ADDITIONAL QUESTIONS AND ANSWERS FOR SUB STAFF PROMOTION TEST 2016

* - denotes correct answer

  1. Swach Bharath mission means:
  1. Painting entire buildings in India in white paint
  2. Wearing of white clothes by all citizen
  3. Cleaning the entire streets in India on 2.10.2015 only
  4. Mission started by our Prime Minister on 2.10.2014 for providing a

Clean India.*

  1. Missed call alert for balances in the accounts of the customer from our Bank is from the following Number.
  1. 09298292892
  2. 09289192891
  3. 09015483483*
  4. The respective branch phone number
  5. None of the above.
  1. Mudra is a ……………..Scheme.
  1. A scheme for sanction of loans to dancers
  2. A loan scheme for small entrepreneurs for loans under 3 caegories-shishu,kishore and tarun*
  3. A deposit scheme for new entrepreneurs
  4. None of the above
  5. All the above.
  1. Alternate banking channel means:
  1. ATM machines
  2. Internet banking
  3. E Info book
  4. Mobile banking
  5. All the above.*
  1. Senior citizens are eligible to get a preferential rate on the following deposits:
  1. FD and KD only
  2. Savings Bank deposits
  3. Term deposits and RD accounts*
  4. None of the above
  5. All the above.
  1. Suganya Samridhi Scheme is:
  1. A loan scheme of Central Government
  2. A loan Scheme of the Bank
  3. A deposit scheme for the girl child launched by Govt of India through Post offices and PSBs*
  4. None of the above
  5. All the above.
  1. We can transfer funds based on request of the customers received through E mail or fax message provided:
  1. The manager of the branch permits
  2. The Circle Office permits
  3. The HO permits
  4. Only to deposit accounts
  5. Not to be acted upon.*
  1. CANARA GALAXY is a ……………..scheme.
  1. A loan scheme for scientists
  2. A deposit scheme for scientists
  3. An SB account scheme combining SB and Trading accounts with many features*
  4. None of the above
  5. All the above.
  1. Customers of our Bank using other Bank ATMs are charged for:
  1. Operations exceeding 3 financial and non financial transactions*
  2. Operations exceeding 5 financial transactions
  3. Operations exceeding 10 financial and non financial transactions
  4. No such restrictions
  5. None of the above.
  1. Under Canara Galaxy SB Account (product 136) the following are true:
  1. No initial deposit/ minimum monthly balance
  2. At par personalized credit card and debit card issued
  3. Waiver of AMC for DEMAT account and charges for RTGS,NEFT and SMS.
  4. Personalised cheque book and Debit card delivered at doorstep
  5. Free personal accident insurance of Rs.500000
  6. All the above are true.*
  1. For debit of Platinum Debit card, the following is true.
  1. Annual Fee is waived
  2. Inactivity fee of Rs.500 p.a. is levied if the average usage is less than Rs.50000*
  3. Card issued free for all SB account holders
  4. A and B are true
  5. None of the above.
  1. MUDRA Bank was started by the Government for:
  1. Giving loans to dancers
  2. Giving loans to bharthanatya dancers
  3. A scheme to regulate and refinance MICRO Finance institutions*
  4. A Scheme to give loans to Banks
  5. None of the above.
  1. Amount of minimum balance for Savings Accounts (General 101 product)is:
  1. Rs.500 for accounts with cheque book
  2. Rs.1000 for with or without cheque book*
  3. Rs.100 for accounts without cheque book
  4. Rs.1000 for accounts with cheque book
  5. None of the above.
  1. SURAKSHA VRIDHHI is a scheme launched by:
  1. Canara Bank for insurance for customers
  2. Insurance Scheme for staff
  3. Mediclaim scheme for staff/customers with united India Insurance co ltd
  4. A scheme launched by Canara Robeco for capital protection mutual fund*
  5. None of the above.
  1. The IBA mediclaim Scheme is launched in association with:
  1. United India Insurance Co ltd*
  2. Medi assist india ltd
  3. New India Assurance co ltd
  4. Canara HSBC OBC insurance ltd
  5. None of the above.
  1. E Lounge in our Bank means:
  1. Banking Hall where chairs are provided
  2. ATM room
  3. Branch manager’s Cabin
  4. A facility where ATM,Cash Acceptor Machine, PB printing machine ,cheque depository machine ,PC for net banking are provided*
  5. None of the above.

ADDITIONAL QUESTIONS AND ANSWERS FOR SUB STAFF PROMOTION:

* - denotes correct answer

1. Unclaimed Deposits are transferred to RBI

a. Once in a year on 31st December *

b. Once in a year on 1st January

c. Twice a year June and December

d. Once in 10 years

e. None of the above.

2. Minimum balance under Canpremium is:

a. Rs.50000

b. Rs. 100000*

c. Rs.15000

d. Rs.25000

e. Rs.10000

3. Maximum amount of loan that can be granted against CANTAX SAVER is:

a. 60% of the deposit amount

b. 80% of the deposit amount

c. 75% of the deposit amount

d. No loan can be granted*

e. 75% with the permission of HO.

