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 : 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
Last Answer : b) In the death of the depositor nominee can be continued the account
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 : 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
Last Answer : d) All the above
Description : In case the depositor not made any transaction in PPF account. a) Rs 50/- will be collected for the one financial year b) Rs 100/- will be collected for no transaction was made for two financial ... of cash and credited into UCR c) Condone default is called to the defaulted deposit d) All the above
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 : 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
Description : If the original passbook of depositor of PPF account is lost or mutilated or damaged, He/she should be required pay Rs _____ a) 10/- b) 20/- c) 1/- d) Free
Last Answer : c) 1/
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 : 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 : 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 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
Last Answer : e) All the above
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 : 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%
Last Answer : b) 4%
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) 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 : 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
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 : 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
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 : 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 : 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 ... after expiry of one year SB interest will be applicable c) Both A &B d) None of these
Last Answer : d) None of these
Description : How many times withdrawal can be made from a savings account standing at SO/HO in a day? a) Two times only b) Only once c) Any number of timesd) None of these
Last Answer : c) Any number of times
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 : In case any discrepancy, passbook will be retained and receipt form____ will be issued to the depositor a) SB-32 b) SB-28 c) SB-27 d) SB-14
Last Answer : b) SB-28
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 : Where the amount of the deposit belonging to the estate of a deceased depositor does not exceed_________ such amount shall be excluded in computing the fee chargeable, a) Twenty five thousand b) Fifty thousand c) Three thousand d) Five thousand
Last Answer : c) Three thousand
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 : The CIC/IC appointing recommendation committee consisting a) The Governor b) The Chief minister who shall be chairperson c) The leader of opposition party in the legislative assebly d) A union cabinet minister to be nominated by the Chief minister e) Above B,C&D only f) All the above
Last Answer : e) Above B,C&D only
Description : The CIC/IC appointing recommendation committee consisting a) The president of India b) The prime minister who shall be chairperson c) The leader of opposition party in the lok sabha d) A union cabinet minister to be nominated by the prime minister e) Above B,C&D only f) All the above
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 : 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 : 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 : How many persons can be nominated by the President to the Rajya Sabha from among those who have distinguished themselves in art, literature, social service, etc.? (1) 12 (2) 4 (3) 8 (4) None
Last Answer : (1) 12 Explanation: Rajya Sabha membership is limited to 250 members, 12 of whom are nominated by the President of India for their contributions to art, literature, science, and social services.
Description : How many persons can be nominated by the president to the Rajya Sabha from among those who have distinguished themselves in art, literature, social service etc.? (1) 4 (2) 8 (3) 12 (4) None of the above
Last Answer : (3) 12 Explanation: 12 members of the Rajya Sabha are nominated by the President of India for their contributions to art, literature, science, and social services.
Description : The following which shall be the personal responsibility of the Head Postmaster: a) Deciding claims in respect of Savings Certificates of deceased holders which lie within his power of decision and ... ) Sanctioning the transfer of savings certificates from one person to another. d) All the above
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 : From which account is the depositor paid high interest ?
Last Answer : High interest rates are paid to depositors for fixed accounts.
Description : Number of persons so entitled is more than the posts available then lien will be given on------------ basis a. Junior most person in the grade will be liable to be reverted b . Senior most person in the grade will be liable to reverted c . None of the above
Last Answer : a. Junior most person in the grade will be liable to be reverted
Description : Word person includes- a) Association b) Company c) Body of persons d) All of these
Last Answer : d) All of these
Description : When a criminal act is done by several persons in furtherance of the common intention of all (a) Each of such person is liable for that act in the same manner as if it were done by him alone (b) ... be liable according to the extent of his participation in the crime (d) Both (b) & (c).
Last Answer : (a) Each of such person is liable for that act in the same manner as if it were done by him alone
Description : Public servant denote a person under the followings a) Every commissioned officer in military, naval or air forces b) Every judge incl any persons empowered by law to discharge c) Liquidator, Juryman, assessor, or member of panchayat d) Every arbitrator . e) All the above
Description : present the Counter Assistant is authorized to receive deposits and allow withdrawals up to Rs.--------------/- in savings accounts only under his own power without showing the documents to the Ledger Assistant and the Supervisor. a) 5000 b) 2000 c) 4000 d) None of these
Last Answer : a) 5000
Description : Mark the correct option a) No one can be claim the max number days casual leave as a matter of right b) Casual Leave should not be sanctioned more than 5 days at a time c) The persons appointed middle ... days Or only proportion d) CL not a form of leave and not treaded as absent e) All the above;
Last Answer : e) All the above;
Description : The following persons are not judge a) A collector b) A magistrate exercising jurisdiction in /ro a charge on which he has power to sentence to fine or imprisonment, with or without appeal c) ... in respect of a charge on which he has power only to commit for trial to another court.
Last Answer : d) A Magistrate exercising jurisdiction in respect of a charge on which he has power only to commit for trial to another court.
Description : Banks in the US, active with the FDIC, only insure $100,000. So if a person has, for example, 10 million dollars and wants to deposit the money in a bank, does he have to look for 100 banks or is there another way to invest that is as low risk as a savings account?
Last Answer : A person with 10 million dollars probably has a diversified investment portfolio with a variety of risk levels and return levels. As a result, his insurance is that not everything will collapse at the ... 10% above inflation, banks are a very poor choice for someone with lots of money to invest.
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 : The authorised agents 0eceipt books will be printed and supplied by the____, Nagpur, to the___ a) National Savings Commissioner, Postal Stores Depots b) Security press Nasik, Circle stamp depot c) Security press Nasik, PSD d) None of these
Last Answer : a) National Savings Commissioner, Postal Stores Depots