Payment on death of depositor a) The deposit shall be paid to nominee b) In case nominee is the minor the deposit shall paid to person appointed to receive c) Where no such person is authorized, to the guardian of the minor for the use of minor. d) Where the deposit is payable to two or more nominees and either or any of them is dead, the deposit shall be paid to the surviving nominees or nominees. e) All the above

Question

Payment on death of depositor a) The deposit shall be paid to nominee b) In case nominee is the minor the deposit shall paid to person appointed to receive c) Where no such person is authorized, to the guardian of the minor for the use of minor. d) Where the deposit is payable to two or more nominees and either or any of them is dead, the deposit shall be paid to the surviving nominees or nominees. e) All the above

Payment on death of depositor
a) The deposit shall be paid to nominee
b) In case nominee is the minor the deposit shall paid to person appointed to receive
c) Where no such person is authorized, to the guardian of the minor for the use of
minor.
d) Where the deposit is payable to two or more nominees and either or any of them
is dead, the deposit shall be paid to the surviving nominees or nominees.
e) All the above

asked Oct 28, 2021 by nishant sawant

1 Answer

Related questions

Mark correct option relating to payment of certificate is held by or behalf of minor a) To him personally, if he himself applied for the savings certificate, b) For the use of the minor to any person, being a parent of minor or guardian of his property, as may be specified in that behalf in the form of application c) If no such person has been specified, to any guardian of the property of the minor appointed by a competent court, or where no such guardian has been so appointed to either parent of the minor, or where neither parent is alive, to any other guardian of the minor d) All the above

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Mark the correct option relating to Protected saving scheme a) Twenty four months have been elapsed from the date of opening the account and during the said period all the month installments have been paid into the account without any default and there has been no withdrawal from the account during the period. b) The age of the depositor or depositors as the case may be, at the time of opening the account was not less than 18 years and not more than 53 years c) The legal heir/nominee of the deceased depositor has not made any claim or has not already been given the benefit in respect of any other account under the scheme d) The claim applied for within one year of the death of the depositor e) All the above

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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

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Mark the correct option continuation of senior citizen account after death of the depositor a) In case of joint account (Senior citizen) or where spouse is the sole nominee, the spouse may continue the account on the same terms and conditions even if the spouse is below the age of 60 year. b) The account cannot be continued should be closed. c) If both spouses opened joint account, the spouse cannot continue account after death of the 1st depositor d) All the above

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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

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Last Answer : d) All the above

Mark the incorrect option. a) The PPF account is not transferable from one person to another person. b) In the death of the depositor nominee can be continued the account c) Both the A and B d) Neither A nor B

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When subscriber dies while in service and nominee is minor Then who will collect due amount from GPF ? a. minor b natural guardian of minor c None of these

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Last Answer : b natural guardian of minor

If a MO is received payable to a minor a) It can be paid to the minor if he is old enough to understand the nature of the transaction b) When the minor is under years of discretion and is living with his parents, payment will be made to his parents on signing the MO on behalf of the minor c) When the minor is under years of discretion and is not living with his parents, payment can be made to person in whose care the minor is living on getting an undertaking d) All the above

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The PPF account a) Cannot be attached any order or decree of court b) Is totally exempted from income tax c) In the event of the death of the depositor , the amount standing to his credit can be repaid to his nominee or legal heir even before expiry or 15 year d) All the above

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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

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In case of imprisonment for non-payment of fine, if a part of the fine is paid, such sentence (a) Shall be reduced proportionately (b) Shall not be reduced in direct proportion to the fine paid (c) Shall be reduced but subject to the discretion of the court as to the quantum of reduction (d) All of the above.

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Meanings of “in course of transmission by post” and “delivery”for the purposes of this Act a) A postal article shall be deemed to be in course of transmission by the post from the time of its being delivered to a post office to the time of its being delivered to the addressee or of its being returned to the sender or otherwise disposed b) The delivery of a postal article of any description to a postman or other person authorized to receive postal articles of that description for the post shall be deemed to be a delivery to a post officec) The delivery of a postal article at the house or office of the addressee, or to the addressee or his servant or agent or other person considered to be authorized to receive the articled) All the above.

