR of Tier I should be: 6%.
265 MISC By what date Basel III is to be implemented: 31.03.2019.
Investment Fluctuation Reserve is calculated on which type of
266 MISC security? Ans: Available for Sale category and Held for Trading
category.
Whi h a d is ased o p i ipal of Bu No Pa o : A s : De it
267 MISC
Card
Under BASEL-II, what is the Risk Weightage on the Loans and
268 MISC advances given to Staff of the bank secured by mortgage /
superannuation benefits: Ans :20%.
269 MISC What is the maximum amount of Award that can be given by an
O uds a u de BI s O uds a s he e? A s :s. la s
What is the minimum amount to be transacted under RTGS? Ans
270 MISC
:Rs. 2 lakh.
Investment Fluctuation Reserve is part of which type of capital: Tier
271 MISC
I Capital.
Right of foreclosure is available in which type of mortgage? Ans :
272 MISC
Mortgage by conditional sale.
What is the minimum amount that can be remitted through NEFT:
273 MISC
Ans :No Minimum and no Maximum.
Double Dip Recession: Ans :The economy is partially in the recovery
274 MISC
mode but it again slips down toward recession.
275 MISC Committee on E.F.T. was headed by: Ans : K.S. Shere.
276 MISC Speed clearing refers to : Ans :Clearing system organized locally
wherein settlement of outstation cheques takes place.
What is liability of members of HUF if Karta incurred debt? Ans :
277 MISC
Coparceners are liable to extend of their share.
278 MISC
BCSBI is affiliated or regulated by? Ans : An independent body.
The objective of the Pillar III as per BASEL-II is ____: Ans :Market
279 MISC
discipline through public disclosures.
280 MISC Ombudsman Award - Max for credit card: Ans :Rs. 1,00,000.
281 MISC NEFT Cha ges A s : I a d: NIL
Locker Operation to be categorised under High and Low risk to
282 MISC
operate atleast once in : Ans :1 year and 3 years.
283 MISC
Interest Rate Fluctuation - what type of risk: Ans : Market Risk.
Which of the following is the one way of sending remittance to
284 MISC
India : By Western Union Money Transfer
Fortnightly balance of banks are reported RBI for the purpose of
285 MISC
maintenance of : CRR and SLR.
286 MISC Purchase of goods and services through POSEDC and amount gets
debited to account of the customers in case of : Debit Card.
287 MISC TDS applicable in : NRO Term Deposits.
Methods used for computation of operation risk are : (i) Basic
288 MISC Indicator Approach (ii) Standardized Approach (iii) Advanced
Approach
M&N are having joint locker in joint names with E or S condition
and M has reported loss of keys and at the same time, N has come
289 MISC
for operating locker with keys: Operation should not be allowed
with out concurrence of M
One or two Counterfeit notes are detected : FIR need not be
290 MISC
lodged.
BCSBI - Release of securities on repayment of loans in any case
291 MISC
within : 15 days of repayment of all dues.
Strategic Risk arises due to adverse business decision and :
292 MISC
improper implementation of decisions.
302 MISC Customers are grouped under various Customer Types as per BASEL
Norms : Corporate / Equity / Retail/Sovereign/others
One Customer came & deposited Rs. 10.00 lacs as term deposit but
303 MISC branch found 10 fake/forged notes : branch to in form nodal officer
in CO & in turn FIR is to be filed.
304 MISC Spot Transaction Settlement : T+2 days
Mobile banking daily transaction limit : Approved by Board of
305 MISC
Individual Banks (Rs.50,000/- in our Bank)
306 MISC EFT : Electronic Fund Transfer
ATM wrong Debit to be reversed within : 7 days otherwise Rs.100
307 MISC
per day fine
308 MISC Balance enquiry : 09289292892
309 MISC SLR not maintained penality of : RBI BR + 5%
What is the time period for crediting proceeds of outstation cheque
310 MISC
presented in Speed Clearing: Ans: 48 hours
311 MISC What is the present Reverse Repo Rate: 5.75% (Feb 2016)
As per RBI instructions Basel 3 implementation to be completed by:
312 MISC
Ans: 31-03-2019.
