POSB MANUAL VOLUME I
1. What is the current rate of interest on saving accounts?
a) 3.5% b) 4%
c) 8%
d) 8.2 % Ans:b
2. The revised rate of interest @4% on
saving accounts wef
a) 01 Oct 2011 b) 01
Dec 2011
c) 01 Nov 2011 d) 01 Jan 2012 Ans:b
3. How many Single saving accounts may be
opened by an adult in his own name in any one post office?
a) Only one b) Only
Two
c) No such limit d) None
of these Ans:a(4)
4. How many adult may open a joint saving
account?
a) Two b) Three
c) Two or three d) None
of these Ans:c
5. 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 Ans:a
6. 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 Ans:a
7. What is the fee for making nomination
in a saving accounts first time
a) Rs 1/- b) Rs 2/-
c) Rs 3/-
d) Free Ans:d
8. What is the fee for getting the
nomination altered in a savings account
a) Rs 1/- b) Rs 2/-
c) Rs 3/-
d) Rs 5/- Ans:a
9. In what manner fee for getting the nomination cancelled in a
Savings account is to be paid?
a) In shape of cash
b) By
deposit to UCR
c) In shape of stamp affixed on the
application
d) None of
these
Ans:c
10. How many times withdrawal can be made
from a savings account standing at BO in a day?
a) Two times only b) Only
once
c) Any number of times d) None
of these Ans:b
11. How many times withdrawal can be made
from a savings account standing at SO/HO in a day?
a) Two times only b) Only
once
c) Any number of times d) None
of these Ans:c
12. Up to what amount payment order for
withdrawal from saving account may be sanctioned by a branch postmaster?
a) Rs 500/- b) Rs
2500/-
c) Rs 5000/- d) Rs
10000/- Ans:c
13. What is minimum balance should remain in
a savings account without cheque account after withdrawal?
a) Rs 50/- b) Rs 500/-
c) Rs 1000/- d) Rs
100/- Ans:a
14. What is minimum balance should remain in
a savings account with cheque book after withdrawal?
a) Rs 50/- b) Rs 500/-
c) Rs 1000/- d) Rs
100/- Ans:b
15. Whether
nomination facility is available in savings account opened in the name
of a minor by his guardian?
a) Yes b) No
c) Cannot say d) None
of these Ans:b
16. 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
c)
The amount annual interest added in a saving
account may not be treated as transaction in that account
d) All
the above Ans:d
17. What is minimum amount may be withdrawn
by a cheque from a cheque saving account?
a) Rs 500/- b) Rs
100/-
c) Rs 100/- d) Rs
20/- Ans:d
18. After how many consecutive years
without any transaction a saving account is treated as silent account?
a) 2 years b) 3 years
c) 4 years
d) 5 years Ans:b
19. What is the fee for issue of duplicate
passbook in saving account?
a) Rs 20/- b) Rs 10/-
c) Rs 5/-
d) Free Ans:b
20. In what manner the fee for issue of duplicate pass book of
savings account is paid by the depositor?
a)
By cash
b)
By crediting to UCR
c)
Postage stamp equal to the value of the fee to
be affixed on the application
d)
Through ACG 67 Ans:c
21. Which office issue duplicate
passbook of a saving accounts is paid by
the depositor?
a) Head
Office b) SO
c) The same SO where A/c Stands d) None
of these Ans:c
22. What is the fee for transfer of saving
account from one post office to another post office?
a) Rs 5/- b) Rs 10/-
c) Rs 1/- shape of postage d) Free Ans:d
23. Mark the correct option
a)
The final withdrawal in saving account made
through SB 7 only
b)
In joint B saving accounts at the time of transfer
and closing all the account holder’s signature is required.
