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

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
by

1 Answer

Answer :

b) In the death of the depositor nominee can be continued the account
by

Related questions

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

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 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

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

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 the guardian of the minor for the use of minor. d) Where the deposit is payable to two or more nominees and either or any of them is dead, the deposit shall be paid to the surviving nominees or nominees. e) All the above

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

Last Answer : e) All the above

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) 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

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

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

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 officed) 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

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 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) If certificate is encashed after expiry of one year SB interest will be applicable c) Both A &B d) None of these

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

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 Ans:d 97. Mark the correct option

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

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 year in shape of cash and credited into UCR c) Condone default is called to the defaulted deposit d) All the above

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

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

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/

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 deposit or more as per prescribed and default will be recovered if a depositor fails to deposit his/her monthly deposit up to last working day of a calendar month, 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

Last Answer : d) All the above

Mark the correct option. In a PPF account opened on 1.2.2011: a) 1st loan can be taken on 1.4.2012 b) Loan as on 1.4.2012 shall be admissible limited to 25% balance as on 31.3.11 c) The first withdrawal shall be permissible on 01.02.2015 d) Subscriber can take second loan on 1.4.2013 without repaying earlier loan

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

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 the account end of the second year preceding the year in which the loan is applied for. c) The loan is repayable either in lump sum or in convenient installments of not more than 36. 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

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 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 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 rupees, or with both b) Non appearance in response to a proclamation under section 82 shall be punished with imprisonment for a term which may extend to 3 year or with fine or bothc) Both the A and Bd) Neither A nor B

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

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 the correct option a) All statements which the court permits or requires to be made before it by witnesses, in relation to matters of fact under inquiry such statements are called oral evidence b) All documents including electronic records produced for the inspection of the court called as documentary evidence c) Both the A and B are correct d) Neither A nor B are correct.

Description : Mark the correct option a) All statements which the court permits or requires to be made before it by  witnesses, in relation to matters of fact under inquiry such statements are called  oral evidence b) ... documentary evidence c) Both the A and B are correct d) Neither A nor B are correct.

Last Answer : c) Both the A and B are correct

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 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 refunded and other conditions fulfill 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 c) Second loan is permissible in the same financial year if first loan taken in the year has been refunded alongwith interest thereon and other conditions fulfill d) None of the above is correct

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

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 the rate of interest admissible on PPF subscription c) Second withdrawal can be taken after refund of 1st withdrawal with interest thereon d) The amount of withdrawals in a PPF Account is not repayable

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

Mark the incorrect option a) No further transaction will be allowed in silent account b) The silent account cannot be revived should be closed c) The silent account can be revived by transaction and submitting an application. d) None of these

Description : Mark the incorrect option a) No further transaction will be allowed in silent account b) The silent account cannot be revived should be closed c) The silent account can be revived by transaction and submitting an application. d) None of these

Last Answer : b) The silent account cannot be revived should be closed

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

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

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 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

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

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

Mark the incorrect option a) The articles of stock such as plant and machinery, furniture and fixture are classed as “Dead stock” b) Consumable and perishable articles come under the term “Stores” c) Both the A and B d) None of these

Description : Mark the incorrect option a) The articles of stock such as plant and machinery, furniture and fixture are classed as “Dead stock” b) Consumable and perishable articles come under the term “Stores” c) Both the A and B d) None of these

Last Answer : d) None of these

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

How many persons can be nominated by the depositor of a savings account? a) Only one persons b) Two persons only c) Any number of person d) None of these

Description : How many persons can be nominated by the depositor of a savings account? a) Only one persons b) Two persons only c) Any number of person d) None of these

Last Answer : c) Any number of person

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 nationalized banks. c) The account can be transferred 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) 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

Last Answer : d) All the above

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 subsequent deposit can be made in workers wage account d) No amount is required for opening worker wage accounts e) 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

Last Answer : e) All the above

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

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

Mark the incorrect option relating to the knowledge and experience of the CIC/IC a) Law, science and technology b) Social service & management c) Journalism , mass media d) Cinema and Politics

Description : Mark the incorrect option relating to the knowledge and experience of the CIC/IC a) Law, science and technology b) Social service & management c) Journalism , mass media d) Cinema and Politics

Last Answer : d) Cinema and Politics 

Mark the incorrect option a) An Inspector must posses a practical knowledge of post office work, and with all departmental forms so as to be qualified to instruct his subordinates in their duties, especially when any new class of business is undertaken by the Department. b) He must also be qualified to take charge of a head office or important sub-office in any sudden emergency c) An inspector must be having knowledge of Technology and management. d) None of these

Description : Mark the incorrect option a) An Inspector must posses a practical knowledge of post office work, and with all departmental forms so as to be qualified to instruct his subordinates in their duties ... emergency c) An inspector must be having knowledge of Technology and management. d) None of these

Last Answer : c) An inspector must be having knowledge of Technology and management.

