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 balance to less than fifty in single account and less than 500 in cheque account d) All the above

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 balance to less
than fifty in single account and less than 500 in cheque account
d) All the above
by

1 Answer

Answer :

d) All the above
by

Related questions

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 deposit in case account close before expiry of 2 year and 1% after expiry of 2 years. 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

Last Answer : d) All the above

Mark the correct option a) There is no maximum limit of deposit in TD accounts of any type b) No subsequent withdrawal allowed in TD accounts before date of maturity c) The investment under 5 years TD qualifies for the benefit of Section 80C f the income tax Act 1961 from 01-04-2007 d) All the above

Description : Mark the correct option a) There is no maximum limit of deposit in TD accounts of any type b) No subsequent withdrawal allowed in TD accounts before date of maturity c) The investment under 5 years TD ... the benefit of Section 80C f the income tax Act 1961 from 01-04-2007 d) All the above

Last Answer : d) All the above

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 will be charged on loan amount d) If the repayment with interest is made on or before the 10th of the month, no interest shall be payable for that monthe) 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

Last Answer : e) All the above

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 subsequent deposit can be made in workers wage account d) No amount is required for opening worker wage accounts e) All the above

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

Last Answer : e) All the above

Mark the correct option a) In case RD account opened between 1st and 15th of the month the subsequent deposit shall be made up to 15th of the next month. b) In case RD account opened between 16th and last date of the month the subsequent deposit shall be made up to end of the month of next month c) The above effect apply all account opened before 01 Jan 2012 and after . d) All the above

Description : Mark the correct option a) In case RD account opened between 1st and 15th of the month the subsequent deposit shall be made up to 15th of the next month. b) In case RD account opened between 16th and ... c) The above effect apply all account opened before 01 Jan 2012 and after . d) All the above

Last Answer : d) All the above

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 bookc) The amount annual interest added in a saving account may not be treated as transaction in that accountd) 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

Last Answer : d) All the above

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 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

Last Answer : d) All the above

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/

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/

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/

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/

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 new account opened. c) In case the account not extended on maturity and closed at any time the saving bank interest applicable d) There is no maximum time limit for PMI e) 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

Last Answer : e) All the above

Mark the correct option. In a PPF account opened on 1.2.2011: a) 1st loan can be taken on 1.4.2012 b) Loan as on 1.4.2012 shall be admissible limited to 25% balance as on 31.3.11 c) The first withdrawal shall be permissible on 01.02.2015 d) Subscriber can take second loan on 1.4.2013 without repaying earlier loan

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

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) 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

Last Answer : d) All the above

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 : 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

Last Answer : d) All the above

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 : 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

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 officed) 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

Last Answer : d) All the above

Mark the correct option relating to RD a) If there are more than four monthly defaults, the account shall be treated as discontinued b) Revival of the account shall be permitted only within a period of two months from the month of fifth default. c) Discontinued account can be closed after three years d) All the above

Description : Mark the correct option relating to RD a) If there are more than four monthly defaults, the account shall be treated as discontinued b) Revival of the account shall be permitted only within a period ... of fifth default. c) Discontinued account can be closed after three years d) All the above

Last Answer : d) All the above

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 deposit or more as per prescribed and default will be recovered if a depositor 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) 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

Last Answer : d) All the above

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/

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/

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/

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/

Mark the correct option relating to fee for obtain information under RTI act a) Rs 2/- per each page (A4/A3 size paper) created or copied b) Actual charge or cost price of a copy in large size paper c) Actual cost or price for samples or models d) For inspection of records no fee for the first hour and a fee Rs5/- for each subsequent hour e) All the above

Description : Mark the correct option relating to fee for obtain information under RTI act a) Rs 2/- per each page (A4/A3 size paper) created or copied b) Actual charge or cost price of a copy in large size paper ... records no fee for the first hour and a fee Rs5/- for each  subsequent hour  e) All the above

Last Answer : e) All the above

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 years who has retired on superannuation or under VRS can also open account within the one month of receipt the retirement benefits and not exceed the amount of retirement benefits c) The maturity period is 5 years d) All the above

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

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) The surviving depositor will have withdraw the excess amount over and above the maximum limit of investment by single depositor. c) If this amount is not withdrawn, the excess amount will carry the normal saving bank interest 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

Last Answer : d) All the above

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

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

Mark the correct option a) Maximum 12 deposit can be made in a financial year and more than one deposit can be made in one month b) Only one account can be opened in Post office or SBI or any nationalized banks. c) The account can be transferred from one PO to another and PO to State bank or nationalized bank vice versa. d) All the above

Description : Mark the correct option a) Maximum 12 deposit can be made in a financial year and more than one deposit can be made in one month b) Only one account can be opened in Post office or SBI or any ... from one PO to another and PO to State bank or nationalized bank vice versa. d) All the above

Last Answer : d) All the above

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 c) The MIS account closed after expiry of three year 1% deduction will be made . on the initial deposit d) In case of death of the depositor before maturity account may be closed and deposit refunded along with interest up to the month preceding the month in which refund made. e) 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

Mark the correct option relating to Senior citizen saving account a) Account opening form is Form A & for closing Form Eb) Pay in Slip Form Dc) Account transfer form is From Gd) 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

