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 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 : 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
Last Answer : d) All the above
Description : Minimum limit in opening of MIS account a) Rs 1000/- and in multiple of Rs 1000/- b) Rs 1500/- and in multiple of Rs 1500/- c) Rs 1250/- and in multiple of Rs 1250/- d) None of these
Last Answer : b) Rs 1500/- and in multiple of Rs 1500/
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 amount is not withdrawn, the excess amount will carry the normal saving bank interest d) All the above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) 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 : 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 : Choose the correct option relating to the minimum and maximum number of bags, which an office will be authorized to keep will generally a) For Unit Bag Offices and District Bag Offices Min No. of ... bags dispatched in case of deficit offices and Maximum: No limit. d) All the above are correct
Last Answer : d) All the above are correct
Description : 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, ... minor, or where neither parent is alive, to any other guardian of the minor d) All the above
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 : Mark the correct option a) NSC can be purchased by jointly or single b) No maximum limit for purchasing NSC c) NSC VIII available in min Rs 100 den 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 : 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 incorrect option relating to Inspector Post office examination a) A candidate must fulfill the conditions of min service limit and max age limit as on 1st Jul preceding the date fixed for the examination ... be given two months time to learn if after he has been selected. d) None of these
Last Answer : d) None of these
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
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 : Mark the correct option a) A RD account can be opened with min deposit of Rs 10/- and multiple of Rs 5/- b) No max deposit will be prescribed in RD account c) Rebate will be paid on 6 advance ... fails to deposit his/her monthly deposit up to last working day of a calendar month, d) All the above
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 : 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 : Size limit of book packet roll and other than roll is a) Min 10X17 cm & max 80X100, 10X7 cm & 60X30X30 cm b) Max 15 cm x 10.5 Cm min 10X7 cm c) Min11X22cm & max 60X40cm, min 20X17cm &max 90X100cm d) None of these
Last Answer : a) Min 10X17 cm & max 80X100, 10X7 cm & 60X30X30 cm
Description : Post card of private manufacture size limit is a) Min10X7cm & max 50X100cm, min 15X25cm &max 80X100cm b) Max 15 cm x 10.5 Cm min 10X7 cm c) Min11X22cm & max 60X40cm, min 20X17cm &max 90X100cm d) None of these
Last Answer : b) Max 15 cm x 10.5 Cm min 10X7 cm
Description : PPF account can be opened a) only one single b) One minor account on behalf of the minor c) A only d) Both the A and B And B
Last Answer : d) Both the A and B
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 : 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 : Insured boxes dimensions and weight limit is a) Max 200X200X100, min as per letter & 2 Kg a) Max 300X200X100, min as per letter & 1 Kg a) Max 100X200X100, min as per letter & 4 Kg a) None of the above
Last Answer : a) Max 300X200X100, min as per letter & 1 Kg
Description : Size limit of Inland letter card folded and unfolded is a) Min15.2X9cm & max 21X10cm, min 28.2X18.2cm max 30X21cm b) Min10X7cm & max 50X100cm, min 15X25cm &max 80X100cm c) Min11X22cm & max 60X40cm, min 20X17cm &max 90X100cm d) None of these
Last Answer : a) Min15.2X9cm & max 21X10cm, min 28.2X18.2cm max 30X21cm
Description : Size limit of letter and roll is a) Min11X7cm & max 60X90cm, min 10X17cm & max 88X100cm b) Min10X7cm & max 50X100cm, min 15X25cm &max 80X100cm c) Min11X22cm & max 60X40cm, min 20X17cm &max 90X100cm d) None of these
Last Answer : a) Min11X7cm & max 60X90cm, min 10X17cm & max 88X100cm
Description : The min RPLI policy limit is a) 20000/- b) 25000/- c) 10000/- c) 15000/
Last Answer : c) 10000/
Description : What is the minimum and maximum limit to deposit in PPF account? a) 500 and 5000 b) 500 and 70000 c) 1000 and 100000 d) 500 and 100000
Last Answer : d) 500 and 100000
Description : Minimum limit for deposit in TD Account a) 200/- and multiple 200/- b) 100/- and multiple 100/- c) 200/- and multiple 100/- d) None of these
Last Answer : a) 200/- and multiple 200/
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 : 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 : Post maturity interest on TD account shall be paid up to a) 1 Year b) 2 Years c) 3 Years d) No limit
Last Answer : b) 2 Years
Description : Post maturity interest on RD account after extended maturity period shall be paid up to a) 1 Year b) 2 Years c) 3 Years d) No limit
Last Answer : d) No limit
Description : Mark the correct option a) TD accounts cannot be closed prematurely before 6 months from the date of opening of account. b) Where a deposit in 1, 2, 3 or 5 year account is withdrawn prematurely after 6 month ... than the rate specified for 1 , 2 or 3 years as the case may be. d) All the above
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 : 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 : 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 : Under non medical scheme the age at entry of proponent should not exceed a) 35 years b) 40 years c) 45 years d) No limit
Last Answer : a) 35 years
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 : Mark the incorrect option a) Not more than one policy will be allowed for one child. The policy can be taken by insured for his/her own child only b) Not more than two children in a family shall be ... policy d) The age of the child note more than 18 year at the time of issue of children policy
Last Answer : d) The age of the child note more than 18 year at the time of issue of children pol
Description : Every proposal of new establishment made by a_____ must be submitted to______ through___________ concerned, at least _______ in advance of the date form which sanction is desired and where necessary. a) Head of ... Of PO, Head of the Circle/ Regional PMG, Account officer, 2 month d) None of these
Last Answer : c) Supdt Of PO, Head of the Circle/ Regional PMG, Account officer, 2 month
Description : According to Indian law, what is the minimum age of a person for employment in a factory? a) 18 years b) 21 years c) 14 years d) 16 years
Last Answer : c) 14 years
Description : 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 ... can be made to person in whose care the minor is living on getting an undertaking d) All the above
Description : Mark the correct option relating to SO daily account. a) The SO daily account is prepared by the sub postmaster himself b) The sub postmaster is responsible for it correctness c) The SO daily account may be prepared by SB PA d) SB assistant is also responsible for it correctness
Last Answer : a) The SO daily account is prepared by the sub postmaster himself
Description : When any remittance of cash/stamp are enclosed, the account bag a) The treasurer should then enclose the cash/ in the cash bag in the presence of the Sub account assistant and close and seal it also ... and closed by himself c) The cash bag will be closed in presence of Postmaster d) None of these
Last Answer : a) The treasurer should then enclose the cash/ in the cash bag in the presence of the Sub account assistant and close and seal it also in the presence of the sub account assistant.
Description : Mark the correct option a) No cheque collection charge is to be charged in Worker wage accounts b) Workers wage account cannot be transferred from one post office to another Post office c) No ... workers wage account d) No amount is required for opening worker wage accounts e) All the above
Description : In calculating fractions of terms of punishment, imprisonment for life shall be reckoned as equivalent to 4[imprisonment] a) 20 years b) 12 years c) 14 years d) 18 years
Last Answer : a) 20 years