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

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
by

1 Answer

Answer :

e) All the above
by

Related questions

Mark the correct option relating to age limit a) For WLI & EA policies the insurant should not be less than 19 year an not more than 55 year on the date of next birthday b) For CWLA the upper age limit is 50 year c) The max age limit for 15 and 20 year AEA is 45 and 40 respectively d) Under Ugal suraksha policy age at entry of both the spouses should not be less than 21 year and not more than 45 year. e) All the above

Description : Mark the correct option relating to age limit a) For WLI & EA policies the insurant should not be less than 19 year an not more than 55 year on the date of next birthday b) For CWLA the upper age ... of both the spouses should not be less than 21 year and not more than 45 year. e) All the above

Last Answer : e) All the above

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

What is the rate of interest in PPF wef 01 Apr 12 ? a) 8.8% per annum compounded yearly b) 8.5% per annum compounded yearly c) 8.6 % per annum compounded yearlyd) None of these

Description : What is the rate of interest in PPF wef 01 Apr 12 ? a) 8.8% per annum compounded yearly b) 8.5% per annum compounded yearly c) 8.6 % per annum compounded yearly d) None of these

Last Answer : a) 8.8% per annum compounded yearly

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

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

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

Mark the correct option a) Withdrawal will be allowed 50% deposited amount in RD account after one year and after 12 monthly deposit. b) No withdrawal is allowed in discontinued RD accounts c) 10% interest will be charged on loan amount d) If the repayment with interest is made on or before the 10th of the month, no interest shall be payable for that monthe) All the above

Description : Mark the correct option a) Withdrawal will be allowed 50% deposited amount in RD account after one year and after 12 monthly deposit. b) No withdrawal is allowed in discontinued RD accounts c) 10% interest ... the 10th of the month, no interest shall be payable for that month e) All the above

Last Answer : e) All the above

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

Mark the correct option. In a PPF account opened on 1.2.2011: a) 1st loan can be taken on 1.4.2012 b) Loan as on 1.4.2012 shall be admissible limited to 25% balance as on 31.3.11 c) The first withdrawal shall be permissible on 01.02.2015 d) Subscriber can take second loan on 1.4.2013 without repaying earlier loan

Description : Mark the correct option. In a PPF account opened on 1.2.2011: a) 1 st loan can be taken on 1.4.2012 b) Loan as on 1.4.2012 shall be admissible limited to 25% balance as on 31.3 ... shall be permissible on 01.02.2015 d) Subscriber can take second loan on 1.4.2013 without repaying earlier loan

Last Answer : a) 1 st loan can be taken on 1.4.2012

Mark the incorrect option relating to Children Policy a) The minimum limit for insurance under this scheme shall be Rs2000/- b) Agency commission not available in this scheme c) No loan shall be applicable to children policies.

Description : Mark the incorrect option relating to Children Policy a) The minimum limit for insurance under this scheme shall be Rs2000/- b) Agency commission not available in this scheme c) No loan shall be applicable to children policies.

Last Answer : c) No loan shall be applicable to children policies.

If the interest rate of 10% per period is compounded half yearly, the actual annual return on the principal will be __________ percent. (A) 10 (B) 20 (C) > 20 (D) < 20

Description : If the interest rate of 10% per period is compounded half yearly, the actual annual return on the principal will be __________ percent. (A) 10 (B) 20 (C) > 20 (D) < 20

Last Answer : (C) > 20

Mark the correct option MIS account opened on or after 01 Apr 12 a) The rate of interest shall be 8.5 % per annum payable monthly. b) No withdrawal will be allowed before expiry of maturity period 5 years c) No bonus shall be payable d) All the above

Description : Mark the correct option MIS account opened on or after 01 Apr 12 a) The rate of interest shall be 8.5 % per annum payable monthly. b) No withdrawal will be allowed before expiry of maturity period 5 years c) No bonus shall be payable d) All the above

Last Answer : d) All the above

Mark the correct option a) Half yearly enumeration returns will be submitted during the second week of the months of February and August of each ear 8th to 14th both day inclusive. b) An enumeration return must be made of the number of ordinary UR articles of the letter mail and UR parcel given out for delivery to Postman and window. c) All the above

Description : Mark the correct option a) Half yearly enumeration returns will be submitted during the second week of the months of February and August of each ear 8th to 14th both day inclusive. b) An enumeration ... letter mail and UR parcel given out for delivery to Postman and window. c) All the above

