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Recalled Questions 19.09.2010 Exam For Scale 3 To 4: Canara Bank RSTC Gurgaon/Hyderabad
Recalled Questions 19.09.2010 Exam For Scale 3 To 4: Canara Bank RSTC Gurgaon/Hyderabad
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Canara Bank RSTC Gurgaon/Hyderabad
53. Tenanted properties to be discouraged for EMT. Which one is exempted from this? Answer: Canara
Rent.
54. Fraud of more than Rs.2 Crores with prima facie evidence of staff involvement. It has to be reported to :
Answer: CBI-Anti corruption bureau.
55. PMEGP subsidy is to kept in: Answer: Term Deposit Receipt for 3 years – No interest.
56. CDR 1 and CDR 2 accounts: Answer: Standard & Substandard // Doubtful
57. In case of Bill of exchange, drawers responsibility: Answer: Primary till acceptance by drawee and
secondary after acceptance by drawee.
58. A cheque is presented with words and figures differ. As per section 18 of NI act what should be done by
bank? Answer: Pass the amount as per words.
59. An account is to be classified as NPA if: Interest is not paid for _____________(30 /60/90) days from
the date of _____________ (debit / quarter end) answer: 90 days // debit.
60. Classification in Priority of loans given to Repairs to House upto __________in rural and semi urban
areas and upto Rs._______________ in urban and metro. Answer: Rs.1 lacs / Rs.2 lacs.
61. Working capital limits more than 25 crores may be assessed under: Cash budget or MPBF as per the
choice of borrower.
62. Educational loan repayment holiday: 24 months from the course completion or 6 months from getting
job whichever is earlier.
63. What is the loan for individual and group under Micro Credit Group? Answer: Rs.50000/- and Rs.5 lacs.
64. Auto Renewal of Deposit exempted not applicable to: Minor / Encumbered deposit / Instruction
otherwise given by party / All the above. Answer: All the above.
65. RD minimum period and multiples thereof: answer: 6 months and 3 months.
66. Rupee Post-shipment Export Credit – Period: In case of usance bills, credit can be granted for a
maximum duration of ______________days from date of shipment inclusive of Normal Transit Period
(NTP) and grace period, if any. Answer: 365.
67. Loan Scheme For Reimbursement Of Investment Made In Fixed Assets By SMEs -
Quantum of Loan for old machinery and age Answer: Maximum of Rs 15 lakhs for second hand
machinery which is not more than 2 years old.
68. The bank shall, unless it has preferred an appeal, within __________ from the date of
_________________ by the complainant, comply with the Award and intimate compliance to the
Banking Ombudsman. Answer: one month // receipt by it of the acceptance in writing of the Award.
69. Janashree Bima Yojana: Death cum Disability insurance scheme by LIC of India. Coverage: Natural
death Rs.30000/- , Death due to accident Rs.75000/- .
70. Interest Subsidy Scheme For Housing The Urban Poor (ISHUP) : Loan quantum Upto
_____________ for EWS and ______________ for LIG. Answer: Rs.1 lakh loan // Rs.1.60 lacs.
71. Preparation of bilingual training material C Regions – Answer: 100%
72. The words “about” or “approximately” is used in connection with the amount of the credit or the
quantity or the unit price stated in the credit are to be construed as allowing a tolerance not exceeding
_____ _________ than the amount, the quantity or the unit price to which they refer. Ans: 10% more or
10% less.
73. A cheque signed by agent is presented for payment after his death. What should the bank do: Answer:
The cheque will be paid if otherwise in order
74. Under the Basic Indicator Approach, banks must hold capital for 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%
75. NEFT return timings: Batch + 2 hours.
76. Canara Kisan OD Ceiling per acre mortgaged: _________ subject to ___________ of value of
mortgaged landed property. (Cir.189/2010) Answer: Rs.1.50 lakh per acre // 50%.
77. Scheme for Re-imbursement of service charge + service tax levied on petrol transaction done through
Canara Credit cards" Cir. 235/2009 Minimum turnover on purchase transaction (including petrol
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Canara Bank RSTC Gurgaon/Hyderabad
transactions) done through the card during the billing month shall be ______________ Answer: Rs
2,500/-.
