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

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
by

1 Answer

Answer :

c) Premature encashment can not be made before completion of 6 year
by

Related questions

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

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) 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 : a) NC 32

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

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

Description : 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

Last Answer : d) All the above

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 deposit in case account close before expiry of 2 year and 1% after expiry of 2 years. d) All the above

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

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

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

Description : 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 ... of the survivor in the event of the death of one of the joint  holders d) All the above

Last Answer : d) All the above

As per revised Govt policy the insurant will get approximately a) Less than 40% of total premia paid by him, if surrendered before completion of 5 years b) 75% after completion of 5 years but before 10 years c) Full recovered amount after 10 year d) All the above

Description : As per revised Govt policy the insurant will get approximately a) Less than 40% of total premia paid by him, if surrendered before completion of 5 years b) 75% after completion of 5 years but before 10 years c) Full recovered amount after 10 year d) All the above

Last Answer : d) All the above

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

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 should contain serial number and the denomination of the missing order c) Both the A and B d) None of these

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

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 monthly journal of certificates issued 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 d) None of these

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

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

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

The date of purchase of certificate when payment made by cheque will be a) The actual date of cheque accepted by postmaster b) The date of cheque accepted by the Head office c) The date of when cheque received after clearance d) None of these

Description :  The date of purchase of certificate when payment made by cheque will be a) The actual date of cheque accepted by postmaster b) The date of cheque accepted by the Head office c) The date of when cheque received after clearance d) None of these

Last Answer : c) The date of when cheque received after clearance

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 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 : 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.

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

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

Interest rate on 10 year NSC is a) 8.6% b) 8.4% c) 8.5% d) 8.9%

Description : Interest rate on 10 year NSC is  a) 8.6% b) 8.4% c) 8.5% d) 8.9%

Last Answer : d) 8.9%

Payment for purchase of a certificate may be made by a) Cash or cheque b) Pay order or DD c) Matured Certificate/SB Wdl d) All the above

Description : Payment for purchase of a certificate may be made by  a) Cash or cheque b) Pay order or DD c) Matured Certificate/SB Wdl d) All the above

Last Answer : d) All the above

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

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

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

The NSC introduced from a) 08-05-1989 b) 01-04-1988 c) 01-04-1990 d) None of these

Description : The NSC introduced from a) 08-05-1989 b) 01-04-1988 c) 01-04-1990 d) None of these 

Last Answer : a) 08-05-1989

When an application is received for the purchase of a certificate on behalf of a minor a) The certificate should be issued in the name of the minor b) The certificate should be issued in the name of the minor c) The application should be signed by an adult purchasing the certificates on behalf of a minor d) Both B and C

Description : When an application is received for the purchase of a certificate on behalf of a minor a) The certificate should be issued in the name of the minor b) The certificate should be issued in the name of ... should be signed by an adult purchasing the certificates on behalf of a minor d) Both B and C

Last Answer : d) Both B and C

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

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

With effect from------------------, all Single/Double handed Sub Post Offices, at the time of closure/premature closure of RD/MIS/SCSS accounts will collect closed passbook from the depositor and attach the same with account closure form and send in a manner as prescribed for dispatch of vouchers and LOT to HO. a) 15.2.2008 b) 11.06.2010 c) 23.06.2010 d) None of these

Description : With effect from------------------, all Single/Double handed Sub Post Offices, at the time of closure/premature closure of RD/MIS/SCSS accounts will collect closed passbook from the depositor and attach the same with ... LOT to HO. a) 15.2.2008 b) 11.06.2010 c) 23.06.2010 d) None of these

Last Answer : a) 15.2.2008

A money order received but loss before payment a) The postmaster should then give an intimation to the office of issue by telegraph/fax b) After receiving the intimation the office of issue will prepare duplicate MO in MO 57 and forward to office of payment by service regd post c) A report regarding the issue of a duplicate money order should be made to the home postal account office. d) All the above

Description : A money order received but loss before payment a) The postmaster should then give an intimation to the office of issue by telegraph/fax b) After receiving the intimation the office of issue will prepare ... a duplicate money order should be made to the home postal account office. d) All the above

Last Answer : d) All the above

An officer should not ordinarily be brought back the same division until a) Ten year completion of tenure b) Two year completion of tenure c) The lapse of an interval equalant to the max period as fixed d) No such limit

Description : An officer should not ordinarily be brought back the same division until a) Ten year completion of tenure b) Two year completion of tenure c) The lapse of an interval equalant to the max period as fixed d) No such limit

Last Answer : c) The lapse of an interval equalant to the max period as fixed

Register of Sanctioned Establishment should be destroyed at the end of: (A) The year after issue of new one (B) Two years after issue of new one (C) Three years after issue of new one (D) Five years after issue of new one