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Last Answer : d) All the above

Money order payable to a person who is not permanent resident within the jurisdiction of office of payment a) Will not be paid b) Payment will be made only through cheques c) Payment will be made only by the postmaster d) Can be paid in the normal course on satisfactory proof of identity of the person in the MO

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Last Answer : d) Can be paid in the normal course on satisfactory proof of identity of the person in the MO

Provided that the minimum amount of sum so payable shall not be less than ____ of the value of such defective goods sold or services provided, as the case may be to such consumers. a) Rs 25000/- c) 10 % c) 5% d) None of these

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Mark the correct option a) When an official is transferred permanently to the jurisdiction of another office, the officer in charge of the office in which his bond is kept will forward the bond to the proper office in a regd cover. b) When an application is received for the refund of the balance at credit of a security deposit amount, in no case should be refund be authorized before the expiry of six months after the vacation of his office by the employee c) All bonds of permanent or temporary officials will be entered in the prescribed register Form Sec. 19. d) All the above

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Last Answer : d) All the above

In case of maturity value of discontinued RD account is retained after the date of maturity the depositor shall be entitled ______ of interest wef 01 Jan 2012 a) 3.5% b) 4% c) 8% d) 9.25%

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Last Answer : b) 4%

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Last Answer : d) All the above are correct

A money order returned from a foreign country of payment as not payable a) The sender will paid the value of the money order as actually paid in Indian currency at the time of issue without the commission originally collected. b) The sender will be paid the value of the MO+ commission. c) The sender will be paid half the value of the MO without the MO commission d) The sender will be paid the value of the MO and half commission

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Last Answer : a) The sender will paid the value of the money order as actually paid in Indian currency at the time of issue without the commission originally collected

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Last Answer : a) Articles all kinds in sorting

On which rule is supported for payment of arrears of arrears of pensions will be madeto the nominees a. Payment of Arrears of pension (Nomination) Rules 1983b. Payment of Arrears of pension (Nomination) Rules 1985 c. Payment of Arrears of pension (Nomination) Rules 1987

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Last Answer : a. Payment of Arrears of pension (Nomination) Rules 1983

When an account opened in contravention of rules a) The account should be closed b) The deposit made in the account refunded to the depositor without interest c) Both A and B d) None of these

Description : When an account opened in contravention of rules a) The account should be closed b) The deposit made in the account refunded to the depositor without interest c) Both A and B d) None of these

Last Answer : c) Both A and B

I am 1 of 4 children who's mother died and left no will, to our knowledge. Her surviving spouse has cut off all communication with us, and we have not received any of the personal items he said we were to receive, including contents of a safety deposit bo?

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Last Answer : Seek legal counsel.

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Last Answer : a) Parent or guardian

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Description : The depositor shall be pay Rs _____ to transfer of PPF account one PO to another PO or SBI bank a) Rs 10/- b) Rs 50/- c) Rs 1/- d) Free

Last Answer : d) Free

In case the balance was above one lac in deceased depositor account___ is necessary a) Witness of responsible person b) Thumb impression of the deceased person c) Succession certificate or Probate of will or letter of administration d) All the above

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Last Answer : c) Succession certificate or Probate of will or letter of administration

. If a money order cannot be paid owing to the death of the payee a) It should be paid to his relatives in the address b) It should be treated as an unclaimed order c) It should be kept in deposit d) None of these

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Last Answer : e) All the above;

Which office issue duplicate passbook of a saving accounts is paid by the depositor? a) Head Office b) SO c) The same SO where A/c Stands d) None of these

Description : Which office issue duplicate passbook of a saving accounts is paid by the depositor? a) Head Office b) SO c) The same SO where A/c Stands d) None of these

Last Answer : c) The same SO where A/c Stands

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Description : In what manner the fee for issue of duplicate pass book of savings account is paid by the depositor? a) By cash b) By crediting to UCR c) Postage stamp equa

