Latest Canara Bank Clerk question papers, test pattern and Placement papers
Q1. Could You Tell About Network Of Canara Bank?
Canara bank with 3057 branches and over 2000 ATMs, catering to all segments of an ever developing customers base of over 37.Five million.
Q2. What Is A Bank?
A financial institution is a monetary group whose primary hobby is to act as a price agent for clients and to borrow and lend cash. It is an organization for receiving, preserving, and lending cash.
Q3. Where Was The Headquarters Of Canara Bank Located ?
Canara Bank, Head Office, Bangalore
Q4. Can You Explain The Reforms That Taken Place In The Indian Banking Industry ?
The Narasimham Committee laid the foundation for the reformation of the Indian banking sector.Constituted in 1991, the Committee submitted two reviews, in 1992 and 1998, which laid significant thrust on improving the performance and viability of the banking sector.
Q5. Why Do You Choose Clerk Job As Your Career ?
You simply say, “Job Security and Job in Canara bank is a privilege and it's miles a service to nation”
Q6. When Was Nationalised Canara Bank?
Nationalization inside the 12 months 1969
Q7. What Are The Functions Of Reserve Bank Of India ?
Mainly the capabilities of RBI are labeled as follows:
Bank of Issue
Banker to Government
Bankers’ Bank and Lender of the Last Resort
Controller of Credit
Custodian of Foreign Reserves
Q8. Important Terms?
SLR – Statutory liquidity ratio
CRR – Cash reserve ratio
Repo price – It is the fee at which RBI lends cash to Banks.
Reverse Repo Rate – It is the price at which Banks park their funds with RBI
Bank Rate – It is the fee at which RBI lends cash to Banks.
Call cash charge – It is the charge of hobby charged through the banks for temporary borrows among banks Ledger
Tender Money – Currency issued via RBI Optional Money – Cheques, DDs, Bankers Cheques
Plastic Money – Credit card, Debit card Credit card is ready made overdraft in e-shape for buying goods and offerings by using the cardboard holder inside specified limits and consistent with phrases and situations of the issuer Bank without having any account. Debit card is e-Cheque which may be used within the limits of the credit score within the account related to it for monetary tractions.
Core Banking – Networking of Banks for offering any in which any time Banking is called Core Banking.
Merchant Bank presents capital to corporations within the form of stocks in place of money.
Investment Banks tend to offer funding to corporations.
Corporate Banking appears after the desires of huge companies, businesses, commercial enterprise entities.
Business Banking looks after desires of medium degree business corporations, entities, people.
Retail banking focuses to provide offerings to individuals.
Private banking focuses to provide offerings to excessive net worth people.
Lead Banking specializes in offering all type of economic services.
Narrow Banking focuses on a specific area like Mortgage, Auto Finance and so forth.
Q9. Canara Bank Line ?
“Global Bank with Best Practices”
Q10. What Was The Canara Bank Initial Name?
Initially the call became ‘Canara Bank Hindu Permanent Fund’Later modified as ‘Canara Bank Ltd.’ in 1910 and have become Canara Bank in 1969 after nationalization.
Q11. What Are The Primary Functions Of A Commercial Bank ?
The primary functions of a industrial bank include:
a) accepting deposits; and
b) granting lo and advances
Q12. Who Is The Chairman Of Canara Bank ?
Mr S Raman
Q13. What Is Bank Rate ?
A Bank rate is the interest fee that is charged by way of a country’s primary or federal bank on lo and advances to govern cash deliver within the economic system and the banking quarter. This is typically done on a quarterly basis to control inflation and stabilize the u . S .’s trade charges. A fluctuation in financial institution prices triggers a ripple-impact as it impacts every sphere of a country’s economy. For instance, the prices in inventory markets have a tendency to react to interest charge modifications. A alternate in financial institution quotes affects clients as it impacts prime hobby prices for non-public lo.
Q14. What Is Inflation?
Inflation is boom in charge of products & decrease in cost of cash.
Q15. What Is Repo Rate ?
Whenever the banks have any scarcity of budget they can borrow it from the vital financial institution. Repo rate is the fee at which our banks borrow forex from the principal bank. A reduction in the repo rate will assist banks to get Money at a inexpensive charge. When the repo price will increase borrowing from the vital bank will become extra highly-priced.The Reverse repo fee is the price at which the critical bank borrows from the banks, at the same time as the Repo charge is the price at which the banks borrow from the imperative financial institution.
Q16. When Did The Bank Came Into Existence ?
July 1906, at Mangalore
Q17. Difference Between Repo Rate And Bank Rate?
The Main distinction between Repo fee and Bank charge is that Repo rate is the discounting supplied through the RBI at the financial invoice preserve by way of the Banks