When the PLI policy treated as lapsed a) Policy is less than two year old and if due installment are not paid within 6 month the policy may be treated as lapsed b) Policy is less than five year old and if due installment are not paid within 12 month the policy may be treated as lapsed c) Policy is less than three year old and if due installment are not paid within 6 month the policy may be treated as lapsed d) None of these

When the PLI policy treated as lapsed
a) Policy is less than two year old and if due installment are not paid within 6
month the policy may be treated as lapsed
b) Policy is less than five year old and if due installment are not paid within 12
month the policy may be treated as lapsed
c) Policy is less than three year old and if due installment are not paid within 6
month the policy may be treated as lapsed
d) None of these
by

1 Answer

Answer :

c) Policy is less than three year old and if due installment are not paid within 6
month the policy may be treated as lapsed
by

Related questions

How can we revive the lapsed PLI policy? a) Lapsed PLI cannot be revived b) Lapsed PLI can be revived after the sanction of the DG Post c) Lapsed PLI can be revived with the order of the CPMG and on paying all the installment due along with 12% interest and also producing medical fitness certificate d) Lapsed PLI can be revived getting another policy

Description : How can we revive the lapsed PLI policy? a) Lapsed PLI cannot be revived b) Lapsed PLI can be revived after the sanction of the DG Post c) Lapsed PLI can be revived with the ... with 12% interest and also producing medical fitness certificate d) Lapsed PLI can be revived getting another policy

Last Answer : c) Lapsed PLI can be revived with the order of the CPMG and on paying all the installment due along with 12% interest and also producing medical fitness certificate

In case the policy three year old and if premium is not paid for 12 month and more then the permission form the ______ is necessary a) DDG PLI b) DG Post c) Head of the Circle d) SSP/SP

Description : In case the policy three year old and if premium is not paid for 12 month and more then the permission form the ______ is necessary a) DDG PLI b) DG Post c) Head of the Circle d) SSP/SP

Last Answer : c) Head of the Circle

Mark the correct option a) SDI/ASPDs shall be entitled to an incentive equal to 10% of the commission paid to the agents b) A policy holder of WLA PLI/RPLI shall be eligible for tacking Children policy to his/her child c) Mail overseer should have min 10th standard qualification for doing this job. d) All the above

Description : Mark the correct option a) SDI/ASPDs shall be entitled to an incentive equal to 10% of the commission paid to the agents b) A policy holder of WLA PLI/RPLI shall be eligible for tacking ... child c) Mail overseer should have min 10th standard qualification for doing this job. d) All the above

Last Answer : d) All the above

In the event of policy holder committing suicide a) The full maturity benefit will be paid b) No claim will be entertained in suicide cases c) Within two year from the date of policy, the policy will be treated as void and no claim will be entertained d) The premium will be returned a/w SB interest

Description : In the event of policy holder committing suicide a) The full maturity benefit will be paid b) No claim will be entertained in suicide cases c) Within two year from the date of policy, the policy ... treated as void and no claim will be entertained d) The premium will be returned a/w SB interest

Last Answer : c) Within two year from the date of policy, the policy will be treated as void and no claim will be entertained

Mark the correct option relating to the loan on PLI policy (WLA) a) Exceeding 4 years but not exceeding 7 years 60% b) Exceeding 7 years but not exceeding 12 years 80% c) Exceeding 12 years 90% d) All the above

Description : Mark the correct option relating to the loan on PLI policy (WLA) a) Exceeding 4 years but not exceeding 7 years 60% b) Exceeding 7 years but not exceeding 12 years 80% c) Exceeding 12 years 90% d) All the above

Last Answer : d) All the above

Gratuity can paid by a. single sum b. installment

Description : Gratuity can paid by a. single sum b. installment

Last Answer : a. single sum

An account bag from the SO to HO contain a) The SO daily A/c, MO issue journal, MO paid list. b) List of SB transactions/List of SB documents c) Memo of IPO, Certificate, issued and discharged d) A rolls, daily list of PLI premia collected and paid e) All the above

