DRO Retail Liability and GBM Test

DRO Retail Liability and GBM Test

Professional Development

15 Qs

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DRO Retail Liability and GBM Test

DRO Retail Liability and GBM Test

Assessment

Quiz

Other

Professional Development

Practice Problem

Hard

Created by

Baroda Academy

Used 2+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

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

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

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

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

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

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

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

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

Quarterly
Annually
Half Yearly
Monthly

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the maximum allowed age to join APY scheme?

50 years
40 years
45 years
60 years

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

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