Last Answer : d) All the above

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 to the SO c) The balance of list of daily account received from the SO and accounted for in the HO. d) Particulars of documents and ser No and value of Postal order, sent to SO e) 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

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) Sanchayika accounts can be opened in the name of the principal/teacher and two students not less than 10 year of age c) Minor account can be opened by a person under the law in force from time to time as guardian when father and mother both are not alive 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

Last Answer : d) All the above

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 covered under this policy. The same child should not be covered under more than one policy c) The insured of main policy shall not be aged 45 years and above at the time of taking of children policy d) The age of the child note more than 18 year at the time of issue of children policy

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

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

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

Mark the correct option. a) The first loan on PPF accounts can be taken in the third year from the year of opening the account. b) The amount of Loan will be restricted to 25% of the balance at the account end of the second year preceding the year in which the loan is applied for. c) The loan is repayable either in lump sum or in convenient installments of not more than 36. d) All the above

Description : Mark the correct option. a) The first loan on PPF accounts can be taken in the third year from the year of opening the account. b) The amount of Loan will be restricted to 25% of the balance at ... is repayable either in lump sum or in convenient installments of not more than 36. d) All the above

Last Answer : d) All the above

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) 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

Last Answer : d) All the above

Mark correct option a) For the purpose of bag account PO is a Unit Bag Office b) Memo of authorized Bag balance is issued by Sr/Supdt of PO/RMS offices c) Diagram of a sorting case is prepared by SRM d) All the above are correct

Description : Mark correct option a) For the purpose of bag account PO is a Unit Bag Office b) Memo of authorized Bag balance is issued by Sr/Supdt of PO/RMS offices c) Diagram of a sorting case is prepared by SRM d) All the above are correct

Last Answer : d) All the above are correct

Mark the incorrect option a) No further transaction will be allowed in silent account b) The silent account cannot be revived should be closed c) The silent account can be revived by transaction and submitting an application. d) None of these

Description : Mark the incorrect option a) No further transaction will be allowed in silent account b) The silent account cannot be revived should be closed c) The silent account can be revived by transaction and submitting an application. d) None of these

Last Answer : b) The silent account cannot be revived should be closed

Mark the correct option relating to district forum a) It should have two member , one of whom shall be a woman b) Members age shall not be less than 35 years old c) Possess a bachelors of degree from recognized university d) Ten year knowledge and experience in dealing with problems relating to economics, law, commerce, accountancy, industry& public affairs e) All the above

Description : Mark the correct option relating to district forum a) It should have two member , one of whom shall be a woman b) Members age shall not be less than 35 years old c) Possess a ... dealing with problems relating to  economics, law, commerce, accountancy, industry& public affairs e) All the above

Last Answer : e) All the above

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 the rate of interest admissible on PPF subscription c) Second withdrawal can be taken after refund of 1st withdrawal with interest thereon d) The amount of withdrawals in a PPF Account is not repayable

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

Mark the incorrect option a) To joining educational institution by Govt servants outside normal office hours should be take prior permission before joining educational institutions or courses of studies for universities degree b) Participation in Shramadan organized by govt department or the Bharath sevak samaj can be permitted c) Participation in shramadan or bharat sevak samaj such activity does not interfere with the performance of this official duties d) None of these

Description : Mark the incorrect option a) To joining educational institution by Govt servants outside normal office hours should be take prior permission before joining educational institutions or courses of studies ... activity does not interfere with the performance of this official duties d) None of these

Last Answer : d) None of these

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 refunded and other conditions fulfill 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 c) Second loan is permissible in the same financial year if first loan taken in the year has been refunded alongwith interest thereon and other conditions fulfill d) None of the above is correct

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

Mark the correct option a) The CIC/IC shall hold office for a term 5 years b) CIC shall not be eligible to reappointment. c) No CIC shall hold office as such after he has attained the age of 65 years d) Every IC shall not be eligible to reappointment as IC but shall be eligible to reappoint as CIC the term of office shall not be more than 5 years in aggregate as IC and CIC e) All the above

Description : Mark the correct option a) The CIC/IC shall hold office for a term 5 years b) CIC shall not be eligible to reappointment. c) No CIC shall hold office as such after he has attained the age of 65 ... the term of office shall not be more than 5 years in aggregate as  IC and CIC e) All the above

Last Answer : e) All the above

Mark correct option related to bulk bag system under foreign post a) Application for bulk bag facility should be made to Head of the circleb) Special bags of printed newspaper to/from addressees/sender in foreign countries except ceylon, Nepal, Bhutan and Pakistan may be send.c) Bulk bag may be sent either as unregistered or registered.d) The sender of such bags will deposit the amount in cash or POSB certificate pledged to Head of the circle. e) All the above are correct

Description : Mark correct option related to bulk bag system under foreign post a) Application for bulk bag facility should be made to Head of the circle b) Special bags of printed newspaper to/from addressees/sender in ... in cash or POSB certificate pledged to Head of the circle. e) All the above are correct

Last Answer : e) All the above are correct

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

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

What is the Minimum and maximum deposit in Senior citizen saving scheme a) 500 & 5 Lac b) 1000 & 10 Lacc) 1500 & 15 Lac d) 1000 & 15 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

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 Ans:d 97. Mark the correct option

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

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 in the name of husband and wife provided that names of both are registered in the job card c) Joint B account cannot be opened under this category of account d) Only one account can be opened. e) All the above

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.