c)
Saving account of deceased depositor can not be
transferred from one post office to another post office
d)
All the above Ans:d
24. 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 Ans:c
25. What is the maximum balance may be
deposited to Single/ Joint account
a) 1 lac/2 lac b) 2lac/3 lac
c) No maximum limit d) None
of these Ans:c
26. No maximum limit on saving bank accounts from
a) 01 Oct 2011 b) 01 Dec 2011
c) 01 Jan 2012 d) None of these Ans:a
27. Interest earned is Tax free u to Rs
a) 5000/- b) 3000
c)
2500/- d)
3500/- Ans:d
28. 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 Ans:c
29. If the account opened with initial
deposit exceeding Rs 50000/- _____ is mandatory
a) Pan Card photocopy b) Declaration in form 60/61
c) Both the above d) Either
A or B Ans:d
30. 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 Ans:d
31. 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 Ans:d
32. What is IGNOAPS?
a)
Indian Government National Old Age Pension Scheme
b)
Indian Guaranty National Old Age Pension Scheme
c)
Indira Gandhi National Old Age Pension Scheme
d)
None of these Ans:c
33. What is IGNWPS?
a)
Indian Government National Worker Pension Scheme
b)
Indira Gandhi National Widow Pension Scheme
c)
Indira Gandhi National Worker Pension Scheme
d)
None of these Ans:b
34. What is IGNDPS?
a)
Indira Gandhi National Development pension Scheme
b)
Indian Government National disability pension
Scheme
c)
Indiara Gandhi National disability pension
Scheme
d)
None of these Ans:c
35. A blind or illiterate or physically
handicapped adult
a)
Cannot be opened any account
b)
May open or operate account personally
c)
May operate account through a literate agent
nominated by him for the purpose
d)
Both the B and C And:d
36. Mark the correct option
a)
A literate person can account with cheque
facility
b)
No minimum amount is required for opening of
Workers wage account
c)
Saving account can be opened by cash only
d)
All the above Ans:d
40. What is MG-NREGA?
a)
Most Guaranteed – National Rural Employment Guaranty
Act
b)
Mhatma Gandhi- New Right Enabled Guaranty Act
c)
Mahatma Gandhi- National Rural Employment
Guaranty Act
d)
None of these Ans:c
41. 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 Ans:d
42. Mark the correct option
a)
No interest shall be allowed on an account for
any month in which the balance at credit below twenty rupees ant any time
between the close of the tenth day and end of the month
b)
No interest shall be allowed on an account for
any year in which the amount of interest for the year is less than one rupees
c)
In case death of the depositor interest in the
account will be allowed till the end of the month preceding the month in which
sanction for withdrawal of balance is issued by competent postal authority
d)
All the above Ans:d
43. 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 Ans:b
44. Mark the correct option
a)
In case of silent accounts in which the minimum
balance below Rs 50/- a service charge of Rs 20/- per year is debited on the
last working day of the financial year.
b)
When balance in silent account becomes Zero the
account shall be treated as closed
c)
A service charge for dishonored cheques @50/-
per cheque plus postage charge will be debited to the depositor accounts.
d)
All the above Ans:d
45. 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 Ans:b
46. 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 Ans:c
47. To supply of saving bank ledger copy Rs
_____ will be charged
a)
10 per ledger copy
b)
Rs 5 per every thirty entry
c)
Rs 2 per every thirty entries or part there of
d)
Free Ans:c
48. 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 Ans:d
49. 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 Ans:c
50. 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 Ans:d
51. A person can open ____ of RD Accounts in
one post office
a) Only one b) One single and another joint
c) Any number d) None of these Ans:c
52. 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 Ans:d
53. 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 will be charged on loan amount
d)
If the repayment with interest is made on or
before the 10th of the month, no interest shall be payable for that
month
e)
All the above Ans:e
54. The rate of interest in RD account opened
before 01 Dec 11 and on or after 01 Dec 2011 and up to 31 Mar 12 is
a) 6.5%, 7% b) 7.5%, 8%
c) 8%,
8.5% d) 8%,
8.2% Ans:b
55. The maturity value on Rs 10 denomination
of RD account opened on or after 01 Dec 2011 and up to 31 Mar 12 and 01 Apr 12 is(Interest @8.4%)
a) 728.29 b) 738.62, 747
c)
738.51 d)
738.10 Ans:b
56. 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 two months from the month of fifth default.
