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

1 Answer

Answer :

d) None of these

Related questions

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 : 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 : 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 amount is not withdrawn, the excess amount will carry the normal saving bank interest d) All the above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 : Mark the correct option a) Withdrawal will be allowed 50% deposited amount in RD account after one year and after 12 monthly deposit. b) No withdrawal is allowed in discontinued RD accounts c) 10% interest ... the 10th of the month, no interest shall be payable for that month e) All the above

Last Answer : e) 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

Description : Mark the correct option a) After maturity , the senior citizen account will be extended further 3 year b) The account continued after maturity, the deposit shall earn interest at the rate applicable to the ... bank interest applicable d) There is no maximum time limit for PMI e) All the above

Last Answer : e) All the above

Description : 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 : 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

Description : In case of maturity value of discontinued RD account is retained after the date of maturity the depositor shall be entitled ______ of interest wef 01 Jan 2012 a) 3.5% b) 4% c) 8% d) 9.25%

Last Answer : b) 4%

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 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 : 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

Description : Mark correct option a) A small packet should not exceed 1 Kg in weight. b) Small packet exceeding 500 gm is subject to a delivery fee payable by the addressee at the time of delivery. c) Small ... at double the deficiency for a rate applicable in the inland post. d) All of the above are correct

Last Answer : d) All of the above are correct

Description : Mark the correct option: a) Rate applicable for recall of foreign article in case letter 10gm & Telegraph 15 words b) The fee paid for the recall will not be refunded under any circumstances c) Weight ... , shall be collected from the addressee at the time of delivery. d) All the above are correct

Last Answer : d) All the above are correct

Description : Mark the correct option a) In case RD account opened between 1st and 15th of the month the subsequent deposit shall be made up to 15th of the next month. b) In case RD account opened between 16th and ... c) The above effect apply all account opened before 01 Jan 2012 and after . d) All the above

Last Answer : d) All the above

Description : Mark the correct option a) Minor cannot appoint a messenger for making withdrawal from SB account b) At the time of making a withdrawal by cheque from saving account not necessary to provide pass book ... added in a saving account may not be treated as transaction in that account d) All the above

Last Answer : d) All the above

Description : Mark the incorrect option. a) The PPF account is not transferable from one person to another person. b) In the death of the depositor nominee can be continued the account c) Both the A and B d) Neither A nor B

Last Answer : b) In the death of the depositor nominee can be continued the account

Description : In case any discrepancy, passbook will be retained and receipt form____ will be issued to the depositor a) SB-32 b) SB-28 c) SB-27 d) SB-14

Last Answer : b) SB-28

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

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 : 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

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.

Description : Mark the correct option a) SB 26 denotes preliminary receipt b) SB 28 denotes receipts for depositors passbook c) SB 58 denotes long book d) All the above

Last Answer : d) All the above

Description : Mark the correct option a) The account can be transferred submitting an application in form SB 10(b) b) The account may be opened in using the form SB 3 c) SB 7 is necessary to get withdrawal except cheque account d) All the above

Last Answer : d) All the above

Description : Mark the correct option relating to SO daily account. a) The SO daily account is prepared by the sub postmaster himself b) The sub postmaster is responsible for it correctness c) The SO daily account may be prepared by SB PA d) SB assistant is also responsible for it correctness

Last Answer : a) The SO daily account is prepared by the sub postmaster himself

Description : Mark the correct statement. a) Second withdrawal in a PPF account is payable in the next financial year of the year in which principal and interest on first withdrawal has been fully ... been refunded alongwith interest thereon and other conditions fulfill d) None of the above is correct

Last Answer : b) Second loan is permissible in the financial year in which 1st loan and interest thereon has been recovered provided the 1st loan was not taken in the same year and other conditions fulfill

Description : Mark the correct 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

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

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

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

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 : Mark correct option a) The expression postage means the duty chargeable for the transmission by post of postal articles b) The expression postage stamps means any stamp provided by the [Central Government] ... room, carriage or place used for the purposes of the Post Office. d) All the above

Last Answer : d) All the above

Description : Mark the correct option a) The camp bag booked as parcel will be sent by surface route and will be charged with the postage payable on a parcel weighting 10 Kg plus registration fee and incidental charges ... camp bag is due to be collected on any day including Sunday & Holiday. d) All of these

Last Answer : b) The camp bag booked as letter mail will not be charge with any additional postage other than Registration fee

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 : Provided that the minimum amount of sum so payable shall not be less than ____ of  the value of such defective goods sold or services provided, as the case may be to such  consumers. a) Rs 25000/- c) 10 % c) 5% d) None of these

Last Answer : c) 10 %

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

Description : Mark the correct option relating to RD a) If there are more than four monthly defaults, the account shall be treated as discontinued b) Revival of the account shall be permitted only within a period ... of fifth default. c) Discontinued account can be closed after three years d) All the above

Last Answer : d) 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

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

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

Description : Mark the correct option a) No Govt. servant shall use his position or influence directly or indirectly to secure employment for any member of his family in any company. b) A Govt. servant shall, as soon ... firm, intimate such acceptance to the prescribed authority. c) Both A & B d) None of these

Last Answer : c) Both A & B