Description : MIS account in multiple of Rs. 1500/- can be made instead of Rs. 1000/- MIS and the maximum limit of investment in a single account has been raised from Rs. 3 lakh to Rs. 4.5 lakh and in joint account opened by two ... to Rs. 9 Lakh. Wef a) 01.8.2007 b) 12.5.2008 c) 30.08.2009 d) None of these
Last Answer : a) 01.8.2007
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 amount is not withdrawn, the excess amount will carry the normal saving bank interest d) All the above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 : What is the maximum balance may be deposited to Single/ Joint account a) 1 lac/2 lac b) 2lac/3 lac c) No maximum limit d) None of these
Last Answer : c) No maximum limit
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 : 5% bonus on initial deposit of MIS account allowed an account opened between a) 08 Dec 2007 to 30 Nov 2011 b) 13 Feb 2006 to 30 Nov 2011 c) Before 13 Feb 2006 d) None of these
Last Answer : a) 08 Dec 2007 to 30 Nov 2011
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 : 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
Description : Minimum limit in opening of MIS account a) Rs 1000/- and in multiple of Rs 1000/- b) Rs 1500/- and in multiple of Rs 1500/- c) Rs 1250/- and in multiple of Rs 1250/- d) None of these
Last Answer : b) Rs 1500/- and in multiple of Rs 1500/
Description : What is the minimum and maximum limit to deposit in PPF account? a) 500 and 5000 b) 500 and 70000 c) 1000 and 100000 d) 500 and 100000
Last Answer : d) 500 and 100000
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
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 : Minimum limit for deposit in TD Account a) 200/- and multiple 200/- b) 100/- and multiple 100/- c) 200/- and multiple 100/- d) None of these
Last Answer : a) 200/- and multiple 200/
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 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) 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) 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
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) 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 : 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 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.
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
Description : Mark the incorrect option a) Single account can be converted into Joint and Vice versa b) Minor after attaining majority has to apply for conversion of the account in his name c) If minor attaining majority the account can be closed by guardian d) None of these
Last Answer : c) If minor attaining majority the account can be closed by guardian
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 : 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 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 : 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 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 : 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
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) 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 : 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 : If the account opened with initial deposit exceeding Rs 50000/- _____ is mandatory a) Pan Card photocopy b) Declaration in form 60/61 c) Both the above d) Either A or B
Last Answer : d) Either A or B
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 : In PO when duties of Pas are combined, the combination permissible is a) Money order & Treasury b) Sub account & mail c) Delivery and Deposit d) Delivery and mail
Last Answer : a) And brought in to a separate head at the PO
Description : Security deposit account should be maintained in form a) ACG 43 b) ACG 38 c) ACG 54 d) ACG 48
Last Answer : a) ACG 43
Description : The system administrator in CRC a) He will be responsible for the maintenance and security in the functioning of the system by keeping secrecy of his own password and also ensuring proper maintenance ... and periodical Back-up/Restore of data and cleaning up of records. d) All the above
Description : The station and territorial bundles received for onward transmission a) Should be placed unopened in the bags in which there are to be forwarded b) To be opened and removed mis send article and give onward submission c) To be opened and contents given to the detailed table sorting d) None of these
Last Answer : a) Should be placed unopened in the bags in which there are to be forwarded
Description : legal responsibility of post office is exempted from a) Any fault by induvidual b) Loss, mis delivery or delay of , or damage to, any postal article in course of transmission by post c) wrong ... or delay in payment by foreign postal administration of money order issued in India. d) All the above
Description : An article which has been erroneously forwarded by an office to an office other than the office of destination and an article is a vernacular article on which the incorrect destination are a) Mis-sent & mis directed article b) Too late letter c) Late letters d) Non of the above
Last Answer : a) Mis-sent & mis directed article
Description : UR articles addressed to C/o PM can be kept in deposit for a maximum period of a) 7 days b) 30 day c) 15 day d) None of these
Last Answer : b) 30 day
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
Description : Fee for filing complaints before state commission above 50 lac and up to 1 crore is a) 5000 rupees b) 2500 rupees c) 4000 rupees d) 2000 rupees
Last Answer : c) 4000 rupees
Description : Fee for filing complaints before state commission above 20 lac and up to 50 lac is a) 5000 rupees b) 2500 rupees c) 4000 rupees d) 2000 rupees
Last Answer : d) 2000 rupees
Description : Fee for filing complaints before district forum above ten lac and up to twenty lac is a) 500 rupees b) 250 rupees c) 400 rupees d) 1000 rupees
Last Answer : a) 500 rupees
Description : Fee for filing complaints before district forum above five lac and up to ten lac is a) 200 rupees b) 250 rupees c) 400 rupees d) No fee
Last Answer : c) 400 rupees
Description : Fee for filing complaints before district forum above one lac and up to five lac is a) 200 rupees b) 250 rupees c) 100 rupees d) No fee
Last Answer : a) 200 rupees
Description : Jurisdiction of State commission is a) Complaint where the value of the goods or services and compensation, if any claimed exceeds Rs 20 Lac b) Complaint where the value of the goods or services and compensation ... , if any claimed exceeds Rs 20 Lac but does not exceed one crore e) C& D only
Last Answer : e) C& D only
Description : Jurisdiction of district for is rupees a) Exceed twenty lac b) exceed 50 lac c) Up to twenty lac d) twenty to fifty lac
Last Answer : c) Up to twenty lac
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 : Mark the correct option a) In RPLI policies with non standard proof or age is Rs 1 lac b) The 5% extra premium on non standard proof of age policies c) In non standard proof or age policies the age of the insurant should not be exceed 45 years d) All the above