If a person dies and is at time of death the holder of a saving certificate and there is
no nomination in force _____should be produced within 3 month for payment
a) Death and probate of his will
b) Letter of administration of his estate
c) A succession certificate granted under the Indian succession act 1925,
d) Any one of the above
e) None of these

1 Answer

Answer :

d) Any one of the above

Related questions

Description : 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

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

Description : The holder (an adult and not a minor) of a certificate who desire to make a  nomination will apply in a) NC 36 b) NC 51 c) NC 10 d) NC 41

Last Answer : b) NC 51

Description : The holder (an adult and not a minor) of a certificate who desire to make a  nomination will apply in a) NC 36 b) NC 51 c) NC 10 d) NC 41

Last Answer : b) NC 51

Description : In the following cases transfer is permissible even before the expiry of one year  from the date of issue of the certificate a) To a near relative out of natural love and affection b) In the name of the ... of the survivor in the event of the death of one of the joint  holders d) All the above

Last Answer : d) All the above

Description : A person residing within the ordinary beat of postman where PB system is in force a) Can have his letter delivered through the normal channel only b) Can have his letter and other articles delivered regularly ... articles delivered at the window of the PO on payment of regular fee d) None of these

Last Answer : b) Can have his letter and other articles delivered regularly at the window of PO free of charge

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 amount is not withdrawn, the excess amount will carry the normal saving bank interest d) All the above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

Description : A claim to value of a certificate standing in the name of a deceased holde may be  made on the basis of a) Nomination b) Legal evidence c) Without production of legal evidence d) All the above

Last Answer : d) All the above

Description : What is the fee for making nomination in a saving accounts first time a) Rs 1/- b) Rs 2/- c) Rs 3/- d) Free

Last Answer : d) Free

Description : The holder of certificate may at any time on his making an application in Form NC- 41 pledge the certificate to a) The president of India b) The governor of the state c) The reserve bank of india d) All the above

Last Answer : d) All the above

Description : A certificate may be transferred from one person to another after the expiry of ____  year from the date of issue of the certificate on the holder making an application in the  prescribed form___ a) 1 year, NC 12 b) 2 year, NC 34 c) 1 year,NC 32 d) 1 year, NC 34

Last Answer : d) 1 year, NC 34

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

Last Answer : d) All the above

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

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

Description : In continuation of maternity leave , the Leave Not Due may be granted ----------- medical certificate Without

Last Answer : Without

Description : CCS conduct Rules not apply to a) A member of All India Service b) A holder of any post in respect of which the president has, by a general or special order c) A Railway servant as defined in Section 3 of the Indian Railways act 1890 d) All the above

Last Answer : d) All the above

Description : Payment of crossed Indian Postal order will be made a) By cash b) Direct to the payee c) Through PO Saving bank or any of the bank d) All the above

Last Answer : c) Through PO Saving bank or any of the bank

Description : Which of the following is subject to payment of Stamp Duty under Indian Stamp Act, 1899 (Central Act)? A. Commercial Paper B. Treasury Bills C. Certificate of Deposit D. Both (A) and (C) E. None of the Above

Last Answer : C. Certificate of Deposit Explanation: CD is subject to payment of Stamp Duty under Indian Stamp Act, 1899 (Central Act).

Description : Application for the payment of void MO should ordinarily be made within a) One year from the date of issue of the money order b) Two year from the date of issue of the money order c) Six month from the date of issue of the money order d) None of these

Last Answer : a) One year from the date of issue of the money order

Description : The posting of the Regd. Newspaper without prepayment should be stopped and license deemed to be cancelled in the event of non payment of a bill a) Within one week following the fortnight to which ... relates. c) Within fortnight following the fortnight to which the bill relates. d) None of these

Last Answer : c) Within fortnight following the fortnight to which the bill relates.

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

Last Answer : b. Six Month

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

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

Description : what happens when someone dies and his estate never goes through probate and then the executor of his estate dies ?

Last Answer : You should seek official legal advice, but the online consensus seems to be that the 2nd person in line to be executor becomes in charge of the estate.

