In the following cases transfer is permissible even before the expiry of one year 

from the date of issue of the certificate

a) To a near relative out of natural love and affection

b) In the name of the heir of a deceased holder on the admission of his claim

c) Transfer in the name of the survivor in the event of the death of one of the joint 

holders

d) All the above

1 Answer

Answer :

d) All the above

Related questions

Description : The NSC (VIII) can be transferred from one person to another person before expiry  of one year  a) To near relative out of natural love and affection b) In the name of the heir or a deceased holder on ... to a court of law or any other person under the order of court of law d) All the above

Last Answer : 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

Description : A certificate may be transferred from one person to another after the expiry of ____  year from the date of issue of the certificate on the holder making an application in the  prescribed form___ a) 1 year, NC 12 b) 2 year, NC 34 c) 1 year,NC 32 d) 1 year, NC 34

Last Answer : d) 1 year, NC 34

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 : Policy in which amount of claim is Payable either at the time of death of a policy holder or at the expiry of the policy whichever is earlier. a. Endowment Policy b. Term Policy c. Joint Life Policy d. Whole life Policy

Last Answer : a. Endowment Policy

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 :   A person who in law represents the estate of a deceased person, and includes any  person who intermeddles with the estate of the deceased and where a party sues or is  sued in a representative character the ...  (a) Legal Heir (b) Next friend (c) Legal representative (d) None of the above

Last Answer : (c) Legal representative

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 : A claim to value of a certificate standing in the name of a deceased holde may be  made on the basis of a) Nomination b) Legal evidence c) Without production of legal evidence d) All the above

Last Answer : d) All the above

Description : If a person dies and is at time of death the holder of a saving certificate and there is no nomination in force _____should be produced within 3 month for payment a) Death and probate of his will ... certificate granted under the Indian succession act 1925, d) Any one of the above e) None of these

Last Answer : d) Any one of the above

Description : If a MO is lost after payment a) Duplicate MO will be prepared by office of issue b) Duplicate mo will be prepared by office of payment c) Certificate of payment will be prepared by office of payment ... of payment will get the signature of the payee in the memo and forward it to the Audit Office.

Last Answer : d) Memo of admission of payment will be prepared by office of issue and on receipt, the office of payment will get the signature of the payee in the memo and forward it to the Audit Office.

Description : Article addressed to deceased person a) Delivery such articles to any near relative of the deceased who may have applied for them in case uninsured article. b) Delivery such articles to any near relative ... applied for them in case no counter -claimant or likelihood of dispute. d) All the above

Last Answer : d) All the above

Description : Premature encashment of NSC (VIII) will be made a) In case of death of the holder or any of the holder in case of joint account b) On forfeiture by pledgee being Gazetted Government Officer. c) When ordered by a court of law d) Both A, B and C

Last Answer : d) Both A, B and C

Description : (i) Transfer of shares is compulsory to transfer of shares to the legal heir of the deceased member.

Last Answer : Correct the underlined word and rewrite the following sentences. (i) Transfer of shares is ... profit given to its shareholder is called Interest.

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 : Void MO can be paid to the remitter or payee if application is made before expiry of a) 6 Month from issue of original MO b) 12 Month from issue of original MO c) Month from issue of original MO d) None of these

Last Answer : b) 12 Month from issue of original MO

Description : The holder of certificate may at any time on his making an application in Form NC- 41 pledge the certificate to a) The president of India b) The governor of the state c) The reserve bank of india d) All the above

Last Answer : d) All the above

Description : The claim of payment of any arrears due in respect of a deceased pensioner should be within ------------- a. One month b. Six Month c. One Year

Last Answer : b. Six Month

Description : When a certificate is unclaimed or remains undelivered at a H.O. or S.O. for any  reason and all efforts to deliver the same to the holders have failed, the same will be sent  by the _____ for ... HO, Postal account office b) SO, Postal account office c) HO, Circle stamp depot d) None of these

Last Answer : a) HO, Postal account office

Description : When will issue memo of Admission of Payment ? a) Warrant of payment is lost before its submission b) The amount of withdrawal more than 50000/- c) Both the A and B d) None of these

