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

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
by

1 Answer

Answer :

b. Postal Insurance and Life Annuity Fund Receipts
by

Related questions

Mark the correct option relating to SO Slip a) SO slip prepared in form Pa 3 by HO to each of its SO in every day enclosed in the account bag b) Amount with details, of cash (including stamps) sent to the SO c) The balance of list of daily account received from the SO and accounted for in the HO. d) Particulars of documents and ser No and value of Postal order, sent to SO e) All the above

Description : Mark the correct option relating to SO Slip a) SO slip prepared in form Pa 3 by HO to each of its SO in every day enclosed in the account bag b) Amount with details, of cash (including stamps) sent ... HO. d) Particulars of documents and ser No and value of Postal order, sent to SO e) All the above

Last Answer : e) All the above

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

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

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

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

The yearly unsold certificate statement received from all SO by HO will be forwarded to a) Circle stamp depot b) Head of the circle d) Postal Account office d) Security press nasik

Description : The yearly unsold certificate statement received from all SO by HO will be forwarded to a) Circle stamp depot b) Head of the circle d) Postal Account office d) Security press nasik

Last Answer : d) Security press nasik

The request a purchase of British Postal Order for repayment a) Cannot be accepted b) Can be accepted if presented at the PO from which it was purchased a/w counterfoil c) Can be accepted any post office in India d) None of these

Description : The request a purchase of British Postal Order for repayment a) Cannot be accepted b) Can be accepted if presented at the PO from which it was purchased a/w counterfoil c) Can be accepted any post office in India d) None of these

Last Answer : b) Can be accepted if presented at the PO from which it was purchased a/w counterfoil

Which of the following entry will be made in BO a) To invoice remittance noting the details of cash( including stamps) sent to the branch office b) To confirm the accuracy of the daily account last received from the BO by entering the balance in words and figure of last BO daily account c) To Note the particulars of articles, documents, account office receipts, sent to the branch office. d) To give instructions to the BPM whenever necessary e) All the above

Description : Which of the following entry will be made in BO a) To invoice remittance noting the details of cash( including stamps) sent to the branch office b) To confirm the accuracy of the daily account last ... to the branch office. d) To give instructions to the BPM whenever necessary e) All the above

Last Answer : e) All the above

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

Which of the following does not affect the fund flow statement a) Issue of shares b) Borrowing c) Repayment of loan d) Payment to creditors

Description : Which of the following does not affect the fund flow statement a) Issue of shares b) Borrowing c) Repayment of loan d) Payment to creditors

Last Answer : d) Payment to creditors

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

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

A money order received but loss before payment a) The postmaster should then give an intimation to the office of issue by telegraph/fax b) After receiving the intimation the office of issue will prepare duplicate MO in MO 57 and forward to office of payment by service regd post c) A report regarding the issue of a duplicate money order should be made to the home postal account office. d) All the above

Description : A money order received but loss before payment a) The postmaster should then give an intimation to the office of issue by telegraph/fax b) After receiving the intimation the office of issue will prepare ... a duplicate money order should be made to the home postal account office. d) All the above

Last Answer : d) All the above

Raman & Co., a Partnership firm, received Rs.5 lakh from Insurance Company under Keyman Insurance Policy consequent to demise of Partner Pramod. The amount of premium of Rs.230000 paid earlier was claimed as deduction u/s 37 by the firm. a) Tax-free u/s 10(10D) b) Fully taxable as Income c) Rs.270000 is taxable d) Rs.230000 is taxable

Description : Raman & Co., a Partnership firm, received Rs.5 lakh from Insurance Company under Keyman Insurance Policy consequent to demise of Partner Pramod. The amount of premium of Rs.230000 paid earlier was claimed as ... ) b) Fully taxable as Income c) Rs.270000 is taxable d) Rs.230000 is taxable

Last Answer : d) Rs.230000 is taxable

No Government officer may issue duplicates or copies of receipts granted for money received The above said statement is a. true b. false

Description : No Government officer may issue duplicates or copies of receipts granted for money received The above said statement is a. true b. false

Last Answer : a. true

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 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

