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

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
by

1 Answer

Answer :

d) All the above
by

Related questions

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) 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 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 age limit a) For WLI & EA policies the insurant should not be less than 19 year an not more than 55 year on the date of next birthday b) For CWLA the upper age limit is 50 year c) The max age limit for 15 and 20 year AEA is 45 and 40 respectively d) Under Ugal suraksha policy age at entry of both the spouses should not be less than 21 year and not more than 45 year. e) All the above

Description : Mark the correct option relating to age limit a) For WLI & EA policies the insurant should not be less than 19 year an not more than 55 year on the date of next birthday b) For CWLA the upper age ... of both the spouses should not be less than 21 year and not more than 45 year. e) All the above

Last Answer : e) 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 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 the account on the same terms and conditions even if the spouse is below the age of 60 year. b) The account cannot be continued should be closed. c) If both spouses opened joint account, the spouse cannot continue account after death of the 1st depositor 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

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

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

Present rate of Senior citizens saving scheme account is____ payable quarterly. a) 10% b) 9.3% c) 8.5 % d) 9.5%

Description : Present rate of Senior citizens saving scheme account is____ payable quarterly. a) 10% b) 9.3% c) 8.5 % d) 9.5%

Last Answer : b) 9.3%

Mark the correct option relating to SO daily account. a) The SO daily account is prepared by the sub postmaster himself b) The sub postmaster is responsible for it correctness c) The SO daily account may be prepared by SB PA d) SB assistant is also responsible for it correctness

Description : Mark the correct option relating to SO daily account. a) The SO daily account is prepared by the sub postmaster himself b) The sub postmaster is responsible for it correctness c) The SO daily account may be prepared by SB PA d) SB assistant is also responsible for it correctness

Last Answer : a) The SO daily account is prepared by the sub postmaster himself

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 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.

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 correct option relating to limit of weigh of mails a) The weight to be carried by mail runner on a man should not exceed 14 Kg b) When it is carried by each man should not exceed 28 Kg c) When it is carried by trolley the weight of the parcel should not exceed 37 Kg d) The weight of postal articles including parcel and cash to be carried by a postman or village postman should not exceed 10 kg e) All the above

Description : Mark correct option relating to limit of weigh of mails a) The weight to be carried by mail runner on a man should not exceed 14 Kg b) When it is carried by each man should not exceed 28 Kg c) ... and cash to be carried by a postman or village postman should not exceed 10 kg e) All the above

Last Answer : e) All the above

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.

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.

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

When will stop the recovery of GPF concerned the official due to retire on superannuation ? a. One month before retirement b. Two month before retirement c. Three month before retirement

Description : When will stop the recovery of GPF concerned the official due to retire on superannuation ? a. One month before retirement b. Two month before retirement c. Three month before retirement

Last Answer : c. Three month before retirement

Mark correct option related to preservation period a) Nominal roll cum attendance & destruction of record register is permanent b) All records of registration and parcel dept except foreign article is 1 year c) All records of registration and parcel dept related fo foreign articles is 1 ½ year d) All records of MO is 1 ½ year, IPO 42 months, Book of MO receipt is 2 years e) All the above

Description : Mark correct option related to preservation period a) Nominal roll cum attendance & destruction of record register is permanent b) All records of registration and parcel dept except foreign article is 1 year c) All records ... 1 ½ year, IPO 42 months, Book of MO receipt is 2 years 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 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 relating ot press sorting office a) Press concerned should provide necessary suitable accommodation for the post office free of rent and give an undertaking in writing that effect. b) Press sorting office may be open after consideration of the HOC/PMG c) The press should bear the charges of additional staff , if any that may be employed for the purpose. d) All the above

Description : Mark the correct option relating ot press sorting office a) Press concerned should provide necessary suitable accommodation for the post office free of rent and give an undertaking in writing that effect. b) Press ... additional staff , if any that may be employed for the purpose. d) All the above

Last Answer : d) All the above

Mark the incorrect option Limit of death claim benefit under non medical scheme is if death occurs within a) 1 year 35%of sum assured a/w accrued bonus b) 2 years 60% of sum assured a/w accrued bonus c) 3 years 90% of sum assured a/w accrued bonus d) 4 years 100 % of sum assured a/w accrued bonus Ans:d ( It is desirable to opt for policy medical scheme to get full benefit)

Description : Mark the incorrect option Limit of death claim benefit under non medical scheme is if death occurs within a) 1 year 35%of sum assured a/w accrued bonus b) 2 years 60% of sum assured a/w accrued bonus ... a/w accrued bonus Ans:d ( It is desirable to opt for policy medical scheme to get full benefit)