Last Answer : c) All the above

Mark the correct statement: a) A withdrawal in a PPF account can be refunded in not more than 36 monthly installments: b) Interest on withdrawal taken from a PPF account is one percent above the rate of interest admissible on PPF subscription c) Second withdrawal can be taken after refund of 1st withdrawal with interest thereon d) The amount of withdrawals in a PPF Account is not repayable

Description : Mark the correct statement: a) A withdrawal in a PPF account can be refunded in not more than 36 monthly installments: b) Interest on withdrawal taken from a PPF account is one percent above ... 1st withdrawal with interest thereon d) The amount of withdrawals in a PPF Account is not repayable

Last Answer : d) The amount of withdrawals in a PPF Account is not repayable

The dept of post under administrative control of a)President of India b) Min of communication c) CPMG d) DG Post

Description : The dept of post under administrative control of a)President of India b) Min of communication c) CPMG d) DG Post

Last Answer : d) DG Post

What is the latest bonus rate from 31 Mar 2006? a) WLA continuing Rs 90/- per thousand rupees of sum assured b) EA continuing policies Rs 70/- per thousand rupees of sum assured c) AEA continuing Rs 65/- per thousand rupees of sum assured d) All the above

Description : What is the latest bonus rate from 31 Mar 2006? a) WLA continuing Rs 90/- per thousand rupees of sum assured b) EA continuing policies Rs 70/- per thousand rupees of sum assured c) AEA continuing Rs 65/- per thousand rupees of sum assured d) All the above

Last Answer : d) All the above

Mark correct option related to preservation period a) Nominal roll cum attendance & destruction of record register is permanent b) All records of registration and parcel dept except foreign article is 1 year c) All records of registration and parcel dept related fo foreign articles is 1 ½ year d) All records of MO is 1 ½ year, IPO 42 months, Book of MO receipt is 2 years e) All the above

Description : Mark correct option related to preservation period a) Nominal roll cum attendance & destruction of record register is permanent b) All records of registration and parcel dept except foreign article is 1 year c) All records ... 1 ½ year, IPO 42 months, Book of MO receipt is 2 years e) All the above

Last Answer : e) All the above

Shweta deposits a certain amount on 1st January and 1st July (Same amount on both days) in a bank that offers 5% compound interest, compounded half-yearly. Shweta gains interest of Rs.121 at the end of the year. How much money did Shweta deposit? a) 1200 b) 1300 c) 1400 d) 1500 e) 1600

Description : Shweta deposits a certain amount on 1st January and 1st July (Same amount on both days) in a bank that offers 5% compound interest, compounded half-yearly. Shweta gains interest of Rs.121 at the end of the year. How much money did Shweta deposit? a) 1200 b) 1300 c) 1400 d) 1500 e) 1600

Last Answer : Let the amount be P Half yearly rate = 5/2 = 2.5% For the deposit on January, Amount = P (1 + 2.5 / 100)2 For the deposit on July, Amount = P (1 + 2.5 /100) We can solve the question by ... Amount in July = 1600 1.025 = 1640 So total interest = 81 + 40 = 121 Required answer is 1600 Answer: e)

Mark the correct option a) A pensioner of any central or state Govt whom dept of post has signed an agreement for disbursement of pension can open either single or joint with spouse account. b) Sanchayika accounts can be opened in the name of the principal/teacher and two students not less than 10 year of age c) Minor account can be opened by a person under the law in force from time to time as guardian when father and mother both are not alive d) All the above

Description : Mark the correct option a) A pensioner of any central or state Govt whom dept of post has signed an agreement for disbursement of pension can open either single or joint with spouse account. b) ... from time to time as guardian when father and mother both are not alive d) All the above

Last Answer : d) All the above

Mr. Sathyan invested Rs.20, 000/- with rate of interest@20 p.c.p.a. The interest was compounded half yearly for first one year and in the next year it was compounded yearly. What will be the total interest earned at the end of two years? a) Rs.7600 b) Rs. 9040 c) Rs. 8750 d) Rs. 6900

Description : Mr. Sathyan invested Rs.20, 000/- with rate of interest@20 p.c.p.a. The interest was compounded half yearly for first one year and in the next year it was compounded yearly. What will be the total interest earned at the end of two years? a) Rs.7600 b) Rs. 9040 c) Rs. 8750 d) Rs. 6900

Last Answer : Total interest = 20000 × 110/100 × 110/100 × 120/100 - 20000 = 29040 - 20000= Rs. 9040 Answer: b)