Any postal article suspected to contain any goods of which the transmission by post is prohibited by or under any enactment for the time being in force is received for delivery at a post office: (A) That post office will deliver the article to the addressee without any interference (B) The officer incharge of the post office will issue notice to the addressee inviting him to attend post office and shall in his presence open and examine the postal articles (C) The officer incharge of the post office will open and examine the postal article in presence of the postal staff (D) The officer incharge shall send the postal article to RLO for disposa

Description : Any postal article suspected to contain any goods of which the transmission by post is prohibited by or under any enactment for the time being in force is received for delivery at a post office: (A ... of the postal staff (D) The officer incharge shall send the postal article to RLO for disposa

Last Answer : (B) The officer incharge of the post office will issue notice to the addressee inviting him to attend post office and shall in his presence open and examine the postal articles

The fortnightly consolidated list of certificates issued to POs should, be sent by _____to the ____ a) Circle Stamp Depots, Circle postal accounts office b) Head offices , Postal account office c) Circle office , DG Post d) Circle office, Circle account office

Description : The fortnightly consolidated list of certificates issued to POs should, be sent by _____to the ____ a) Circle Stamp Depots, Circle postal accounts office b) Head offices , Postal account office c) Circle office , DG Post d) Circle office, Circle account office

Last Answer : a) Circle Stamp Depots, Circle postal accounts office

Who handle the transfer of pension from one head Post office to another within the jurisdiction of another Postal Accounts Office a. Head Postmaster b. Head Postmaster and Postal Accounts Office c. Postal Account Office

Description : Who handle the transfer of pension from one head Post office to another within the jurisdiction of another Postal Accounts Office a. Head Postmaster b. Head Postmaster and Postal Accounts Office c. Postal Account Office

Last Answer : b. Head Postmaster and Postal Accounts Office

Whenever the cost of articles of stock lost or broken by postal officials is a) Recovered from the official in false b) Paid from postal collection c) Paid from post office fund d) New lock will be replaced with old

Description : Whenever the cost of articles of stock lost or broken by postal officials is a) Recovered from the official in false b) Paid from postal collection c) Paid from post office fund d) New lock will be replaced with old

Last Answer : a) Recovered from the official in false

An annuity is a series of equal payments occuring at equal time intervals, and this amount includes the sum of all payments plus interest, if allowed to accumulate at a definite rate of interest from the time of initial payment to the end of annuity term. Ordinary annuity is used in the calculation of the (A) Manufacturing cost (B) Depreciation by sinking fund method (C) Discrete compound interest (D) Cash ratio

Description : An annuity is a series of equal payments occuring at equal time intervals, and this amount includes the sum of all payments plus interest, if allowed to accumulate at a definite rate of interest from ... cost (B) Depreciation by sinking fund method (C) Discrete compound interest (D) Cash ratio

Last Answer : (B) Depreciation by sinking fund method

Insurance is compulsory, if the article contains a) Gold coins or bullion, currency notes & any other valuable articles b) VP articles below the value of Rs 600/- c) Containing lorry receipts d) All parcels exceeding 4 KG in weight

Description : Insurance is compulsory, if the article contains a) Gold coins or bullion, currency notes & any other valuable articles b) VP articles below the value of Rs 600/- c) Containing lorry receipts d) All parcels exceeding 4 KG in weight

Last Answer : a) Gold coins or bullion, currency notes & any other valuable articles

The_______ of an office will ordinarily be a sum equal to the average _________multiplied by the number of days in which funds can be obtained, plus a percentage of the average ___________(if necessary), as a margin – the amount of which will depend upon the extent of the difference between the receipts and payments, and other considerations a) Minimum cash balance , daily payments, daily payments a) Maximum cash balance , daily payments, daily payments a) Minimum cash balance , daily payments, daily receipts a) None of these

Description : The_______ of an office will ordinarily be a sum equal to the average _________multiplied by the number of days in which funds can be obtained, plus a percentage of the average ___________(if ... payments, daily payments a) Minimum cash balance , daily payments, daily receipts a) None of these

Last Answer : a) Minimum cash balance , daily payments, daily payments

The Postmaster or_______personal duties prescribed in this rule may, under the order of_________, be delegated to the _________, Assistant Postmaster, Supervisor or office supervisor of the _______ as the case may be. a) Head Sorting Assistant , Head of the Circle, Deputy postmaster, office b) Sorting assistant , Supdt of Rms, Deputy postmaster, office c) Postal assistant , Head of the Circle, Deputy postmaster, office d) Record officer , Head of the Circle, Deputy postmaster, office

