Central Office - Chennai

Canara Bank Employees’ Union

Central Office - Chennai

GENERAL BANKING

1. Late payment of Self cheques after business hours can be extended as per

(a) RBI Directives

(b) IBA Guidelines

(d) Goiporia Committee Recommendations

2. Standard cash limit is fixed by

(a) Head Office

(b) Circle Office

(d) Individual branches

3. Cash received & Cash paid stamps should be placed in

(a) Cash counter under lock & key

(b) Single lock box

(d) Single lock box under lock & key

4. Following loose currency notes can be kept in SL box

(a) Rs. 50/-

(b) Rs. 100/-

(d) None of the above

5. A Bundle of Rs. 1,000 denomination contains

(a) Rs. 10,000

(b) Rs. 1,00,000

(d) Rs. 1,00,000,00

(e) None of the above

6. For quality of the cash currency accepted, the responsibility is that of

(a) Shroff & both the key holders

(b) Shroff only

(d) Shroff & the Manager

7. Cash cheque inclusive of cash DDs payable of the following amounts are to be verified under ultra violet lamp before sending them for payment

(a) Rs. 10,000/- and above

(b) Rs. 1,000/- and above

(d) Rs. 15,000/- and above

8. In respect of late cash payment the cheque should bear the cash paid stamp

(a) Pertaining to the actual date of payment

(b) Pertaining to the date of debit

(d) Either date

9. Exchange of cut/soiled notes

(a) Can be done for our bank/branch customers only

(b) Can be permitted for public by all PSB/private banks

(d) Can be done Treasury only

(e) None of the above

10. Currency notes bearing the following written on their face will not be legal tender

(a) Rubber stamp of any concern

(b) Initial of individual

(d) None of the above

11. Whenever there is a cash shortage, concerned employee should

(a) Should reimburse the amount

(b) Should give an explanation

(d) None of the above

12. Investigation has to be conducted compulsarily if the cash shortage is Rs...... & more`

(a) 2,500/-

(b) 5,000/-

(d) 25,000/-

13. For refund of excess cash, indemnity ( stamped / unstamped) has to be obtained if the amount exceeds

(a) 2,500/-

(b) 5,000/-

(d) 1,000/-

14. Cash remittance through one person not below the rank of Clerk can be done upto

(a) 25,000/-

(b) 50,000/-

(d) 40,000/-

15. When a customer reports that his/her ATM card is lost

(a) He can contact the toll free number for hot listing

(b) He can visit the base branch for hot listing

(d) All the above

(e) None of the above

16. Employees should avail compulsory leave for …… days in the calendar year

(a) 6 continuous days

(b) 4 continuous days

(d) All PL in his account

(e) No such provision

17. Gift Cards are introduced in our bank in the denomination of

(a) 500

(b) 1000

(d) 100

(e) None

18 SIP in mutual fund means

(a) System Interest Payment

(b) Spcial Interest Payment

(d) None of these

19 Hot list for cancard is issued on

(a) First Sunday of every month

(b) Second Sunday of every month

(d) Fourth Sunday of every month

20. Our MD & CEO is :

a. Sri V Raman

b. Sri R K Dubey

c. Smt Archana Bhargava

d. Sri A K Gupta

e. Sri Rakesh Sharma.

21. Outstanding entries under Sundry Deposit are to be reported is

(a) PRR 6

(b) PRR 5

(d) None

22. For cash withdrawal under cancard SC Rs.... is collected per 1000

(a) 20

(b) 30

(d) 15

23. TODs on A/c of FTVs should be cleared within

(a) 7 days

(b) 15 days

(d) 21 days

24. 1. LFC means:

a. Leave facility casual

b. Leave fare concession

c. Leave for family concession

d. Leave for credit

e. None of the above.