Mark the incorrect option a) Not more than one policy will be allowed for one child. The policy can be taken by insured for his/her own child only b) Not more than two children in a family shall be covered under this policy. The same child should not be covered under more than one policy c) The insured of main policy shall not be aged 45 years and above at the time of taking of children policy d) The age of the child note more than 18 year at the time of issue of children policy

Description : Mark the incorrect option a) Not more than one policy will be allowed for one child. The policy can be taken by insured for his/her own child only b) Not more than two children in a family shall be ... policy d) The age of the child note more than 18 year at the time of issue of children policy

Last Answer : d) The age of the child note more than 18 year at the time of issue of children pol

Effective and nominal interest rates are equal, when the interest is compounded (A) Annually (B) Fortnightly (C) Monthly (D) Half-yearly

Description : Effective and nominal interest rates are equal, when the interest is compounded (A) Annually (B) Fortnightly (C) Monthly (D) Half-yearly

Last Answer : (A) Annually

Simple interest on a certain sum of money for 4 years at 5% per annum is half the compound interest on Rs. 8000 for 2 years at 10% per annum. The sum placed on simple interest is: a) Rs.4200 b) b)Rs.4250 c) Rs.5250 d) Rs.5200 e) Rs.4000

Description : Simple interest on a certain sum of money for 4 years at 5% per annum is half the compound interest on Rs. 8000 for 2 years at 10% per annum. The sum placed on simple interest is: a) Rs.4200 b) b)Rs.4250 c) Rs.5250 d) Rs.5200 e) Rs.4000

Last Answer : a C.I = 8000 * (1+(10/100))2 –8000  = 8000 *110/100 * 110/100 – 8000 = 9680 – 8000 = Rs.1680 Therefore, S.I = C.I / 2 = 1680 / 2=Rs. 840 840 = sum * 4 * 5 / 100 :. Sum = Rs.(840 * 100)/ (4 *5) = Rs.4200

Mark the correct option a) If the certificate is encashed in case of death of the depositor before expiry on of one year from the date of purchase, only the face value of certificate shall be payable b) If certificate is encashed after expiry of one year SB interest will be applicable c) Both A &B d) None of these

Description : Mark the correct option a) If the certificate is encashed in case of death of the depositor before expiry on of  one year from the date of purchase, only the face value of certificate shall be  payable b ... after expiry of one year SB interest will be applicable c) Both A &B d) None of these

Last Answer : d) None of these

Mark the correct option a) Nomination cannot be made in case NSC purchased on behalf of minor. b) No fee will be charged for registration, cancellation or change in the nomination c) Tax rebate u/s 80-C will be available in NSC d) All the above

Description : Mark the correct option a) Nomination cannot be made in case NSC purchased on behalf of minor. b) No fee will be charged for registration, cancellation or change in the nomination c) Tax rebate u/s 80-C will be available in NSC d) All the above

Last Answer : d) All the above

Mark the incorrect option a) The police officer who is not a pensioner may not be employed as an ED agent without the previous sanction of the DG b) Disabled ex-servicemen who are in receipt of disability pension and are not disqualified for further service in civil dept may also be considered as ED sub or branch postmaster c) No person holding an elective office shall be considered for the post of an ED agent. d) None of these

Description : Mark the incorrect option a) The police officer who is not a pensioner may not be employed as an ED agent without the previous sanction of the DG b) Disabled ex-servicemen who are in receipt of ... holding an elective office shall be considered for the post of an ED agent. d) None of these

Last Answer : d) None of these

Mark the correct option. a) The first loan on PPF accounts can be taken in the third year from the year of opening the account. b) The amount of Loan will be restricted to 25% of the balance at the account end of the second year preceding the year in which the loan is applied for. c) The loan is repayable either in lump sum or in convenient installments of not more than 36. d) All the above

Description : Mark the correct option. a) The first loan on PPF accounts can be taken in the third year from the year of opening the account. b) The amount of Loan will be restricted to 25% of the balance at ... is repayable either in lump sum or in convenient installments of not more than 36. d) All the above

Last Answer : d) All the above

Mark the correct statement. a) Second withdrawal in a PPF account is payable in the next financial year of the year in which principal and interest on first withdrawal has been fully refunded and other conditions fulfill b) Second loan is permissible in the financial year in which 1st loan and interest thereon has been recovered provided the 1st loan was not taken in the same year and other conditions fulfill c) Second loan is permissible in the same financial year if first loan taken in the year has been refunded alongwith interest thereon and other conditions fulfill d) None of the above is correct