Description : The term 'negotiation' in section 14 of the Negotiable Instruments Act, 1881 refers to A. The transfer of a bill of exchange, promissory note or cheque to any person, so as to constitute the ... the instrument C. The bargaining between the parties to a negotiable instrument D. All of the above

Last Answer : A. The transfer of a bill of exchange, promissory note or cheque to any person, so as to constitute the person the holder thereof

Description : An account bag from the Head Office to Sub office contain a) The SO slip, b) A cash bag containing cash including postage stamps c) IPO, Saving certificate, for sales d) SB Slip (SB 27), BO daily account after check, Blank MO forms for sale e) All the above

Last Answer : e) All the above

Description : A postal franking machine is a stamping machine intended to stamp impressions of dies of approved design on private and official postal articles in payment of a) Postage and postal fee b) Handling charges c) Franking charges d) Special fee

Last Answer : a) Postage and postal fee

Description : Premature encashment of NSC (VIII) will be made a) In case of death of the holder or any of the holder in case of joint account b) On forfeiture by pledgee being Gazetted Government Officer. c) When ordered by a court of law d) Both A, B and C

Last Answer : d) Both A, B and C

Description : 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 ... them is dead, the deposit shall be paid to the surviving nominees or nominees. e) All the above

Last Answer : e) All the above

Description : The NSC (VIII) can be transferred from one person to another person before expiry  of one year  a) To near relative out of natural love and affection b) In the name of the heir or a deceased holder on ... to a court of law or any other person under the order of court of law d) All the above

Last Answer : d) All the above

Description : Can the holder of a negotiable instrument indorsed in blank convert the indorsement into an indorsement in full? A. No, such a conversion is not possible under the Negotiable Instruments Act, 1881 (Section ... the indorsement in blank to an indorsement in full (Section 49) D. None of the above.

Last Answer : C. Yes, the holder can by signing his own name and by writing above the indorser's signature a direction to pay to any other person as indorsee, convert the indorsement in blank to an indorsement in full (Section 49)

Description : What would happen if after John McCain accepts the nomination, he dies?

Last Answer : answer:An excellent question! The GOP would be allowed to select another candidate to replace him, and the actual election would be delayed. The above scenario would depend, of course, on WHEN he died. But, ... be saddled with his running mate, until January 20, 2013. September 2, 2008, 11:19 AM EDT

Description : On discharge of the certificate the office of payment must at once prepare an advice  of payment for the office of registration in triplicate by carbonic process in form ____ a) NC 12 b) NC 4a c) NC 10 d) NC 28

Last Answer : c) NC 10

Description :  The date of purchase of certificate when payment made by cheque will be a) The actual date of cheque accepted by postmaster b) The date of cheque accepted by the Head office c) The date of when cheque received after clearance d) None of these

Last Answer : c) The date of when cheque received after clearance

Description : Payment for purchase of a certificate may be made by  a) Cash or cheque b) Pay order or DD c) Matured Certificate/SB Wdl d) All the above

Last Answer : d) All the above

Description : In the case of inland money order paid certificate of payment is issued by the postmaster of office of payment in the case of a) Loss of MO after payment b) If the MO acknowledgment is lost in transit and the remitter applies for it c) Both the above d) None of these

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Description : If a MO is lost after payment a) Duplicate MO will be prepared by office of issue b) Duplicate mo will be prepared by office of payment c) Certificate of payment will be prepared by office of payment ... of payment will get the signature of the payee in the memo and forward it to the Audit Office.

Last Answer : d) Memo of admission of payment will be prepared by office of issue and on receipt, the office of payment will get the signature of the payee in the memo and forward it to the Audit Office.

Description : pensioner can be exempted from personal appearance for payment , if he produce life certificate from a Group A or B government Servants The Above said statement is a. True b. False

Last Answer : a. True

Description : Mark the correct option. The Indian Post Office is exempted by law from all responsibility in the case of: (A) Loss, misdelivery or delay of registered article in course of transmission by post ( ... of inland money order (C) Wrong delivery of insured letter (D) Wrong delivery of insured parcel

Last Answer : (A) Loss, misdelivery or delay of registered article in course of transmission by post

Description : If a candidate employed in a temporary capacity continuously , then is it need for produce medical certificate if so mention period a. Yes , Period exceeding three months b. yes Period exceeding One month c No

Last Answer : a. Yes , Period exceeding three months

Description : legal responsibility of post office is exempted from a) Any fault by induvidual b) Loss, mis delivery or delay of , or damage to, any postal article in course of transmission by post c) wrong ... or delay in payment by foreign postal administration of money order issued in India. d) All the above

Last Answer : 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

Description : Registration, cancellation or change in the nomination a) Rs 5/- will be charged b) Rs 1/- will be charged c) No fee will be charged d) None of these

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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/

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Description : A BO bag sent a branch office by its account office must always contain BO slip and it may contain a) Postal order for issue/payment b) Money order for payment c) Cash bag containing cash/stamp, SB document, and saving certificates d) All the above

Last Answer : d) All the above

Description : P & T Revenue fund was instituted with effect from ---------------- a. 01.04.1925 b. 01.04.1960 c.03.05.1960

Last Answer : b. 01.04.1960