327 MISC What is the penalty for Non Providing Information under RTI Act:
Ans: Rs.250/- per day beyond 30 days, with maximum of Rs.25,000/-
Asset Liability Management is useful for : Ans: Interest Spread
328 MISC
(NIM)
As pe BI s di e ti es, NF is a a ged i IDBT. This NF ill take
329 MISC
care of: Ans: ATM connectivity
An individual who is in abroad or their relatives can remit foreign
330 MISC currency of $ _________, by giving self declaration ,on medical
grounds. Ans: USD 2.5 lakh
Which of the following apex body and Regulator has asked banks to
swap customer-related information so that the frauds and defaults
353 MISC
may be prevented in future? a)Bombay Stock Exchange (BSE)
b)Indian Banks, Association (IBA) c)Securities & Exchange Board of
India (SEBI) d) Reserve Bank of India (RBI): Ans: d, (RBI)
354 MISC Total number of digits in AADHAR.: Ans: 12
Under Mobile Banking, what is the maximum limit of for funds
355 MISC transfer for daily and monthly: Discretion of the bank (Rs.50,000/-
per day)
358 MISC What is the periodicity of conducting Study Circle Meeting: Ans:
Once in 3 months in branches, once in 2 months in C O s
What is required for sending RTGS/NEFT a.MICR b IFSC c PIN CODE
359 MISC
Ans: IFSC
What is the form to be taken from Senior Citizen for exemption of
360 MISC
TDS on deposits: Ans: 15H
What is the form to be taken from Other than Senior Citizen for
361 MISC
exemption of TDS on deposits: Ans: 15G
What is the percentage of Income Tax to be deducted on deposits
362 MISC
if PAN is given: Ans: 10%
What is the percentage of income tax to be deducted on deposits if
363 MISC
PAN is not given : Ans: 20%
384 MISC The maximum period within which the customer has to present for
revalidation of DDs from the date of issue : 6 moths
385 MISC For claiming wrong debits to the account of ATM card holder, the
complaint is to be made to bank before : 30 days
What is the ti e li it fo TG usto e t a sa tio s : a to -
386 MISC
30 pm for customer transactions
Preservation of records pertaining to identification of customer : 10
387 MISC
yrs from the date of cessation of account
388 MISC Commission for effecting clean outwad remittance: Rs.500/-
Delay in E TDS after 1 year, what is penalty: Ans: Min.Rs.10,000/-
389 MISC
maximum Rs.1.00 lakh (Cir 177/2012)
DDs for Amount exceeding Rs._________ to be issued duly crossed
390 MISC
Account Payee: Ans: Rs.20,000/- and above
391 MISC Sale of third party product may attract ______ Risk: Ans:
Operational Risk(Reputation risk which is part of Operational Risk)
Process Flow to PIN Validation in ATM for every Transaction : to
392 MISC
reduce Frauds
Usage of other bank ATMs - Maximum times : no restriction.
393 MISC However for usage by SB customers more than 5 times, CA/OD all
transactions - charges payable by party.
429 MISC Offi ial La guage Co ittee epo t has to e su itted o thl
/ quarterly / yearly : Ans: Quarterly calendar quarter
As per RTI concern authority is to submit information in how many
430 MISC
days? Ans: 30 days
AML data is to be submitted to RBI with in __________days. Ans:
431 MISC CTR in 15 days from month end and STR with in 7 days of
conclusion.
Deposits received are investing only on Government securites is
432 MISC
called : Ans: Narrow Banking
What is the C.A.R norms for Basel II? Ans: 9% of Risk weighted
433 MISC
assets
Debit card : Maximum withdrawal of cash per day: Ans: Rs.50,000/-
434 MISC
per day
What is the minimum prescribed amount under NEFT: Ans: No
435 MISC
Minimum and no Maximum is prescribed.
Bank is selling third party products. What type of Risk is involved in
this: a) liquid risk b) financial risk c) reputation risk d) settlement
436 MISC
risk e) Operational Risk Ans: d) Reputation Risk(part of operational
risk)
Risk weight for exposure to scheduled commercial bank that
437 MISC
maintains CRAR as per RBI requirement: Ans: 20%
All Frauds involving an amount of Rs. 1 Crore and above should be
monitored and reviewed exclusively by the Special Committee of
438 MISC the ____________constituted for this purpose. (Cir 334/2010) Ans:
Board (Containing 5 Directors of Board) and also Audit committee
of the Board)
Official Language Implementation Committee at branch level has to
439 MISC meet quarterly during the months of: (Cir 358/2010) Ans: January,
April, July, October
444 MISC JOB ROTATION (Cir 88/2011) is compulsory upto _______ and
normally effected once in every ______ Ans: Scale II, 6 months
In Canara Debit card Platinum, the Bank will charge Rs._____ if
445 MISC
annual turnover does not reach Rs.50,000/- : Ans: Rs.300/-
What is the ceiling in Rate of Interest under Call Money and Notice
446 MISC Money Ans: No ceiling and as per decision taken as and
when(answer to be checked)
447 MISC
Ombudsman award max amount in case of credit cards : Rs.1 lakh
448 MISC RTGS min & max amount : Min.Rs.2 lacs & no maximum limit
469 MISC Counterfeit notes- should not be issued to customer and should not
be destroyed, report to police and to be: Impounded
Termination of contract with customer : when he dies / closing of
470 MISC
the account/ bankruptcy : All
In case of Private Limited Company : Certificate of
471 MISC
Commencement of Business is not required
Waiting period for collection of cheque drawn in GBP and payable in