Description : Mark the correct statement. a) Second withdrawal in a PPF account is payable in the next financial year of the year in which principal and interest on first withdrawal has been fully ... been refunded alongwith interest thereon and other conditions fulfill d) None of the above is correct

Last Answer : b) Second loan is permissible in the financial year in which 1st loan and interest thereon has been recovered provided the 1st loan was not taken in the same year and other conditions fulfill

Mark the correct option a) In case death of the one depositor of joint account holder , in the MIS account the account will be treated as single from the date of death of the account holder b) The surviving depositor will have withdraw the excess amount over and above the maximum limit of investment by single depositor. c) If this amount is not withdrawn, the excess amount will carry the normal saving bank interest d) All the above

Description : Mark the correct option a) In case death of the one depositor of joint account holder , in the MIS account the account will be treated as single from the date of death of the account holder b ... amount is not withdrawn, the excess amount will carry the normal saving bank interest d) All the above

Last Answer : d) All the above

Mark the correct option relating to cheque collection charges. a) Rs 30/- for a cheque up to Rs 1000/- b) Rs 3/- per thousand beyond Rs 1000/- c) No collection charges will be charged on outstation cheque of Post office saving bank drawn in post office saving bank d) All the above

Description : Mark the correct option relating to cheque collection charges. a) Rs 30/- for a cheque up to Rs 1000/- b) Rs 3/- per thousand beyond Rs 1000/- c) No collection charges will be charged on outstation cheque of Post office saving bank drawn in post office saving bank d) All the above

Last Answer : d) All the above

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/

Mark the correct option a) No Govt. servant shall use his position or influence directly or indirectly to secure employment for any member of his family in any company. b) A Govt. servant shall, as soon as he becomes aware of the acceptance by a member of his family o an employment in any company or firm, intimate such acceptance to the prescribed authority. c) Both A & B d) None of these

Description : Mark the correct option a) No Govt. servant shall use his position or influence directly or indirectly to secure employment for any member of his family in any company. b) A Govt. servant shall, as soon ... firm, intimate such acceptance to the prescribed authority. c) Both A & B d) None of these

Last Answer : c) Both A & B

What is the min amount AEA policy for GP D and others a) 10000/- ,20000/- b) 20000,/- 30000/- c) 5000/-, 10000/- d) None of these

Description : What is the min amount AEA policy for GP D and others a) 10000/- ,20000/- b) 20000,/- 30000/- c) 5000/-, 10000/- d) None of these

Last Answer : a) 10000/- ,20000/

Mark the correct option a) In RPLI policies with non standard proof or age is Rs 1 lac b) The 5% extra premium on non standard proof of age policies c) In non standard proof or age policies the age of the insurant should not be exceed 45 years d) All the above

Description : Mark the correct option a) In RPLI policies with non standard proof or age is Rs 1 lac b) The 5% extra premium on non standard proof of age policies c) In non standard proof or age policies the age of the insurant should not be exceed 45 years d) All the above

Last Answer : d) All the above

What has cidney savings account with National Bank. She earns 4 interest compounded yearly on 1250.00. What amount will she receive in interest in three years?

Description : What has cidney savings account with National Bank. She earns 4 interest compounded yearly on 1250.00. What amount will she receive in interest in three years?

Last Answer : What is the answer ?

Mark the correct option a) Where the access to information is to be provided in the printed or in any electronic format, the applicant shall pay such fee as may be prescribed b) No such fee shall be charged from the persons whore are below poverty line c) The information shall be provided the information free of charge where a public authority fails to comply with the time limits specified. d) Before taking the decision consideration of third party representation is necessary e) All the above

Description : Mark the correct option a) Where the access to information is to be provided in the printed or in any  electronic format, the applicant shall pay such fee as may be prescribed b) No ... . d) Before taking the decision consideration of third party representation is necessary  e) All the above

Last Answer : e) All the above

Mark the correct option a) No cheque collection charge is to be charged in Worker wage accounts b) Workers wage account cannot be transferred from one post office to another Post office c) No subsequent deposit can be made in workers wage account d) No amount is required for opening worker wage accounts e) All the above

Description : Mark the correct option a) No cheque collection charge is to be charged in Worker wage accounts b) Workers wage account cannot be transferred from one post office to another Post office c) No ... workers wage account d) No amount is required for opening worker wage accounts e) All the above

Last Answer : e) All the above

Accumulated sum at the end of 5 years, if Rs. 10000 is invested now at 10% interest per annum on a compound basis is Rs. (A) 15000 (B) 16105 (C) 18105 (D) 12500

