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

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
by

1 Answer

Answer :

d) All the above
by

Related questions

Mark the correct option a) Nomination cannot be made in case NSC purchased on behalf of minor. b) No fee will be charged for registration, cancellation or change in the nomination c) Tax rebate u/s 80-C will be available in NSC d) All the above

Description : Mark the correct option a) Nomination cannot be made in case NSC purchased on behalf of minor. b) No fee will be charged for registration, cancellation or change in the nomination c) Tax rebate u/s 80-C will be available in NSC d) All the above

Last Answer : d) All the above

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 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 c) If this amount is not withdrawn, the excess amount will carry the normal saving bank interest d) All the above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 amount is not withdrawn, the excess amount will carry the normal saving bank interest d) All the above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

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 the admission c) From a holder to a court of law or any other person under the order of court of law d) All the above

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

The NSC (VIII) may be transferred from one person to another person using the form a) NC 32 b) NC 34 c) NC 61 d) NC 28

Description : The NSC (VIII) may be transferred from one person to another person using the  form  a) NC 32 b) NC 34 c) NC 61 d) NC 28

Last Answer : a) NC 32

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

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

The NSC (VIII) may be transferred from one person to another person using the form a) NC 32 b) NC 34 c) NC 61 d) NC 28

Description : The NSC (VIII) may be transferred from one person to another person using the  form  a) NC 32 b) NC 34 c) NC 61 d) NC 28

Last Answer : b) NC 34

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

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

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

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

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) 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) 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 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 Insurance fee is a) The Value of insurance not exceeding Rs 200/- is Rs 10 b) The value above Rs 200/- for every additional Rs 100 is 6/- c) Both the above d) None of the above

Description : Mark the correct option relating to Insurance fee is a) The Value of insurance not exceeding Rs 200/- is Rs 10 b) The value above Rs 200/- for every additional Rs 100 is 6/- c) Both the above d) None of the above

Last Answer : c) Both the above

Mark the correct option a) SDI/ASPDs shall be entitled to an incentive equal to 10% of the commission paid to the agents b) A policy holder of WLA PLI/RPLI shall be eligible for tacking Children policy to his/her child c) Mail overseer should have min 10th standard qualification for doing this job. d) All the above

Description : Mark the correct option a) SDI/ASPDs shall be entitled to an incentive equal to 10% of the commission paid to the agents b) A policy holder of WLA PLI/RPLI shall be eligible for tacking ... child c) Mail overseer should have min 10th standard qualification for doing this job. d) All the above

Last Answer : d) All the above

Commission payable for Postal Orders of Rs 100/- den is a) 3/- b) 5/- c) 10/- d) 2/

Description : Commission payable for Postal Orders of Rs 100/- den is a) 3/- b) 5/- c) 10/- d) 2/

Last Answer : c) 10/

The maturity value on Rs 100 denomination of NSC wef 01 Apr 2012 is a) 161.10 b) 152.90 c) 151.80 d) 152.00

Description : The maturity value on Rs 100 denomination of NSC wef 01 Apr 2012 is a) 161.10 b) 152.90 c) 151.80 d) 152.00

Last Answer : d) 152.00

Mark correct option a) Territorial bundle prepared for foreign when not less than 5 articles b) Bulk bag system is not available for Srilanka, Nepal, Buthan & Pakistan c) Ordinary circumstances the bulk of the correspondence for any office is more a single mailbag than can contain called as plural mail bags d) When extra mail bag(unusual mail) is closed for PO or Mail office the registered bag should be place in the due mail list. e) All of the above

Description : Mark correct option a) Territorial bundle prepared for foreign when not less than 5 articles b) Bulk bag system is not available for Srilanka, Nepal, Buthan & Pakistan c) Ordinary circumstances the bulk of the ... office the registered bag should be place in the due mail list. e) All of the above

Last Answer : e) All of 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 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)

Maturity period will be ____in case the NSC purchased on or after 01 Dec 2011 a) 4 Years b) 5 Years c) 6 Years d) 10 Years

Description : Maturity period will be ____in case the NSC purchased on or after 01 Dec 2011  a) 4 Years b) 5 Years c) 6 Years d) 10 Years

Last Answer : b) 5 Years

Mark the correct option relating to fee for obtain information under RTI act a) Rs 2/- per each page (A4/A3 size paper) created or copied b) Actual charge or cost price of a copy in large size paper c) Actual cost or price for samples or models d) For inspection of records no fee for the first hour and a fee Rs5/- for each subsequent hour e) All the above

