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 : 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 : 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 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 : The maturity value on Rs 10 denomination of RD account opened on or after 01 Dec 2011 and up to 31 Mar 12 and 01 Apr 12 is(Interest @8.4%) a) 728.29 b) 738.62, 747 c) 738.51 d) 738.10
Last Answer : b) 738.62, 747
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 : 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
Description : Post maturity interest shall be allowed up to ____ a) 2 years from the date of maturity b) 1 years from the date of maturity c) 3 years from the date of maturity d) Not allowed
Last Answer : d) Not allowed
Description : The PPF account can be extended after maturity up to a) Further block five year. b) Further two years c) Cannot be extended d) None of these Ans:a
Last Answer : a) Further block five year.
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
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
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 : In the event of policy holder committing suicide a) The full maturity benefit will be paid b) No claim will be entertained in suicide cases c) Within two year from the date of policy, the policy ... treated as void and no claim will be entertained d) The premium will be returned a/w SB interest
Last Answer : c) Within two year from the date of policy, the policy will be treated as void and no claim will be entertained
Description : The rate of interest in RD account opened before 01 Dec 11 and on or after 01 Dec 2011 and up to 31 Mar 12 is a) 6.5%, 7% b) 7.5%, 8% c) 8%, 8.5% d) 8%, 8.2%
Last Answer : b) 7.5%, 8%
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
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 : 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 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 : 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
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) 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 : Maturity period will be ____in case the NSC purchased on or after 01 Dec 2011 a) 4 Years b) 5 Years c) 6 Years d) 10 Years
Last Answer : b) 5 Years
Description : The unclaimed certificates lying in the custody of the Postal Accounts Office are preserved for a period of a) 30 years from the dates of maturity after which these become due for destruction b) ... of maturity after which these become due for destruction b) 10 years from the dates of maturity
Last Answer : a) 30 years from the dates of maturity after which these become due for destruction
Description : The Saving bank act 1873 does not apply to a) 5 Year RD accounts b) TD accounts c) Account opened through agents d) Sanchaya ka accounts
Last Answer : d) Sanchaya ka accounts
Description : Final disposal of undelivered postal articles a) Letters and postcards shall be destroyed b) Money or saleable property, not being of a perishable nature, found in any undelivered postal article, shall be ... property, be sold, the sale-proceeds being credited to the Post Office. e) All the above
Description : A person can open ____ of RD Accounts in one post office a) Only one b) One single and another joint c) Any number d) None of these
Last Answer : c) Any number
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 : The SCSS account transferred one Post office to another post office a) Rs 5/- per lac will be charged where the deposit is Rs 1 lac and above b) Rs 10/- per lac will be charged where the deposit is Rs 1 ... No fee will be charged d) Both the A and B( The fee will be paid by cash through pay in slip
Last Answer : d) Both the A and B( The fee will be paid by cash through pay in slip
Description : The decision of competent authority that DO(PLI) procuring effective business to the tune of ____ or more shall no be eligible for automatic extension of tenure for the next ___ year. Such extension will be granted by ... Post c) 25 crores, 1 year, Head of the circle d) 25 cores. 1 years, SSP/SP
Last Answer : c) 25 crores, 1 year, Head of the circle
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 : if a Government servant holds a posts carrying definite rate of pay sanctioned without limit of time Then it may be treated as a. Post under probation period b. Post may be treated as Permanent c. Post may be treated as provisional
Last Answer : b. Post may be treated as Permanent
Description : Mark the correct option. What are the option available to the PPF subscriber on maturity of his PPF account: a) To close the account b) To continue the account with deposits c) To continue the account without deposits d) Either (A), (B) or (C) above
Last Answer : d) Either (A), (B) or (C) 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 : What is the minimum age for opening a single saving account by a minor himself in his name? a) 10 years b) 14 years c) 18 years d) No min age limit
Last Answer : a) 10 years
Description : Whoever fraudulently retains or willfully secretes or makes away with, or keeps or detains, or when required by an officer of the post office, neglects or refuses to deliver up a) Punishable with ... rupees : c) Punishable with fine which may extend to two hundred rupees d) None of these
Last Answer : a) Punishable with imprisonment for a term which may extend to two years, and shall also be punishable with fine
Description : No TDS will be deducted if the amount of interest paid in a financial year does not exceed Rs____ a) 3500/- b) 5000/- c) 1000/- d) 10000/
Last Answer : d) 10000/
Description : Penalty for fraudulently preparing, altering, secreting or destroying Post Office documents a) Punishable with fine which may extend to hundred rupees and 1 month imprisonment b) Punishable with imprisonment for ... c) Punishable with fine which may extend to two hundred rupees d) None of these
Last Answer : b) Punishable with imprisonment for a term which may extend to two years, and shall also be punishable with fine
Description : Whoever, being an officer of the post office, commits theft in respect of or dishonestly misappropriates, or for any purpose whatsoever, secretes, destroys or throws away, any postal article in course of ... which may extend to seven 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 seven years, and shall also be punishable with fine
Description : The complaint shall ordinarily be decided within a) Twenty one days from the date on which the complaint was received b) Thirty days from the date on which the complaint was received c) Forty five days from the date on which the complaint was received d) No time limit
Last Answer : a) Twenty one days from the date on which the complaint was received
Description : Mark the incorrect option relating to Children Policy a) The minimum limit for insurance under this scheme shall be Rs2000/- b) Agency commission not available in this scheme c) No loan shall be applicable to children policies.
Last Answer : c) No loan shall be applicable to children policies.
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 : Preservation period of stack book of post office is a) 20 Years b) 10 Years c) 5 Year s d) 3 Year s
Last Answer : b) 10 Years
Description : Mark correct option related to preservation period a) All records of mail department except due mail & sorting list 1 year b) Book of post marks(MS 18) & Postman book (MS-27) 1 ½ year c) Enumeration returns (MS-6) 2 years d) All monthly statistical registers 3 years e) All of the above
Last Answer : e) All of the above
Description : Mark the correct option a) The WLA policy can be converted into EA after one year b) The EA policy can be altered and value can be reduced after one year of issue and before one year of maturity c) CWL policy cant be converted into EA policy at the end of the 5 year. d) All the above
Description : An officer should not ordinarily be brought back the same division until a) Ten year completion of tenure b) Two year completion of tenure c) The lapse of an interval equalant to the max period as fixed d) No such limit
Last Answer : c) The lapse of an interval equalant to the max period as fixed
Description : An amount of INR 0.50 (50 paise) per article shall be charged for e-IOD service. The charge would be paid in the form of postage/frank etc. For example, for a Bill Mail Service article ... eIoD facility, the postage affixed/franked should be INR 3.50 Above statement is a) True b) False
Last Answer : a) True
Description : Protected saving scheme is admissible in _____ den of RD accounts a) 10 b) 20 c) 50 d) 50
Last Answer : d) 50
Description : A perpetual bond does not have a fixed _________. a) interest rate b) maturity period c) duration d) underlying asset
Last Answer : b) maturity period
Description : Whoever, without due authority, affixes any placard, advertisement, notice, list, document, board or other thing in or on, or paints, tars or in any way disfigures any post office a) Shall be ... or with both. c) Punishable with fine which may extend to two hundred rupees d) None of these
Last Answer : a) Shall be punishable with fine which may extend to fifty rupees.