(POSB MANUAL VOLUME I QN 101-128)
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:a
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
0 comments:
Post a Comment