472 MISC
UK: 10 days
Return of Cheques below Rs.1 crore and ECS returns of ____ times,
474 MISC
we can close down the account : 4 times for ECS return, return of
cheque for less than Rs.1.00 crores, 6 times return
475 MISC Smart Card issued in Canara Bank is named as: Canara Vikas
476 MISC
Validity Period of Canara Bank Debit Card-Platinum: 10 years
Undelivered debit cards lying in branches to be destroyed : If not
477 MISC
delivered with in 3 months
478 MISC SLR rate: 21.5% (As on Feb 2016)
479 MISC Maximum award can be given by Ombudsman: Rs.10 lakhs
480 MISC
Risk Weight for Staff Loans covered by Terminal Benefits: 20%
Basel II covers which types of Risks: Credit Risk, Market Risk and
481 MISC
Operational Risk
As per Basel II, Tier II Capital should not be more than ____ % of
482 MISC
tier I Capital: Ans: 100%
Risk Weight in case of Housing Loans below Rs.30 lakhs, where LTV
483 MISC
is below 80% : ans: 35%
484 MISC NEFT charges for an amount of Rs.2 lakhs: Rs.15/-
Normally prudential exposure norms are taken in relation to:
485 MISC
Capital funds of banks
TG a ou t is to e etu ed, if ot edited to e efi ia s
486 MISC
account with in : 2 hours
As per OL implementation, country is divided into ____ regions:
487 MISC
Ans: 3
What is the maximum amount that can be withdrawn through ME
488 MISC
by using our Debit Card: Ans: Rs.2000/-
Counterfeit Note received at the counter- what should be done:
489 MISC
Impounded and FIR to be lodged
Incentive given by RBI for distribution of one bag of coins: Rs.25/-
490 MISC
per bag
491 MISC
Hotlisting of Credit card- effect: No Operations are permitted
Upto what amount, account payee cheque of co-operative bank
492 MISC
can be collected by us as an agent: Rs.50,000/-
493 MISC Risk taken care by ALCO: Liquidity Risk (part of Market Risk)
If PAN number is not available, what is the applicable TDS rate:
494 MISC
Ans: 20%
495 MISC IFSC code contains _____ digits: Ans: 11 digits
496 MISC Excess Money supply in market leads to: Inflation
497 MISC Payment of DD of Rs.50,000/- and above: Not in Cash
Cash Shortage of Rs.________ and above, even if reported by
498 MISC
cashier will be treated as fraud: Rs.10,000/-
Instructions on Cheque Drop Boxes should be in: Hindi, English,
499 MISC
Regional Language
500 MISC
RTGS Timings for customer transaction : Ans: 8 am to 4-30 pm
Premises Rent : Allocation between rent & maintenance: Ans:
501 MISC
80:20
Which of the following are the features of Canara bank Debit card
510 MISC
differs from non personalized card Answer: Validity period 3
years(now enhanced to 10 years) // Name not mentioned.
Business facilitator: Security deposit for individual and institutions:
511 MISC
Rs.10000/- and Rs.1.00 lacs.
If an account is overdrawn by Rs._____ due to FTV debit, it will be
512 MISC
temporarily blocked: answer: Rs.500/-
Fraud of more than Rs.2 Crores with prima facie evidence of staff
involvement. It has to be reported to : Answer: CBI-Anti corruption
513 MISC
bureau.(Now frauds of Rs.3.00 crores to Rs.25 crores to CBI and
below 3 crores to State CID)
The bank can prefer an appeal, within __________ from the date of
_________________ by the complainant, comply with the Award
514 MISC and intimate compliance to the Banking Ombudsman. Answer: one
month // receipt by it of the acceptance in writing of the Award by
complainant.
Janashree Bima Yojana: Death cum Disability insurance scheme by
515 MISC LIC of India. Coverage: Natural death Rs.30000/- , Death due to
accident Rs.75000/- .
516 MISC
P epa atio of ili gual t ai i g ate ial C egio s A s e : %
Under the Basic Indicator Approach, banks must hold capital for
517 MISC operational risk equal to the average over the previous __________
years of a fixed percentage (denoted as alpha) of positive annual
gross income. The percentage is _______ Answer: three // 15%
518 MISC NEFT return timings: Batch + 2 hours.
Categorisation of branches: Average aggregate deposits and
519 MISC advances of Rs.120 crores and 40 crores respectively. The
categorisation is______ Answer: LB.
Banks may shift investments to/from Held To Maturity with the
approval of the Board of Directors _______________. Such shifting
will normally be allowed at the beginning of the accounting year. No
520 MISC
further shifting to/from HTM will be allowed during the remaining
part of that accounting year. Answer: once a year.(question asked
on investments)
Upper Tier II instruments shall be subjected to a clause in terms of
which the issuing bank shall not be liable to pay either interest or
principal, even at maturity, if I. the bank's CRAR is below the
521 MISC minimum regulatory requirement prescribed by RBI; OR II. the
impact of such payment results in bank's capital to risk assets ratio
(CRAR) falling below or remaining below the minimum regulatory
requirement prescribed by Reserve Bank of India. (c) Issue upto
10% of Tier I capital Answer: Both (a) and (b)
Cash Reserve Ratio: In terms of Section 42 (1) of the Reserve Bank
of India Act, 1934 the Reserve Bank having regard to the needs of
securing the monetary stability in the country, prescribes the CRR
522 MISC
for Scheduled Commercial Banks (SCBs)
_______________________. Answer: without any floor or ceiling
rate.