Description : An account bag from the SO to HO contain a) The SO daily A/c, MO issue journal, MO paid list. b) List of SB transactions/List of SB documents c) Memo of IPO, Certificate, issued and discharged d) A rolls, daily list of PLI premia collected and paid e) All the above

Last Answer : e) All the above

The max PLI policy limit for a physically handicapped persons is a) 300000/- b) 500000/- c) 100000/- d) None of these

Description : The max PLI policy limit for a physically handicapped persons is a) 300000/- b) 500000/- c) 100000/- d) None of these

Last Answer : c) 100000/

The children policy in PLI and RPLI was introduced in a) 24 Mar 1995 b) 20 Jan 2006 c) 01 Apr 2004 d) None of these Ans:b

Description : The children policy in PLI and RPLI was introduced in a) 24 Mar 1995 b) 20 Jan 2006 c) 01 Apr 2004 d) None of these Ans:b

Last Answer : b) 20 Jan 2006

Nomination fee for changing/altering of PLI policy is a) Rs 1/- b) Rs2/- c) Rs 5/- d) Free

Description : Nomination fee for changing/altering of PLI policy is a) Rs 1/- b) Rs2/- c) Rs 5/- d) Free

Last Answer : d) Free

Mark the correct option a) Interest at 10% per annum is charged on the loan compounded half yearly b) Second loan is not admissible until first loan is cleared. c) Loan are not available on AEA policies d) The risk is covered on the PLI policy by dept only from the date of acceptance of the proposal by the CPMG e) All the above

Description : Mark the correct option a) Interest at 10% per annum is charged on the loan compounded half yearly b) Second loan is not admissible until first loan is cleared. c) Loan are not available on AEA policies ... policy by dept only from the date of acceptance of the proposal by the CPMG e) All the above

Last Answer : e) All the above

Mark the correct option relating to the loan on PLI policy (EA) e) Exceeding 3 years but not exceeding 5 years 60% f) Exceeding 5 years but not exceeding 10 years 80% g) Exceeding 10 years 90% h) All the above

Description : Mark the correct option relating to the loan on PLI policy (EA) e) Exceeding 3 years but not exceeding 5 years 60% f) Exceeding 5 years but not exceeding 10 years 80% g) Exceeding 10 years 90% h) All the above

Last Answer : h) All the above

What is the max PLI policy limit for a person a) 300000/- b) 500000/- c) 2000000/- d) No limit

Description : What is the max PLI policy limit for a person a) 300000/- b) 500000/- c) 2000000/- d) No limit

Last Answer : c) 2000000/

Who are eligible for obtaining a PLI Policy of the following a) Central/Stage Govt employees b) Defense services c) Nationalized banks/RBI d) All the above

Description : Who are eligible for obtaining a PLI Policy of the following a) Central/Stage Govt employees b) Defense services c) Nationalized banks/RBI d) All the above

Last Answer : d) All the above

Mark the correct option relating to RD a) If there are more than four monthly defaults, the account shall be treated as discontinued b) Revival of the account shall be permitted only within a period of two months from the month of fifth default. c) Discontinued account can be closed after three years d) All the above

Description : Mark the correct option relating to RD a) If there are more than four monthly defaults, the account shall be treated as discontinued b) Revival of the account shall be permitted only within a period ... of fifth default. c) Discontinued account can be closed after three years d) All the above

Last Answer : d) All the above

if a government servant re appoint after break in service , then it should be treated as in continuous service for medical examination for fitness checking Considering the above ruling please select the condition of break in service period a. more than one month b. more than two month c. within one year

Description : if a government servant re appoint after break in service , then it should be treated as in continuous service for medical examination for fitness checking Considering the above ruling please select the condition ... service period a. more than one month b. more than two month c. within one year

