Description : Mark correct option relating to worker wage accounts a) A single account may be opened by any of the registered adult of a house hold whose name is mentioned in the job card. b) A joint account can ... be opened under this category of account d) Only one account can be opened. e) All the above
Last Answer : d) Only one account can be opened.
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 : 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 amount is not withdrawn, the excess amount will carry the normal saving bank interest d) All the above
Description : Mark the correct option a) The final withdrawal in saving account made through SB 7 only b) In joint B saving accounts at the ti c) Saving account of deceased depositor can not be transferred from one post office to another post office d) All the above
Description : A blind or illiterate or physically handicapped adult a) Cannot be opened any account b) May open or operate account personally c) May operate account through a literate agent nominated by him for the purpose d) Both the B and C
Last Answer : d) Both the B and C
Description : How many Single saving accounts may be opened by an adult in his own name in any one post office? a) Only one b) Only Two c) No such limit d) None of these
Last Answer : a) Only one
Description : 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 ... The claim applied for within one year of the death of the depositor e) All the above
Last Answer : e) All the above
Description : What is minimum amount may be withdrawn by a cheque from a cheque saving account? a) Rs 500/- b) Rs 100/- c) Rs 100/- d) Rs 20/
Last Answer : d) Rs 20/
Description : Mark the correct option a) Minor cannot appoint a messenger for making withdrawal from SB account b) At the time of making a withdrawal by cheque from saving account not necessary to provide pass book ... added in a saving account may not be treated as transaction in that account d) All the above
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/
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
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
Description : Mark the incorrect option relating to PPF account a) An individual can open account with Rs 5/- b) Joint account can be opened in PPF c) Nomination facility is available d) Both the A and B
Last Answer : b) Joint account can be opened in PPF
Description : 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 ... account, the spouse cannot continue account after death of the 1st depositor d) All the above
Description : A depositor may operate a senior citizen account a) More than one account in individual capacity or jointly with spouse b) Only one account single another one with spouse c) Only one single account and more than one joint account d) None of these
Last Answer : a) More than one account in individual capacity or jointly with spouse
Description : What is the maximum balance may be deposited to Single/ Joint account a) 1 lac/2 lac b) 2lac/3 lac c) No maximum limit d) None of these
Last Answer : c) No maximum limit
Description : MIS account in multiple of Rs. 1500/- can be made instead of Rs. 1000/- MIS and the maximum limit of investment in a single account has been raised from Rs. 3 lakh to Rs. 4.5 lakh and in joint account opened by two ... to Rs. 9 Lakh. Wef a) 01.8.2007 b) 12.5.2008 c) 30.08.2009 d) None of these
Last Answer : a) 01.8.2007
Description : How many saving accounts can be opened by a guardian on behalf of a minor? a) Only one account can be opened on behalf of one minor by one guardian i.e either mother or father b) Only two account can be opened on behalf of one minor by both the father and mother c) No min limit d) None of these
Last Answer : a) Only one account can be opened on behalf of one minor by one guardian i.e either mother or father
Description : Mark the correct option relating to Senior citizen saving account a) Account opening form is Form A & for closing Form E b) Pay in Slip Form D c) Account transfer form is From G d) 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
Description : Present rate of Senior citizens saving scheme account is____ payable quarterly. a) 10% b) 9.3% c) 8.5 % d) 9.5%
Last Answer : b) 9.3%
Description : Mark the correct option a) No subsequent deposit allowed less than Rs 5 in saving account b) No withdrawal is allowed less than Rs 5 c) No withdrawal shall be permitted which has the effect reducing the ... to less than fifty in single account and less than 500 in cheque account d) All the above