Description : Accumulated sum at the end of 5 years, if Rs. 10000 is invested now at 10% interest per annum on a compound basis is Rs. (A) 15000 (B) 16105 (C) 18105 (D) 12500

Last Answer : (B) 16105

Mark correct option a) A small packet should not exceed 1 Kg in weight. b) Small packet exceeding 500 gm is subject to a delivery fee payable by the addressee at the time of delivery. c) Small packet not conforming to the conditions will be returned to the sender and will be charged at double the deficiency for a rate applicable in the inland post. d) All of the above are correct

Description : Mark correct option a) A small packet should not exceed 1 Kg in weight. b) Small packet exceeding 500 gm is subject to a delivery fee payable by the addressee at the time of delivery. c) Small ... at double the deficiency for a rate applicable in the inland post. d) All of the above are correct

Last Answer : d) All of the above are correct

Mark the correct option a) The camp bag booked as parcel will be sent by surface route and will be charged with the postage payable on a parcel weighting 10 Kg plus registration fee and incidental charges . b) The camp bag booked as letter mail will not be charge with any additional postage other than Registration fee. c) The camp bag is due to be collected on any day including Sunday & Holiday. d) All of these

Description : Mark the correct option a) The camp bag booked as parcel will be sent by surface route and will be charged with the postage payable on a parcel weighting 10 Kg plus registration fee and incidental charges ... camp bag is due to be collected on any day including Sunday & Holiday. d) All of these

Last Answer : b) The camp bag booked as letter mail will not be charge with any additional postage other than Registration fee

Mark incorrect option a) Complaint and enquiries relating to foreign mail the postage stamp equivalent to the fee prescribed is charged b) The sender of foreign article should be written ‘RENVOI PAR AVION’(return by air mail) for get back the acknowledge ment c) Parcel shall not contain more than one written communication but this rule shall not apply to an official parcel.d) All the above are correct

Description : Mark incorrect option a) Complaint and enquiries relating to foreign mail the postage stamp equivalent to the fee prescribed is charged b) The sender of foreign article should be written RENVOI PAR AVION'( ... but this rule shall not apply to an official parcel. d) All the above are correct

Last Answer : d) All the above are correct

Mark correct option a) Sorting mail office charged with the duty of opening the sorting mail bags received by it and deposing of their contents. b) AMPC mean automatic mail processing centre sorting is done by machine. c) CRC mean computerized Registration centre. Regn work is done by computer d) All of these.

Description : Mark correct option a) Sorting mail office charged with the duty of opening the sorting mail bags received by it and deposing of their contents. b) AMPC mean automatic mail processing centre sorting is ... c) CRC mean computerized Registration centre. Regn work is done by computer d) All of these.

Last Answer : d) All of these.

A present sum of Rs. 100 at the end of one year, with half yearly rate of interest at 10%, will be Rs. (A) 121 (B) 110 (C) 97 (D) 91

Description : A present sum of Rs. 100 at the end of one year, with half yearly rate of interest at 10%, will be Rs. (A) 121 (B) 110 (C) 97 (D) 91

Last Answer : (A) 121

Indents for articles of stock are considered emergent indents should be submitted on a) 1st of the every month b) Once in a quarter c) Half yearly d) No fixed date

Description : Indents for articles of stock are considered emergent indents should be submitted on a) 1st of the every month b) Once in a quarter c) Half yearly d) No fixed date

Last Answer : d) No fixed date

Mark the correct option a) After maturity , the senior citizen account will be extended further 3 year b) The account continued after maturity, the deposit shall earn interest at the rate applicable to the new account opened. c) In case the account not extended on maturity and closed at any time the saving bank interest applicable d) There is no maximum time limit for PMI e) All the above

Description : Mark the correct option a) After maturity , the senior citizen account will be extended further 3 year b) The account continued after maturity, the deposit shall earn interest at the rate applicable to the ... bank interest applicable d) There is no maximum time limit for PMI e) All the above

Last Answer : e) All the above

Mark the correct option a) The MIS account can be close after expiry of one year. b) The MIS account closed after one year but before three year 2 % deduction will be made on initial deposit c) The MIS account closed after expiry of three year 1% deduction will be made . on the initial deposit d) In case of death of the depositor before maturity account may be closed and deposit refunded along with interest up to the month preceding the month in which refund made. e) All the above

Description : Mark the correct option a) The MIS account can be close after expiry of one year. b) The MIS account closed after one year but before three year 2 % deduction will be made on initial deposit ... along with interest up to the month preceding the month in which refund made. e) All the above

Last Answer : e) All the above

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