Which of the following is not part of Tier II capital? Floating
523 MISC provisions // Provision for Standard asset // disclosed free reserves.
Answer: disclosed free reserves
Under Janashri bima yojana ,the parent of the child gets scholarship
524 MISC to the extent of ________ Rs.1200 per year per student studying in
9 th to 12 th std (94/09)
525 MISC A branch is having 60 crores deposits and 15 crores advances, the
branch can be classified as --Ans:- large branch. ( 43/209)
If a person is missing and not traceable for a period of ____ years or
526 MISC more he will be treated as legally dead as per section 108 of the
Indian Evidence Act . Ans -7
Under BASEL II norms, the third pillar is _____Ans -market
527 MISC
descipline
Innovative perpetual debt instrument appears in _____Ans- tier I
528 MISC
capital
The risk weight for scheduled commercial banks(where CRAR is 9%
529 MISC
and above) is ____Ans 20 %
530 MISC Under internet banking, funds transfer up to 2 lacs in NEFT cannot
be permitted to ____ Ans: Blind persons (139/2010)
The official language implementation committee meets ______Ans
531 MISC
e e o ths
Banks required to maintain __ of required CRR on daily basis . Ans -
532 MISC
95 %
539 MISC The operational risk refers to ___Ans- risk of loss due to inadequate
or failed internal processes, people, systems or external factors
Measures to improve level of customer service at Branches, the
540 MISC Branch Managers to act as ________.Ans: Floor Walker (338/2009,
416/2009)
What is the rate of discount in case of Sub Ordinate Debt
541 MISC Instrument, to qualify under lower Tier II Capital, which is maturing
in 18 months : 80%
AD Category-I banks can permit the period of realisation and
repatriation to India of the amount representing the full export
542 MISC value of goods or software exported, from six months
to___________ months from the date of export. Answer: 9 months
(ID Cir 44/2013)
553 MISC All fraud cases are to be reported to Police / CBI within ______ days
of their detection as per guidelines. (Cir.81/2009) (Ans: 21 days)
554 MISC Which is not a money market instrument (a) Certificate of Deposit
(b) Commercial paper (c) Treasury Bills (d) Shares Ans: Shares
Rate of Interest given by RBI for CRR (1.5% / 2.5% / 3.5% / 4.5% /
555 MISC
No int) Ans: No Interest
556 MISC Risk weight of direct exposure to central govt _____ Ans: 0%
557 MISC Pe iodi it of OLIC eeti gs A s: ua te l
It would be prudent to consider revaluation reserves at a discount
558 MISC of _____________ percent while determining their value for
inclusion in Tier II capital. Answer: 55%
Bank is under obligation to implement a garnishee order when
559 MISC
received relationship is Answer: Debtor and creditor
560 MISC
Under Basel II types of risk: Answer: Credit, Market, Operational
Debit Cards (Personalized) lying undelivered at branches beyond a
period of ___________ months from the month of issue (printed on
561 MISC the card) shall be destroyed at the Branches. Cir.64/2010. Answer:
THREE The above exercise shall be carried out as on last day of
every month.
Cash Transaction Report (CTR): All Cash transactions of the value of
more than Rs 10 lakhs or it's equivalent in FC or series of cash
562 MISC transactions aggregating Rs.10 lacs or more in one month. Report to
be submitted to FIU IND by __________ (IO 15/2010) Answer :15th
of succeeding month.
Parallel run? Answer: Parallel running is one of the ways to change
from an existing system to a new one. During changeover, a new
system and an existing system run side by side. To input the same
563 MISC
data and perform the same processes, compare their output and
prove the reliability of the new system. If the new system is
accepted, the existing system will stop running and will be replaced
by the new one. (Source: Wikipedia)
573 MISC What is the charge of RTGS: Now RTGS starts from Rs.2 lacs and
commission varies basing on timing of RTGS Maximum Rs.55/-
Hindi day is celebrated generally in the month of :
574 MISC
SEPTEMBER(14th)
575 MISC
TDS is deducted on the interest if it exceeds per annum :Rs10000
For medical Treatment abroad how much amount can be remitted
576 MISC
on declaration basis : US$250000
Who can stop the payment of a DD: Purchaser can stop till he
577 MISC
delivers DD to payee and there after only Court can stop.
The risk arising out of changes in interest rate, is called as : MARKET
578 MISC
RISK
579 MISC What is Inward charge of RTGS for Rs.1 lac : nil
Who can seek information under Right to Information Act: Indian
580 MISC
Citizen
581 MISC
In terms of ATM, PIN Stands for: Personal Identification Number.
582 MISC At present bank rate :7.75% (Feb 2016)
What are the charges collected for collection of cheque of
583 MISC
Rs.10000: Rs.50/-
584 MISC
How many alpha numerical in PAN No: 10(Example.AXAPK4399P)
What is the minimum annual income eligibility criteria for Canara
585 MISC
Credit Card : Rs.1.00lakh (staff:Rs.60000/- p.a.)
Use of other banks ATM will be free of charge : Now only 5
586 MISC transactions are free with ceiling of Rs.10,000/- for each
withdrawal, for SB a/c holders.
587 MISC Debit Card issued for a period of :10 Years
Fraud of above Rs.3 crore is to be reported to, where there is no
588 MISC
staff i ol e e t: CBI E o o i Offe e Wi g
589 MISC
The ph ase Bu No a d Pa Late is elated to: CEDIT CAD
590 MISC Service Tax is not applicable to Interest on loan.
591 MISC Under RTI Act, what is the fee payable: ans: Rs.10/-
Cash shortage of Rs._____ and above should be reported to higher
592 MISC
authority: Ans: Rs.1000/- and above
593 MISC
Upto what amount Special Assistant can sign Pay Orders: Rs.50,000/-
Indo Nepal Remittance Facility under NEFT: Maximum amount and
594 MISC number of times per party per annum: Rs.50,000/- with maximum
12 times per party
Financial Inclusion Means: Providing Banking Services to Poor at
595 MISC
affordable rates.
