Banking Questions Test- 7
Q1.The commuted portion of the pension gets
reinstated after a period of …….. years from the date of credit of the commuted
value of pension to the pensioners account.
- 5
- 10
- 15
- 20
Q2Transfer of pension from one PSB to another
PSB in the same centre will
- Once maximum in
a year
- allowed only
after permission from the Govt sponsored
- Not be allowed
- Be allowed only
after permission from the pension sanctioning authority]
Q3 What is the rate of agency commission
receivable by banks from Govt for receipts in Govt transactions?
- Rs 25
- Rs 45
- Rs 60
- Rs 75
Q4 which type of joint account can be opened
in pension SB account?
- No joint account
is allowed
- Only with spouse
who is named as family pensioner
- Only with legal
heirs
- Only spouse ,son
or daughter
Q5 In case of excess payment of pension the
excess payment is to be recovered from the future pension every month is
………..%of the pension amount
- 50
- 25
- 33.33
- 60
Q6. Which type of joint account can be opened
with spouse in pension SB account?
- Only joint
operation
- Either or
survivor a/c
- Former or
survivor a/c
- b or c
Q7 what are the benefits available under
scheme PPF account?
- Income tax
benefit under sec 80C
- Balance cannot
be attached by court order
- The account can
be extended by five years at a time after completion of 15 years
- All the above
Q8. How many accounts a person can open under
PPF scheme?
- 1
- 2
- 3
- No limit
Q9. Whether Non residents can open account
under PPF scheme?
- Yes
- No
- No such
guidelines
- After 15th July 2003 non residents are permitted to
open account
Q10. All transactions relating to PPF by
branches will be passed on to the credit of the account of GOI, through the …
of the bank at Nagpur and also reports of PPF account is to be sent to them.
- Link cell of
Nagpur
- Service branches
of bank at Nagpur
- Through any
branch
- None of above
Answer-
1
|
2
|
3
|
4
|
5
|
6
|
7
|
8
|
9
|
10
|
c
|
a
|
b
|
b
|
c
|
4
|
4
|
a
|
b
|
a
|
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