Last Answer : c) Postage stamp equal to the value of the fee to be affixed on the application

False statement on oath or affirmation to public servant or person authorized to administer an oath or affirmation shall be punished with imprisonment a) Simple imprisonment for a term may extend to 3 years or with fine or both b) Simple imprisonment for a term may extend to 2 years or with fine or both c) Simple imprisonment for a term may extend to 1 years or with fine or bothd) None of these

Description : False statement on oath or affirmation to public servant or person authorized to administer an oath or affirmation shall be punished with imprisonment a) Simple imprisonment for a term may extend to 3 years or ... for a term may extend to 1 years or with fine or both d) None of these

Last Answer : a) Simple imprisonment for a term may extend to 3 years or with fine or both

If a money order payable to a person whose identity is not known to the PO is received a) It cannot be paid at window b) It should be paid on proper identification b a person known to the PO c) Should be returned to the sender d) Can be redirected/dispersed as per written instruction of the person

Description : If a money order payable to a person whose identity is not known to the PO is received a) It cannot be paid at window b) It should be paid on proper identification b a person known to the PO c) Should be returned to the sender d) Can be redirected/dispersed as per written instruction of the person

Last Answer : b) It should be paid on proper identification b a person known to the PO

While making the payment of amount which is due for civil work to government agencies , the full amount can be paid The above statement is a. True b. False c. Subject condition and considering the circumstance , the advance payment of full amount shall be drawn

Description : While making the payment of amount which is due for civil work to government agencies , the full amount can be paid The above statement is a. True b. False c. Subject condition and considering the circumstance , the advance payment of full amount shall be drawn

Last Answer : c. Subject condition and c

If the property ordered to be attached is a immovable property, the attachment under this section shall be made a) By taking possession b) By the appointment of a receiver c) By an order in writing prohibiting the payment of rent on delivery of property to the proclaimed person or to any one on his behalf d) By all or any two of such methods as the court thinks fit

Description : If the property ordered to be attached is a immovable property, the attachment under this section shall be made a) By taking possession b) By the appointment of a receiver c) By an order in writing ... any one on his behalf d) By all or any two of such methods as the court thinks fit

Last Answer : d) By all or any two of such methods as the court thinks fit

In case money order received for payment to a blind person a) The provision as for payment of MOs to minors to be followed b) Money order should not be paid but returned to remitter c) The provisions as for payment of MOs to pardanishin woman to be followedd) Provision for payment of MOs to illiterate payees should be observed

Description : In case money order received for payment to a blind person a) The provision as for payment of MOs to minors to be followed b) Money order should not be paid but returned to remitter c) ... to pardanishin woman to be followed d) Provision for payment of MOs to illiterate payees should be observed

Last Answer : d) Provision for payment of MOs to illiterate payees should be observed

Mark the correct option a) In case RD account opened between 1st and 15th of the month the subsequent deposit shall be made up to 15th of the next month. b) In case RD account opened between 16th and last date of the month the subsequent deposit shall be made up to end of the month of next month c) The above effect apply all account opened before 01 Jan 2012 and after . d) All the above

Description : Mark the correct option a) In case RD account opened between 1st and 15th of the month the subsequent deposit shall be made up to 15th of the next month. b) In case RD account opened between 16th and ... c) The above effect apply all account opened before 01 Jan 2012 and after . d) All the above

Last Answer : d) All the above

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

The central information commission/state information commission has a duty to receive complaint from any person a) Who has not been able to submit an information request because a PIO has not been appointed b) Who has been refused information that was requested c) Who thinks to fee charged unreasonable d) Who thinks information given is incomplete or false or misleading e) All the above

Description : The central information commission/state information commission has a duty to receive complaint from any person a) Who has not been able to submit an information request because a PIO has not been ... d) Who thinks information given is incomplete or false or misleading e) All the above

Last Answer : e) All the above

nishant sawant · Answer 1 · 2021-10-28T21:50:17+0000

Answer :

e) All the above

answered Oct 28, 2021 by nishant sawant

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