All in one

 All in one ....Very useful for promotion exams and to enhance knowledge

1. Under SARFAESI a notice of days is to be given to the borrower in writing to discharge his liability in fulfilling which the secured

creditor shall exercise his rights under Section 13 (4): 60 days

2. Loan up to Rs. for Agro and Food Processing Units

for Priority Sector lending classification: Rs. 100 cr from banking system.

3. In the case of CGTMSE, every amount recovered by the bank and due to be paid to the Trust shall be paid without delay, and if any

amount due to the Trust remains unpaid beyond a period of 30 days from the date on which it was first recovered, interest shall be

payable to the Trust by the lending institution at the rate of: 4% above Bank Rate for the period for which payment remains

outstanding after the expiry of the said period of 30 days.

4. As per KYC norms of RBI, the officially valid documents for limited purpose of small deposit account, the utility bill not older than: 2

months.

5. Under KYC, in case of a body of individual persons, the beneficial owner is a natural person, who, whether acting alone or together, or

through one or more juridical person, exercises control through ownership or who ultimately has a controlling ownership interest of :

15%.

6. Under RBI guidelines, a bank can withdraw cheque book facility to a customer who repeats a bounce offence of cheques of Rs.1 cr

and above each, on more than four times: ( Now Banks to frame its own Board Approved Policy)

7. Under Section 140 of N.I. Act: No excuse is available to the drawer from prosecution if he had no reason to believe when he

issued the cheque that it may be dishonoured on its presentation.

8. Noting is the process when the holder may cause the dishonour to be noted by a notary public when a promissory note or Bill of

exchange (B/E) has been dishonoured by nonacceptance or non-payment. Purpose of noting in case of dishonor of B/E: To create

legal evidence of dishonour.

9. Club's cheque presented while the treasurer (the authorised signatory) has died: The cheque shall be honoured.

10. A and B joint account. C has power of attorney to operate the account. B dies. The cheque signed by C is presented for payment. :

Return the cheque as POA not valid.

11. For the purpose of computing LCR, RBI has decided that in addition, banks will be permitted to reckon as Level 1 HQLAs Government

securities held by them upto another 2 per cent of their NDTL under FALLCR within the mandatory SLR requirement. Hence, the total

carve-out from SLR available to banks would be _____ per cent of their NDTL. The other prescriptions in respect of LCR remain

unchanged: 13

12. RBI has decided to revise the housing loan limits for PSL eligibility from existing Rs.28 lakh to Rs._____ lakh in metropolitan centres (with

population of ten lakh and above), and from existing Rs.20 lakh to Rs.____ lakh in other centres, provided the overall cost of the dwelling

unit in the metropolitan centre and at other centres does not exceed Rs.45 lakh and Rs.30 lakh, respectively: 35; 25

13. Under UCPDC – 600 what is the time period during which Issuing Bank or Nominated Bank can cheque the documents to ensure that

these are as per LC requirement: 5 banking days. * Banker customer relationship in standing instruction: Agent – Principal

14. In Kisan Credit Card Scheme, to calculate the limit for 5 years, the cost escalation is to be built in, for assessing the limit for a

subsequent year at: 10% of previous year limit.

15. The RBI revised guidelines for rehabilitation of MSMEs are applicable for exposure up to Rs. _____: 25 cr.

16. CERSAI defined in which Act: SARFAESI Act.

17. Bullion Dealers in which Risk Category: High.

18. Under PMEGP scheme maximum project cost for service sector: Rs 10 lacs.

19. Risk weight in advances backed by State Guarantee: 20%

20. CRR is defined in which section of RBI Act : Sec 42(1). * Cash payment of Rs. 20,000 & above in case of FDR is restricted under

which Act: Sec 269-T of Income Tax Act. * Protection to Paying bank in case of material alteration in which Section of NI Act:

Sec 89.

21. Protection to Collecting bank is available under which section of NI Act: Sec 131 of N.I. Act.

22. Mutual fund are controlled by which: SEBI.

23. CVV: Customer Verification Value

24. USSD: Unstructured Supplementary Service Data.

25. NUUP: National Unified USSD Platform.

26. IMEI: International Mobile Equipment Identity.

27. NPCI: National Payment Corporation Of India.

28. CVD: Customer Verification Data.

29. Currency of Belgium: Euro.

30. Universal set of standards & guidelines for communication by

31. EDI is called: EDIFACT.

32. Automated Clearing House in Hong Kong is called: CHATS (CHIPS in New York, CHAPS in UK).

33. Stand by L/c is like: Bank Guarantee

34. Duty of confirming bank: Only to verify the genuineness of LC.

35. Max loan amt covered under CGTMSE: Rs 2 cr Fund based+ non fund based.

36. DSCR is for evaluating: Term Loan repayment-surplus generating capacity.

37. Current ratio used for evaluating: Liquidity position

38. Debt securitization company means: conversion of receivables into debt instrument.

39. Min Education qualification for PMEGP: For Mfg upto 10 lac and business/service upto 5 lacs: Nil

40. Variable cost: Which varies with level of production.

41. Break Even Point: No profit no loss. ( TR-TC=Zero)

42. In case of Special crossing, banker get protection under: Section 124 of NI Act

43. Imports regulator: DGFT

44. What is Noting: Getting dishonoured B/E noted from notary. The certificate is called Protest.

45. Current account operated by finance director dies. Cheque signed by him: Will be paid

46. MSME Services loan amount limit: Micro & Small services: Rs. 5 cr; Medium 10 cr.

47. Abbreviation for UCPDC: Uniform Customs & Practices for Documentary Credit.

48. FCNR(B) account type: Term deposit.

49. RTI: Person seeking information need not give reason as to why he is seeking the information.

50. Which is not the function of ALCO: Budget target

51. What is time limitation for decree: 12 years.

52. Time limit to sue incase of cheque return unpaid: One month from the expiry of notice period.

53. Meaning of accrual concept: Mercantile system.

54. Paying bank protection for alteration which Act: Sec 89 of N.I. Act.

55. Collecting bank protection under which Act: Sec 131 of NI Act.

56. What is the extent of imprisonment and monetary penalty for paying Interest and principal of Rs. 20,000/- and above in cash in case of

FDR: Penalty equal to the amount so paid. No imprisonment.

57. What is the maximum punishment when a cheque is dishonored due to the reason ‘insufficient funds under regular proceedings: Upto

2 years imprisonment and/or fine upto twice the amount of cheque.

58. Cash Transaction Report of cash transactions of above Rs. ---- is to be submitted to FIU-ND on monthly cash basis by _______of the

following month: Rs 10 lac; 15th

59. Why Banks are charging interest on monthly basis: To make it compatible with NPA norms.

60. Financial Director Dies - Cheque signed by him presented for payment: Can be paid.

61. A person returning from abroad can retain foreign currency upto what period: 180 days.

62. Normal Transit Period for all bills in foreign currency is ______: 25 days

63. What is the maximum period of Export proceeds realization in normal case: 9 months.

64. Maximum period up to which Exporter is provided advance against Post Shipment Duty Drawback scheme: 90 days.

65. An L/C states that shipment can be done on or about 31 March. What does it means: It can be done during the period of plus / minus

5 calendar days, both start and end dates included.

66. Risk weight in Personal loans / Capital Market exposures: 125%

67. What will the impact when RBI increases Bank Rate

68. : The cost of credit will increase and banks will reduce its borrowings from RBI.

69. What is the maximum limit of investment in Equipment in Micro (Service) enterprises? Rs.10 lacs.

70. Bank has to implement the award given by Ombudsman within _______ after receiving the acceptance from the Customer: One

month.

71. Capital market total exposure is: 40% of net worth of previous year

72. Maximum amount that is permissible under Priority Sector for repair of house in Rural and Semi urban area is ______: Rs 2 lacs.

73. Should part payment of Foreign bill be accepted: Not be accepted

74. Micro, Small and Medium Enterprises is under which Ministry: Ministry of Micro Small & Medium Enterprises.

75. The Prudential Income Recognition norms were implemented in phased manner so that Indian Banks can have: a) Capital adequacy and solvency; b)

Cannot declare excess profit; c) More transparency in published accounts: All

76. Under RTI is it necessary for the person seeking information to give reason as to why he is asking the information: No need to tell the purpose of

seeking information.

