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

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
by

1 Answer

Answer :

d) All the above
by

Related questions

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

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 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

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/

An extra departmental agents group insurance scheme started in a) 01 Apr 1994 b) 01 Apr 1996 c) 01 Apr 1992 d) None of these Ans:c (Sum assured to Rs 50000/- and the subscription to Rs 50/-)

Description : An extra departmental agents group insurance scheme started in a) 01 Apr 1994 b) 01 Apr 1996 c) 01 Apr 1992 d) None of these Ans:c (Sum assured to Rs 50000/- and the subscription to Rs 50/-)

Last Answer : c) 01 Apr 1992

Up to what amount payment order for withdrawal from saving account may be sanctioned by a branch postmaster? a) Rs 500/- b) Rs 2500/- c) Rs 5000/- d) Rs 10000/

Description : Up to what amount payment order for withdrawal from saving account may be sanctioned by a branch postmaster? a) Rs 500/- b) Rs 2500/- c) Rs 5000/- d) Rs 10000/

Last Answer : c) Rs 5000/

The amount of commission charged on a Service MO amounting to Rs. 1000/- is (a) Rs. 25/- (b) Rs.50/- (c) Rs. 100/- (d) NIL

Description : The amount of commission charged on a Service MO amounting to Rs. 1000/- is (a) Rs. 25/- (b) Rs.50/- (c) Rs. 100/- (d) NIL

Last Answer : (d) NIL

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

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 incorrect option Limit of death claim benefit under non medical scheme is if death occurs within a) 1 year 35%of sum assured a/w accrued bonus b) 2 years 60% of sum assured a/w accrued bonus c) 3 years 90% of sum assured a/w accrued bonus d) 4 years 100 % of sum assured a/w accrued bonus Ans:d ( It is desirable to opt for policy medical scheme to get full benefit)

Description : Mark the incorrect option Limit of death claim benefit under non medical scheme is if death occurs within a) 1 year 35%of sum assured a/w accrued bonus b) 2 years 60% of sum assured a/w accrued bonus ... a/w accrued bonus Ans:d ( It is desirable to opt for policy medical scheme to get full benefit)

Last Answer : d) 4 years 100 % of sum assured a/w accrued bonus Ans:d ( It is desirable to opt for policy medical scheme to get full benefit)

Payment of commission on PPF and SCSS is a) 1% and 0.5% d) 2% and .05% c) 0.5% and Nil d) No commission paid

Description : Payment of commission on PPF and SCSS is a) 1% and 0.5% d) 2% and .05% c) 0.5% and Nil d) No commission paid

Last Answer : d) No commission paid

The MO commission chargeable for remitting Rs 5000/- to National defense fund and Prime minister Relief fund is Rs a) Rs 250/- b) Half rate of normal MO c) Nil d) 50 only

Description : The MO commission chargeable for remitting Rs 5000/- to National defense fund and Prime minister Relief fund is Rs a) Rs 250/- b) Half rate of normal MO c) Nil d) 50 only

Last Answer : c) Nil

The amount of commission on a Service money order for Rs 5000 is a) Rs 250/- b) Half rate of normal MO c) Nil d) None of these

Description : The amount of commission on a Service money order for Rs 5000 is a) Rs 250/- b) Half rate of normal MO c) Nil d) None of these

Last Answer : c) Nil

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 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

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

What is the max limit of value of money order which may issued for payment by a Postman and Gp D in urban area, , village postman ED agent a) 12000,5000,5000 b) 5000,8000,10000 b) 15000,10000,50000 d) None of these

Description : What is the max limit of value of money order which may issued for payment by a Postman and Gp D in urban area, , village postman ED agent a) 12000,5000,5000 b) 5000,8000,10000 b) 15000,10000,50000 d) None of these

Last Answer : a) 12000,5000,5000 b) 5000,8000,10000 b) 15000,10000,50000

If the Sales is Rs.100 crores, EBIT is Rs.30 crores, PAT is Rs.20 crores and Total Assets is Rs.300 crores, then the return on assets (ROA) is given by A. 6.67% B. 10% C. 33.33% D. 23.33% E. 26.67%