25. Immediate credit of local cheque has to be permitted

(a) Only if the customer desires

(b) Without any request from customer

(d) No such facility

26. For settlement of nomination claims, branch powers are upto

(a) 25,000/-

(b) 50,000/-

(d) Irrespective of amount

27. Payment of cash after business hours can be permitted by Manager upto Rs.

(a) 50,000/-

(b) 10,000/-

(d) 8,000/-

28. E-mail service means

(a) Messaging service

(b) Messaging service, file transfer

(d) Courier

(e) a & b

29. For cheque returned by us in clearing interest is to be collected if the cheque amount is

(a) 60,000/- and above

(b) 50,000/- and above

(d) 1 lac and above

30. A cheque in which crossing is opened by drawer (i.e crossing is cancelled) with his signature, can be paid

(a) Across the counter to bearer

(b) To the drawer (a/c holder) or his authorised agent

(d) To the bearer if amount is 5,000 or less

31. Single draft of Rs. 10 lacs and above can be issued by

(a) All our branches

(b) All our metro branches only

(d) All metro, urban & semi urban branches only

32. Immediate credit for OSCS for amount not exceeding Rs...... can be afforded.

(a) 5,000/-

(b) 7,500/-

(d) 15,000/-

33. Maximum amount of cash withdrawal for other branch cheques under CBS is

(a) 25,000/-

(b) 20,000/-

(d) 40,000/-

34. In ATMs, cash withdrawal limit per day is

(a) 10,000/-

(b) 15,000/-

(d) 25,000/-

35. For issue of DDs for Rs.10 lac & above, issuing branch has to send confirmation to drawee branch by

(a) Regd post

(b) By telegram

(d) waived in CBS System

36. DD Stationery is available in

(a) 4 Colours

(b) 3 Colours

(d) None of the above

(e) All the above

37. Minimum amount of deposit or withdrawal (cash remittance from/to) currency chest

(a) 50,000/-

(b) 1 lac

(d) No such limit

38. Claims relating to excess cash can be settled at branch level without referring to C.O. upto Rs.

(a) 5,000/-

(b) 500/-

(d) 10,000/-

39. Issue of DD should be by debit to customer a/c only if DD amount is

(a) 50,000/- & above

(b) 20,000/- & above

(d) 40,000/-

40. Revalidation of DD can be done

(a) Within 6 Months from the date of issue

(b) After 3 Months before 1 year from the date of issue

(d) After 6 Months but before 3 years from the date of issue

41. Physical verification of jewel loan packets amount as at

(a) Last Friday, June & December

(b) Last day, June & December

(d) Last day, March & September

42. Collection of advance rent from SDL hirers (Locker holder) can be for...... years’ rent

(a) One

(b) Two

(d) Four

43. Disbursement of VSL proceeds should be credit to a/c (No cash) if loan amount exceeds

(a) 20,000/-

(b) 25,000/-

(d) No such restriction

44. Transmission of cash through a substaff can be made upto a maximum of

(a) 1,000/-

(b) 2,000/-

(d) 10,000/-

45. Escort of one armed guard is a must, if a remittance exceeds

(a) 10 lacs

(b) 20 lacs

(d) 50 lacs

46. Number of RRBs sponsored by our Bank are

(a) 5

(b) 6

(d) 10

47. Issue of DD for Rs.50,000 and above by accepting cash can be made

(a) If the purchaser is Govt./Quasi Govt. Dept.

(b) Transfer between department

(d) All the above

(e) a & b only

(f) Such DDs cannot be issued

48. The interest rate payable for delayed collection of OSC is

(a) SB Rate

(b) FD Maximum rate

(d) FD Minimum rate

49. Any debit to SL to be authenticated by

(a) Any P.A holder

(b) By 2 P.A. holder

(d) By branch in charge

50. A DD is issued for Rs. 10,000/- which number on the right hand side should be punched?

(a) 0

(b) 5

(d) None

51. A DD is issued for Rs. 50/- which number on the right hand side should be punched?

(a) 0

(b) 5

(d) None

52. 1. Partners of our joint venture in insurance business:

a. HDFC Bank and ICICI bank.

b. HSBC and OBC

c. IOB and ABN AMRO bank

d. Corporation bank and vijaya bank

e. Aviva and United India Insurance co.

53. For responding of branch advices

(a) Branch advice in physical form needed

(b) Branch advice not required

(d) All the above

54. Cash payment after business hours can be made only against

(a) Cheques

(b) Withdrawal order forms

(d) Debit slip

55. The linking computers with telephone is done by:

a. Modem

b. Assembly of wires

c. Plug points

d. Electrical wires

e. Set top box.

