Description : How many times withdrawal can be made from a savings account standing at BO in a day? a) Two times only b) Only once c) Any number of timesd) None of these
Last Answer : b) Only once
Description : What is minimum balance should remain in a savings account with cheque book after withdrawal? a) Rs 50/- b) Rs 500/- c) Rs 1000/- d) Rs 100/
Last Answer : b) Rs 500/
Description : What is minimum balance should remain in a savings account without cheque account after withdrawal? a) Rs 50/- b) Rs 500/- c) Rs 1000/- d) Rs 100/
Last Answer : a) Rs 50/
Description : Mark the correct option relating to withdrawal on PPF account a) The first withdrawal can be made at any time after expiry of 5 years from the end of the year in which the initial subscription was made ... be made in one financial year . The amount of withdrawal is not repayable. d) All the above
Last Answer : 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 : Mark the correct option relating to SO Slip a) SO slip prepared in form Pa 3 by HO to each of its SO in every day enclosed in the account bag b) Amount with details, of cash (including stamps) sent ... HO. d) Particulars of documents and ser No and value of Postal order, sent to SO e) All the above
Last Answer : e) All the above
Description : When a remittance is made to a SO through a special carrier, in which document a remark should be written for the information of SPM as to how the money was sent a) In SO daily account b) In SO Slip c) In HO summary d) In treasurer cash book
Last Answer : b) In SO Slip
Description : Mark the correct option a) No interest shall be allowed on an account for any month in which the balance at credit below twenty rupees ant any time between the close of the tenth day and ... month in which sanction for withdrawal of balance is issued by competent postal authority d) All the above
Description : Mark the correct option a) No subsequent withdrawal is allowed in SCSS account before expiry of 5 years b) Premature closer is permitted after expiry on one year c) A deduction will be made 1.5% of the ... case account close before expiry of 2 year and 1% after expiry of 2 years. d) All the above
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
Description : Mark the correct option a) Withdrawal will be allowed 50% deposited amount in RD account after one year and after 12 monthly deposit. b) No withdrawal is allowed in discontinued RD accounts c) 10% interest ... the 10th of the month, no interest shall be payable for that month e) All the above
Description : Whenever a transaction cannot be posted by the HO in a particular account for any reason a remark------------------ will be made by the HO against the entry in LOT a) Not posted b) Unposted c) Remain to post d) None of these
Last Answer : b) Unposted
Description : Remittance exchanged between two sub offices entered in ______ at HO a) SO daily account b) SO Slip d) BO slip d) SO summary
Last Answer : d) SO summary
Description : When a certificate is unclaimed or remains undelivered at a H.O. or S.O. for any reason and all efforts to deliver the same to the holders have failed, the same will be sent by the _____ for ... HO, Postal account office b) SO, Postal account office c) HO, Circle stamp depot d) None of these
Last Answer : a) HO, Postal account office
Description : The yearly unsold certificate statement received from all SO by HO will be forwarded to a) Circle stamp depot b) Head of the circle d) Postal Account office d) Security press nasik
Last Answer : d) Security press nasik
Description : The purpose of maintaining the SO summary is a) For consolidating the monetary transaction of the SOs in account with it b) To check the transaction of the SOs including the branch offices in account with ... stamps and postage due in transit between the HO and the SO under it. d) All the above
Description : Which of the following particulars should also be furnished on the reverse of the daily account. a) Details of remittances received and sent from or to HO or other SO b) Particulars of UCR , UCP, ... entered in remarks column d) All documents sent to along with the daily account 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
Description : SO slip prepared in HO a) Treasurer b) Head postmaster c) Sub account assistant d) None of these
Last Answer : c) Sub account assistant
Description : Sub office sent to HO a) BO Slip b) SO Slip c) SO daily account d) BO daily account
Last Answer : c) SO daily account
Description : BO daily account exchanged between a) SO and HO b) BO and HO c) BO and SO d) Either B or C
Last Answer : d) Either B or C
Description : 16th of the every month_____ will be send void MO list to ______in form MO 19(b) a) SO, HO, b) SO, Circle Account office c) SO, Postal Account Office d) HO , Postal account office
Last Answer : d) HO , Postal account office
Description : Forms for the branch post office will be supplied by the a) Any SO b) Their account office c) Sub divisional office d) HO
Last Answer : d) HO
Description : Mark correct option a) An account bag is used between a SO to HO vice versa b) SO to HO account bag contain SO daily account c) HO to SO account bag contain SO Slip d) Account bag are due bag e) All the above