c)
Discontinued account can be closed after three
years
d)
All the above Ans:d
57. Protected saving scheme is admissible in
_____ den of RD accounts
a) 10 b) 20
c)
50 d)
50 Ans:d
(Prepared by AB Kantharaja Kodagu Dn, Karnataka, presently serving in APS
(abkantharaja@gmail.com)
mobile No 08969822340)
58. Mark the correct option relating to
Protected saving scheme
a) Twenty four months have been elapsed
from the date of opening the account and during the said period all the month
installments have been paid into the account without any default and there has
been no withdrawal from the account during the period.
b) The age of the depositor or depositors
as the case may be, at the time of opening the account was not less than 18
years and not more than 53 years
c) The legal heir/nominee of the deceased
depositor has not made any claim or has not already been given the benefit in
respect of any other account under the scheme
d) The claim applied for within one year
of the death of the depositor
e) All the above Ans:e
59. 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 last date of the month the subsequent deposit shall be made up to end of
the month of next month
c)
The above effect apply all account opened before
01 Jan 2012 and after .
d)
All the above Ans:d
(This rule presently not in force)
60. 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% Ans:b
61. Post maturity interest
on RD account after extended maturity period shall be paid up to
a) 1 Year b) 2 Years
c) 3 Years d) No limit (from
01-01-12) Ans:d
62. Present rate of
interested on on 1, 2, 4, 5 years fixed
deposit(TD) is
a) 6.25%, 6.50%, 7.25%, 7.50% b) 7.25%,
7.50%, 8%, 8.2%
c) 8.2%, 8.3%, 8.4%, 8.5% d) None of these Ans:c
63. A person can open ____ of TD Accounts in
one post office
a) Only one b) One single and another joint
c) Any number d) None of these Ans:c
64. Minimum limit for deposit in TD Account
a) 200/- and multiple 200/- b) 100/- and multiple 100/-
c) 200/- and multiple 100/- d) None of these Ans:a
65. 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 Ans:d
66. The amount of maturity inclusive of
interest if becomes Rs 20000/- or above shall be paid by
a) Cash only b) By crossed cheque
c) By Credit into saving accounts d) Either
B or C Ans:d
67. Mark the correct option
a)
TD accounts cannot be closed prematurely before
6 months from the date of opening of account.
b)
Where a deposit in 1, 2, 3 or 5 year account is
withdrawn prematurely after 6 month but before expiry of one year from the date of deposit , Normal SB interest will be payable
to the depositor.
c)
Where a deposit in 2,3 or 5 year account is
withdrawn prematurely after the expiry of one year interest on such deposit
shall be payable to the depositor such interest hall be calculated at the rate
which shall be 1% less than the rate specified for 1 , 2 or 3 years as the case
may be.
d)
All the above Ans:d
68. Pledging of TD account as security in the
name of
a)
The president of India or Governor of the state in
his official capacity
b)
The reserve bank of India or a scheduled bank or a
co-operative society
c)
Both the A and B
d)
None of these Ans:c
69. Post maturity interest on TD account shall be paid up to
a) 1 Year b) 2 Years
c) 3 Years d) No
limit Ans:d
70. 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 Ans:e
71. Minimum limit in opening of MIS account
a)
Rs 1000/-
and in multiple of Rs 1000/-
b)
Rs 1500/- and in multiple of Rs 1500/-
c)
Rs 1250/- and in multiple of Rs 1250/-
d)
None of these Ans:b
72. What is the maximum limit of deposit in
MIS account in single and joint?