Description : If the Sales is Rs.100 crores, EBIT is Rs.30 crores, PAT is Rs.20 crores and Total Assets is Rs.300 crores, then the return on assets (ROA) is given by A. 6.67% B. 10% C. 33.33% D. 23.33% E. 26.67%

Last Answer : B. 10%

The divisional supdt may sanction may sanction up to Rs ___ for each meat , for holding of customers meet a) 2500/- b) 30000/- c) 5000/- d) 10000/

Description : The divisional supdt may sanction may sanction up to Rs ___ for each meat , for holding of customers meet a) 2500/- b) 30000/- c) 5000/- d) 10000/

Last Answer : c) 5000/

Where a complaint instituted before the District forum, the State commission or the National commission is found to be frivolous or vexatious complainant shall pay a) To the forum or commission concerned not exceeding Rs 10000. b) To the opposite party not exceeding Rs 5000/- c) To the opposite party not exceeding Rs 10000/- d) None of these

Description : Where a complaint instituted before the District forum, the State commission or  the National commission is found to be frivolous or vexatious complainant shall pay  a) To the forum or commission concerned not ... 5000/- c) To the opposite party not exceeding Rs 10000/- d) None of these

Last Answer : c) To the opposite party not exceeding Rs 10000/

It will be ensured that the aggregate value of all the VP articles including article including customs duty articles entrusted to an EDDA does not exceed Rs ______ a) 8000/- b) 5000/- c) 10000/- d) 20000/

Description : It will be ensured that the aggregate value of all the VP articles including article including customs duty articles entrusted to an EDDA does not exceed Rs ______ a) 8000/- b) 5000/- c) 10000/- d) 20000/

Last Answer : a) 8000/

Leather cash bag should be used when the amount of currency notes exceeds Rs a) 5000 b) 10000 c) 500 d) 1000

Description : Leather cash bag should be used when the amount of currency notes exceeds Rs a) 5000 b) 10000 c) 500 d) 1000

Last Answer : c) 500

The divisional supdt may sanction Rs ____ in each case for a period of three month only, for temporay arrangements for conveyance of mails without calling tenders a) 2500/- b) 30000/- c) 5000/- d) 10000

Description : The divisional supdt may sanction Rs ____ in each case for a period of three month only, for temporay arrangements for conveyance of mails without calling tenders a) 2500/- b) 30000/- c) 5000/- d) 10000

Last Answer : c) 5000/

Mark the correct option related to submission of robbery report to DG Posts a) Case of highway robbery of mail involving loss of cash/valuables above Rs 50000 b) The attacks on offices by dacoits causing injury to the staff/losses over Rs50000 c) Cases of loss of damage to or tampering with ins article which the amount of compensation payable exceed Rs 10000 d) Cases of fraud and loss or misappropriation of public money exceeds Rs 50000 e) All the above

Description : Mark the correct option related to submission of robbery report to DG Posts a) Case of highway robbery of mail involving loss of cash/valuables above Rs 50000 b) The attacks on offices by dacoits ... ) Cases of fraud and loss or misappropriation of public money exceeds Rs 50000 e) All the above

Last Answer : e) All the above

When a term serious loss occurring to immovable property of department a. all loss exceeding Rs 1000/- b. all loss exceeding Rs 5000/- c. all loss exceeding RS 10000/

Description : When a term serious loss occurring to immovable property of department a. all loss exceeding Rs 1000/- b. all loss exceeding Rs 5000/- c. all loss exceeding RS 10000/

Last Answer : a. all loss exceeding Rs 1000/

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

Description : 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 ... if due installment are not paid within 6 month the policy may be treated as lapsed d) None of these

Last 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

As per AS-3, Cash Flow Statement is mandatory for (i) All enterprises (ii) Companies listed on a stock exchange (iii) Companies with a turnover of more than Rs 50 crores A. Both (i) and (ii) B. Both (i) and (iii) C. Both (iii) and (ii) D. None of the above

Description : As per AS-3, Cash Flow Statement is mandatory for (i) All enterprises (ii) Companies listed on a stock exchange (iii) Companies with a turnover of more than Rs 50 crores A. Both (i) and (ii) B. Both (i) and (iii) C. Both (iii) and (ii) D. None of the above