77. Cash Flow statement indicates _____: Receipt & Payment of cash in a given period.

78. In DRT what is the cut-off limit : Rs. 20 lakh and above.

79. Is Right of Set -off available on deposits in the name of guarantor: Only if demand has been made and after giving prior notice.

80. In CDR, what is the condition of declaring dividend, profit / loss: No such condition has been prescribed. ( CDR NOW DISPENSED).

81. Under Basel - II, what is the initial approach for Credit risk and Operational risk: Standardized approach, Basic Indicator Approach.

82. What is Capital charge under Basic Indicator Approach of Operational risk: 15% of positive gross income average of last 3 years.

83. What are the factors taken into consideration under Group approach: Commonality of management and control

84. Banks publish Quarterly results as per the guidelines

85. of under Clause _____ of listing agreement: SEBI

- clause 41 of Listing agreement; Corporate Governance

86. In DRI scheme, what the target and sub-targets under Priority Sector: 40% to SC/STs and 2/3rd in rural/semi urban areas.

87. Exporters of good track record are provided continues Packing Credit. It is called _____: Running Packing Credit.

88. To which type of account holders bank do not issue Biometric card: Dormant and inoperative accounts.

89. Under Gold card scheme for Exporters of good track, concessional rate of interest is allowed upto ___: 365 days.

90. At what rate of discount Subordinate debts due within 1 to 2 years is to be taken: 80%

91. Under CGTMSE scheme, who is not eligible for 85% or 80% guarantee cover: SC / STs

92. What is the %age provision in Doubtful assets over 3 years category: Secured: 100%, Unsecured: 100%

93. In the PMEGP scheme, the margin for general category of borrowers is _______ % of Project cost: 10%.

94. Is a Not Negotiable instrument transferable: Yes, it is transferable by way of delivery and endorsement but the title of the transfree

will not be better title than that of transferor.

95. Legal risk is part of: Operational Risk

96. Provision in Standard category assets for direct SME is : 0.25%

97. What is the liability of Introducer in Fraud case: No monetary liability for fraud.

98. Collecting Bank has presented a fake draft in clearing. Who will lodge FIR: Paying Bank.

99. Under Group Exposure norms, how much %age can be allowed by the Banks Board over and above the regulatory guidelines: 5% in

emergent circumstances.

100.The Exporter has submitted the documents for negotiations. What is the time available for Negotiating Bank to scrutinize the

documents received under L/C: 5 banking days following the date of receipt of documents.

101.Farmers who repay short term agricultural loan promptly are eligible for another ____ interest subvention: 3% for short term crop

loan upto Rs. 3 lacs subject to the condition that the effective rate of interest is not less than 4%.

102.The Reserve Bank has allowed banks to participate in Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts

(InvITs) within the overall ceiling of _____ of their net worth permitted for direct investments in shares, convertible bonds/

debentures, units of equity-oriented mutual funds and exposures to Venture Capital Funds (VCFs) [both registered and unregistered],

subject to certain conditions: 20%

103.The Reserve Bank has advised banks to make it mandatory for corporate borrowers having aggregate fund-based and non-fund based

exposure of _____and above from any bank, to obtain Legal Entity Identifier (LEI) registration and capture the same in the Central

Repository of Information on Large Credits (CRILC): Rs. 5 crore.

104.Govt. of India has established Central KYC Records Registry (CKYCR) under provisions of which of: Prevention of Money Laundering

Act 2002.

105.For Import of goods from USA, a customer of Kotak Bank enters into a Free on Board (FOB) contract. The cost pertaining to insurance

and freight will be borne by: Importer.

106.40 For opening Demat account: PAN is necessary.

107.ASBA: Application Supported by Blocked Amount – maximum amount that can be blocked per IPO is: Rs. 2 lac.

108.Under SARFAESI Act 2002, the banks give notice for payment of due amount to the borrower / owner of charged assets within _____ days,

otherwise action will be initiated u/s 13(2) of the Act : 60 days

109. When Ombudsman’s award is accepted by the customer, the bank has is to implement the award within: 30 days.

110.Real Time Gross settlement system minimizes which risk: Systemic risk and settlement risk.

111.Loan assets are classified by the banks on the basis of : By status of recovery and security.

112.The minimum & maximum period of Certificate of deposit is : 7 days, 12 months.

113.Banks print cheque books having similar particulars. The format of cheque is prescribed by which Act : It is a practice.

114.Which Crossing takes away the feature of assumption of defective free title available to the transferee : Not negotiable

115.is mandatory for ASBA: Bank account.

116.Which of the following is wrong about RTI Act: Fee to be paid, can be given in physical / e-form, reason to be mentioned*.

117.Bearer cheque modified, while making payment what is the position of bank: Liable if paid, not liable if paid in due course.

118.Collecting Banker protection available under which Section: Sec 131

119.Protection to the Paying Banker for alteration not detectable: Sec 89.

120.RTGS payment under which Act: Payment & Settlement System.

121.Customer has deposited money for specific purpose, what is the bank: Trustee

122.Multiple Banking Arrangement / Consortium to take action under Sarfaesi what percentage of lenders should agree: 60% of the creditors

by value.

123.How does a Business Correspondent function: Biometric machine

124.Charges for delay in NEFT credit: Repo rate +2%

125.Term Deposits: Differential interest rate shall be offered only on bulk deposits: Rs Two crore & above.

126. Penalty to be paid per year for revival of Sukanya Samriddhi Account: Rs. 50 * Life cover under PMJDY for

eligible accounts: Rs.30,000/-

127.Treasury Bills can be issued upto how many days: 364 days.

128.When a person opens various bank accounts and draws amount against clearing, it is known as: Kite fying.

129. 411 Union Territory under B region: Chandigarh

130.EEFC opened by resident with joint name of non-resident, what is operational condition: Former or survivor.

131.Banks can take a decision to go for two way protection to avoid middlemen attack in which of the following: Internet Banking.

132.The revised SME rehabilitation framework is applicable upto how much amount: Rs. 25 crore

133.If BEP is high, it means: Low safety margin.

134.Exposure in SHG / JLG as qualifying assets for an MFI to qualifying for priority sector lending: 85%

135.Limit not renewed / adhoc not cleared, when shall the account become NPA:180 days

136.Which of the following Union Territory is included in a region(official language): Andamans & Nicobar

137.What is the loan limit for Agriculture Infrastructure under Priority Sector: Rs. 100 cr.

138.What is the loan limit for Agriculture Ancillary under Priority Sector: Rs. 100 cr.

139.Foreign DD deposited in NRE account. Which rate will be used for conversion: TT Buying rate.

140.In an E or S account, one person has issued the cheque, the other person has corrected the date and signed. Whether cheque can be

passed: Yes

141.The portal for education loan: Pradhan Mantri Vidya Lakshmi Karyakram.

142.The account of a foreign student before full KYC compliance, the deposit allowed is upto : US $ 1000

143.Weighted average interest charged under Deendayal Aantyodaya Yojana (NRLM): All Commercial Banks (excluding RRBs) will be

subvented to the extent of difference between the Weighted Average Interest Charged and 7% subject to the maximum limit of

5.5%. This subvention will be available to all the Banks on the condition that they make SHG credit available at 7% p.a. in the 278

districts.

144. The Payments Banks and the Small Finance Banks are called Differentiated Banks. Recommended by Committee: Shri Nachiket Mor, (

Comprehensive Financial Services for Small Businesses and Low-Income Households).

145.AD Category – I bank need not follow up submission of

146. evidence of import involving amount of USD or

less provided they are satisfied about the genuineness of the transaction and the bonafides of the remitter: 100,000

147.Current account opening with A, B and C. C is a pardanishin lady and has not given photograph. Which of the following to be done:

Photograph of pardanishin lady is necessary otherwise follow the guidelines on partial/total freezing.

148.Receivable Rs. 20 lacs. Sales Rs. 120 lacs. What is Debtor Collection Period? 2 Months

149.Retention Period for form 15G/ 15H obtained at branches: 7 years.

150.For farm Mechanization for financing of tractor the minimum land holding is : 2.5 acre

151. For filling a complaint under Consumer Forum the limitation

152.period: 2 Years from date of cause of action arises. * The terms used for hiding money to avoid tax is: Money

153.laundering.

154.Which Crossing is not defined in any Act: Account Payee

155.As per RBI guidelines of Dec 2015, target for loans to priority sector for Regional Rural Banks w.e.f 1-1-2016 is : 75% of total

outstanding.

156.A forex bill discounted by the bank was returned back unpaid. The amount will be recovered from the party by using which rate: TT

Selling rate.

157.Clause Bill of Lading indicates: Bill of Lading issued by shipping company indicating defective condition of goods or defective packing.

158.In case of single or Individual borrower, the exposure ceiling as fixed under Group exposure norm is 15% which can be further

enhanced in case of Infrastructure by: 5%

159.Bank paid amount in INR after conversion of USD @ 68.63/68. For US $ 30,000 and with 5 paise per dollar as commission, what

amount will be credited in customers account: Rs.20,57,400/-

160.In case of sole banking arrangement, in how many days from noticing the Early Warning Signal (EWS), the decision to classify an

account as Red Flagged Account (RFA) has to be taken: 1 month.

161.Statutory Liquidity Ratio (SLR) is 19.00% of net demand and time liabilities of banks w.e.f: 13-04-2019.

162. The rate of interest equalisation available on Pre-Shipment Rupee Export Credit and Post-Shipment Rupee Export Credit is:

5% p.a

163.The Balance sheet of M/s Amteck indicates at the beginning of the financial year, the capital of a firm as Rs. 9,80,000. The firm

earned a profit of Rs.2,40,00 and paid tax at 10%. The two partners also withdrew Rs.75,000 each. What is the closing balance in the

Capital account: Rs.10,46,000/-

164.Bearer uncrossed cheque can be paid to whom: To the bearer of the cheque.

165.In PMEGP, what is the income criterion for borrower’s family and borrower’s parents: No criteria.

166.The increasing foreign exchange reserves in India are costly because: Funds are idle and it carries fluctuation risk.

167.Who is appointed to tackle public complaints against the public authorities: Ombudsman.

168.What is NOSTRO: A bank’s account maintained by a bank in India with a bank abroad in foreign currency.

169.On other than a negotiable instrument, what is the time period for payment of stamp duty, if the document is executed outside India:

3 months.

170.FCNR (B) deposit can be accepted by banks in ____ currencies: All convertible currencies.

171.May I help you counter is to be provided by bank branches other than : Small branches

172.A firm is allowed a limit of Rs.1.40 lac at 30% margin. It wants to avail the limit fully. How much will be the value of security : Rs.2

lac.

173.Statutory Liquidity Ratio provisions for banks are as per Section _____ of _____: 24 (2), Banking Regulation Act 1949.

174. An NRI can open a joint account with a resident in case of

175. accounts: Non-resident Ordinary.

176.The minimum capital adequacy ratio (CAR) implemented in India by RBI is ____ % and as per Basel recommendations it

177.is % : 9%, 8%

178.What type of charge is applicable on loan against term deposits in a bank: Assignment.

179.Garnishee Order is not applicable on: Un-used cash credit or overdraft limit.

180.Islamic banking has the features of: Conservative Banking.

181.When rate of interest is expressed by adjusting the impact of inflation, this is called _____ : Real rate of Interest.

182.RBI keeps on changing repo / reverse repo rate / CRR with the objective of: Regulation of liquidity to control inflation.

183.What is the periodicity for submission of R-Returns to RBI : Fortnightly

184.The facility of nomination is not available to Trust account because it is _____ account: Non-individua

185.Banks are required to make provision on Standard Assets at the rate of 0.25% on ______ & ______ accounts: Direct agriculture, SME

and CRE-RH.

186.A person wants to open an account which his wife should be able to operate only after his death. What type of account he should

open: Former or survivor.

187.In B region, the reply to letters in Hindi is to be given to the extent of ____ %: 100%

188.Within Priority Sector target of 40% of ANBC or CEOBE, whichever is higher, the sub-target for Weaker section is: 10%

189.Apiculture relates to : Bee-keeping

190.In case of a jointly operated joint account, the nominee can obtain payment when : None of the account holder is alive.

191.Call money deposit is part of the ______ sector: Organised sector.

192.The long term liability to tangible net worth ratio implies : Long term solvency of the firm or capacity of the firm to pay long term debt

– Total indebtedness ratio.

193.Current ratio implies: Capacity of the firm to pay current liabilities out of current assets.

194.Working capital requirement of a firm is required to be met through: Short term sources and surplus of long term sources over long

term uses.

195.Who cannot become a partner in an LLP firm: HUF & Minor.

196.What is the maximum period for which an account classified as sub-standard, can remain: 12 months.

197.A company wants to electronically pay the dividend to large number of its shareholders, which include small amounts also: Electronic

Clearing Services – Credit (ECS-Credit).

198.A cheque is written in different hand-writings and different inks: It will be paid.

199.Opening of Non-resident accounts by _____ has been allowed by RBI : RRBs.

200.Bailment of goods by a person to another person, to secure a loan is called : Pledge.

201.When mortgage is created by a person by deposit of title deed orally, it is called ____ mortgage: Equitable mortgage.

202.Which crossing is not a general crossing: When name of bank is written within or without parallel lines.

203.‘Buy now and Pay later’ is the facility available under : Credit card

204.A financial statement that provides information regarding where the funds have come and where these have been used over a period

of time is called: Funds flow statement.

205.Who can open NRE account : NRI

206.A mandate holder for a current account has died and a cheque signed by him is presented for payment after his death: The cheque

shall be paid.

207.The true owner of a cheque has been deprived his right by collection of the cheque for a different person. This is called: Conversion.

208.A bank branch receives a counterfeit note of Rs.500, which customer wants back. What the bank should do: To be impounded and

not to be returned under any circumstances.

209.For FCNR (B) deposits, the exchange risk is born by: Bank.

211. CUT OFF LIMIT FOR FOLLOW UP / REVIEW / MONITORING MARKED FOR RECOVERY :- NPA AC WITH LIAB UP TO

RS. 10 LAKH FOR RO , ABOVE RS. 10 LAKH FOR CO, ABOVE RS. 1 CR FOR HO.

212. RTGS CHARGES :- FROM RS. 2 LAKH TO RS. 5 LAKH TIMING 8 AM –11AM :- NIL , 11AM –01PM :-RS.27, 1PM --4.30PM :-RS.

30,

213. NEFT CHARGES :--UP TO RS. 100000 :- NIL , FROM RS. 1 LAKH TO RS. 2 LAKH:-RS. 15, ABIOVE RS. 2 LAKH :- RS. 25 , 8 TO 7

PM TOTAL 23 SETTLEMENTS, FOR DELAYED CREDIT PAY INT AT RBI LAF REPO + 2%.

214. ATM FAILED TRANS CLAIM FROM OTHER BANKS RESOLVE IN 4 DAYS , ATM 50 NOT ALLOWED BEYOND 120 DAYS

FROM THE ACTUAL TRANSACTION DATE .