a) 1.5 lac and 3 lack b) 3 lac and 4.5 lack
c) 4.5 lac and 9 lac d) 6 lac and
9 lac Ans:c
73. 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 Ans:d
73. 5% bonus on initial deposit of MIS
account allowed an account opened between
a) 08 Dec 2007 to 30 Nov 2011 b) 13
Feb 2006 to 30 Nov 2011
c) Before 13 Feb 2006 d) None of these Ans:a
74. Post maturity interest
on TD account shall be paid up to
a) 1 Year b) 2 Years
c) 3 Years d) No
limit Ans:d
75. 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 Ans:e
76. 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 Ans:d
77. Present rate of Senior citizens saving
scheme account is____ payable quarterly.
a) 10% b) 9.3%
c) 8.5
% d)
9.5% Ans:b
78. What is the Minimum and maximum deposit in Senior citizen saving scheme
a) 500 & 5 Lac b) 1000 & 10 Lac
c) 1500 & 15
Lac d) 1000 & 15
Lac Ans:d
79. Mark the correct option relating to
Senior citizens saving scheme
a)
An individual of the Age 60 years or more may
open the account
b)
An individual of the age of 55 years or more but
less than 60 years who has retired on superannuation or under VRS can also open
account within the one month of receipt the retirement benefits and not exceed
the amount of retirement benefits
c)
The maturity period is 5 years
d)
All the above Ans:d
80. 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 Ans:a
81. Joint account can be opened with
a) Father/mother only b) Spouse only
c) Any persons d) Only within relation Ans:b
82. 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 Ans:d
83. Registration, cancellation or change in
the nomination
a) Rs 5/- will be charged b) Rs 1/- will be charged
c) No fee will be charged d) None of these Ans:c
84. 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 Ans:e
85. Mark the correct option relating to
Senior citizen saving account
a)
Account opening form is Form A & for closing
Form E
b)
Pay in Slip Form D
c)
Account transfer form is From G
d)
All the above Ans:d
86. Issue of duplicate pass book of Senior
citizen account Rs____ will be charged
a) 10/- b) 20/-
c) No
fee
d) None of these Ans:a
87. Issue of duplicate pass book of senior
citizen account on second time Rs ___ will be charged
a) 10/- b) 20/-
c) Second time free d) None of these Ans:b
88. 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 Ans:d
89. 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 Ans:b
90. No TDS will be deducted if the amount of
interest paid in a financial year does not exceed Rs____
a) 3500/- b) 5000/-
c) 1000/-
d) 10000/- Ans:d
91. PPF account can be opened by
a)
An individual adult can on his own name
b)
An individual on behalf of minor
c)
Both the A & B
d)
None of these Ans:c
92. What is the rate of interest in PPF wef 01 Apr 12 ?
a)
8.8% per annum compounded yearly
b)
8.5% per annum compounded yearly
c)
8.6 % per annum compounded yearly
d)
None of these Ans:a
93. What is the minimum and maximum limit to
deposit in PPF account?
a) 500 and 5000 b) 500
and 70000
c) 1000 and 100000 d) 500
and 100000 Ans:d
94. 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 Ans:b
95. The SCSS account transferred one Post
office to another post office
a)
Rs 5/-
per lac will be charged where the deposit is Rs 1 lac and above
b)
Rs 10/- per lac will be charged where the
deposit is Rs 1 lac and above on second transfer.
c)
No fee will be charged
d)
Both the
A and B( The fee will be paid by cash through pay in slip Ans:d
96. 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
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 Ans:d
98. The PPF account can be extended after
maturity up to
a) Further block five year. b) Further two years
c) Cannot be extended d) None of these Ans:a
99. 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 Ans:d
100. 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 Ans:b
101. 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 Ans:d
102. 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 Ans:b
103. 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 Ans:d
104. 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 Ans:d
105. 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
Ans:a
106. 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 Ans:c
107. Mark the correct option relating to
withdrawal on PPF account
a)
The first withdrawal can be made at any time
after expiry of 5 years from the end of the year in which the initial
subscription was made.
b)
The amount of withdrawal is limited to 50%
balance at the credit at the end of the 4th year immediately preceding the year in which the amount is
withdrawn or end of the preceding year, whichever is lower.
