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Financial inclusion

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

The account that can be opened by an individual having no OVD is

a)

BSBD

b)

BSBD Small

c)

Pehla kadam

d)

Sukoon

2.

How many withdrawals in a calendar month is permitted in a BSBD account?

a)

2

b)

4

c)

5

d)

No such cap

3.

What is the limit on aggregate withdrawals in a calendar month for a Small Account?

a)

50000

b)

100000

c)

200000

d)

10000

4.

The BSBD accounts are normally valid for how many years?

a)

6 Months

b)

12 Months

c)

24 Months

d)

No such restriction

5.

The aggregate credits in a FY is restricted upto what amount for a BSBD-Small account?

a)

10000

b)

50000

c)

100000

d)

200000

6.

Which of the following is a life insurance scheme?

a)

APY

b)

PMSBY

c)

PMJJBY

d)

PMJDY

7.

Which of the following statements wrt PMSBY is incorrect?

a)

18-70 years of age

b)

Should have an SB account

c)

Eligible to join the scheme through each of his SB accounts separately

d)

All the options are correct

8.

What is the standard annual premium for PMJJBY

a)

Rs.330/-

b)

Rs.12/-

c)

Rs.531/-

d)

Rs.51/-

9.

which of the following insurance policies can be availed by paying a standard annual premium of Rs.12/- only?

a)

PMSBY

b)

PMJJBY

c)

PMFBY

d)

Hospital Plus

10.

What is the guideline for joining APY

a)

Maximum age 40 years

b)

Minimum age 18 years

c)

Both the options are correct

d)

Both the options are incorrect

11.

Which of the followings is not a minimum guaranteed pension under APY?

a)

1000

b)

3000

c)

5000

d)

15000

12.

Which of the following statements is/are incorrect for nomination for APY?

a)

Multiple nominations are permitted

b)

The default nominee is spouse

c)

Unmarried subscribers can nominate any person

d)

All are correct statements

13.

Which of the following is not a mode of contribution to APY?

a)

Monthly

b)

Quarterly

c)

Half-yearly

d)

Annually

14.

The APY contribution can be both increased and reduced as per customer request once in a year in the month of April.

a)

True

b)

False

15.

Under APY, on death of subscriber, the spouse gets

a)

50 % of the pension

b)

75 % of the pension

c)

100 % of the pension

d)

No pension

16.

Is there any tax benefit for the contributions to APY?

a)

Yes, under 80 C

b)

No

c)

Yes, under 80 CCD (1B)

d)

Yes, upto an amount of Rs.5000/- only

17.

What is the limit for the overdraft under PMJDY?

a)

2000

b)

4000

c)

5000

d)

10000

18.

Which variant of the debit card is issued to BSBD account holders?

a)

Visa

b)

Master

c)

RuPay

d)

Debit card is not issued to them

19.

In case of Suraksha Deposit Scheme, what is the amount of gift?

a)

Rs.12/-

b)

Rs.330/-

c)

Rs.201/-

d)

Rs.5001/-

20.

Jeevan Suraksha Gift cheque is for what amount?

a)

Rs.201-

b)

Rs.5001/-

c)

Rs.342/-

d)

Rs.351/-