Description : Register of Sanctioned Establishment should be destroyed at the end of: (A) The year after issue of new one (B) Two years after issue of new one (C) Three years after issue of new one (D) Five years after issue of new one

Last Answer : (A) The year after issue of new one

Chapter VIII, X, and XI of Code of criminal procedure, shall not apply to a) Whole India b) Whole India except Nagaland , tribal area & Jammu and Kashmir c) Nagaland , tribal area d) Whole India except Jammu and Kashmir

Description : Chapter VIII, X, and XI of Code of criminal procedure, shall not apply to a) Whole India  b) Whole India except Nagaland , tribal area & Jammu and Kashmir c) Nagaland , tribal area d) Whole India except Jammu and Kashmir

Last Answer : c) Nagaland , tribal area

Mark the correct option a) The WLA policy can be converted into EA after one year b) The EA policy can be altered and value can be reduced after one year of issue and before one year of maturity c) CWL policy cant be converted into EA policy at the end of the 5 year. d) All the above

Description : Mark the correct option a) The WLA policy can be converted into EA after one year b) The EA policy can be altered and value can be reduced after one year of issue and before one year of maturity c) CWL policy cant be converted into EA policy at the end of the 5 year. d) All the above

Last Answer : d) All the above

I would like to know if a Certificate of Completion any good to get in the Army It say that I have satisfactorily completed the course of study prescribed by the Board of Education for high school and therefore entitle to this Certificate of Completion.?

Description : I would like to know if a Certificate of Completion any good to get in the Army It say that I have satisfactorily completed the course of study prescribed by the Board of Education for high school and therefore entitle to this Certificate of Completion.?

Last Answer : A ISP is simply a internet service provider. In other words, it is the company you are paying to provide you with internet service.

Mark the incorrect option a) Not more than one policy will be allowed for one child. The policy can be taken by insured for his/her own child only b) Not more than two children in a family shall be covered under this policy. The same child should not be covered under more than one policy c) The insured of main policy shall not be aged 45 years and above at the time of taking of children policy d) The age of the child note more than 18 year at the time of issue of children policy

Description : Mark the incorrect option a) Not more than one policy will be allowed for one child. The policy can be taken by insured for his/her own child only b) Not more than two children in a family shall be ... policy d) The age of the child note more than 18 year at the time of issue of children policy

Last Answer : d) The age of the child note more than 18 year at the time of issue of children pol

The unclaimed certificates lying in the custody of the Postal Accounts Office are preserved for a period of a) 30 years from the dates of maturity after which these become due for destruction b) 30 years from the dates of issue after which these become due for destruction a) 20 years from the dates of maturity after which these become due for destruction b) 10 years from the dates of maturity

Description : The unclaimed certificates lying in the custody of the Postal Accounts Office are preserved for a period of a) 30 years from the dates of maturity after which these become due for destruction b) ... of maturity after which these become due for destruction b) 10 years from the dates of maturity

Last Answer : a) 30 years from the dates of maturity after which these become due for destruction

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

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

Mark correct option related to bulk bag system under foreign post a) Application for bulk bag facility should be made to Head of the circleb) Special bags of printed newspaper to/from addressees/sender in foreign countries except ceylon, Nepal, Bhutan and Pakistan may be send.c) Bulk bag may be sent either as unregistered or registered.d) The sender of such bags will deposit the amount in cash or POSB certificate pledged to Head of the circle. e) All the above are correct

Description : Mark correct option related to bulk bag system under foreign post a) Application for bulk bag facility should be made to Head of the circle b) Special bags of printed newspaper to/from addressees/sender in ... in cash or POSB certificate pledged to Head of the circle. e) All the above are correct

Last Answer : e) All the above are correct

Enquiries regarding BPO & IPO will be normally considered if made a) Within 6 month from the date of purchase of the order b) Within 1 year from the date of purchase of the order c) Within 1 1/2 year from the date of purchase of the orde d) None of the above

Description : Enquiries regarding BPO & IPO will be normally considered if made a) Within 6 month from the date of purchase of the order b) Within 1 year from the date of purchase of the order c) Within 1 1/2 year from the date of purchase of the orde d) None of the above

