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
end of the month
b) No interest shall be allowed on an account for any year in which the amount of
interest for the year is less than one rupees
c) In case death of the depositor interest in the account will be allowed till the end of
the month preceding the month in which sanction for withdrawal of balance is
issued by competent postal authority
d) All the above

1 Answer

Answer :

d) All the above

Related questions

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) 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

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

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 amount is not withdrawn, the excess amount will carry the normal saving bank interest d) All the above

Last Answer : d) All the above

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 : 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

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

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

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

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

Last Answer : d) 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 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 : 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

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

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

Description : Mark the correct option a) Non-attendance in obedience to an order from public servant shall be punished  with simple imprisonment for a term which may extend to one month, or with fine  which may extend to five hundred ... to 3 year or with fine or both c) Both the A and B d) Neither A nor B

Last Answer : c) Both the A and B

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

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

Description : Mark the correct option relating to competent authority means:- a) The president or the governor in case of constituted by or under the constitution b) Speaker in case of house of people c) The chief justice ... of a high court d) Chief justice of India in case of supreme court e) All the above

Last Answer : e) All the above

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 : Mark the correct option relating to how are the postal income and postal cost of any office calculated in all office rural/urban area. a) 24% of MO commission on MO issued by the office b) 38 % of the MO ... 2/5 of the amount of commission realized on IPO sold & 2/5 of IPO paid d) All the above

Last Answer : d) All the above

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 : Mark the correct option a) Preservation period of DG order is three years after the close of the year in which they were issued b) Preservation period of fortnightly reports of superintendent one year after the month to which there relate c) Both the A & B d) None of these

Last Answer : c) Both the A & B

Description : Mark the correct option a) Where the access to information is to be provided in the printed or in any  electronic format, the applicant shall pay such fee as may be prescribed b) No ... . d) Before taking the decision consideration of third party representation is necessary  e) All the above

Last Answer : e) 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 a) In executing a sentence of solitary confinement such confinement shall in no  case exceed fourteen days at a time. b) When the imprisonment awarded shall exceed three moth the ... imprisonment awarded. c) Both a and b are correct d) Neither a nor b or correct

Last Answer : c) Both a and b are correct

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 : The reduction in the amount on account of commutation shall become operative within -- ------- months after issue of letter by the competent authority a. Five b. Two c. Three

Last Answer : c. Three

Description : Whoever absconds in order to avoid being served with a summons, notice or order  proceeding from any public servant legally competent shall be punished with  a) Imprisonment for a term which may be extend 1 ... with fine which may  be extend to five hundred rupees or with both d) None of these

Last Answer : a) Imprisonment for a term which may be extend 1 month or with fine which may  be extend to five hundred rupees or with both

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 : 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

Last Answer : d) All the above

Description : Any person prefer an appeal to National commission shall be deposited amount in  prescribed manner a) Fifty percent of that amount b) Twenty five thousand rupees c) Thirty five thousand rupees d) Whichever is less of the above A&C

Last Answer : d) Whichever is less of the above A&C

Description : Any person prefer an appeal to state commission shall be deposited amount in  prescribed manner a) Fifty percent of that amount b) Twenty five thousand rupees c) Whichever is less of the above A&Bd) None of these 

Last Answer : c) Whichever is less of the above A&B

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

Description : Mark the incorrect option a) The police officer who is not a pensioner may not be employed as an ED agent without the previous sanction of the DG b) Disabled ex-servicemen who are in receipt of ... holding an elective office shall be considered for the post of an ED agent. d) None of these

Last Answer : d) None of these

Description : Whoever, being an officer of the PO fraudulently puts any wrong official mark on a postal article or fraudulently alters, removes or causes to disappear an official mark which is on a postal article a) ... which may extend to two years, and shall also be punishable with fine d) None of these

Last Answer : c) Punishable with imprisonment for a term which may extend to two years, and shall also be punishable with fine

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 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

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