Last Answer : c. within one year

PLI services tax and edncess has been withdrawn form a) 1 Nov 07 b) 01 Mar 2005 c) 1 May 95 d) None of these

Description : PLI services tax and edncess has been withdrawn form a) 1 Nov 07 b) 01 Mar 2005 c) 1 May 95 d) None of these

Last Answer : a) 1 Nov 07

As per revised Govt policy the insurant will get approximately a) Less than 40% of total premia paid by him, if surrendered before completion of 5 years b) 75% after completion of 5 years but before 10 years c) Full recovered amount after 10 year d) All the above

Description : As per revised Govt policy the insurant will get approximately a) Less than 40% of total premia paid by him, if surrendered before completion of 5 years b) 75% after completion of 5 years but before 10 years c) Full recovered amount after 10 year d) All the above

Last Answer : d) All the above

Mark the correct option relating to Senior citizens saving scheme a) An individual of the Age 60 years or more may open the account b) An individual of the age of 55 years or more but less than 60 years who has retired on superannuation or under VRS can also open account within the one month of receipt the retirement benefits and not exceed the amount of retirement benefits c) The maturity period is 5 years d) All the above

Description : Mark the correct option relating to Senior citizens saving scheme a) An individual of the Age 60 years or more may open the account b) An individual of the age of 55 years or more but less than 60 ... and not exceed the amount of retirement benefits c) The maturity period is 5 years d) All the above

Last Answer : d) All the above

Void MO can be paid to the remitter or payee if application is made before expiry of a) 6 Month from issue of original MO b) 12 Month from issue of original MO c) Month from issue of original MO d) None of these

Description : Void MO can be paid to the remitter or payee if application is made before expiry of a) 6 Month from issue of original MO b) 12 Month from issue of original MO c) Month from issue of original MO d) None of these

Last Answer : b) 12 Month from issue of original MO

Mark incorrect option related to Postcard a) Should not be folded, cut or altered and should be sent unenclosed b) Breach the conditions may be treated as letter and postage will be taxed accordingly c) Unpaid and insufficiently paid postcards are forwarded taxed with double the deficiency. d) The amount recovered from sender after the delivery.

Description : Mark incorrect option related to Postcard a) Should not be folded, cut or altered and should be sent unenclosed b) Breach the conditions may be treated as letter and postage will be taxed ... forwarded taxed with double the deficiency. d) The amount recovered from sender after the delivery.

Last Answer : d) The amount recovered from sender after the delivery.

Mark the correct option a) Surface mail received for delivery in India from a country India may be redirected by the surface mail to any country on payment if dispatched to its new destination. b) If the above charge not paid before redirection, it will be treated as insufficiently paid & tax equal to difference in postage (notdouble) to be collected at the time of delivery c) a and b are correct d) None of these correct

Description : Mark the correct option a) Surface mail received for delivery in India from a country India may be redirected by the surface mail to any country on payment if dispatched to its new destination. b) If the ... be collected at the time of delivery c) a and b are correct d) None of these correct

Last Answer : c) a and b are correct

Payment of incentive to Dos(PLI) a) Up to Rs 4 crores of sum assured Nil b) Above Rs 4 crores and up to Rs 6 crores of sum assured Rs 25/- per 10000/- c) Above Rs 6 crores of sum assured Rs 20/- per 10000/- d) All the above

Description : Payment of incentive to Dos(PLI) a) Up to Rs 4 crores of sum assured Nil b) Above Rs 4 crores and up to Rs 6 crores of sum assured Rs 25/- per 10000/- c) Above Rs 6 crores of sum assured Rs 20/- per 10000/- d) All the above

Last Answer : d) All the above

Period within complaints should be prepared in case of VP, loss /damage of regd& ins article, other complaint related to inland post, miscarriage /destruction of postal order & SP is a) 12 month, 3 month, 6 month, 12 month, 1 month b) 24 month, 6 month, 9 month, 1 month, 2 month c) 36 month, 1 month, 6 month, 9 month, 2 month d) 6 month, 3 month3 month, 9 month, 1 month