Description : The Postmaster or_______personal duties prescribed in this rule may, under the order of_________, be delegated to the _________, Assistant Postmaster, Supervisor or office supervisor of the _______ as ... Deputy postmaster, office d) Record officer , Head of the Circle, Deputy postmaster, office

Last Answer : a) Head Sorting Assistant , Head of the Circle, Deputy postmaster, office

Instruction slip means a) Letter of instruction received for public b) Instruction given by the postmaster to his subordinates c) A document in which gist of instruction in connection with delivery / redirection of postal article from public are communicated to departments d) None of these

Description : Instruction slip means a) Letter of instruction received for public b) Instruction given by the postmaster to his subordinates c) A document in which gist of instruction in connection with delivery / redirection of postal article from public are communicated to departments d) None of these

Last Answer : c) A document in which gist of instruction in connection with delivery / redirection of postal article from public are communicated to departments

Postal mails superscribed in “ On India Government Service” received for delivery a) Containing both name and address of the officer to be delivered redirected according to official designation b) Containing only the name to be delivered according to name of the addressee c) Postal mails not bearing the superscription “ On India government Service” but contain name and designation of the officer., to be delivered redirected according to name d) All the above

Description : Postal mails superscribed in On India Government Service received for delivery a) Containing both name and address of the officer to be delivered redirected according to official designation b) Containing ... of the officer., to be delivered redirected according to name d) All the above

Last Answer : d) All the above

Mark correct option relating to live mail survey a) The survey is to be conducted in one delivery PO in each Postal Division. b) The PO to be selected should have a reasonable quantity of mail for study. c) 25% of the Post Offices selected for the survey should be in rural areas d) At least 25% of the total mails received in the PO selected is to be studied. e) All the above

Description : Mark correct option relating to live mail survey a) The survey is to be conducted in one delivery PO in each Postal Division. b) The PO to be selected should have a reasonable quantity of mail for study. ... least 25% of the total mails received in the PO selected is to be studied. e) All the above

Last Answer : e) All the above

Persons changing their address should furnish written instructions regarding the disposal of postal articles received to their address a) To the post office at the place which they are leaving b) To the post office the place to which they are going c) To the post offices both at the place which they are leaving and at the place to which they are going d) To the post man at the place which they are leaving

Description : Persons changing their address should furnish written instructions regarding the disposal of postal articles received to their address a) To the post office at the place which they are leaving b) To the post office ... to which they are going d) To the post man at the place which they are leaving

Last Answer : c) To the post offices both at the place which they are leaving and at the place to which they are going

The service responsible for the carriage of mails by rail, road, river and air and for the collection and distribution of mails received form Post offices by mail offices and section a) Army postal service b) Mobile post office service c) Railway Mail Service d) None of the above

Description : The service responsible for the carriage of mails by rail, road, river and air and for the collection and distribution of mails received form Post offices by mail offices and section a) Army postal service b) Mobile post office service c) Railway Mail Service d) None of the above

Last Answer : c) Railway Mail Service

Capital receipts under head “PGBP” shall be ………… a) Added to income b) Deducted from income c) Shall not take in to account d) Shown as separate line item

Description : Capital receipts under head “PGBP” shall be ………… a) Added to income b) Deducted from income c) Shall not take in to account d) Shown as separate line item

Last Answer : ICDS-3 is applicable for-

Donations received for the special purpose will be taken to the– (A) Income and Expenditure Account (B) Assets side of the Balance Sheet (C) Liabilities side of the Balance Sheet (D) Receipts and Payments Account

Description : Donations received for the special purpose will be taken to the– (A) Income and Expenditure Account (B) Assets side of the Balance Sheet (C) Liabilities side of the Balance Sheet (D) Receipts and Payments Account

Last Answer : Answer: Liabilities side of the Balance Sheet

All supplies of certificates received by Head and Sub Offices must entered in a) The Daily dairy b) Daily account c) The stock register(NC-12) d) Cash book

Description : All supplies of certificates received by Head and Sub Offices must entered in a) The Daily dairy b) Daily account c) The stock register(NC-12) d) Cash book