Description : Mark the correct option relating to fee for obtain information under RTI act a) Rs 2/- per each page (A4/A3 size paper) created or copied b) Actual charge or cost price of a copy in large size paper ... records no fee for the first hour and a fee Rs5/- for each  subsequent hour  e) All the above

Last Answer : e) 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 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 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 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 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

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

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

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) Interest at 10% per annum is charged on the loan compounded half yearly b) Second loan is not admissible until first loan is cleared. c) Loan are not available on AEA policies d) The risk is covered on the PLI policy by dept only from the date of acceptance of the proposal by the CPMG e) All the above

Description : Mark the correct option a) Interest at 10% per annum is charged on the loan compounded half yearly b) Second loan is not admissible until first loan is cleared. c) Loan are not available on AEA policies ... policy by dept only from the date of acceptance of the proposal by the CPMG e) All the above

Last Answer : e) All the above

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 or three adults; the maximum limit has been raised from Rs. 6 lakh to Rs. 9 Lakh. Wef a) 01.8.2007 b) 12.5.2008 c) 30.08.2009 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

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

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) 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

NSC available in a) 04 denomination b) 5 denomination c) 6 denomination d) 7 denomination

Description : NSC available in a) 04 denomination b) 5 denomination c) 6 denomination d) 7 denomination

Last Answer : b) 5 denomination

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

The highest den of IPO is a) 50 b) 5000 c) 10000 d) 100

Description : The highest den of IPO is a) 50 b) 5000 c) 10000 d) 100

Last Answer : c) 10000

ITC Card den is a) Three b) Two c) Five d) Four Ans:a ( 100/-, 200/-, 500/-, issued by BSNL)

Description : ITC Card den is a) Three b) Two c) Five d) Four Ans:a ( 100/-, 200/-, 500/-, issued by BSNL)

Last Answer : a) Three

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

The value of a single VPMO should not exceed Rs a) 500/- b) 2000/- c) 5000/- d) No limit

Description : The value of a single VPMO should not exceed Rs a) 500/- b) 2000/- c) 5000/- d) No limit

Last Answer : c) 5000/

Cost of stationery inspector and Asst Supdt of post office holding independent charge of sub division a) Rs 100 pm b) Rs 200pm c) Rs 500pm d) No limit

Description : Cost of stationery inspector and Asst Supdt of post office holding independent charge of sub division a) Rs 100 pm b) Rs 200pm c) Rs 500pm d) No limit

Last Answer : b) Rs 200pm

How many saving accounts can be opened by a guardian on behalf of a minor? a) Only one account can be opened on behalf of one minor by one guardian i.e either mother or father b) Only two account can be opened on behalf of one minor by both the father and mother c) No min limit d) None of these

Description : How many saving accounts can be opened by a guardian on behalf of a minor? a) Only one account can be opened on behalf of one minor by one guardian i.e either mother or father b) Only two account can be opened on behalf of one minor by both the father and mother c) No min limit d) None of these

Last Answer : a) Only one account can be opened on behalf of one minor by one guardian i.e either mother or father

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 the correct option a) The CIC/IC shall hold office for a term 5 years b) CIC shall not be eligible to reappointment. c) No CIC shall hold office as such after he has attained the age of 65 years d) Every IC shall not be eligible to reappointment as IC but shall be eligible to reappoint as CIC the term of office shall not be more than 5 years in aggregate as IC and CIC e) All the above

Description : Mark the correct option a) The CIC/IC shall hold office for a term 5 years b) CIC shall not be eligible to reappointment. c) No CIC shall hold office as such after he has attained the age of 65 ... the term of office shall not be more than 5 years in aggregate as  IC and CIC e) All the above

Last Answer : e) All the above

Mark the correct option a) Where the access to information is to be provided in the printed or in any electronic format, the applicant shall pay such fee as may be prescribed b) No such fee shall be charged from the persons whore are below poverty line c) The information shall be provided the information free of charge where a public authority fails to comply with the time limits specified. d) Before taking the decision consideration of third party representation is necessary e) All the above

Description : Mark the correct option a) Where the access to information is to be provided in the printed or in any  electronic format, the applicant shall pay such fee as may be prescribed b) No ... . d) Before taking the decision consideration of third party representation is necessary  e) All the above

Last Answer : e) 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