Description : Period within complaints should be prepared in case of VP, loss /damage of regd& ins article, other complaint related to inland post, miscarriage /destruction of postal order & SP is a) 12 month, 3 month, 6 month, ... 1 month, 6 month, 9 month, 2 month d) 6 month, 3 month3 month, 9 month, 1 month

Last Answer : a) 12 month, 3 month, 6 month, 12 month, 1 month

The decision of competent authority that DO(PLI) procuring effective business to the tune of ____ or more shall no be eligible for automatic extension of tenure for the next ___ year. Such extension will be granted by ______subject to good work,conduct & satisfactory record in the year. a) 10 crores, 1 year, Head of the circle, b) 20 crores, 2 year, DG Post c) 25 crores, 1 year, Head of the circle d) 25 cores. 1 years, SSP/SP

Description : The decision of competent authority that DO(PLI) procuring effective business to the tune of ____ or more shall no be eligible for automatic extension of tenure for the next ___ year. Such extension will be granted by ... Post c) 25 crores, 1 year, Head of the circle d) 25 cores. 1 years, SSP/SP

Last Answer : c) 25 crores, 1 year, Head of the circle

Mark the incorrect option a) EA & Yugal suraksha policies may be surrendered or made paid up after 3years.b) WL and CWL policies may be surrendered or made paid up after 4 yearsc) AEA policy may be surrendered after 3 yeard) All the above Ans:c( AEA policy cannot be surrendered)25. As per revised Govt policy the insura

Description : Mark the incorrect option a) EA & Yugal suraksha policies may be surrendered or made paid up after 3 years. b) WL and CWL policies may be surrendered or made paid up after 4 years c) AEA policy may ... All the above Ans:c ( AEA policy cannot be surrendered) 25. As per revised Govt policy the insura

Last Answer : c) AEA policy may be surrendered after 3 year

Where a trader or a person against whom a complaint is made or complainant fails or omits to comply with order made by commission a) Shall be punishable with fine shall not be less than two thousand rupees b) Shall be punishable with imprisonment shall not be less than one month but which may be extend three year. c) Shall be punishable with fine shall not be less than two thousand rupees but which may be extend ten thousand rupees d) Both the B&C

Description : Where a trader or a person against whom a complaint is made or complainant fails  or omits to comply with order made by commission a) Shall be punishable with fine shall not be less than two ... be less than two thousand rupees but which  may be extend ten thousand rupees d) Both the B&C

Last Answer : d) Both the B&C

Breach of contract to attend on and supply wants of helpless person shall be punished with imprisonment of either description for a term which may extend to ____, or with fine which may extend to _____, or with both a) One month, One thousand b) Three month, five hundred c) Three month, two hundred d) None of these

Description : Breach of contract to attend on and supply wants of helpless person shall be  punished with imprisonment of either description for a term which may extend to ____, or  with fine which may extend to _____, ... One thousand b) Three month, five hundred c) Three month, two hundred d) None of these 

Last Answer : c) Three month, two hundred 

Disobedience to order duly promulgated by public servant shall be punished with imprisonment of either description for a term which may extend to ____ , or with fine which may extend to ___ rupees, or with both a) One month, six hundred b) Three month, five hundredc) One month, two hundred d) None of these.