78. Dishonor of Cheque of Rs.1.00 crores and less 6 times will attract which of the following actions?
Answer: Cheque book stopped. Account may be closed. One time fees of Rs.1000 is not there.
79. Loan to value ratio is more than 75% in HL. What is the risk weight? Answer: 100%
80. Wherever we are leaders in the consortium, the lead bank fee is to be collected on the total fund based
___________ limits from the consortium as a whole at the rate of _________% p.a. i.e. the charges to
be collected normally. (Cir.68/2010) Answer: working capital credit // 0.30%
81. Current Assets 600/- ; Long term sources – 600/- ; Total balance sheet total one side – Rs.1000/- What
is CR and NWC? Answer: CR – 1.5 // NWC – 200
82. DSCR calculation: PAT – 100/- ; Income tax 30; depreciation – 50 ; Interest on term loan – 50/- ;
installment on TL – 75%; answer: 1.60
83. Classification of branches: Average aggregate deposits and advances of Rs.120 crores and 40 crores
respectively. The classification is______ Answer: VLB.
84. DPG commission > 2 years. Permission for payment annually if minimum amount is more than
_________ and first shot is _____________.
85. Collection of DPG Commission in instalments: Collection of Commission on DPGs/Co-acceptance of
bills on deferred basis may be permitted in exceptional cases. In case of DPGs of duration/bills co-
accepted with usance of more than 2 years and where the total commission chargeable is
________________, the amount of commission may, at the discretion of sanctioning authority, be
collected in instalment at the specific request of the party. The first of such instalment shall not be less
than __________________ and the balance of commission should be collected in equal instalments
payable at the commecement of each subsequent year. (Source: TL Manual) Answer: Rs.1 lakh or over
// Rs.25,000/-.
86. Banks may shift investments to/from HMT with the approval of the Board of Directors
_______________. Such shifting will normally be allowed at the beginning of the accounting year. No
further shifting to/from HTM will be allowed during the remaining part of that accounting year.
Answer: once a year.
87. Under canara jeevan, the maximum loan for independent house and flats: Rs.50 lacs and 25 lacs.
88. Rs.80 lacs MSE loan sanction to women entrepreneur. In case of default CGMSE cover is available for :
Answer: Rs.55 lacs.
89. Indirect finance to agriculture under custom service units can be given upto a maximum of
Rs.______________ Answer: Rs.50 lacs. Refer : AC and ABC.
90. Term loans other than infrastructure but more than Rs.100 lacs. What is the FACR? Howmuch can be
relaxed? Answer: 1.33 // 1.20
91. Adhoc overlimit time period? Answer: 10 days in a row and 15 days in a month.
92. SME debt restructuring – What is amount upto which branch can do viability study beyond which panel
valuer/ chartered account etc will prepare the same? Answer: Rs.25 lacs.
93. Housing loan reimbursement by GM upto what % of loan quantum and period less than _______
Answer: 25% // 3 months.
94. 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 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)
95. Terms and Conditions Applicable to Innovative Perpetual
Debt Instruments (IPDI) to Qualify for Inclusion as Tier I Capital: The total amount raised by a bank
through innovative instruments shall not exceed _____________ per cent of total Tier I capital. Not
more than _______________ per cent of the eligible amount can be issued in foreign currency.
Answer: 15 // 49.
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Canara Bank RSTC Gurgaon/Hyderabad
96. 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 for
Scheduled Commercial Banks (SCBs) _______________________. Answer: without any floor or
ceiling rate.
97. SGSY: For all individual loans exceeding _______________ and group loans exceeding
_________________, in addition to primary security such as hypothecation / mortgage of land or third
party guarantee as the case may be, suitable other secondary collateral security may be obtained at the
discretion of the bank. Answer: Rs.1 lakh // Rs.10 lakh.
98. Deposit closed before maturity before completion of 46 days. What is the applicable rule? (a) Penalty
1% (b) Penalty 2% (c) No penalty (d) ROI for period run – 1% Answer: (c).
99. What is the RBI rule regarding writing of Nomination details in pass book? Answer: Written only with
the consent of customer.
100. Which of the following is not part of Tier II capital? Floating provisions // Provision for Standard
asset // disclosed free reserves. Answer: