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Keys For Quiz

The document contains a series of questions and answers related to banking policies, regulations, and services offered by Canara Bank. It covers topics such as loan limits, transaction fees, account types, and compliance guidelines. Each question is paired with a specific answer, providing essential information for bank employees and customers alike.

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prudhveemi3
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0% found this document useful (0 votes)
288 views5 pages

Keys For Quiz

The document contains a series of questions and answers related to banking policies, regulations, and services offered by Canara Bank. It covers topics such as loan limits, transaction fees, account types, and compliance guidelines. Each question is paired with a specific answer, providing essential information for bank employees and customers alike.

Uploaded by

prudhveemi3
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

S no Question Keys

1 The validity period for Corporate mobile banking 180 days


application ( Corporate ai1) login and transaction
passcode(MPIN/TPIN) is _______
2 What is the maximum total income up to which resident Rs.12,00,000/-
senior citizens , aged 60 years and above , can submit p.a.
Form 15H for non deduction of TDS under new tax
regime?
3 A microfinance loan is defined as a collateral-free loan ₹3,00,000
given to a household having annual household income
up to _____________ .
4 How many currencies can be loaded in one Canara Bank THREE
International
Travel Prepaid Card (CB-ITPC)?
5 Under Canara Aspire Minor Savings account the total ₹10,000 per
aggregate debit transactions shall not exceed __________ month
including fund transfers and withdrawal through debit
card.
6 Which is the in-house portal developed by the bank for RGTS
dissemination and follow up of compliance to
regulatory guidelines?
7 What is the name of the campaign launched from from Campaign Revive
24.07.2025 to 30.09.2025 to activate
Inoperative/Dormant accounts by our Bank ?
8 RERA (Real Estate Regulatory Authority) registration is 500 sq. mtrs
mandatory for projects exceeding __________ or ,more than 8
with___________ , including both new and ongoing projects units
that haven't received a completion certificate
9 The milestone Award for Employees on Completion of 25000
40 Years of Unblemished Service with effect from
01.04.2025 is _____
10 The eligibility criteria for availing one free certification Monthly Average
course from Coursera for Canara Aspire customers has Balance
been modified to _________ Rs.2000/-
11 The revised TAT for acceptance / rejection by the 3 days
Beneficiary Bank on the chargeback raised for disputed
IMPS transaction prescribed by NPCI is __________
12 The Global Exposure Ceiling to industrial sectors Rs 6,00,000
(Domestic + Overseas) has been enhanced from Rs Crores
5,35,000 crores to _______ for the FY 2025-26.

13 Which among the following customer type is ineligible Partnership


for onboarding and transacting through UPI channel?
14 What is the maximum amount per day for Foreign SGD 1000
Inward Remittance (FIR) or Foreign Outward
Remittance (FOR)permitted by NPCI for IndiaSingapore
cross border remittance system using UPI-PayNow
linkage ?
15 What is the TAT for raising chargeback on P2M UPI 90 days from the
disputed transactions w.e.f 15.07.2025? date of
transaction
16 The revised periodicity of Stock / Book debt statement Quarterly
under Canara GST w.e.f 01.10.2025 is
17 The commission charges payable to Business Rs. 10/- +GST
Correspondent agent for each successfully generated
TDS/Interest Certificate is
18 What is the Odd hour transaction Limits for NEFT in Rs 10 Lakh
case of Corporate Customers through Internet Banking
?
19 The per day aggregate withdrawal limit under Canara ₹ 5,000
aspire minor savings account shall not exceed
_______________
20 What is the TAT for raising fradulent chargeback on 45 days from the
disputed IMPS transaction by the remitter bank ? transaction date
21 Who is the regulator for issuing guidelines regards to CERSAI
CKYC ?
22 The Maximum age limit for BC agent is 65 Years
23 What is the Odd hour transaction Limits for RTGS in Rs 5 lakhs
case of retail Customers through Internet Banking ?
24 What is the revised new limit per transaction under UPI Rs 1,000/-
Lite ?
25 Non-issue of coins over the counter to any member of ₹10,000 (Rupees
public despite having stock attracts a penalty of ________ Ten Thousand)
per instance
26 What is the concession provided on applicable service 10%
charges for Forex Transactions initiated through FX4U?
27 As per RBI guidelines, all Banks ATMs should dispense 90%
Rs.100 and Rs.200 denomination banknotes on a
regular basis. By March 31 2026, _____ Percent of all
ATMs shall dispense either Rs.100 or Rs.200
denomination banknotes from atleast one cassette.
28 What is the expected TAT to convert a positive 30 days
contacted lead in PROSPER?
29 Canara Bank's DIY current account facility is available Individuals and
for? Proprietorship
firms
30 Which technology is used for activating PM Aadhaar-based
VIDYALAXMI app? authentication
31 To mitigate this risk and prevent unauthorized 12 months or
reactivation of inactive User IDs in Internet Banking, longer
the Internet Banking channel access for users who
remain inactive for a period of________________will be
removed.
32 What is the interest rate for the Public Provident Fund 7.10%
(PPF) scheme for Q2 of FY 2025–26?
33 What is the maturity period of Kisan Vikas Patra? 115 months
34 The redemption price of sovereign gold bond is Indian Bullion
determinded and notified by and Jewellers
Association
35 The revised service charges for issuance of withdrawal Rs 4 + GST per
slips for those account holders who hold cheque book instance
with them ?
36 What is the timeline for Branches to submit the 5th of Succeeding
minutes of monthly customer meetings in PSR 54 Month
enabled in SAS package failing which it will be treated
as Non Compliance ?
37 The revised payment of Agency Commision on Conduct ₹ 75
of Government Business by Agency Banks for pension
payments is _______ per transaction
38 Prosper Leads marked as "Contacted Prospective" by 15th day
the Branch gets auto escalated to NHA on ___________ if
not converted to Business.
39 No loan related and adhoc service charges/inspection Rs.15000/-
charges should be levied on PSL up to
40 What is the commission payable to BC agent for the No commission
PMJDY overdraft facility lead generation ? charges
41 What is the finance charge applicable on cash 1.0% per month
withdrawal using unsecured credit card per month?
42 The minimum contribution that is required for National Rs 200/-
Pension Scheme NPS Vatsalya (Scheme for Minor )per
annum is
43 What is CPTS ? Credit Proposal
Tracking System
44 Education loans to individuals , including vocational 4 lakhs
courses not exceeding _________ will be considered as
eligible for Priority Sector classification
45 What is the period of Preservation for the records 5 Years
related to disputes or litigations in the court of Law ?
46 What is the mimimum loan quantum that can be availed 50% of NAV with
under Insta MF incase of Equity/Hybrid Mutual Fund ? minimum of
Rs.25000/
47 What is the period of Preservation for the records 20 yrs
related to unclaimed deposits after it is settled?
48 What is the OTP validity period for authentication of 45 seconds
Cash NEFT transactions through FP 2057 system?

49 What is NIEI account ? Non Interest


Earning
Inoperative
Accounts
50 The free certification course from Coursera for the 24.11.2025
eligible customers shall be available till
51 Processing charges are waived upto Rs ___ lakhs for 5
SHG/JLG loans
52 Mutual Credit Guarantee Scheme for MSMEs (MCGS- Upto 100 Crore
MSME) is introduced to provide guarantee coverage for
term loan assistance of upto ___________ to eligible MSMEs
53 What is the mode of disbursement of Insta MF term Demat Account of
loan? borrower
through Straight-
through-
Processing (STP)
54 What shall be the minimum CIC Score under Canara 650 & above
Insta MF Loan ?
55 The permitted/Available currencies for Canara Bank All the three
International
Travel Prepaid Card (CB-ITPC)?
56 The credit balances in closed accounts shall be T + 3 DAYS
refunded to the customers within __________ days from
the date of loan outstanding is having credit balance.
57 What is the Maximum Store Value limit/Top-up value Rs 5,000/-
under UPI Lite facility in Canara ai1 app?
58 What is the monetary penalty for Counterfeit notes Rs. 10000 per
detected in ATM dispensations/ disbursement over the instance of
counter or wilful non-impounding of counterfeit notes Violation
detected at the banks ?
59 As per RBI guidelines, the counterfeit notes received sent to the
back from the police authorities/courts shall be concerned Issue
preserved for three years from the date of receipt and Office of RBI
after the preservation period the notes shall under whose
be___________ jurisdiction the
branch/ CC is
functional
60 As per RBI guidelines, the repatriation process of 3 working days
unclaimed deposits should be completed within how
many days from the receipt of the complete
application?
61 What is the timeframe adopted by our Bank for 7 days
resolution of Complaints forwarded by RBI (CMS Portal
)?
62 What is the full form of APR in context of Digital Annual
Lending Platform? Percentage Rate
63 The Service charges to be collected from customers for Rs 17 + GST
transactions declined in ATMs due to insufficient funds
in their account ?
64 The Premature redemption price of SGB shall be based three business
on the simple average_____________ of closing gold price of days
999 purity of previous from the date of redemption
65 What is the concession in processing charges on retail 50%
loans to Canara Premium Payroll customers - Diamond
Variant?
66 The service charges applicable in case of failure of loan Rs 100+GST
drawdowns on due date
67 Obtention of CA certificate is mandatory incases where Rs 5,00,000/-
the amount of tax (CGST+SGST+IGST) involved in
reversal transaction by Branches/Offices to a customer
through tax credit notes in a Financial Year exceeds
___________
68 The additional factor recently introduced for Cash NEFT Customer
Transactions for walk in customers ? Authentication
through OTP
generation and
Validation
69 ___is a process of reconfirming the key details of high Positive Pay
value cheques, issued to the drawee bank by the System
customers.
70 Any request for closure of a credit card should be 7
honored within __________working days,subject to
payment of all dues by the cardholder.
71 What are the financial API SERVICES provided to Only a, b, d
Corporate Customers for corporate Business
[Link] out Services
b . Collection Service
c. Reconciliation Services
d. Batch Upload service
72 What is the maximum subsidy under CRTS-PM Surya Rs 1,00,000/-
Ghar Muft Bijli Yojana ?
73 EASE stands for ? Enhanced Access
and Service
Excellence
74 The recently added facility for Customers transacting TDS and
Through Business Correspondent Channels? Provisional
Interest
Certificate for
Education and
Housing Loans
75 What is the total ceiling fixed for Intra-Group ₹12,000 Crores
Transactions and Exposures for FY 2025–26?

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