216. SCA / SDL :- SAFE CUSTODY ARTICALS / SAFE DEPOSIT LOCKERS :-- INDIAN CONTRACT ACT.

217. BANKERS LIEN / SECRECY OF ACCOUNT :--IMPLIED PLEDGE.

218. CONTRACT OF INSURANCE :--INDEMNITY CONTRACT

219. MORTGAGE :--TRANSFER OF PROPERTY ACT

220. CARE :--CREDIT ANALYSIS AND RESEARCH LTD .

221. NOMINEE :--TRUSTEE OF LEGASL HEIRS.

222. FCNR :--MAX FOR 5 YRS CAN OPEN

223. CUSTOMER MEET :--CONDUCTED IN 15 OF EVERY MONTH.

224. RIGHT OF SUBROGATION :--GUARANTOR CLEARS THE LIAB OF PRINCIPAL BORROWER .

225. EMPLOYEES SHOULD AWAY FROM DESK :--MIN 10 DAYS.

226. AGRI CLINIC / AGRI BUSINESS :--NO MARGIN / SEC UP TO RS. 5 LAC.

227. BREAK EVEN POINT :-- NO PROFIT / LOSS

228. SMERA :--SMALL AND MEDIUM ENT RATING AGENCY SET UP BY SIDBI.

229. REPO RATE :--MONEY MKT INSTRUMENT.

230. CRISIL :--CREDIT RATING INFORMATION SERVICES OF INDIA LTD.

231. WHITE LABEL ATM :--MIN NET WORTH OF CO. RS. 100 CR.

232. CREDIT RATING AGENCY :--REGULATED BY SEBI .

233. ASBA (APPLICATION SUPPORTED BY BLOCKED AMOUNT ) :--MAX AMNT CAN BE BLOCK RS. 2 LAKH.

234. SELLING THIRD PART PRODUCT S :--OPERATIONAL RISK .

235. EXCESS LIQUIDITY IN SYSTEM :-- CALLED INFLATION

236. SABBATICAL LEAVE CAN TAKE FOR MAX 2 YRS.

237. RTGS RISK :-- CALLED SYSTEMATIC AND SETTLEMENT RISK.

238. FIRE AUDIT OF CURRENCY CHEST :--ONCE IN 2 YRS .

239. RATINGS FOR BANKS :--PADMANABHAN COMMITTEE, CAMEL :--CAPITAL ADEQUACY, ASSET QUALITY, MANAGEMENT

, EARNINGS PERFORMANCE , LIQUIDITY, SYSTEMS AND CONTROLS.

240. RTI :--RIGHT TO INFORMATION ACT :-REPLY IN 30 DAYS , PENALTY OF RS. 250 PER DAY , MAX RS. 25000, PRESERVE

RECORD 5 TO 8 YRS.

241. IBC 2016 :--INSOLVENCY AND BANKRUPTCY CODE 12016.

242. FRAUD :-- OPERATIONAL RISK.

243. SCSS :--SENIOR CITIZEN SAVINGS SCHEME :--FOR MAX 5 YRS, CAN EXTEND UP TO 3 YRS, INT COMPOUNDED QRTLY,

MIN RS. 1000 MAX RS. 15 LAKH, AGE 60 , PREMATURE CLOSURE PERMITTED AFTER ONE YEAR WITH PENALTY.

244. MMID ( MOBILE MONEY INDENTIFIER ) ALWAYS :--7 DIGIT.

245. ANY EMV CHIP CARD :--VALIDITY 5 YRS .

246. CPGRS :--CANARA PUBLIC GREIVENCES REDRESSAL SYSTEM :--BY DAMODARAN COMMITTEE.

,

248. IBBI :--INSOLVENCY AND BANKRUPTCY BOARD OF INDIA .

249. UDYAMI MITRA PORTAL :- FOR STAND UP INDIA MANTAINED BY SIDBI.

251. NEW FUNCTIONALITY NOW AVAILABLE IN NET BANKING :--TEMPORARY BLOCK / UNBLOCK ATM CARD , SET LIMIT

FOR ATM / POS TRANSACTION, INSTANT PIN GENERATION , HOT LISTING OF DEBIT CARD.

252. PMJDY OVERDRAFT :--PRIME MINISTER JAN DHAN YOJANA :- MAX RS. 10000 OR 4 TIMES OF AVERAGE MONTHLY BAL

OR 50 % OF CREDIT IN LAST 6 MONTHS WHICHEVER IS LOWER , AGE LIMIT 18 TO 65, SATISFACTORY DEALINGS FOR THE

LAST 6 MONTHS, NOT ELIGIBLE :-MINOR / KCC / GCC/ MORE THAN ONE MEMBER IN SAME FAMILY , CGTMSE COVER

AVAILABLE UP TO 60 % OF DEFAULT.

253. RBIA :--SECURING LOW RISK IN RBIA . PERIODICITY OF CONDUCTING INSPECTION CHANGED TO 18 MONTHS FOR :-LOW

RISK A, 15 MONTHS FOR :-NORMAL RISK B , 12 MONTHS FOR :-MODERATE RISK C, 06 MONTHS FOR HIGH RISK D,

BUSINESS RISK :--20% , CONTROL RISK :--80%

254. INT RATE FOR BULK DEPOSIT OF RS. 10 CRORE AND ABOVE IS TO BE OBTAINED FROM INTEGRATED TREASURY

WING , MUMBAI.

255. MAXIMUM PERIOD FOR ACCEPTING NRE TERM DEPOSIT IS :- 10 YEARS AND MINIMUM :-1 YEAR.

256. SR CITIZEN ARE NOT ELIGIBLE FOR ADDITIONAL INT RATE FOR NRE TERM DEPOSIT.

257. EMPLOYEE / EX-EMPLOYEE / EX EMPLOYEE SR CITIZEN ARE NOT ELIGIBLE FOR PREFERENTIAL INT RATE FOR NRE

TERM DEPOSIT.

258. FOR SINGLE NRE RETM DEPOSIT RS. 1 CRORE AND ABOVE TO RS. 10 CRORE:--TAKE UP MATTER WITH DEVELOPMENT

SECTION , STRATEGIC PLANNING AND DEV WING , H O , THROUGH MIPD AND PP SEC OF CO FOR OBTAINING

PERMISSION.

259. PENALTY 1 % FOR PREMATURE CLOSURE AND PRE MATURE EXTENSION OF NRE TERM DEPOSIT OF LESS THAN RS. 1

CRORE ON OR AFTER 29/12/2011.

260. NO PENALTY OF 1 % IN CASE OF PREMATURE CLOSURE / PREMATURE EXTENSION OF NRE CALLABLE TERM

DEPOSIT RS. 1 CR AND ABOVE.

261. NO INT FOR NRE TERM DEPOSIT CLOSED BEFORE 1 YEAR.

262. EXTENSION OF PERIOD OF NRE TERM DEPOSIT , THE PERIOD OF EXTENDED DEPOSIT SHALL BE MIN 1 YEAR AND

MAX 10 YEAR.

263. AUTO RENEWAL OF NRE TERM DEPOSIT IS ONLY --ONCE .

264. OVERDUE NRE DEPOSIT WILL BE PAID INT AT SB RATE FROM THE DATE OF MATURITY TILL THE DATE OF

PAYMENT OR / RE-INVESTED.

265. SR CITIZEN NOT ELIGIBLE FOR ADDITIONAL ROI FOR FCNR DEPOSIT.

266. EMPLOYEE / EX-EMPLOYEE / EX-EMPLOYEE SR CITIZEN ARE NOT ELIGIBLE FOR PREFERENTIAL ROI.

267. FCNR / RFC -DEPOSIT FOR USD 1 MILLION AND ABOVE :-OBTAIN PERMISSION FROM INTEGRATED TREASURY WING

MUMBAI ( FOREX DEALING ROOM ), CAN SEND MAIL TO funds@canarabank.com 022-26725033.

268. DOMESTIC DEPOSIT PERIOD MIN :-7 DAYS , MAX:-10 YEARS.

269. NON CALLABLE TERM DEPOSIT ARE BULK DEPOSIT WHERE PREMATURE WITHDRAWAL NOT PERMITTED.

270. BANK IS NOT ACCEPTING BULK TERM DEPOSIT MATURITIES OF 5 YEARS AND ABOVE.

271. FOR DOMESTIC TERM DEPOSIT OF SR CITIZEN ( INCLUDING RD ) -ADDITIONAL ROI IS GIVEN 0.050%.

272. SR CITIZEN NOT ELIGIBLE FOR ADDITIONAL INT RATE ON NRO TERM DEPOSIT AND DEPOSIT ACCEPTED UNDER

CAPITAL GAIN DEPOSIT.

273. FOR SINGLE DEPOSIT RS. 1 CRORE AND ABOVE UP TO RS. 10 CRORE, TAKE UP MATTER WITH DEV SEC , SP AND D WING

HO THROUGH MIPD CO .

274. FOR NON CALLABLE DEPOSIT ( WHERE PREMATURE WITHDRAWAL IS NOT PERMITTED ) OF RS. 1 CRORE ( OTHER

THAN INDIVIDUAL AND HUF ) , PERIOD IS MIN 46 DAYS AND ABOVE , AN ADDITIONAL INT RATE OVER AND ABOVE

THE RATE OFFERED FOR GEN PUBLIC IS BEING EXTENDED.

275. EMPLOYEE / EX –EMPLOYEE :--ADDITIONAL 1 % EXTENDED , EXCEPT FOR NRO TERM DEPOSIT AND CAPITAL GAIN AC

276. EX –EMPLOYEE SR CITIZEN ADDITIONAL 1.50% AVAILABLE, EXCEPT NRO AND CAPITAL GAIN AC.

277. CANARA TAX SAVER --ADDITIONAL ROI TO EX –EMPLOYEE SR CITIZEN :--IS AVAILABLE ONLY 1 % .

278. DOMESTIC / NRO DEPOSIT FOR HUF KARTA SR CITIZEN :--NO ADDITIONAL ROI.

279. NRO TERM DEPOSIT :--SR CITIZEN / EMPLOYEE / EX-EMPLOYEE / SR CITIZEN :-NO ADDITIONAL ROI AVAILABLE

280. CAPITAL GAIN DEPOSIT :--NO ADDITIONAL ROI IS AVAILABLE FOR ANYBODY.

281. RD ( RECURRING DEPOSIT ) :--ADDITIONAL 1 % ELIGIBLE FOR EMPLOYEE / EX EMPLOYEE, FOR EX –EMPLOYEE SR

CITIZEN ADDITIONAL ROI IS :- 1.50% AVAILABLE, FOR SR CITIZEN ADDITIONAL ROI IS :-0.50 %.

282. 1 % PENALTY IS THERE FOR PREMATURE CLOSURE / PART WITHDRAWAL / PREMATURE EXTENSION RS. 1 CR AND

LESS.

283. NO PENALTY FOR PREMATURE CLOSURE / PART WITHDRAWAL / PREMATURE EXTENSION CALLABLE DEPOSIT RS. 1

CRORE AND ABOVE.

284. NO INT FOR DEPOSIT CLOSED BEFORE 7 DAYS.

285. PENALTY :-1 % TERM DEPOSIT UNDER CAPITAL GAIN AC FOR PREMATURE CONVERTED / WITHDRAWN / CLOSED.

.

288. SURPRISE VERIFICATION OF CASH AND SECURITIES :--ONE MANAGER OR ONE OFFICER WITH ONE SWOP., ONCE IN

A MONTH THROUGH NEARBY BRANCH , ONCE IN QUARTER BY DM / AGM OF RO / CO.

289. REVISED CHARGES FOR AADHAAR RELATED SERVICES AT AADHAAR SEVA KENDRA AND AADHAAR ENROLLMENT

CENTRE :---AADHAAR ENROLLMENT ( GENERATUION ) :-FREE, MANDATORY BIOMETRIC UPDATE OF CHILDREN :--

FREE, DEMOGRAPHIC / BIOMETRIC OR BOTH UPDATE :--41+9 ( GST ) = RS. 50 , AADHAAR SEARCH USING e-KYC /

FIND AADHAAR COLOUR PRINT :--RS. 25 +5 ( GST )= RS. 30, UIDAI GIVES RS. 100 TO BANK FOR EACH ENROLLMENT.

290. DUE DILIGENCE SERVICES FOR MICRO, SMALL AND MEDIUM ENT ARE AVAILABLE WITH M/S CARE RATINGS

LIMITED ( EARLIER IT WAS KNOWN AS M/S CREDIT ANALYSIS AND RERSEARCH LIMITED ) AND ALSO AVAILABLE

WITH M/S ACUITE RATINGS AND RESEARCH LIMITED ( EARLIER WAS KNOWN AS M/ SMERA RATINGS LIMITED ) .

291. NEW RETAIL LOAN PRODUCT :--CANARA HOME LOAN SECURE ( CHLS ) , THIS IS RETAIL PERSONAL LOAN FOR 100 %

FUNDING OF ONE TIME LIFE INSURANCE PREMIUM OFFERED BY M/ S CANARA BANK HSBC , OBC , CHOICE .

292. UPI ( UNIFIED PAYMENT INTERFACE ) :--PER DAY TRANSACTION MAX RS. 20000 , TOTAL MAX NO OF TRANS IN A

DAY PERMITTED :- 10 .

.

294. CMR ( CIBIL MSME RANK ) :- A NEW PRODUCT OF CIBIL AS AN ADDITIONAL DUE DILIGENCE TOOL FOR MSME

PROPOSALS FOR ABOVE RS. 10 LAKH TO RS. 10 CRORES.

295. THE STANDARD DEDUCTION FROM SASLARY INCREASED TO RS. 50000.

296. THE THRESHOLD LIMIT FOR TDS ON INT INCOME OTHER THAN INT ON SECURITIES INCREASED TO RS. 40000. FOR SR

CITIZEN RS. 50000

297. THE THRESHOLD LIMIT FOR TDS ON RENTAL INCOME INCREASED TO RS. 2,40,000.

298. MAXIMUM TIME FOR CLOSURE OF RBIA REPORTS :--2 MONTHS FOR SMALL BER / SERVICE UNITS / AC SECTION / LPC /

FD / CC / SME SULABH. 3 MONTHS FOR MED BR / MCB / RAH / SME BR / PCB . 4 MONTHS FOR LARGE BR / ELB / VLB ,

3 MONTHS FOR HIGH RISK BR , 1 MONTH FOR SNAP AUDIT OF KYC / AML EXP AUDIT / SNAP AUDIT OF NORMAL AND

MODERATE RISK BR .

299. UPDATION OF AOD IN CBS :-OPTION IS BA020.

300. REVISION OF DEFINATION OF BULK DEPOSIT DONE :--NOW, SINGLE RUPEE TERM DEPOSIT WILL BE OF RS. 2 CRORE

AND ABOVE. ( EARLIER IT WAS RS. 1 CRORE ) .

301. CARD LOSS AND ACCIDENTAL DEATH INSURANCE POLICY COVER WILL BE AVAILABLE NOW FROM M / S TATA AIG

WEF 08/08/2018 ( EARLIER WAS FROM M/S ICICI LOMBARD GEN INSU ) .

302. VIDYA SHAKTHI :--NEW EDUCATION LOAN SCHEME FOR THE STUDENTS OF PERSONS WITH DISABILITIES ( PWD )

CATEGORY .

303. CGTMSE :-- PAYMENT OF ANNUAL SERVICE FEE ( ASF ) , AND ANNUAL GTEE FEE ( AGF ) :--FOR DELAYED PAYMENT

ATTRACTS PENALTY AND ADDITIONAL PREMIUM OF 15 % .

304. DBS ( DIGITAL BANKING SERVICE ) :-- HELP DESK NO ONLY FOR BRANCHES TOLL FREE :-1800-425-8395 .

305. PLATINUM DEBIT CARD RISK COVERED :--DEATH DUE TO ACCIDENT :--AIR CRASH RS. 8 LAKH, RS. 4 LAKH FOR SPOUSE ,

OTHER THAN AIR CRASH RS. 4 FOR SELF AND RS. 2 LAKH FOR SPOUSE, BAGGAGE INSU RS. 25000 PER CARD, PURCHASE

PROTECTION COVER RS. 25000 PER CARD.

306. BANKS COMPENSATION POLICY :--BANK WILL COMPENSATE CLAIM WHERE NO MISTAJKE OF BANK / CUSTOMER RS.

100 PER RS. 5000 , MAX RS. 1000 FOR EACH INSTANCE.

307. GST REPLACED ALL INDIRECT TAXES SUCH AS CENTRAL EXCISE DUTY / SER TAX / STATE VAT / CENTRAL SALES

TAX /LUXURY TAX / ENTRY TAX / ENTERTAINMENT TAX / AMUSEMENT TAX / TAXEX ON ADVERTISEMENT / PURCHASE

TAX / TAXES ON LOTTERY , BETTING , GAMBELLING / STATE SURCHARGE CESS.

308. COMMITMENT CHARGES :--1 % FOR ABOVR RS. 10 CRORE FOR BOTH FB / NFB .

309. NRLM :--AAJIVIKA :-NO COLLATERAL UP TO RS. 10 LAKH .

310. ELERCTRICITY BILL IS ACCEPTED AS OVD FOR THE LAST 2 MONTHS ONLY.

311. INTRODUCTION IS NOT MANDATORY FOR OPENING OF SB / CA /ODCC ACCOUNTS

312. AADHAAR IS MANDATORY FOR SB ACCOUNT OPENING.

313. IF ADDRESS PROOF IS NOT AVAILABLE IN KYC , THEN OBTAIN DECLARATION OF LOCAL ADDRESS WHICH IS

ACCEPTABLE .

314. IN CASE OF LOW RISK CUSTOMER -SUBMIT KYC DOCUMENTS IN 6 MONTHS FROM THE ACCOUNT OPENING DATE.

315. FOR FOREIGN STUDENT --SUBMIT KYC AS LOCAL ADRESS IN MONTH FROM THE DATE OF ACCOUNT OPENING .

316. VINTAGE PARAMETERS MEANS - NEWLY OPENED CASA ACCOUNTS NOT COMPLETED 6 MONTHS FROM THE DATE

OF ACCOUNT OPENING ( WILL BE HIGH RISK ACCOUNTS ) EXCEPT STAFF / PENSIONERS / EX-STAFF / SMALL ACC / F I AC /

BSBD ACCOUNTS.

317. RISK REVIEW OF CASA ACCOUNTS DONE ONCE IN EVERY 6 MONTHS ON 15TH MAY AND ON 15TH NOV EVERY

YEAR.

318. FOR MEDIUM RISK CATEGORY -HIGHER DUE DILIGENCE IS REQUIRED .

319. THRESHOLD LIMIT ISD FIXED AT AC LEVEL ON THE BASIS OF - POPULATION CATEGORY / NATURE OF AC / BUSINESS

ACTIVITY / PROFESSION .

320. PERIODICAL UPDATION OF CUSTOMER IDENTIFICATION DATA ( PHOTO / ADD PROOF ) IS TO BE DONE IN ALL

ACCOUNTS ONCE IN 10 YEARS -LOW RISK CATEGORY / 8 YEARS -MEDIUM CATEGORY / 2 YEARS -HIGH RISK

CATEGORY ACCOUNTS. QUARTERLY IN THE MONTH OF APRIL / JULY / OCT / JAN .

321. FREASH PHOTO OF IDENTITY AND ADDRESS PROOF NOT REQUIRED IN CASE OF -LOW RISK CUSTOMER .

322. FOR NON COMPLIENCE OF KYC / AML / CFT PENALTY MIN RS. 10000 AND MAX RS. 1 LAKH TO EMPLOYEE.

323. CCR MEANS - COUNTERFEIT CURRENCY REPORT

324. STR MEANS - SUSPICIOUS TRANSACTION REPORT , NO PERIODICITY OF REPORTING.

325. CTR MEANS – CASH TRANSACTION REPORT , ( TRANS VALUE RS. 10 LAKH OR ITS EQUIVALENT , AGGREGATE IN ONE

MONTH . REPORT TO FIU-IND MONTHLY BY 15 TH OF SUCCEEDING MONTH.

326. FATF MEANS - FINANCIAL ACTION TASK FORCE , TRANSACTION INVOLVING COUNTRY LISTED BY FATF.

327. RECORDFS OF CBS TRANSACTIONS MAINTAIN FOR 10 YEARS .

328. OBTAIN FRESH ADDRESS PROOF IN CASE OF TRANSFERRED ACCOUNTS.

329. HNI MEANS -HIGH NETWORTH INDIVIDUALS ( AVERAGE DEPOSIT SB+CA+TD ) RS. 100 LAC AND ENJOYING FUND

BASED LIMITS RS. 100 LAKH AND ABOVE.

330. AADHAAR IS 12 DIGIT NO.

331. SB ASCCOUNT INT QUARTERLY ON 1ST OF FEB / MAY / AUG / NOV .

332. JOINT ACCOUNT ILLITERATE AND LITERATE OPERATION BY ILLITERATE OR JOINTLY ONLY.

333. CHEQUE BOOK CAN BE ISSUE TO BLIND PERSON ALSO BUT FOR SPECIFIC PURPOSE ONLY.

334. RURAL BRANCH WITH OR WITHOUT CHEQUE BOOK MIN BAL RERQUIRED RS. 500

335. SEMI URBAN / URBAN / METRO WITH OR WITHOUT CHEQUE BOOK MIN BAL REQUIRED IS RS. 1000 ( AVERAGE

MONTHLY BALANCE ).

336. MINIMUM BALANCE NOT REQUIRED IN CASE OF ACCOUNTS OF NRI / ZERO BAL AC / STUDENTS / PMJDY / SR

CITIZENS / PENSIONERS / EMPLOYEE STAFF .

337. SCALE 4 AND ABOVE ONLY HAVING AUTHORITY TO PERMIT TOD IN SB /CA .

338. TOD AGAINST SALARY - MAX RS. 5000 FOR MAX PERIOD 15 DFAYS.

339. CANARA PAY ROLL PACKAGE TOD --MAX 2 TIMES IN CALENDER YEAR , MAX 50% OF LAST MONTH NET SALARY ,

MAX RS. 50000

340. FOR PENSIONER TOD 50% OF MONTHLY PENSION .

341. BSBD ACCOUNTS MAX 4 WITHDRAWAL IN A MONTH PERMITTED INCLUDING ATM WITHDRAWAL. AND MAX 48

WITHDRAWALS IN A YEAR.

342. CANARA SB POWER PLUS - QUARTERLY AVERAGE BAL RS. 1 LAKH AND ABOVE , CAN OPEN WITH ZERO BALANCE,

PENALTY FOR NON MAINTENANCE OF MIN BAL RS. 250 PER QTR.

343. CANARA PRIVILAGE CURRENT AC -QUARTELY AVERAGE BAL RS. 1 LAKH AND ABOVE , NON MAINTENANCE OF MIN

BAL PENALTY RS. 1000 PER QTR. ACCOUNT CLOSED BEFORE ONE YEAR PENALTY RS. 2000 +SC

344. CALLABLE DEPOSIT RS. 1 CRORE AND ABOVE -PREMATURE CLOSURE IS ALLOWED WITHOUT PENALTY .

345. NON CALLABLE DEPOSIT RS. 1 CRORE AND ABOVE --PREMATURE CLOSURE NOT ALLOWED , MIN PERIOD 46 DAYS

AND ABOVE ( OTHER THAN INDIVIDUAL AND HUF ) , NO AUTO RENEWAL , NO PART WITHDRAWAL IS PERMITTED,

BULK DEPOSIT UNDER NON CALLABLE UP TO MAX 5 YEAR IS ALLOWED ONLY. MEANS CAMNNOT OPEN MORE

THAN 5 YEARS.

346. DEAF MEANS- DEPOSITOR EDUCATION AND AWARENES FUND --MONTHLY TRANSFERRED TO HO , HIGH RISK

ACCOUNTS .

347. PMJDY --BORROWER HOUSEHOLD ANNUAL INCOME DOES NOT EXCEED RS. 1 LAKH IN CASE OF RURAL AREA, RS.

160000 IN CASE OF NON RURAL AREA . Additional LIFE INS COVER AVAILABLE RS. 30000.

348. APY –ATAL PENSION YOJANA -ADMINISTERED BY PFRDA AND NSDL , AGE BETWEEN 18-40, MIN CONTRIBUTION 20

YEARS , MIN RS. 1000 MAX RS. 5000, PENSION STARTS AT THE AGE OF 60

349. WITHDRAWAL IN EMPLOYEES ACCOUNT UP TO RS. 5000 --SPL ASSISTANT CAN PASS , UP TO RS. 10000 OFFICER CAN

PASS , ABOVE RS. 10000 -MANAGER / SR MANAGER CAN PASS.

350. PMSBY :-- PRADHAN MANTRI SURAKSHA BIMA YOJANA, GEN INS CO / BAJAJ INS CO , AGE 18-70, ACCIDENTAL

DEATH DISABILITY RS. 2 LAKH , PREMIUM RS. 12 + GST ( RS. 10 INS CO , RS.1 FOR BC / BK , RS. 1 FOR PER ANNUM PER

MEMBER.