If cashier receives counterfeit note, what he has to do: Ans:
596 MISC
Impounding
Why banks generally not accept the partly paid shares: Others lien
597 MISC
is there
598 MISC What is the OSC commission for Rs.7000/- ans: Rs.50/-
599 MISC STAT -5 and STAT -8 relates to what ? Ans: NRE & FCNR.
Hindi Pakhwara (fortnight) what is the time period ? 01st Sept to
600 MISC
14th Sept.
601 MISC In case cash withdrawal by using other bank ATMs what is ATM
charges ? Ans:- Rs. 20/- + service tax (5 transactions are free of cost)
When the recovery meet is observed ? Monthly (ref. Manual on
602 MISC
recovery, legal aspects)
When the Customer meet is observed . 15th of everymonth (if it is
603 MISC
holiday, next day)
What is P ? What is its pe iodi it ? A s:tate e t o
604 MISC
P io it e to Le di g Qua te l Last F ida .
In case of CANARA Global Credit Card what should be the turnover
605 MISC
so that the inactivity fee is not to be levied ? Rs 12,000/- for Canara
Standard Classic Card, and Rs.25000/- for Canara Gold Card
In case of renewal of debit card whether the card and PIN should go
606 MISC in one cover or in different cover ? In different cover (each
communication in separate cover)
An employee can remain in leave continuously for how many days
607 MISC and after words for joining the duty Bank has to give him a notice of
--------- days ? 90 days & 30 days.
In case of Right to Information Act, what is the time norm for
608 MISC providing information where there are cases concerning Life and
Liberty ? Ans:- 48 hours.
In case of delay in crediting the RTGS remittance amount to
609 MISC e efi ia s a ou t a h ill pa o pe satio at hat ate?
REPO Rate + 2%
In case of defect in documentation it comes under which type of
610 MISC risk ? Legal Risk. ( Legal Risk is Part of Operational Risk as per Basel
II)
RBI has announced incentive scheme for customer service wherein
611 MISC if banks distribute coins across the counter what is the amount of
incentive ? Ans: Rs.25/- per bag
Under Tier II capital, Revaluation Reserves are taken at what rate:
612 MISC Ans: At 55% discounted rate, net 45% is considered under Tier II
capital.
Tier II capital should not be more than ____ % of Tier I capital: 100%
613 MISC
(Tier II should not be more than Tier I capital)
In case of BASEL II what is the first pillar ? Ans:- Minimum capital
614 MISC
requirement
Complaints can be made to Ombudsman when a period of more
than ____ has not lapsed after receipt of Bank reply: Ans: 1 year. If
615 MISC
reply is not received, it can be made within 1 year 1 month from the
date of complaint.
Validity of cheque: now 3 months from 01-04-2013 is mentioned in
616 MISC
which ACT? Answer: RBI prescribed.
In case of clearing difference, it is to be rectified in how many days?
617 MISC
Ans: 30 days (cir no.319/2008)
What is the cash handling charges ? No charges for cash
remittances of upto Rupees One Lakh per day per account. For cash
deposits above Rs. 100000/-, cash handling charges @ Re. 1/- per
618 MISC
Rs. 1000/- or part thereof shall be collected, subject to a minimum
of Rs. 100/- and a maximum of Rs. 5000/- per transaction(wef
01.02.2016)
619 MISC Which one of the following is the advantage for the Bank in joining
CGMSE Ans: Coverage and Zero Percent Risk Weightage
Job rotation for clerical staff should be done in every ______: Ans :6
620 MISC
months.
621 MISC
Delayed collection beyond abnormal period: Ans :SB Rate + 2%.
622 MISC Buy Now Pay Later - What type of card: Ans :Credit Card.
RBI Authorisation policy - where RBI permission not required: Ans
623 MISC
:Tier 3 to Tier 6 branches.
A fraud of Rs.26 crores occurred. To whom we have to report? Ans:
624 MISC CBI Ba ki g e u it a d F auds Cell fo f auds of s. a d
above.
CBOA HYDERABAD.
1 NI ACT ule i Cla to Case hi h ight applies: A s: et off
Dishonour of cheques of value less than Rs.1 crore, on
___________ occasions during the financial year will attract
2
NI ACT stoppage of cheque book facility and closure of account. Answer:
six (Cir. 134/2010).
Which of the following amounts to Material alteration? (a) Crossing
a uncrossed cheque (b) Filling the date (C) Change the amount (d)
3 NI ACT
Converting general crossing to spl crossing Answer: change the
amount
4 NI ACT Right of lien is not affected by : law of limitation.
The amount written in words and figures are differing in the cheque
5 NI ACT and the cheque can be : passed based on the legal amount i.e
words.
A&B are the partners in one firm and one of the partners of the
firm is the common partner in another firm.
6 NI ACT The current account of one firm is overdrawn and current account
of another firm is having sufficient balance: The debit balance in the
current account can not be adjusted out of credit balance in
another account as both are different accounts.
7 NI ACT Partnership deed is not registered by the partners : even then the
partners are jointly or severally liability for all the debts of the firm.
Deceased with Testate means deceased Ans - After Writing
8 NI ACT
Will(Other options are without will, etc)
9 NI ACT
Conversion : Deprives the interest of holder of instruments.
10 NI ACT
Private Limited Company can not be partner in : partnership firm
Cheque returned As per Sec 138 of NI Act,the punishment is
11 NI ACT
imprisonment : upto 2 years.