Description : Mark the correct option. In a PPF account opened on 1.2.2011: a) 1 st loan can be taken on 1.4.2012 b) Loan as on 1.4.2012 shall be admissible limited to 25% balance as on 31.3 ... shall be permissible on 01.02.2015 d) Subscriber can take second loan on 1.4.2013 without repaying earlier loan
Last Answer : a) 1 st loan can be taken on 1.4.2012
Description : Mark the correct statement. a) Second withdrawal in a PPF account is payable in the next financial year of the year in which principal and interest on first withdrawal has been fully ... been refunded alongwith interest thereon and other conditions fulfill d) None of the above is correct
Last Answer : b) Second loan is permissible in the financial year in which 1st loan and interest thereon has been recovered provided the 1st loan was not taken in the same year and other conditions fulfill
Description : Mark the correct statement: a) A withdrawal in a PPF account can be refunded in not more than 36 monthly installments: b) Interest on withdrawal taken from a PPF account is one percent above ... 1st withdrawal with interest thereon d) The amount of withdrawals in a PPF Account is not repayable
Last Answer : d) The amount of withdrawals in a PPF Account is not repayable
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
Description : Mark the correct option a) The account can be transferred submitting an application in form SB 10(b) b) The account may be opened in using the form SB 3 c) SB 7 is necessary to get withdrawal except cheque account 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 : 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 : How many persons can be nominated by the depositor of a savings account? a) Only one persons b) Two persons only c) Any number of person d) None of these
Last Answer : c) Any number of person
Description : The date of credit of cheque in case of RD/PPF account will be the date of a) Presentation of cheque b) Receipt of the cheque from postmaster c) Receipt of the cheque from HO d) The date clearing
Last Answer : d) The date clearing
Description : With effect from------------------, all Single/Double handed Sub Post Offices, at the time of closure/premature closure of RD/MIS/SCSS accounts will collect closed passbook from the depositor and attach the same with ... LOT to HO. a) 15.2.2008 b) 11.06.2010 c) 23.06.2010 d) None of these
Last Answer : a) 15.2.2008
Description : Acquittance rolls should be signed by _______ and forwarded to_______ a) Sub account assistant, HO b) Treasure, Account office c) Postmaster, HO d) Treasure, HO
Last Answer : c) Postmaster, HO
Description : On return of the carrier to the HO ________ should be examine the dairy or book of the carrier to see that a receipt for the remittance has been obtained by him and initial it with date in ... the examination. a) Head Postmaster b) Sub account assistant c) Treasurer d) Any senior of the branch
Last Answer : c) Treasurer
Description : Money order issued at BO will be a) Will be numbered examined and issued at the account office as MO presented at the window b) Forwarded to HO for further action c) MOs cannot be booked at BO d) None of these
Last Answer : b) Forwarded to HO for further action
Description : _________ is authorized to transfer a branch office from one account office to another account office under the same HO a) Head of the Circle b) DG Post c) Postmaster General d) Superintendent
Last Answer : d) Superintendent
Description : The reason for keeping excess cash should be recorded in ------------- a. HO Summary b. Treasure’s Cash Book c Cash Account
Last Answer : a. HO Summary
Description : The ACG1 is denotes -------------- a. Treasure’s Cash book b. Cash account c. HO Summary
Last Answer : c. HO Summary
Description : 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
Description : IPO are sold and paid directly at a) HO only b) HO and SO c) HO, SO and all BOs d) HO & selected SO
Last Answer : b) HO and SO
Description : MO addressed to postbox no a) Cannot be booked b ) Can be booked only in HO c) Can be booked only in SO d) None of these
Last Answer : a) Cannot be booked
Description : The initial deposit for opening of savings account shall be accepted in cash wef a) 01.01.1990 b) 05.02.2000 d) 12.02.2005 d) None of these
Last Answer : a) 01.01.1990
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
Description : In what manner fee for getting the nomination cancelled in a Savings account is to be paid? a) In shape of cash b) By deposit to UCR c) In shape of stamp affixed on the application d) None of these
Last Answer : c) In shape of stamp affixed on the application
Description : What is the fee for getting the nomination altered in a savings account a) Rs 1/- b) Rs 2/- c) Rs 3/- d) Rs 5/
Last Answer : a) Rs 1/
Description : If there is a discrepancy of Rs. 5/- in the value of MO as written in the MO form by the remitter and as advised by the office of payment a) The payment should be withheld and a ... paid and irregularity reported to office of issue d) The case is referred to HO/divisional supdt. for advice
Last Answer : c) The amount entered by the remitter may be paid and irregularity reported to office of issue
Description : List of documents in form SB-104 a) By SO to HO b) HO to SO b) Both the A and B d) None of these
Last Answer : a) By SO to HO