351. PMJJBY :-- PRADHAN MANTRI JEEVAN JYOTI BIMA YOJANA , LIFE INS COVER RS. 2 LAKH, PREMIUM RS. 330 ( RS. 289

FOR PER MEMBER , RS. 30 FOR BC / BK PER ANNUM PER MEMBER , RS. 11 FOR P A PER MEMBER , ASGE 18-50.

352. PRIORITY SECTOR TARGET :--40% OF ANBC , AGRI :-18% OF ANBC , MSME 7.50 % OF ANBC , EL :--PRIORITY UP TO

RS. 10 LAKH , HL :--METRO POPULATION 10 LAKH AND ABOVE RS. 35 LAKH ( COST OF DWELLING UNIT RS. 45 LAKH ) ,

OTHER :--RS. 25 LAKH ( COST OF DWEL;ING UNIT RS. 30 LAKH ), HL REPAIR :--METRO RS. 5 LAKH , OTHER RS. 2 LAKH .,

EXPORT 2 %.

353. MICRO ENT , SMALL ENT , MEDIUM ENT INVESTMENT IN PLANT AND MACHINERY

354.

355. SERVICE UNIT 356. INVESTMENT IN PLANT AND MACHINERY

357. MICRO 358. DOES NOT EXCEED RS. 10 LAKH

359. SMALL 360. ABOVE RS. 10 LAKH AND DOES NOT

EXCEED 2 CR

361. MEDIUM ENT 362. ABOVE 2 CR AND DOES NOT EXCEED 5

CR

363. 364.

365.

366. MFG UNIT 367. INVESTMENT IN PLANT AND MACHINERY

368. MICRO 369. DOES NOT EXCEED RS. 25 LAKH

370. SMALL 371. ABOVE RS. 25 LAKH AND DOES NOT

EXCEED RS. 5 CR

372. MEDIUM 373. ABOVE RS. 5 CR AND DOES NOT EXCEED

RS. 10 CR

374. 375.

376.

377. WEAKER SECTIONS TARGET :--10 % OF ANBC OR 25 % OF PRIORITY SECTOR., SF / MF HAVING UP TO 5 ACRES OF

LAND .

378. AGRICULTURE LOANS :-- MARGIN UP TO 1 LAKH :- NIL , ABOVE 1 LAKH :-15 TO 25 %, AGRI CLINIC / AGRI BUS CENTRE

MARGIN :-UP TO 5 LAKH NIL.

379. AGRI LOANS :--SECURITY UP TO 1.50 LAKH NO SECURITY

380. PAIS :--KCC HOLDER AGE UP TO 70 PERMITTED , DEATH INS RS. 150000, PERMANENT DIS ABILITY RS. 187500 , PREMIUM

RS. 25 p. a. ( BANK RS. 17 p. a , farmer Rs. 8 p a )

381. CANARA KISAN OD :--1 YEAR SATISFACTORY DEALINGS , TENABILTY 3 YEARS, QUANTUM :- IF RECOVERY UP TO 90 %

MAX 3 TIMES OF GROSS ANNUAL INCOME, MAX LIMIT RS. 7.50 LAKH OR RS. 1 LAKH PER ACRE M, MAX 50 % OF

VALUE OF LANDED PROPERTY, IF RECOVERY MORE THAN 90 % :-MAX 4 TIMES GROSS

ANNUAL INCOME , MAX RS. 12.50 LAKH , RS. 1.50 LAKH PER ACRE OR 50 % OF VALUE OF PROPERTY .

382. SOLVENCY CERTIFICATE :=--UP TO RS. 1 LAKH WITHOUT ANY FIN STMT, AND UP TO DECLARED NET WORTH, FROM

RS. 1 LAKH TO RS. 5 LAKH UP TO ACCEPTED NETWORTH , WITH UN-AUDITED FIN STMT , ABOVE RS. 5 LAKH UP TO

ACCEPTED NET WORTH , WITH AUDITED FIN STMT., COMMISSION :-0.10 % WITH MIN RS. 500 MAX RS. 25000 PER

CERTIFICATE , FOR MSME MAX RS. 10000 .

383. CAPABILITY CERTIFICATE :--FOR SUBMISSION TO GOVT DEPT FOR TENDER APPLICATION , COMM RS. 1 PER RS. 1000,

MIN 100 MAX 500 PER CERTIFICATE .

384. PMMY:--PRADHAN MANTRI MUDRA YOJANA :- MICRO UNITS DEVELOPMENT AND REFINANCE AGENCY LTD , UP TO

MAX RS. 10 LAKH , SHISHU -UP TO RS. 50000, KISHORE 50000 TO 5 LAKH , TARUN FROM RS. 5 LAKH TO RS. 10 LAKH,

MARGIN UP TO 25000 NIL, ABOVE RS. 25000 15-25 %.

385. PMAY:--PRADHAN MANTRI AWAS YOJANA :-ANNUAL HOUSE HOLD INCOME FOR EWS ( ECONOMICALLY WEAKER SEC )

UP TO RS. 3 LAKH , FOR LIG ( LOWER INCOME GROUP ) UP TO RS. 6 LAKH, SELF EMPLOYED RS. 2.5 LAKH , MAX 4

TIMES GROSS ANNUAL INCOME WITH 40 % NTH , MAX LOAN RS. 24 LAKH. , REPAYMENT 20 YRS. NO PROCESSING FEE

UP TO RS. 6 LAKH., AGE 21- 60.

386. PROVISION :--SDIRECT ADV TO AGRIO AND MSME ( MICRO AND SMALL ) 0.25%, COMM REAL ESTATE :-1%, , ALL

OTHER LOANS AND ADV :--0.40%, RESTRUCTRED AC UNDER STD CATEGORY :-5 %, SUB STD :-SECURED 15 % ON

TOTAL O/S , UNSECURED EXPOSURE :-25 % ON O/S LIAB., DOUBTFUL ASSET:--UP TO 1 YR DA1 DEFICIT + 25% OF

SECURITY, MORE THAN 1 YR UP TO 3 YR DA2 DEFICIT + 40 % OF SECURITY, MORE THAN 3 YR 100 % FOR BOTH SECURED

/ UNSECURED , LOSS ASSET :-100 %

387. CREDIT AUDIT:-- RS. 1 CRORE AND ABOVE , LEGAL AUDIT RS. 5 CR AND ABOVE , STRESS AUDIT RS. 50 CR AND

ABOVE.

388. SWL :--STD ASSET , 5 CATEGORY A- LIMIT UP TO 1 LAKH, B—1 LAKH TO 5 LAKH, C- 5 LAKH TO 25 LAKH , D- 25 LAKH

TO 1 CR , E- ABOCE 1 CRORE.

389. QUICK MORTALITY ACCOUNTS :--NEW AC LIABILITY RS. 15 LAKH AND ABOVE , BECOMING NPA WITHIN 12 MONTHS

FROM THE DATE OF FIRST DISBURSEMENT.

390. SMA :--SPECIAL MENTION ACCOUNTS , SMA 0 :-PRINCIPAL OR INT PAYMENT NOT OVERDUE FOR MORE THAN 30

DAYS BUT AC SHOWING SIGNS OF INCIPIENT STRESS, SMA 1:--OVERDUE BETWEEN 31 -60 DAYS, SMA 2 :-OVERDUE

BETWEEN 61 - 90 DAYS.

391. CRILC :--CENTRAL REPOSITORY OF INFORMATION ON LARGE CREDITS , RS. 5 CR AND ABOVE BOTH FB /NFB

EXPOSURE .

392. THREE PILLARS OF BASEL :--MIN CAPITAL REQUIREMENT , SUPERVISORY REVIEW , MARKET DISCIPLINE.

393. CREDIT RATING AGENCIES :--DOMESTIC :--BRICKWORK RATINGS INDIA PVT LTD , CREDIT ANALYSIS AND RESEARCH

LTD , CRISIL LTD , ICRA LTD , INDIA RATINGS AND RESEARCH PVT LTD , SME RATINGS LTD ( SMERA ),

INTERNATIONAL CREDIT RATING AGENCIES :--FITCH , MOODYS, STANDARD AND POORS.

394. MODELS UNDER RISK RATINGS :--PORTFOLIO MODEL LOANS UP TO 2 LAKH, SMALL VALUE MODEL ABOCE 2 LAKH

TO 20 LAKH, MANUAL MODEL ABOVE 20 LAKH TO 200 LAKH , RAM MODEL ABOVE 200 LAKK.

