GSV Quiz

What is the tenure of the Swarna Vriddhi Scheme?

• 15 months

• 12 months

• 9 months

• 6 months

What is the minimum amount required to enroll in the scheme?

• Rs 1000

• Rs 2000

• Rs 500

• Rs 1500

Can customers buy diamond jewellery under the scheme?

• Yes, included in the scheme

• Yes, but must pay separately for diamond charges

• No, only gold jewellery

• Only if they have a special membership

What happens if a customer discontinues payments before the end of the tenure?

• They can transfer their account

• They must pay a penalty

• They can still redeem for accrued gold weight

• They lose their investment

What is required for the redemption process?

• Only the original receipt

• Original receipts and proof of identity

• A bank statement

• A witness

What is the maximum number of instalments a customer can pay?

• Unlimited

• 10

• 5

• 20

What is the purpose of the GSV scheme?

• To accumulate gold grammage for jewellery purchase

• To invest in stocks

• To buy real estate

• To save for retirement

What document is mandatory if the total scheme contribution is Rs. 200,000 or more?

• PAN Card

• Aadhaar Card

• Driving License

• Voter ID

What is the total grammage accumulated in the example provided?

• 2 grams

• 4 grams

• 8 grams

• 6 grams

Is there a cash refund available upon redemption?

• Yes, partial cash refund

• Yes, full cash refund

• No, only jewellery can be purchased

• Only for special cases