Description : Disobedience to order duly promulgated by public servant shall be punished with  imprisonment of either description for a term which may extend to ____ , or with fine  which may extend to ___ rupees, or with ... six hundred b) Three month, five hundred c) One month, two hundred d) None of these

Last Answer : c) One month, two hundred

Whoever, being bound by law to render or furnish assistance to any public servant in the execution of his public duty, intentionally omits to give such assistance, shall be punished with simple imprisonment for a term which may extend to ___, or with fine which may extend to ___rupees, or with both; a) One month, six hundred b) Three month, five hundred c) One month, two hundred d) None of these

Description : Whoever, being bound by law to render or furnish assistance to any public servant  in the execution of his public duty, intentionally omits to give such assistance, shall be  punished with simple imprisonment for ... hundred b) Three month, five hundred c) One month, two hundred d) None of these

Last Answer : c) One month, two hundred

if such disobedience causes or tends to cause danger to human life, health or safety, or causes or tends to cause a riot or affray, shall be punished with imprisonment of either description for a term which may extend to ____, or with fine which may extend to _____, or with both a) Six month, One thousand b) Three month, five hundred c) Six month five hundred d) None of these

Description : if such disobedience causes or tends to cause danger to human life, health or safety,  or causes or tends to cause a riot or affray, shall be punished with imprisonment of either  description for a term ... , One thousand b) Three month, five hundred c) Six month five hundred d) None of these

Last Answer : a) Six month, One thousand

Resistance to the taking of property by the lawful authority of a public servant shall be punished with simple imprisonment may extend_____ , or with fine which may extend to ____ or with both a) One month, five hundred b) Three months, five hundred c) Six month, one thousand d) None of these

Description : Resistance to the taking of property by the lawful authority of a public servant shall  be punished with simple imprisonment may extend_____ , or with fine which may extend to  ____ or with both a) One month, five hundred b) Three months, five hundred c) Six month, one thousand d) None of these

Last Answer : c) Six month, one thousand

False information, with intent to cause public servant to use his lawful power to the injury of another person shall be punished with a) Simple imprisonment for a term may extend to 6 month b) With fine which may extend to five hundred rupees c) Both the A & B d) A or B or C

Description : False information, with intent to cause public servant to use his lawful power to the  injury of another person shall be punished with a) Simple imprisonment for a term may extend to 6 month b) With fine which may extend to five hundred rupees c) Both the A & B d) A or B or C

Last Answer : d) A or B or C

If the summons or notice or order is to attend in person or by agent, or to produce a document or an electronic record in a court of justice. a) Imprisonment for a term which may be extend 1 month or with fine which may be extend to five hundred rupees or with both b) Imprisonment for a term which may be extend 3 month or with fine which may be extend to five hundred rupees or with both c) Imprisonment for a term which may be extend 6 month or with fine which may be extend to one thousand rupees or with both d) None of these

Description : If the summons or notice or order is to attend in person or by agent, or to produce  a document or an electronic record in a court of justice. a) Imprisonment for a term which may be extend 1 month ... 6 month or with fine which may  be extend to one thousand rupees or with both d) None of these

Last Answer : c) Imprisonment for a term which may be extend 6 month or with fine which may  be extend to one thousand rupees or with both

Whoever absconds in order to avoid being served with a summons, notice or order proceeding from any public servant legally competent shall be punished with a) Imprisonment for a term which may be extend 1 month or with fine which may be extend to five hundred rupees or with both b) Imprisonment for a term which may be extend 3 month or with fine which may be extend to five hundred rupees or with both c) Imprisonment for a term which may be extend 6 month or with fine which may be extend to five hundred rupees or with both d) None of these

Description : Whoever absconds in order to avoid being served with a summons, notice or order  proceeding from any public servant legally competent shall be punished with  a) Imprisonment for a term which may be extend 1 ... with fine which may  be extend to five hundred rupees or with both d) None of these

Last Answer : a) Imprisonment for a term which may be extend 1 month or with fine which may  be extend to five hundred rupees or with both

IPO can be paid on second commission up to a) One year b) Two year c) Six month d) Three year

Description : IPO can be paid on second commission up to a) One year b) Two year c) Six month d) Three year

Last Answer : d) Three year

The claim of payment of any arrears due in respect of a deceased pensioner should be within ------------- a. One month b. Six Month c. One Year