395. DEATH CLAIM :-- DELEGATION OF POWER , WITHOUT NOMINEE MGR / SR MGR -UP TO RS. 2 LAKH , DM / CM UP

TO RS. 3 LAKH, AGM UP TO RS. 5 LAKH .

396. BCSBI :---BANKING CODES AND STANDARDS BOARD OF INDIA TARAPORE COMMITTEE, CHAIRMEN :- A C MAHAJAN ,

FOR DEFICIENCY OF SERVICES.

397. CIBIL :--CREDIT INFORMATION BUREU INDIA LTD , EXEMPTION :--BELOW RS. 1 LAKH LOAN , SALARY CREDIT TO AC,

CANARA PENSION , EL, LOAN AGAINST DEPOSIT, GOLD LOAN , STAFF LOAN.

403. DEPOSIT IN BANK 404. DEBTOR 405. CREDITOR

406. LOAN FROM BANK 407. CREDITOR 408. DEBTOR

409. SDL 410. LESSOR 411. LESSEE

412. SCA 413. BAILEE 414. BAILOR

415. ISSUER OF DD 416. DEBTOR 417. CREDITOR

418. COLLECTION OF CHEQUE 419. AGENT 420. PRINCIPAL

421. GOODS LEFT NEGLIGENTLY

BY CUSTOMER

422. TRUSTEE 423. BENEFICIARY

424. PLEDGE 425. PAWNER , PLEDGEE 426. PAWNEE, PLEDGER

427. HYPOTHECATION 428. HYPOTHECATEE 429. HYPOTHECATOR

430. ASSIGNMENT 431. ASSIGNEE 432. ASSIGNOR

433. MORTGAGE 434. MORTGAGEE 435. MORTGAGOR

436.

437. SMA :--SPECIAL MENTION ACCOUNTS , SMA0:- OVERDUE UP TO 30 DAYS, SMA1:-OVERDUES FROM 31 ST TO 60 DAYS,

SMA2:- OVERDUES FROM 61 ST DAY TO 90 DAYS .

438. RED FLAGGED ACCOUNTS ( RFA ) :--RS. 50 CR AND ABOVE , A SUSPICIOUS FRAUDULENT TRANS REPORTED.

439. WILLFUL DEFAULTER CUT OFF LIMIT RS.25 LAKH FIXED BY CVC .

440. LEGAL ENTITY IDENTIFIER ( L E I ) :- FOR LARGE BORROWER CORPORATE , HAVING 20 DOGIT UNIQUE CODE.

EXPOSURE RS. 5 CR AND UP TO 50 CR .

441. ATM / CASH DISPENCER POLICY:-BANK TO REIMBURSE IN 7 DAYS AMOUNT WRONGFULLY DEBITED , FASILED ATM

TRANS . COMPENSATION RS. 100 PER DAY IF COMPLAINT LODGED IN 30 DAYS BY THE CUSTOMER.

442. WORKING CAPITAL METHODS :--TURN OVER METHOD UP TO 5 CR ( SME ), NON SME UP TO 2 CR. MPBF METHOD :--

ABOVE 5 CR TO 25 CR ( SME ) , OTHER THAN SME ABOVE 2 CR , CASH BUDGET METHOD :-ABOVE 25 CRORES.

443. VALIDITY OF SACTIONS :--WC 3 MONTHS , TL 6 MONTHS , STL / ADHOC 30 DAYS.

444. ADHOC CREDIT FACILITY :--MAX 90 DAYS , MAX 2 TIMES IN A FIN YEAR , 20% OF UNEXPIRED REGULAR LIMIT ,

SCALE 4 AND ABOVE IS THE AUTHORITY.

445. TOL ( TEMPORARY OVER LIMIT ) :--MAX FOR 7 DAYS , ONCE IN A MONTH , 12 TIMES IN A FIN YEAR, 10 % OF UN

EXPIRED REGULAR LIMIT , SCALE 4 AND ABOVE IS AUTHORITY .

446. PAYMENT BANKS :--NO LENDING ACTIVITY, MUTUAL FUNDS AND INS BUSINESS , DEBIT CARD CAN ISSUE, CREDIT

CARD CANNOT ISSUE, MIN PAID UP CAPITAL RS. 100 CR , MIN CAR 15% .

447. SUKANYA SDAMRUDHHI ACCOUNT :--INDIVIDUAL ONLY, ONLY ONE AC , AGE UP TO 10 YRS, MAXC 2 GIRL CHILDREN ,

3 IN CASE OF TWINS, AADHAAR IS MANDATORY , MIN RS. 1000 MAX RS. 150000 IN F Y ., FOR 15 YRS , ACCOUNT

MATURES ON 21 YRS OF GIRL, PREMATURE CLOSURE PERMITTED , NO PENALTY , INT ONCE IN A YEAR COMPOUNDED

INT , CAN WITHDRAW AMOUNT ON ATTAINING AGE OF 18 TH OR 10 TH STD PASSED WHICHEVER IS EARLIER.

448. CANARA TRAVEL PRE PAID CARD :--NON PERSONALISED EMV CHIP CARD , AVAILABLE IN 7 CURRENCIES , USD / EURO

/ GBP / CAD / AUD / SGD / AED , CARD VALIDITY 5 YRS , CANNOT USE IN INDIA / NEPAL / BHUTAN / NORTH KOREA ./

CUBA / IRAN. , CAN BE USED FOR POS / ONLINE PAYMENT / ON LINE SHOPPING / ATM WITHDRAWAL AT FOREIGN

LOCATIONS .

449. BHARAT QR :--NO PHYSICAL POS MACHINE IS REQUIRED , SCAN AND PAY , SB /CA , MDR -CHARGES NIL UP TO RS. 2000 ,

ABOVE RS. 2000 MDR CHARGES 0.3 % MAX RS. 200 FOR MERCHANT TURNOVER UP TO RS. 20 LASKH, 0.8% MAX RS.1000

FOR MERCHANT TURNOVER ABOVE RS. 20 LAKH .

LOANS AND ADVANCES INCLUDING BALANCE SHEET ANALYSIS

1. ˜Credit Rating Agencies in India are regulated by: RBI

2. ˜CRISIL stands for: Credit Rating Information Services of India Ltd.

3. ˜Deferred Payment Guarantee is : Guarantee issued

when payment by applicant of guarantee is to be made in installments over a period of time.

4. ˜If Break Even Point is high, it can be construed that the margin of safety is ____: Low.

5. ˜Long Term uses – 12; total Assets – 30; Long Term source 16; What is net working capital : 4

6. ˜On which one of the following assets, depreciation is applied on Straight line method: Computers.

7. ˜Projected Turnover is Rs.400 lacs, margin by promoter is Rs. 20 lacs. What is maximum bank

finance as per Annual Projected Turnover method: 80 lakhs.

8. ˜Rohit was a loanee of the branch and news has come that he has expired. On enquiry, it was

observed that he left some assets. Upto what extent the legal heirs are liable to the Bank? Legal heirs are

liable for the liabilities upto the assets inherited by them.

9. ˜The appraisal of Deferred Payment Guarantee is same as that of a) Demand Loan b) OD c) Term

Loan d) CC : Term Loan.

10. A cash credit account will be treated as NPA if the CC limit is not renewed within ___days from the

due date of renewal: 180 days.

11. A director of a bank wants to raise loan of Rs 10 lakh from his bank against Life Insurance Policy with

surrender value of more than Rs 15 lakh. What will be done?: Bank can sanction.

12. A firm is allowed a limit of Rs.1.40 lac at 30% margin. It wants to avail the limit fully. How much will

be the value of security : Rs.2 lac

13. A guarantee issued for a series of transactions is called: Continuing guarantee

14. A lady who has taken a demand loan against FD come to the branch and wants to add name of her

minor son, as joint a/c holder. What you will do?: Name can be added only after adjustment of the loan.

15. A letter of credit which is issued on request of the beneficiary in favour of his supplier: Back to Back

LC

16. A loan is given by the bank on hypothecation of stock to Mr. A. Bank receives seizure order from

State Govt. What should bank do?: Bank will first adjust its dues and surplus if