Mark incorrect option related to international reply coupons a) Not more than 10 International reply coupon or 30 commonwealth reply coupon will be sold to any one individual at any time. b) The coupons can be exchanged in any country which is a member of the UPU c) Reply coupons are intended to enable senders to prepay for a reply. d) Reply coupons are free of cost

Description : Mark incorrect option related to international reply coupons a) Not more than 10 International reply coupon or 30 commonwealth reply coupon will be sold to any one individual at any time. b) The coupons can ... are intended to enable senders to prepay for a reply. d) Reply coupons are free of cost

Last Answer : d) Reply coupons are free of cost

Mark incorrect option related to Postcard a) Should not be folded, cut or altered and should be sent unenclosed b) Breach the conditions may be treated as letter and postage will be taxed accordingly c) Unpaid and insufficiently paid postcards are forwarded taxed with double the deficiency. d) The amount recovered from sender after the delivery.

Description : Mark incorrect option related to Postcard a) Should not be folded, cut or altered and should be sent unenclosed b) Breach the conditions may be treated as letter and postage will be taxed ... forwarded taxed with double the deficiency. d) The amount recovered from sender after the delivery.

Last Answer : d) The amount recovered from sender after the delivery.

Mark the incorrect option: (A) The special registration envelopes provided by the Post Office cannot be used for the transmission of unregistered article (B) Reuse of a stamp that has already been used for payment of postage or postal fee is an offence under the Indian Penal Code (C) Manufacture and use of fictitious postage stamps for any purpose whatsoever is an offence under Indian Penal Code (D) Postage stamps which have been cut and separated from embossed envelopes or postcards can be used in payment of postage

Description : Mark the incorrect option: (A) The special registration envelopes provided by the Post Office cannot be used for the transmission of unregistered article (B) Reuse of a stamp that has already ... have been cut and separated from embossed envelopes or postcards can be used in payment of postage

Last Answer : (D) Postage stamps which have been cut and separated from embossed envelopes or postcards can be used in payment of postage

Mark incorrect option a) Complaint and enquiries relating to foreign mail the postage stamp equivalent to the fee prescribed is charged b) The sender of foreign article should be written ‘RENVOI PAR AVION’(return by air mail) for get back the acknowledge ment c) Parcel shall not contain more than one written communication but this rule shall not apply to an official parcel.d) All the above are correct

Description : Mark incorrect option a) Complaint and enquiries relating to foreign mail the postage stamp equivalent to the fee prescribed is charged b) The sender of foreign article should be written RENVOI PAR AVION'( ... but this rule shall not apply to an official parcel. d) All the above are correct

Last Answer : d) All the above are correct

Mark incorrect correct option a) Trial card used for the purpose of determining the relative advantage of alternative mail routes or the cause of detention to articles b) Trial cards are red colour c) Trial card should not be included in any station bundle d) All of these

Description : Mark incorrect correct option a) Trial card used for the purpose of determining the relative advantage of alternative mail routes or the cause of detention to articles b) Trial cards are red colour c) Trial card should not be included in any station bundle d) All of these

Last Answer : d) All of these

Mark incorrect option a) RO is a stationary office of the RMS where work paper of the sections attached to it are prepared, checked and placed on record, all forms & bagsb) HRO is stationary office situated at the HQ of RMS Dnc) SRO is situated at the same station as a Mail office.d) None of these.

Description : Mark incorrect option a) RO is a stationary office of the RMS where work paper of the sections attached to it are prepared, checked and placed on record, all forms & bags. b) HRO is stationary office situated ... of RMS Dn c) SRO is situated at the same station as a Mail office. d) None of these

Last Answer : d) None of these

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.