Cheque signed by the agent presented for collection and agent dies
12 NI ACT
: The cheque will be passed
In case of a/c operated by POA Principle dies & later on a cheque
13 NI ACT signed by POA presented: not to be passed as POA will be not
applicable as Principle dies
A Forged Cheque is passed by Bank, wherein forgery is done in such
a manner that it can not be identified with naked eye. Whether
14 NI ACT
Banker is liable: Ans: Yes, because it will not be construed as
mandate to debit the account
A Cheque is signed by an Agent. Cheque presented after death of
15 NI ACT agent. What is to be done: Cheque can be passed if it is otherwise
in order.
In case of Nomination, the nominee will get right after death of
16 NI ACT
depositor as: Ans: Trustee of Legal Heirs
Bailment of goods as security for securing payment of debt &
17 NI ACT
interest is under ___ process . Ans: Pledge
Inchoate instrument means _________. Ans: Incomplete
18 NI ACT
instrument
Paripassu means: Ans: Right on security to creditors in proportion
19 NI ACT
to the liability with in sanctioned limits.
What is a liability of legal heirs of a deceased borrower to the bank
20 NI ACT
: Ans: To the extent of assets inherited
52 NI ACT Limited Powers of the partners as per Sec 19(2) Of Partnership Act :
Withdrawal of suit, acquire/transfer of immovable property of firm
RBI is empowered to regulate Banking Companies Under : Banking
53 NI ACT
Regulation Act.
Statutory Audit of Banks under provision of .......Act. : Sec 35 of BR
54 NI ACT
Act
55 NI ACT In joint account one forced signature and one forged signature.
Mandate is valid / invalid. No mandate to make payment
What is the status of nominee? Ans: he is only trustee for legal
56 NI ACT
heirs.
What is/ are view/s on Third party cheques for collection in
Banking.- No problem with the same, b. Can not be permitted, c.
57 NI ACT
Better to avoid, Ans: a. No problem with the same, provided it is
duly endorsed
60 NI ACT What is the relation ship between Bank and depositor in the
cheque collection sent and received? Debtor , Creditor
If amount is differs in words and figures what amount is to paid :
61 NI ACT
Ans: Amount in words
80 NI ACT What is the RBI rule regarding writing of Nomination details in pass
book? Answer: Written only with the consent of customer.
Not egotia le ossi g ea s _______A s the t a sfe ee of
81 NI ACT
cheque cannot get better title than the transferor
The punishment under regular proceedings under section 138 of NI
82 NI ACT
act is ____years. Ans imprisonment up to 2 years
109 NI ACT Section 18 of Negotiable Instruments Acts states what? Words will
prevail on figure in case of difference in words and figures.
130 NI ACT In partnership a/c one of the partner is minor, after some time one
partner became insolvent, liability of minor is: He is not liable
131 NI ACT Charge in Hypothecation : floating
Minor can be admitted to partnership firm for the benefit of firm. A
minor has to give notice within _____________ after attaining the
132 NI ACT age of majority as to his election to be in the partnership. His
silence after that period will be taken as consent to continue in the
firm. Answer: 6 months
161 NI ACT Financial Director Dies - Cheque signed by him presented for
payment: Can be paid as he is signing in representative capacity.
Pari Passu charge: Equal rights to all creditors in proportion to their
162 NI ACT
loan quantum
Guarantee given by a minor: Cannot be ratified even when he
163 NI ACT
becomes major.
Cheque issued without balance what penalty: No penalty (Only on
164 NI ACT
dishonour, Court Proceedings)
Which of the following is not material alteration? Making Crossing,
165 NI ACT Filling the date which was not filled; Writing Bank name between
two parallel lines; Ans: All of these.
166 NI ACT How many days notice is required to be given to the borrower for
selling the possessed securities under SARFEASI Act? 30 days
I ase of Pa t e ship fi , pa t e s lia ilit is: Joi tl a d
167 NI ACT
severally.
Which Crossing restricts the transferability of Bill of Exchange:
168 NI ACT
Crossing is not applicable to B/E.
If a cheque is dishonoured, the beneficiary can demand payment
169 NI ACT from the drawer within ______ days of dishonour: 30 days as per
Sec 138 of N.I. Act.
In the Gold Loan, what is the charge that bank creates on the
170 NI ACT
ornaments taken as security: Pledge.
Can the bank fix the liability on the legal heirs in case of a loan
171 NI ACT given to their father, who has expired: Yes. Legal heirs are liable to
the extent of assets inherited.
In case of disposal of assets of deceased SB account holder, if legal
172 NI ACT heirs and nominee approach the bank simultaneously who should
be preferred: Nominee.
176 NI ACT Who are not eligible for becoming partners in Limited Liability
Partnership: a) HUF b) Minor c) Body corporate: Ans: a & b
Termination of contract with customer: when he dies / closing of
177 NI ACT
the account/ bankruptcy : All.
178 NI ACT Guarantor Z clears the loan availed by Borrower X. The securities
shall be released to Z under: Right of subrogation.
After the death of the Principal, the nominee receives the payment
179 NI ACT
in the capacity of: Trustee of Legal heir.
180 NI ACT
Co e ial Pape is: P o isso otes Negotia le i st u e t.
Agent dies and the cheque signed by agent on behalf of the
181 NI ACT Principal comes in clearing for payment: Can be paid if otherwise in
order.
