Description : A minimum yearly deposit of ________ is required to open and maintain a PPF account, and a maximum deposit of _____. A. Rs. 500 and Rs 1.50 lakhs B. Rs. 1000 and Rs 2.50 lakhs C. Rs. 2000 and Rs 3.50 lakhs D. Rs. 5000 and Rs 4.50 lakhs
Last Answer : A. Rs. 500 and Rs 1.50 lakhs Explanation: A minimum yearly deposit of Rs. 500 is required to open and maintain a PPF account, and a maximum deposit of Rs.1.5 lakhs (as on Financial year 2015- ... Income Tax Act. The amount can be deposited in lump sum or in a maximum of 12 instalments per year.
Description : The limit adopted in India for booking air insured letter is a) 20000 b) 5000 c) 10000 d) 100000
Last Answer : c) 10000
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 : Limit of VP and ins article for delivery at addressee place is a) 100, 500 b) 500,1000 c) 1000,5000 d) No limit
Last Answer : a) 100, 500
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
Last Answer : d) All the above
Description : What is the minimum limit in reinvestment deposits? A. 100 B. 500 C. 1000 D. 5000
Last Answer : C. 1000 Explanation: E. None of the Above The minimum deposit amount is Rs. 1,000/-. Initially deposits should be made only in multiples of Rs. 100/-. Renewals can be made in any amount.
Description : Security deposit of free post is a) 1000/- b) 5000/- c) 10000/- d) No charge
Last Answer : c) 10000/
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) 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 : What is the maximum limit of deposit in MIS account in single and joint? a) 1.5 lac and 3 lack b) 3 lac and 4.5 lack c) 4.5 lac and 9 lac d) 6 lac and 9 lac
Last Answer : c) 4.5 lac and 9 lac
Description : What is the minimum initial deposit required for opening a Basic Savings Bank Deposit Account(BSBDA)? A. 500 B. 1000 C. 100 D. No initial deposit
Last Answer : D. No initial deposit Explanation: There is no requirement for any initial deposit for opening a BSBDA.
Description : The value of a single VPMO should not exceed Rs a) 500/- b) 2000/- c) 5000/- d) No limit
Last Answer : c) 5000/
Description : Limit of insured articles that can be entrusted to a postman for deliver in his beat is a) Up to Rs 250/- b) Up to Rs 600/- c) Up to Rs 500/- d) Up to Rs 5000/
Last Answer : c) Up to Rs 500/
Description : Ordinarily cash in excess of Rs __________ should be enclosed in a cash bag a) 500 b) 1000 c) 5000 d) 250
Last Answer : d) 250
Description : Leather cash bag should be used when the amount of currency notes exceeds Rs a) 5000 b) 10000 c) 500 d) 1000
Last Answer : c) 500
Description : The divisional supdt may sanction may sanction up to Rs 500/- reimbursement of cell phones charges up to _______for those who under take any activity that facilitate marketing of product/service of the dept. a) 4000/- b) 5000/- c) 1000/- d) 12000/
Last Answer : a) 4000/
Description : News paper which post large number of copies can post their paper without affixing post stamps which are published more than_____copies a) 1000 b) 2000 c) 500 d) 5000
Description : Min copies and max size to be accepted in direct post is a) 5000 & A4 Size b) 1000 & A3 size c) 500 & Postcard size d) None of these
Last Answer : b) 1000 & A3 size
Description : Application fee for free Post is a) 100/- b) 500/- c) 1000/- d) 5000/
Last Answer : c) 1000/
Description : Prepayment of postage on cash facility is authorized by and how much letter may be posted to have these facility. a) HOC, UR-500 big city and 250 small city, Reg -50 b) DG post, UR-1000 big city and 500 ... -100 c) Head of the division UR-5000 big city and 1000 small city, Reg -500 d) None of these
Last Answer : a) HOC, UR-500 big city and 250 small city, Reg -50
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 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/
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/
Description : Minimum number of articles to be submitted at a time for NBMS would be a) 1000 b) 5000 c) 10000 d) None of these
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 : 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/
Description : The max PLI policy limit for a physically handicapped persons is a) 300000/- b) 500000/- c) 100000/- d) None of these
Last Answer : c) 100000/
Description : The max limit of RPLI is a) 500000/- b) 300000/- c) 1000000/- d) 100000/
Last Answer : b) 300000/
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 : Minimum value of transaction for e-SBTR should be _______ A. Rs.1000 B. Rs.2000 C. Rs.3000 D. Rs.5000 E. No limit
Last Answer : D. Rs.5000 Explanation: Minimum value of transaction for e-SBTR should be Rs.5,000.
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 depositor shall be pay Rs _____ to transfer of PPF account one PO to another PO or SBI bank a) Rs 10/- b) Rs 50/- c) Rs 1/- d) Free
Last Answer : d) Free
Description : Mark the correct option relating to withdrawal on PPF account a) The first withdrawal can be made at any time after expiry of 5 years from the end of the year in which the initial subscription was made ... be made in one financial year . The amount of withdrawal is not repayable. d) All the above
Description : If the original passbook of depositor of PPF account is lost or mutilated or damaged, He/she should be required pay Rs _____ a) 10/- b) 20/- c) 1/- d) Free
Last Answer : c) 1/
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. 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
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 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
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 : 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 : 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
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 : 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
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 : PPF account can be opened by a) An individual adult can on his own name b) An individual on behalf of minor c) Both the A & B d) None of these
Last Answer : c) Both the 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
Description : Maximum value of transaction for e-SBTR should be _________ A. Rs.1000 B. Rs.2000 C. Rs.3000 D. Rs.5000 E. No limit
Last Answer : E. No limit Explanation: There is no maximum limit.
Description : The minimum limit fixed for posting Regd. News paper without prepayment at a time for foreign destination is a) 500 b) 200 c) 100 d) 100
Last Answer : d) 100
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 : What is the max limit of value of money order which may issued for payment by a Postman and Gp D in urban area, , village postman ED agent a) 12000,5000,5000 b) 5000,8000,10000 b) 15000,10000,50000 d) None of these
Last Answer : a) 12000,5000,5000 b) 5000,8000,10000 b) 15000,10000,50000