Description : The claim of payment of any arrears due in respect of a deceased pensioner should be within ------------- a. One month b. Six Month c. One Year

Last Answer : b. Six Month

The right of government servant to TA including Daily allowance is forfeited or deemed to have been relinquished within ------------- from the date on which it becomes due. a. Six month b. One year c. 18 months

Description : The right of government servant to TA including Daily allowance is forfeited or deemed to have been relinquished within ------------- from the date on which it becomes due. a. Six month b. One year c. 18 months

Last Answer : b. One year

Mark the correct option a) Non-attendance in obedience to an order from public servant shall be punished with simple imprisonment for a term which may extend to one month, or with fine which may extend to five hundred rupees, or with both b) Non appearance in response to a proclamation under section 82 shall be punished with imprisonment for a term which may extend to 3 year or with fine or bothc) Both the A and Bd) Neither A nor B

Description : Mark the correct option a) Non-attendance in obedience to an order from public servant shall be punished  with simple imprisonment for a term which may extend to one month, or with fine  which may extend to five hundred ... to 3 year or with fine or both c) Both the A and B d) Neither A nor B

Last Answer : c) Both the A and B

The following persons are eligible for PLI a) Officials of Private Educational institutions b) Any persons residing in india c) Officials of state and Central Govt/Govt organizations d) Retired govt. Employees

Description : The following persons are eligible for PLI a) Officials of Private Educational institutions b) Any persons residing in india c) Officials of state and Central Govt/Govt organizations d) Retired govt. Employees

Last Answer : c) Officials of state and Central Govt/Govt organizations

The ex- officio chairman of the postal services board is a) Secretary b) Member of PLI c) Minister of Commn and IT d) Member of personnel

Description : The ex- officio chairman of the postal services board is a) Secretary b) Member of PLI c) Minister of Commn and IT d) Member of personnel

Last Answer : a) Secretary

The system of payment of honorarium to staff (including supervisors) of divisional office for procuring of PLI/RPLI proposal is Rs a) 5000/- b) 4000/- c) 1000/- d) No honorarium

Description : The system of payment of honorarium to staff (including supervisors) of divisional office for procuring of PLI/RPLI proposal is Rs a) 5000/- b) 4000/- c) 1000/- d) No honorarium

Last Answer : b) 4000/

From the following deduction , which deduction from subsistence allowance is needed prior consent from suspended employee a. Deduction related with income tax b. Repayment of loans and advance taken from government c. Deduction related with PLI premium

Description : From the following deduction , which deduction from subsistence allowance is needed prior consent from suspended employee a. Deduction related with income tax b. Repayment of loans and advance taken from government c. Deduction related with PLI premium

Last Answer : c. Deduction related with PLI premium

The amount received on account of premium of PLI , repayment of loan should be accounted under ---------------------- head a. PLI Annuity Fund b. Postal Insurance and Life Annuity Fund Receipts c. PLI receipts account

Description : The amount received on account of premium of PLI , repayment of loan should be accounted under ---------------------- head a. PLI Annuity Fund b. Postal Insurance and Life Annuity Fund Receipts c. PLI receipts account

Last Answer : b. Postal Insurance and Life Annuity Fund Receipts

For What purpose the Specimen signature of AD in charge of PLI is circulated to whole circle concerned? a. To enable Payment of government Securities at any post office. b. to Limit the payment of PLI selected offices C. None of these

Description : For What purpose the Specimen signature of AD in charge of PLI is circulated to whole circle concerned? a. To enable Payment of government Securities at any post office. b. to Limit the payment of PLI selected offices C. None of these

Last Answer : a. To enable Payment of government Securities at any post office

what is the usage of form LI-37? a. repayment of loans of PLI b. voucher for any payment c None

Description : what is the usage of form LI-37? a. repayment of loans of PLI b. voucher for any payment c None

Last Answer : a. repayment of loans of PLI