A Forged cheque is passed by Bank, wherein forgery is done in such
182 NI ACT a manner that it cannot be identified with naked eye. Whether
Banker is liable: Yes.
202 NI ACT Implied authority of a partner does not allow ______ singly? Settle
a dispute relating to the business of the firm thru arbitration.
Bank is not required to produce original book of records but true
copy can be submitted when court has demanded as per which act?
203 NI ACT
a) Civil procedure code b) Registration act c) B.R. Act d)RBI act e)
Banker Books Evidence Act Ans: E
204 NI ACT Whethe WILL has to e egiste ed? Not e ui ed.
Nominee can claim payment when: Only after the death of
205 NI ACT
depositor as a trustee of legal heir.
Special Crossing - what is essential: Bank's name must appear with
206 NI ACT
or without two parallel lines.
If Garnishee Order does not specify any amount, it will be
207 NI ACT applicable or not: Applicable and full amount in the a/c will be
attached
Cheque issued without balance what penalty: No penalty (Only on
208 NI ACT
dishonour, Court Proceedings).
M/s Impex & Co has its registered office in Mumbai, and its factory
is at Kolkatta. The company has availed credit facilities from banks
209 NI ACT a h i Mu ai. The E uita le o tgage of o pa s
immovable property is to be created at _________: Any notified
town.
The authority under which the bank collects Supply Bills is
210 NI ACT
__________: Power of Attorney.
Ba ke Custo e elatio ship fo deposits is ____: De to
211 NI ACT
Creditor.
212 NI ACT
Co e ial Pape is: P o isso otes Negotia le i st u e t.
Agent dies and the cheque signed by agent on behalf of the
213 NI ACT Principal comes in clearing for payment: Can be paid if otherwise in
order.
In the Gold Loan, what is the charge that bank creates on the
214 NI ACT
ornaments taken as security: Ans: Pledge.
Can the bank fix the liability on the legal heirs in case of a loan
215 NI ACT given to their father, who has expired: Ans: Yes. Legal heirs are
liable to the extent of assets inherited.
226 NI ACT Nominee can claim payment when: Ans :Only after the death of
depositor (account holder) as a trustee on behalf of the legal heirs.
Whether Pvt. Company can be a partner in a partnership firm: Ans
227 NI ACT
:No.
Pari Passu charge: Ans :Equal rights to all creditors in ratio to their
228 NI ACT
outstanding.
Amount and words differ in cheque: Ans :Pass the cheque and pay
229 NI ACT
as pe o ds e of N.I. A t.
Cheque issued without balance what penalty: Ans :No penalty (Only
230 NI ACT
on dishonour, Court Proceedings).
CBOA HYDERABAD.
1 RT
Canara Money Loan is given against: Shares and Mutual Funds
2 RT Canara Budget. GM Power....10 Lacs (15 months salary)
3 RT
Ca a a ite Highe ua tu e t highe autho it ......%
Retail loans are sanctioned based on Application details and rating
4 RT
of marks and : ECAI rating is not required.
What is the income eligibility criteria for sanctioning Canara vehicle
5 RT loan for non salaried class. Ans: Rs.3.00 lacs evidenced by ITR/ITAO
for 4 wheelers
In Canara pension scheme, the maximum repayment period is ___
6 RT months for the persons below 65 yeras & ____months for above 65
years . Ans: 60 months, 48 months.
43 RT Out of the below mentioned options, which one is not eligible for
financing under Swarna Loan Scheme: Ans: Investment
44 RT
Mi i u Net Take ho e sala fo Tea he s Loa : A s: %
Under Canara Pension, we sanction loan to : a) All Senior Citizens
45 RT b)All pensioners c) Only pensioners drawing pension through our
bank d) our ex employees Ans: C
64 RT In case of Interest subsidy scheme on Housing Loans for LIG & EWS
interest subsidy is available upto loan amount of Rs.: Rs.5 lakh
In case of Educational Loans for Economically Weaker Sections,
65 RT upto what extent interest is waived : Total interest waiver till
repayment holiday period
In case of Housing Loan for purchasing site and construction
66 RT thereon, construction should start with in a period of_____ from
the date of first disbursement: 12 months
Canara HSBC insurance Protection cover is available for HL
67 RT
borrowers upto the age of: 69 years
68 RT Canara Guide Scheme is for : Income Tax Return Preparers
Canara Trade : Stock Statement periodicity for above Rs.50 lacs:
69 RT
Ans: Quarterly
70 RT Canara Mobile 4 wheelers eligibility: Rs.3.0 lacs // 40% NTH
Ca a a e t Qua tu : A s e : % e t e ei a les TD a d
71 RT
Advance received.
Tenanted properties to be discouraged for EMT. Which one is
72 RT
exempted from this? Answer: Canara Rent.
Under Canara Site loans, the eligibility criteria for salaried persons is
81 RT
_________and non-salaried persons is _________ Ans:Net Take
home salary 40% & Net income of Rs1 Lac in IT for 3 Years.