Last Answer : b) Within 1 year from the date of purchase of the order

A company has to choose between two projects whose cash flows are as indicated below; Project 1: i. Investment – Rs. 15 Lakhs ii. Annual cost savings – Rs. 4 lakhs. iii. Bi-annual maintenance cost – Rs. 50,000/- iv. Reconditioning and overhaul during 5th year: 6 lakhs v. Life of the project – 8 years vi. Salvage value – Rs. 5 lakhs Project 2: vii. Investment – Rs. 14 Lakhs viii. Annual cost savings – Rs. 3.5 lakhs. ix. Annual Maintenance cost – Rs. 20,000/- x. Reconditioning and overhaul during 4th year: 5 lakhs xi. Life of the project – 8 years xii. Salvage Value- 2 lakhs Which project should the company choose? The annual discount rate is 12

Description :  A company has to choose between two projects whose cash flows are as indicated  below; Project 1:  i. Investment - Rs. 15 Lakhs ii. Annual cost savings - Rs. 4 lakhs. iii. Bi-annual ... years xii. Salvage Value- 2 lakhs Which project should the company choose? The annual discount rate is 12

Last Answer : Year Project 1 Project 2 Outgo Saving NPV Outgo Saving NPV 0 15.0 0 =-15.0 14.0 0 = -14 1 0 4.0 = (4 / (1+.12)1 = 3.571 0.2 3.5 = (3.3 / (1+.12)1 = 2.95 2 0.5 4.0 = (3.5 / (1+.12)2 = 2.79 0.2 3.5 ... (1+.12)8 = 3.43 0.2 5.5  (3.5+2) = (5.3 / (1+.12)8 = 2.14 NPV = + 2.301 @12% = + 0.15

Duration of life certificate which is submitted by pensioner a. Six Month b . One Year c. Every Month

Description : Duration of life certificate which is submitted by pensioner a. Six Month b . One Year c. Every Month

Last Answer : b . One Year

An account bag from the Head Office to Sub office contain a) The SO slip, b) A cash bag containing cash including postage stamps c) IPO, Saving certificate, for sales d) SB Slip (SB 27), BO daily account after check, Blank MO forms for sale e) All the above

Description : An account bag from the Head Office to Sub office contain a) The SO slip, b) A cash bag containing cash including postage stamps c) IPO, Saving certificate, for sales d) SB Slip (SB 27), BO daily account after check, Blank MO forms for sale e) All the above

Last Answer : e) All the above

In the case of inland money order paid certificate of payment is issued by the postmaster of office of payment in the case of a) Loss of MO after payment b) If the MO acknowledgment is lost in transit and the remitter applies for it c) Both the above d) None of these

Description : In the case of inland money order paid certificate of payment is issued by the postmaster of office of payment in the case of a) Loss of MO after payment b) If the MO acknowledgment is lost in transit and the remitter applies for it c) Both the above d) None of these

Last Answer : b) If the MO acknowledgment is lost in transit and the remitter applies for it

How can we revive the lapsed PLI policy? a) Lapsed PLI cannot be revived b) Lapsed PLI can be revived after the sanction of the DG Post c) Lapsed PLI can be revived with the order of the CPMG and on paying all the installment due along with 12% interest and also producing medical fitness certificate d) Lapsed PLI can be revived getting another policy

Description : How can we revive the lapsed PLI policy? a) Lapsed PLI cannot be revived b) Lapsed PLI can be revived after the sanction of the DG Post c) Lapsed PLI can be revived with the ... with 12% interest and also producing medical fitness certificate d) Lapsed PLI can be revived getting another policy

Last Answer : c) Lapsed PLI can be revived with the order of the CPMG and on paying all the installment due along with 12% interest and also producing medical fitness certificate

Application for the payment of void MO should ordinarily be made within a) One year from the date of issue of the money order b) Two year from the date of issue of the money order c) Six month from the date of issue of the money order d) None of these

Description : Application for the payment of void MO should ordinarily be made within a) One year from the date of issue of the money order b) Two year from the date of issue of the money order c) Six month from the date of issue of the money order d) None of these

Last Answer : a) One year from the date of issue of the money order

Complaints concerning foreign MOs must be made within a period of a) 3 months from the date of issue b) Six month from the date of issue c) 1 year from the date of issue d) 2 year from the date of issue

Description : Complaints concerning foreign MOs must be made within a period of a) 3 months from the date of issue b) Six month from the date of issue c) 1 year from the date of issue d) 2 year from the date of issue

Last Answer : c) 1 year from the date of issue

Who orchestrate the completion of the project by inducting the right people at the right time to address the right issue and make the right decisions? A.Project Coordinator B.Project Manager C.Operations Manager D.Strategic Business Unit Head

Description : Who orchestrate the completion of the project by inducting the right people at the  right time to address the right issue and make the right decisions?  A.Project Coordinator  B.Project Manager  C.Operations Manager  D.Strategic Business Unit Head

Last Answer : B.Project Manager

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

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

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

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