DRO Retail Liability and GBM Test

What is the rate of interest on loan availed against Public Provident Fund?

• 6 percent
• PPF interest rate plus 1 percent
• 1 percent
• 2 percent
• PPF interest rate plus 1.5 percent

PPF accounts may be renewed for further 5 years upon completion of maturity of the PPF i.e. 15 years. How many times such renewal may take place? Choose the MOST SUITABLE option.

• Once
• Multiple number of times, provided such request for renewal is submitted before completion of two years after maturity of PPF
• Twice
• Multiple times provided such request for renewal is submitted before completion of one year after maturity of PPF
• Twice, provided such request for renewal is submitted before completion of two years after maturity of PPF

Who can open SCSS account?

• An individual who has attained the age of sixty years on the date of opening of the account
• An individual who has attained the age of fifty-five years or more but less than sixty years, and who has retired on superannuation or otherwise on the date of opening of an account under this Scheme, subject to the condition that the account is opened by such individual within one month of the date of receipt of the retirement benefits
• An individual who has attained the age of fifty-five years or more but less than sixty years, and who has retired on superannuation or otherwise on the date of opening of an account under this Scheme, subject to the condition that the account is opened by such individual within three months of the date of receipt of the retirement benefits
• Both 1 and 3
• Both 1 and 2

How many times can a SCSS deposit be renewed post maturity?

• Thrice
• Once subject to renewal done within 2 years after maturity
• Once subject to renewal done within 1 year after maturity
• Twice

In which frequency, is interest on Sovereign Gold Bond paid to the investor?

• Quarterly
• Annually
• Half Yearly
• Monthly

What is the maximum allowed age to join APY scheme?

• 50 years
• 40 years
• 45 years
• 60 years

For how much period, does short deposit get opened from proceeds of auto sweep from Baroda Mahila Shakti Savings Account?

• 181 days
• 180 days
• 91 days
• 90 days
• 45 days

What is maximum cash withdrawal limit in Baroda SB Cap Gains 1988 Scheme account?

• 50000/-
• 10000/-
• 20000/-
• 25000/-

For which of the following purpose, partial withdrawal is NOT allowed from NPS accounts?

• Treatment of specified disease
• Purchase/construction of self flat/house
• Higher Education of children
• Marriage of Children
• Self marriage

How much is the minimum QAB to be maintained in Baroda Premium Current Account (BPCA)?

• 200000/-
• 75000/-
• 100000/-
• 500000/-