Last Answer : d) 4 years 100 % of sum assured a/w accrued bonus Ans:d ( It is desirable to opt for policy medical scheme to get full benefit)

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

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) 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

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

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) 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

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

Last Answer : d) All the above

Mark the correct option relating to Public servant framing an incorrect document with intent to cause injury a) Shall be punished for a term which may extend to 3 years or with fine or both. b) This is cognizable case and bailable c) Both the a & b are correct d) Neither A nor B

Description : Mark the correct option relating to Public servant framing an incorrect document  with intent to cause injury a) Shall be punished for a term which may extend to 3 years or with fine or both. b) This is cognizable case and bailable  c) Both the a & b are correct d) Neither A nor B

Last Answer : c) Both the a & b are correct

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 disability pension and are not disqualified for further service in civil dept may also be considered as ED sub or branch postmaster c) No person holding an elective office shall be considered for the post of an ED agent. d) None of these

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

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

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

Mark the correct option remittances sent by post a) When a remittance is to be sent by post, the money should be placed in Leather cash bag and cash sealed by treasure. b) The remittance advice and acknowledgement dispatch inside of Regd bag. c) When remittances is to be sent in charge of a special carrier, the amount should be made over to the carrier and he should be required to grant a receipt for the same in treasurer cash book. d) All the above

Description : Mark the correct option remittances sent by post a) When a remittance is to be sent by post, the money should be placed in Leather cash bag and cash sealed by treasure. b) The remittance advice and ... he should be required to grant a receipt for the same in treasurer cash book. d) All the above

Last Answer : d) All the above

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 solitary confinement shall not exceed seven day in any one month of the whole imprisonment awarded. c) Both a and b are correct d) Neither a nor b or correct

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

Mark incorrect option relating to when In correct items noticed in a sub office daily account a) Should be communic b) A similar note should be made in the sub office daily account received from SO till the adjustment is carried out.c) The daily account received from a SO should be returned for rectification of errorsd) None of these

Description : Mark incorrect option relating to when In correct items noticed in a sub office daily account a) Should be communic b) A similar note should be made in the sub office daily account received ... The daily account received from a SO should be returned for rectification of errors d) None of these

Last Answer : c) The daily account received from a SO should be returned for rectification of errors

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 commission on MO paid by the office c) 2/5 of the amount of commission realized on IPO sold & 2/5 of IPO paid d) 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

Mark the correct option relating to the loan on PLI policy (EA) e) Exceeding 3 years but not exceeding 5 years 60% f) Exceeding 5 years but not exceeding 10 years 80% g) Exceeding 10 years 90% h) All the above

Description : Mark the correct option relating to the loan on PLI policy (EA) e) Exceeding 3 years but not exceeding 5 years 60% f) Exceeding 5 years but not exceeding 10 years 80% g) Exceeding 10 years 90% h) All the above

Last Answer : h) 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 relating to the loan on PLI policy (WLA) a) Exceeding 4 years but not exceeding 7 years 60% b) Exceeding 7 years but not exceeding 12 years 80% c) Exceeding 12 years 90% d) All the above

Description : Mark the correct option relating to the loan on PLI policy (WLA) a) Exceeding 4 years but not exceeding 7 years 60% b) Exceeding 7 years but not exceeding 12 years 80% c) Exceeding 12 years 90% d) All the above

Last Answer : d) All the above

Mark the correct option related to submission of robbery report to DG Posts a) Case of highway robbery of mail involving loss of cash/valuables above Rs 50000 b) The attacks on offices by dacoits causing injury to the staff/losses over Rs50000 c) Cases of loss of damage to or tampering with ins article which the amount of compensation payable exceed Rs 10000 d) Cases of fraud and loss or misappropriation of public money exceeds Rs 50000 e) All the above

Description : Mark the correct option related to submission of robbery report to DG Posts a) Case of highway robbery of mail involving loss of cash/valuables above Rs 50000 b) The attacks on offices by dacoits ... ) Cases of fraud and loss or misappropriation of public money exceeds Rs 50000 e) All the above

Last Answer : e) All the above

Mark correct option a) When the airmail bag contain less than 50 articles and there is no insured article or air parcel an airmail cover of suitable size should be used instead of a bag b) When an air parcel is sent inside of airmail bag the label should bear “CAP” c) The weight of airmail bag or TB should not exceed 30 KG weight. d) Separate ins letter bag closed when more than 10 ins article for any office. e) All the above

Description : Mark correct option a) When the airmail bag contain less than 50 articles and there is no insured article or air parcel an airmail cover of suitable size should be used instead of a bag b) When an ... d) Separate ins letter bag closed when more than 10 ins article for any office. e) All the above

Last Answer : e) All the above