4. Business correspondents will perform the following functions:

a. Collection of small value deposits

b. Recovery of loans

c. Sale of micro finance, mutual fund products

d. small value remittances

e. All the above functions*

5. Bunisess facilitators will perform the following functions:

a. Identification of borrowers

b. Processing of loan applications including preliminary information

c. Post sanction moniotoring

d. Follow up of recovery

e. All the above functions.*

6. SB interest is calculated on the following basis:

a. Monthly product basis

b. February and August month products

c. Half yearly product basis

d. Daily product basis*

e. None of the above

7. What is NO FRILL account?

a. Another name of Cansaral account

b. ordinary canara bank savings account

c. Zero balance account

d.. Financial inclusion SB account*

e, None of the above.

8. Customer Fortnight is observed every year in the month of:

a. November*

b. Every month

c. July

d. March

e. August

9. Cash remittances through NEFT for Walk in customers/Non customers :

a. Not permitted in our Bank

b. Permitted upto Rs.50000*

c. Permitted upto Rs 1 lac

d. Permitted upto Rs 10000 only

e. Any amount with the permission of the Manager.

10. MIlestone award permitted to employees :

a. Rs.2000

b. Rs. 5000

c. Rs.10000*

d. Rs.15000

e. the award is discontinued.

11. Non wearing of livery on duty is considered as:

a. Major misconduct

b. Minor misconduct*

c. Disobedience

d. Not on duty

e. personal preference

12. Loan scheme for purchase of books by staff members:

a. Canara budget

b. Canara books

c. Gnana Ganga

d. Canara textbook

e. Now Cancelled*

13..LSR in housing loan is give by:

a. Branch manager

b. Panel valuer

c. Panel Engineer

d. Panel advocate*

e. District magistrate

14. Quantom of gold loan is arrived at:

a. Rs.1850 per gram or 80% of the appraised value of the jewels*

b. Net weight less wastages

c. Rs.1500 per gram or 80% of the appraised value of jewels

d. Rs.1800 per gram of gold

e. None of the above

15. KISSAN TATKAL means:

a. To meet post harvest expenses

b. To tide over temporary difficulties

c.. eligible for KCC holders

d. Single transaction Term loan

e. All the above.*

16. What is meant by SME SULABH?

a. Separate branch for SME loan saction

b. Loan follow up section set up by CO.

c. SME loan helpdesk

d. Easy loan for small and medium industries*

e. None of the above.

17.. A student going abroad is given the ...... status.

a. Resident status

b. NRI Status*

c. Indian student aborad status

d. QA 22 status

e. Foreign Status.

18. Canara Dhanvarsha is a scheme for:

a. A Special Deposit Scheme

b. A flexi RD deposit scheme*

c. A KDR canflexi scheme

d. A special NNND Scheme

e. None of the above

19. Under Canara Dhanavarsha Scheme, installments in multiples of Rs......

can be paid.

a. Rs.1000*

b. Rs.100

c. Rs.50

d. Rs. 500

e. Rs.200.

20. A computer programme written with bad intention to destabilise programmes in a computer is known as:

a. CD

b. DAT

c. DVD

d. Pirated CDs

e. Virus*

21. Transfer of funds by customers without coming to Bank can be done through:

a. ATM

b. Internet banking

c. Mobile banking

d. All the above*

e. None of the above

22...... is known as eletronic finger of the computer.

a. Mother board

b. Keyboard

c. Monitor

d. Printer

e. Mouse.*

23. The signature of a customer can be captured using the following machine:

a. Keyboard

b. Fax machine

c. Scanner*

d. All the above

e. None of the above

24. CANNET is:

a. Internet

b. Website of our bank

c. Intranet of our Bank.*

d. IMB of our customers

e. None of the above

25. Website of our bank is:

a. www. Canbankindia.com

b.

c.

d.

e. None of the above

26. Processing of salary for employees in our Bank is done through

a. CBS package

b. ALPM Package

c. Head Office Salary payment system

d. HRM Package*

e. None of the above

27. ATM complaints if any are to be resolved in ...... days

a. 7 days*

b. no time limit

c. 30 days

d. Immediately

e. 15 days

28. CBS node in a branch is connected to central server through:

a. Leased line*

b. Electrical wire

c. Telephone connection

d. T M Section Circle office

e. DIT at Head Office

29. Loan agreements are to be stamped with:

a. Revenue Stamp

b. Court Fee stamp

c. Non Judicial Stamp*

d. All the above

e. None of the above

30. An undated cheque can be filled up by:

a. Payee

b. Holder in due course*

c. Paying Banker

d. All the above

e. None of the above

31. EC (Encumbrance Certificate ) is obtained for last...years in HL

a. 12 years

b. 13 years*

c. 15 years

d. 10 years

e. 25 years

32. Which of the following will give net profit?

a. Trading account

b. Profit and loss account*

c. Balance sheet

d. All the above

e. None of the above

33. Which of the following are Non performing assets?

a. Old furniture items in branches

b. Old furniture in Premises Section

c. sub standard assets

d. Cash held over and above Cash limit

e. Substandard, doubtful and loss loans and advances*