Last Answer : c) The stock register(NC-12)

The yearly village return MS-88 in the month of ____ of each year should be kept by ______showing the number of articles of all sorts received for delivery in each village within the jurisdiction of the office . As soon as the compilation is over, it should be totaled, signed by__________and forwarded to __________. a) Village postman, Mar, sub divisional inspector , Supdt of post office b) Accountant, Feb, postmaster, head of the circle c) Sub account assistant, Feb, Postmaster, divisional inspector d) None of these

Description : The yearly village return MS-88 in the month of ____ of each year should be kept by ______showing the number of articles of all sorts received for delivery in each village within the jurisdiction ... of the circle c) Sub account assistant, Feb, Postmaster, divisional inspector d) None of these

Last Answer : c) Sub account assistant, Feb, Postmaster, divisional inspector

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

Rural postal life insurance started in a) 24 Mar 1995 b) 23 Feb 1995c) 24 Mar 1994 d) 25 Mar 2006

Description : Rural postal life insurance started in a) 24 Mar 1995 b) 23 Feb 1995 c) 24 Mar 1994 d) 25 Mar 2006

Last Answer : a) 24 Mar 1995

Postal life insurance policy available in a) 5 types b) 6 types c) 7 types d) 4 types

Description : Postal life insurance policy available in a) 5 types b) 6 types c) 7 types d) 4 types

Last Answer : b) 6 types

Postal life insurance slogan is a) Jindagi ka saath bi jindagika baad bi b) Insuring lives ensuring future c) Ensuring life insuring future d) None of these

Description : Postal life insurance slogan is a) Jindagi ka saath bi jindagika baad bi b) Insuring lives ensuring future c) Ensuring life insuring future d) None of these

Last Answer : c) Ensuring life insuring future

When family allotment money order are paid a) The MOs paid shall be listed along with other MOs b) The MOs will be entered in separate journal and accounted for separately in the accounts c) Will be entered in MO paid journals and the total entered in the ordinary journal d) None of these

Description : When family allotment money order are paid a) The MOs paid shall be listed along with other MOs b) The MOs will be entered in separate journal and accounted for separately in the accounts c) Will be entered in MO paid journals and the total entered in the ordinary journal d) None of these

Last Answer : c) Will be entered in MO paid journals and the total entered in the ordinary journal

The MOs paid at BOs will be accounted for a) At the accounts office b) At the HOs along with its paid MOs c) Separately at the Audit office d) None of these

Description : The MOs paid at BOs will be accounted for a) At the accounts office b) At the HOs along with its paid MOs c) Separately at the Audit office d) None of these

Last Answer : a) At the accounts office

The remitter can be altered the office of payment of the payees address a) On payment of second commission b) Without any fees c) Not permissible d) Only can ask repayment to him

Description : The remitter can be altered the office of payment of the payees address a) On payment of second commission b) Without any fees c) Not permissible d) Only can ask repayment to him

Last Answer : b) Without any fees

If a VPMO in favour of the sender of a VP article is remaining unclaimed at the PO a) The MO will be returned to the addressee of the VP article for repayment b) The issuing postmaster will encash the VPMO as the remitter and credit to PO accounts c) The VPMO will be treated as void and sent to audit office d) None of these

Description : If a VPMO in favour of the sender of a VP article is remaining unclaimed at the PO a) The MO will be returned to the addressee of the VP article for repayment b) The issuing postmaster will encash the ... PO accounts c) The VPMO will be treated as void and sent to audit office d) None of these

Last Answer : c) The VPMO will be treated as void and sent to audit office

Payment of a MO addressed to a place not served daily by postman will be a) Made to the messenger as authorized by the payee in a letter given to the Postmaster of office of payment b) Paid only to the payee c) Kept in deposit for 7 days an returned for repayment to the remitter d) All the above

Description : Payment of a MO addressed to a place not served daily by postman will be a) Made to the messenger as authorized by the payee in a letter given to the Postmaster of office of payment b) Paid only to the payee c) Kept in deposit for 7 days an returned for repayment to the remitter d) All the above

Last Answer : a) Made to the messenger as authorized by the payee in a letter given to the Postmaster of office of payment