56. CBS facility can be availed by customers of

(a) SB

(b) Current A/c

(d) All the above

(e) a & b only

57. When an account for which ATM Card is issued, is closed ATM Card should be

(a) cut into 2 pieces and given to Customer

(b) sent the card to Cancard Division

(d) cut and destroyed

58. The advance rent collected for SDL should be kept in

(a) SL A/c

(b) Term deposit

(d) Sundry deposit

59. Service tax has to be collected by branches on

(a) Interest collected

(b) Commission

(d) All these

(e) a & b only

60. Punishment for the offence committed under Sec.138 of Negotiable Instruments Act,(for cheque return for want of funds) can be imprisonment upto

(a) 6 months

(b) One year

(d) 3 months

61. Number of circles and Regional Offices in our bank

a) 21 C.O

b) 30 C.O

c) 47 C.O.

d) 28 C.O.

e) 16 C.O. and 98 RO

62. Issuance of a DD for Rs.1 lac and above where only one PA is available

(a) Cannot be issued

(b) Duly incorporting that only one PA holder is available or with “single signatory only” seal affixed on the DD

(d) The only PA holder to sign twice

63. The second key in the absence of supervisory staff normally to be held by

(a) Senior most clerk as per seniority in the bank

(b) Any clerk of the branch

(d) Senior most clerk as per service in the branch (i.e.’’branch seniorty”)

64. Proceeds of OSC cheques for Rs.... and above should be remitted by crossed DD only

(a) 10 lacs

(b) 5 lacs

(d) All by branch advice only

65. Whenever cash is accepted after business hours, the challan and counterfoil should be affixed with the following stamp

(a) Late cash received

(b) Too late for today’s credit

(d) Only date seal to be affixed

66. Cash shortages detected by the inspecting officer should be reported as fraud, if the shortage is Rs...... and above

(a) 10,000/-

(b) 5,000/-

(d) Irrespective of the amount

67. Canara Mediclaim policy is issued with arrangement from

(a) New India Assurance Co Ltd

(b) United India Insurance Co Ltd

(d) Canara HSBC Life Insurance

(e) National Insurance Co Ltd

68. DD can be signed by

(a) Authorised signatories upto their powers

(b) By one or two PA holder only depending on the amount

(d) Any 2 signatories with one being a PA holder

69. Printing of CBS branch advices is done

(a) upto 1000

(b) above 1 lac

(d) dispensed with in CBS branches

70. Cash withdrawal through Merchant outlets permitted upto Rs

(a) 10000

(b) 5000

(d) 1000 per Day

(e) none of the above

ANSWERS

GENERAL BANKING

1. (c) Branch Manager’s discretion

2. (c) Regional Office

3. (c) Single lock box & kept in Double Lock

4. (d) None of the above

5. (c) Rs.10,00,000

6. (b) Shroff only

7. (b) Rs. 1,000/- and above

8. (b) Pertaining to the date of debit

9. (b) Can be permitted for public by all PSBs/Private banks

10. (c) Conveying message of political characters

11. (c) Both a and b

12. (c) 10,000/-

13. (c) Irrespective of the amount

14. (a) 25,000/-

15. (d) All the above

16. (b) 4 continuous days

17. (a) 500

18. (c) Systematic Investment Plan

19. (a) First Sunday of every month

20. (e) Sri Rakesh Sharma

21. (c) PRR 43

22. (b) 30

23. (b) 15 days

24. (b) Leave fare concession

25. (a) Only if the customer desires

26. (d) Irrespective of amount

27. (b) 10,000/-

28. (b) Messaging service, file transfer

29. (b) 50,000/- and above

30. (b) To the drawer (a/c holder) or his authorised agent

31. (c) All our metro & urban branches only

32. (d) 15,000/-

33. (c) 50,000/-

34. (c) 40,000

35. (d) waived in CBS system

36. (c) One colour

37. (b) 1 lac

38. (b) 500/-

39. (a) 50,000/- & above

40. (b) After 3 Months before 1 year from the date of issue

41. (a) Friday, June & December

42. (c) Three

43. (a) 20,000/-

44. (b) 2,000/-

45. (b) 20 lacs

46. (c) 8

47. (d) all the above

48. (c) FD Rate for period run

49. (d) by branch in-charge

50. (c) 1

51. (c) just below the number panel

52. (b) HSBC and OBC

53. (b) branch advice not needed

54. (c) Cheques/withdrawal order form

55. (a) Modem

56. (d) all the above

57. (d) cut the card and destroy the same

58. (b) Term Deposit

59. (b) commission

60. (c) 2 years

61. (e) 16CO and 98 RO

62. (a) cannot be issued

63. (c) Clerk entrusted with cash duties

64. (b) 5 lacs

65. (b) Too late for today’s credit

66. (d) Irrespective of the amount

67. (b) United India Insurance Co Ltd

68. (a) authorised signatories upto their powers

69. (d) dispensed with in CBS branches

70. (d) Rs. 1000 per day