Last Answer : C. Both (iii) and (ii)

How much amount has been allocated for Indian Railways for the fiscal year 2019-20? A. Rs. 65,587 crores B. Rs. 66,587 crores C. Rs. 64,587 crores D. Rs. 67,587 crores

Description : How much amount has been allocated for Indian Railways for the fiscal year 2019-20? A. Rs. 65,587 crores B. Rs. 66,587 crores C. Rs. 64,587 crores D. Rs. 67,587 crores

Last Answer : C [Rs. 64,587 crores] Explanation: A capital expenditure programme of Rs 1, 58, 658 crore for Indian Railways has been announced by Finance Minister Piyush Goyal in the Railway Budget 2019.

If the fixed costs of a factory producing candles is Rs 20,000, selling price is Rs 30 per dozen candles and variable cost is Rs 1.5 per candle, what is the break-even quantity? (1) 20000 (2) 10000 (3) 15000 (4) 12000

Description : If the fixed costs of a factory producing candles is Rs 20,000, selling price is Rs 30 per dozen candles and variable cost is Rs 1.5 per candle, what is the break-even quantity? (1) 20000 (2) 10000 (3) 15000 (4) 12000

Last Answer : (1) 20000 Explanation: Breakeven quantity is the number of incremental units that the firm needs to sell to cover the cost of a marketing program or other type of investment. It is given by the formula: BEQ = FC / (P-VC) Where ... per unit = 30/12 = Rs. 2.5 So 20000/ (2.5-1.5) = 20000/1= Rs. 20,000

If the fixed costs of a factory producing candles is Rs 20,000, selling price is Rs 30 per dozen candles and variable cost is Rs 1.5 per candle, what is the break-even quantity? (1) 20000 (2) 10000 (3) 15000 (4) 12000

Description : If the fixed costs of a factory producing candles is Rs 20,000, selling price is Rs 30 per dozen candles and variable cost is Rs 1.5 per candle, what is the break-even quantity? (1) 20000 (2) 10000 (3) 15000 (4) 12000

Last Answer : 20000

Adhu Ltd. owns machinery (rate of depreciation is 15%), the written down value of which as on 1st April 2017 is Rs.30 Lakh. Due to fire, entire assets in the block were destroyed and the insurer paid Rs.25 lakh. The eligible depreciation in respect of block : a) Rs.450000 b) Rs. 75000 c) Rs. 400000 d) Nil

Description : Adhu Ltd. owns machinery (rate of depreciation is 15%), the written down value of which as on 1st April 2017 is Rs.30 Lakh. Due to fire, entire assets in the block were destroyed and the insurer paid Rs.25 lakh ... depreciation in respect of block : a) Rs.450000 b) Rs. 75000 c) Rs. 400000 d) Nil

Last Answer : d) Nil

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 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 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/

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

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

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

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

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

The divisional supdt may sanction may sanction up to Rs____- only per rented bldgs per annum in each case a) 2500/- b) 30000/- c) 5000/- d) 10000/

Description : The divisional supdt may sanction may sanction up to Rs____- only per rented bldgs per annum in each case a) 2500/- b) 30000/- c) 5000/- d) 10000/

Last Answer : d) 10000

The divisional supdt may sanction may sanction up to Rs_____ annual or special repairs/ maintenance expenses to Deptl bldgs per annum per bldgs a) 25000/- b) 30000/- c) 15000/- d) 10000/

Description : The divisional supdt may sanction may sanction up to Rs_____ annual or special repairs/ maintenance expenses to Deptl bldgs per annum per bldgs a) 25000/- b) 30000/- c) 15000/- d) 10000/

Last Answer : c) 15000/

The divisional supdt may sanction up to Rs____ for petty works-per annum per departmental buildings a) 25000/- b) 30000/- c) 5000/- d) 10000/

Description : The divisional supdt may sanction up to Rs____ for petty works-per annum per departmental buildings a) 25000/- b) 30000/- c) 5000/- d) 10000/

Last Answer : d) 10000/