Description : Mark the correct option a) A literate person can account with cheque facility b) No minimum amount is required for opening of Workers wage account c) Saving account can be opened by cash only d) All the above
Description : What is the fee for transfer of saving account from one post office to another post office? a) Rs 5/- b) Rs 10/- c) Rs 1/- shape of postage d) Free
Last Answer : d) Free
Description : What is the fee for issue of duplicate passbook in saving account? a) Rs 20/- b) Rs 10/- c) Rs 5/- d) Free
Last Answer : b) Rs 10/
Description : After how many consecutive years without any transaction a saving account is treated as silent account? a) 2 years b) 3 years c) 4 years d) 5 years
Last Answer : b) 3 years
Description : What is the minimum age for opening a single saving account by a minor himself in his name? a) 10 years b) 14 years c) 18 years d) No min age limit
Last Answer : a) 10 years
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
Description : The Saving bank act 1873 does not apply to a) 5 Year RD accounts b) TD accounts c) Account opened through agents d) Sanchaya ka accounts
Last Answer : d) Sanchaya ka accounts
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 : What is the age criteria for joint holder (spouse) in case of joint SCSS account a) Joint holder also to attain 60 years b) No age criteria for join holder c) Should be attain 55 years d) All the above
Last Answer : b) No age criteria for join holder
Description : Joint account can be opened with a) Father/mother only b) Spouse only c) Any persons d) Only within relation
Last Answer : b) Spouse only
Description : What is the maximum limit of deposit in MIS account in single and joint? a) 1.5 lac and 3 lack b) 3 lac and 4.5 lack c) 4.5 lac and 9 lac d) 6 lac and 9 lac
Last Answer : c) 4.5 lac and 9 lac
Description : Mark the incorrect option a) Single account can be converted into Joint and Vice versa b) Minor after attaining majority has to apply for conversion of the account in his name c) If minor attaining majority the account can be closed by guardian d) None of these
Last Answer : c) If minor attaining majority the account can be closed by guardian
Description : PPF account can be opened by a) An individual adult can on his own name b) An individual on behalf of minor c) Both the A & B d) None of these
Last Answer : c) Both the A & B
Description : A person can open ____ of TD Accounts in one post office a) Only one b) One single and another joint c) Any number d) None of these
Last Answer : c) Any number
Description : A person can open ____ of RD Accounts in one post office a) Only one b) One single and another joint c) Any number d) None of these
Description : In Circle where the Store Depot is located at a place different from the Circle Office, duplicate keys of the safes may be kept in the Circle Office itself in the joint custody of the _______and the ... Director of Postal Services b) Manager, Head clerk c) Both the A and B d) None of these
Last Answer : a) Office Superintendent, Assistant Director of Postal Services
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
Description : The post office saving bank started from a) 1990 b) 1880 c) 1882 d) 1982
Last Answer : c) 1882
Description : What is the Minimum and maximum deposit in Senior citizen saving scheme a) 500 & 5 Lac b) 1000 & 10 Lac c) 1500 & 15 Lac d) 1000 & 15 Lac
Last Answer : d) 1000 & 15 Lac
Description : The amount of maturity inclusive of interest if becomes Rs 20000/- or above shall be paid by a) Cash only b) By crossed cheque c) By Credit into saving accounts d) Either B or C
Last Answer : d) Either B or C
Description : Protected saving scheme is admissible in _____ den of RD accounts a) 10 b) 20 c) 50 d) 50
Last Answer : d) 50
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
Description : To supply of saving bank ledger copy Rs _____ will be charged a) 10 per ledger copy b) Rs 5 per every thirty entry c) Rs 2 per every thirty entries or part there of d) Free
Last Answer : c) Rs 2 per every thirty entries or part there of
Description : No maximum limit on saving bank accounts from a) 01 Oct 2011 b) 01 Dec 2011 c) 01 Jan 2012 d) None of these
Last Answer : a) 01 Oct 2011
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
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
Description : The revised rate of interest @4% on saving accounts wef a) 01 Oct 2011 b) 01 Dec 2011 c) 01 Nov 2011 d) 01 Jan 2012
Last Answer : b) 01 Dec 2011
Description : What is the current rate of interest on saving accounts? a) 3.5% b) 4% c) 8% d) 8.2 %
Last Answer : b) 4%