c)
Only one withdrawal can be made in one financial
year . The amount of withdrawal is not repayable.
d)
All the above Ans:d
108. 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 Ans:d
109. 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 Ans:d
110. An individual hold a PPF
account with balance is Rs 500/- the date of last transaction made on
01-03-2008 and the depositor has comes to deposit in his account on 01
Jan
2012 but no transaction was made in his
account till date.
a) The subscriber should be
deposit by paying default Rs 200 and the subscription should be deposited Rs
500/-
b) The subscriber should be
deposit by paying default Rs 150 and the subscription should be deposited Rs
2000/- and should not
exceed the maximum deposit ceiling of Rs. 1, 00,000/-
c) A subscriber may deposit the minimum subscription of Rs.
500/- plus the default fee of Rs. 50/- for each year of default, subject to the
condition that the total deposit during the year in which defaulted
subscription is deposited, should not exceed the maximum deposit ceiling of Rs.
1,00,000/-
d) None of these Ans
b
111. 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 Ans:a
112. 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 Ans:a
113. From -------------, the transferring
Head Post offices will dispatch Advice of Transfer (AT) by Service Insured Post
for Rs.100/- duly sealed instead of Service Registered Post.
a) 16.03.2010 b) 12.06.2010
c) 15.05.2008 d) 16-03-2009 Ans:d
114. The date of credit of cheque in case of
RD/PPF account will be the date of
a)
Presentation of cheque
b)
Receipt of the cheque from postmaster
c)
Receipt of the cheque from HO
d)
The date clearing Ans:d
115. present the Counter Assistant is
authorized to receive deposits and allow withdrawals up to Rs.--------------/-
in savings accounts only under his own power without showing the documents to
the Ledger Assistant and the Supervisor.
a) 5000 b) 2000
c) 4000 d) None of these Ans:a
116. For
each Sub Post office , the --------------- will fix the authorized
stock of Pass Book.
a) Head
Post master b) Sub Divisional
Heads
c) Divisional Heads
d) None of these Ans:c
117. The
initial deposit for opening of savings account shall be accepted in
cash wef
a) 01.01.1990
b) 05.02.2000
d) 12.02.2005
d) None of these Ans:a
118. 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 Ans:a
.
119. Whenever
a transaction cannot be posted by the HO in a
particular account for any reason a remark------------------ will
be made by the HO against the entry in LOT
a) Not
posted b) Unposted
c) Remain to post d) None of these Ans:b
120. The
SB 60 denotes
a) Journal
b) SB Pass Book
c) LOT d) None of these Ans:c
121. The
SB slips (SB 27 ) is used for ------------------
a) SB
document is sent by the HO to SO
b) withdraw
money from counter
c) SB
documents is sent by the SO to HO
d) None
of the above Ans:a
122. 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 Ans:d
123. List
of documents in form SB-104
a) By
SO to HO b) HO to SO
b) Both
the A and B d) None of these Ans:a
124. An
advice of transfer in form SB-9 is prepared
in ______ by
a) APM,
duplicate b) APM, single
c) Postmaster
, duplicate d) Ledger assistant, duplicate
Ans:d
125. The
post office saving bank started from
a) 1990 b) 1880
c)
1882 d)
1982 Ans:c
126. SCSS
account introduced in
a) 1992 b) 1994
c)
2002 d)
2004 Ans:d
127. Payment of commission on PPF and SCSS is
a) 1% and 0.5% d) 2% and .05%
c) 0.5% and Nil d) No commission paid Ans:d
On
or after 01 Dec 2011
128. MPKBY means
a)
Mahila
Pradan Kshetriya Bachat Yojana
b)
Money
Prevention Kendriaya Bachat Yojana
c)
Marketing
Popular Kshetriya Bachat Yojana
d)
None of
these Ans:a
(Prepared & published by AB
Kantharaja, Mobile 08969822340, http://abkantharaja.blogspot.in)
No comments:
Post a Comment
Dont forget to post your comments. Your comments and suggestions are valuable to us