Last Answer : a) Warrant of payment is lost before its submission

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 : The holder (an adult and not a minor) of a certificate who desire to make a  nomination will apply in a) NC 36 b) NC 51 c) NC 10 d) NC 41

Last Answer : b) NC 51

Description : The holder (an adult and not a minor) of a certificate who desire to make a  nomination will apply in a) NC 36 b) NC 51 c) NC 10 d) NC 41

Last Answer : b) NC 51

Description : An appeal filed before the State commission or the national commission shall be  heard as expeditiously as possible and an endeavour shall be made to finally dispose of  the appeal within the period of a) ... 30 days from the date of admission d) 90 days from the date of admission the complaint

Last Answer : a) 90 days from the date of admission

Description : Premature encashment of NSC(VIII) issue  a) After 2 years from the purchase of certificate b) After 3 years from the purchase of the certificate c) Premature encashment can not be made before completion of 6 year d) None of these

Last Answer : c) Premature encashment can not be made before completion of 6 year

Description : This bears the registration number, date of issuance with an expiry date, due for periodic renewal, duly signed by the Chairperson of the PRC and issued by the PRC to a ... Certificate of registration b. Certificate of accreditation c. Professional identification card d. Professional tax receipt

Last Answer : Professional identification card

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

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

Description : What is the age criteria for joint holder (spouse) in case of joint SCSS account a) Joint holder also to attain 60 years b) No age criteria for join holder c) Should be attain 55 years d) All the above

Last Answer : b) No age criteria for join holder

Description : If a certificate is spoilt before issue a) Retuned to Circle Stamp depot duly attached to the monthly journal of certificates  issued b) Retuned to Circle offece depot duly attached to the ... Postal Accounts Office duly  attached to the monthly journal of certificates issued d) None of these

Last Answer : c) The Postmaster will write the word "spoiled" in red ink on the certificate and affix  the oblong M.O. Stamp and send the same to the Postal Accounts Office duly  attached to the monthly journal of certificates issued

Description : The king dies and two men, the true heir and an impostor, both claim to be his long-lost son. Both fit the description of the rightful heir: about the right age, height, coloring and general ... the one who re-fused is correctly identified as the rightful heir. Can you figure out why? -Riddles

Last Answer : The test was a blood test. The elder remembered that the true prince was a hemophiliac.

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

Last Answer : d) All the above

Description : The following records may not be destroyed without the special permission of the Head of the Circle a) Post office order book b) Register of undeliverable pass books in deposit in the head office c) ... or connected with the cases which have not been fully decided or closed e) All the above

Last Answer : e) 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

Description : The IPO presented after the expiry period of currency, but before the time for forfeiture a) Cannot be paid b) Can be paid on authority from the audit c) Can be paid on payment of second commission by means of postage stamps d) None of these

Last Answer : c) Can be paid on payment of second commission by means of postage stamps

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)

Description : An account bag from the SO to HO contain a) The SO daily A/c, MO issue journal, MO paid list. b) List of SB transactions/List of SB documents c) Memo of IPO, Certificate, issued and discharged d) A rolls, daily list of PLI premia collected and paid e) All the above

Last Answer : e) All the above

Description : When an IPO is lost after payment. a) An application should be made through the Supdt. of post office to the Head of the circle asking for permission to issue a certificate of payment b) The application ... number and the denomination of the missing order c) Both the A and B d) None of these

Last Answer : c) Both the A and B

Description : In case of death of a consumer who can prefer compliant under Section 2(1)(b) of Consumer Protection Act 1986 A. his legal heir or representative B. State Government C. consumer association registered under the Companies Act, 1956 D. No one can prefer complaint

Last Answer : A. his legal heir or representative

Description : When MOs are paid to departmental pensioner, a life certificate should be signed on the back of the acknowledgement portion of the MO form by a) Near relatives of the pensioner b) A gazetted officer c) Postman d) MO clerk

Last Answer : c) Postman

Description : The NSC (VIII) can be transferred from one person to another person a) After expiry of the one year b) After expiry of 2 year c) At any time d) Cannot be transferred

Last Answer : a) After expiry of the one year

Description : A is accused of the murder of B. At his trial the following facts may be in issue- a) That A caused B’s deaths b) That A intended to cause B’s death c) That A had received grave and sudden provocation from B d) All the above

Last Answer : d) All the above