Under Home improvement loan, for repairs and renovation of
82 RT House, maximum amount of loan sanctioned is Rs._______
Ans:Rs.15 lakhs(cir 232/2013)
83 RT HL / Staff Risk Weight Answer: 20%
Canara Site Age of the applicant should not be more than: Answer
84 RT
:55 years
85 RT Canara Trade EMT of mortgage over 10 Lacs Answer: 133%
86 RT EL Without Security Upto Answer: RS. 4 Lacs
87 RT Margin for HL 2nd Unit Answer: 25%
Canara Mobile 4 wheelers Other than salaried individuals: This
category should have a minimum annual income of
88 RT
_______________ p.a. and above to be evidenced by ITAO/ITR.
Answer: Rs.3.00 lacs
100 RT In case of Large Branch, for granting CANARA BUDGET what is the
branch power? 6 Months gross salary subject to max. Rs. 3 Lacs.
What is the maximum amount that can be sanctioned against
101 RT
security of Flat under Canara jeevan ? Ans:- 25 Lac.
In case of EL if the interest is served during the pendency of loan
102 RT
what interest concession to be provided? Ans:- 0.5%
154 RT For Housing Loans, maximum amount of EMI that can be permitted
for salaried class, is to be taken as _______ of net salary: 50%.
Education Loan: Both Inland and Foreign under Priority sector: Ans :
155 RT
Rs.10 lacs
CBOA HYDERABAD.
Information assets as per IT policy Restricted/ Public/ Internal/
1 TECH
Confidential
IT Policy Access control in restricted area : No waiver for staff
2 TECH
members
What is the purpose of Disaster Recovery Plan : Ans: Alternate
3 TECH Server installed for smooth functioning of systems in case of failure
of Main Server (Blue Print)
Computer programme which spreads and interfere with files is
4 TECH
called as: Ans: Virus
Information Technology Act 2000 has helped the Banks while
5 TECH dealing with: Ans: Courts of Law while dealing with evidence in
electronic form
Local Area Network (LAN) is the character of: Ans: Group of Users
6 TECH
in specified area
7 TECH LAN stands for: Local Area Network
8 TECH Capital Letters shifting indicated in key board as: Caps Lock
9 TECH Following is not a Hardware: Windows
Computer can do the below mentioned functions: Ans: All ie
10 TECH
Addition, Substraction, Comparision
11 TECH Scanner Scans : Text and Pictures
12 TECH Adhoc reports refers : As of now
13 TECH Customer ID digits: 10
14 TECH Computer can perform: Computing, Storing, Retrieving
15 TECH Mouse performs the function of: Graphic User Interface
16 TECH WWW stands for: WorldWide Web
17 TECH CG stands for: Computer Graphics
Generating and sending pass sheet through email periodically to
18 TECH
customers: CHM34
19 TECH EFT : Electronic Funds Transfer
20 TECH To go to end of document, command is: Control+End
21 TECH CPU Stands for: Central Processing Unit
22 TECH Storage Device: CD, FLOPPY, DAT : All
23 TECH First package in the Bank: ALPM
24 TECH 1 GB is equal to: 1024MB
25 TECH Speed of computer depends on: Capacity of Processor
RBI has installed in IDRBT the network between Banks and
26 TECH
Financial Institutions: INFINET
27 TECH Common unit of measurement of computer memory: Byte
28 TECH Microsoft word is: Application software
29 TECH SPNS: Shared Payment Network System
30 TECH DFS : Distributed File System
31 TECH Information stored in Computer as: Analog
32 TECH In CHM37, S stands for: Stopped Cheque
33 TECH Brain of Computer: CPU
34 TECH Firewall is meant for: Security & Authentication
35 TECH Mandatory for a PC: Hardware & Software
Bank Computerisation started after which committee
36 TECH
recommendations: Rangarajan Committee
37 TECH ISC stands for : Internet Storm Centre
38 TECH Linking of PC with telephone: Modem
39 TECH OSS stands for: Open Source Software
40 TECH Output device: Printer
41 TECH ISP stands for: Internet service Providers
42 TECH Electronic Finger: Mouse
43 TECH Cannet is best example for : Intranet
44 TECH
Completely migrated to CBS by our Bank in which year: 2010
45 TECH Transfer of funds without customer intervention: IMB
46 TECH Missed call alert for balance: 09289292892
47 TECH ECS stands for: Electronic Clearing Service
48 TECH
In 13 digit CBS account, 5th to 7th digits indicate: Product Code
49 TECH Print Option: Control+P
Member establishments collects amount from Debit Card/Credit
50 TECH
Card holders through which mode: POS
In computer environment, where the processor works with speed :
51 TECH
Micro computer
52 TECH Chip system:
53 TECH M I C R full form : Magnetic Ink Character Recognition
54 TECH RETAIL MODULE PASSWORD MINIMUM LENGTH...8
105 TECH E TDS - 26Q (tax deduction other salaries) to be filed for the month
of September, before: (Cir 137/2011) Ans: 15th October
ECS returned : After how many number of ECS returns, we can
106 TECH
close the account: : 4 times
107 TECH NEFT Batches of settlement: 12 on week days
108 TECH IMB pass word expiry : One Year
109 TECH ATM ash he ki g Pe iodi it : Qua te l
110 TECH IMB transaction amount : Rs.2 Lakhs(Retail)
Morphing means Animation: An animation technique in which one
111 TECH
image is gradually turned into another.
112 TECH Starting of computer is called as: Booting
113 TECH Expand WAN : Wide Area Network
In a building premises which type of computer network will be
114 TECH
applicable : Local Area Network (LAN)
115 TECH
Definition of Hacker : a computer expert with criminal intentions