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SAVINGS BANK

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

What is the abbreviation of MSSC?

a)

(a)  Mahila Samridhi  Savings Certificate

b)

(b) Mahila Samman Savings Certificate

c)

(c)  Mahalir Summit Savings Account

d)

(d)  Mahalir Summon Savings Account

2.

 

Which type of account is eligible for 80C under Income Tax?

a)

(a)  RD

b)

(b)  SB

c)

(c)  SSA

d)

(d)  MIS

3.

Under NSC joint account can be opened by a maximum of  ____ adults jointly.

a)

(a) 1

b)

(b) 3

c)

(c) 2

d)

(d) 4

4.

Which account cannot be opened through online?

a)

(a)  SB

b)

(b)  RD

c)

(c) KVP

d)

(d) NSC

5.

What is the time gap to open subsequent MSSC accounts?

a)

(a)  2 months

b)

(b)  3 months

c)

(c)  4 months

d)

(d)  At any time

6.

Net banking available in the following offices

a)

(a)  HOs

b)

(b)  SOs

c)

(c)  BOs

d)

(d)  All of these

7.

How much amount of interest in SB account exempted for Income Tax?

a)

(a)  Rs. 40000/-

b)

(b)  Rs. 10000/-

c)

(c)  Rs. 50000/-

d)

(d)  No limit

8.

What is minimum amount to open a PPF account?

a)

(a)  Rs. 1000/-

b)

(b)  Rs. 250/-

c)

(c)  Rs. 500/-

d)

(d)  Rs. 1500/-

9.

A minor above ______ years of age can operate POSB account in his own

Name?

a)

(a)  15 years

b)

(b)  10 years

c)

(c)  7 years

d)

(d)  12 years

10.

What is maximum deposit amount under PO Saving account?

a)

a)    Rs One lakh

b)

b)    Rs 1.5 lakh

c)

c)    Rs 10 lakh

d)

d)    No Maximum Limit

11.

Which of the following is not covered under Jan Suraksha Yojana?

a)

(a) Pradhan Manthiri Jan dhan Yojana

b)

(b) Pradhan Manthiri Suraksha Beema Jojana

c)

(c) Pradhan Manthiri Jeevan Jothi Beema Jojana

d)

(d) Atal Pension Yojana

12.

What is the age limit for Atal Pension Yojana?

a)

(a)  18 to 40

b)

(b)  18 to 45

c)

(c)  25 to 40

d)

(d)  18 to 60

13.

Which among the following facilities is available on PO Savings Account?

a)

(a)  Cheque book

b)

(b)  ATM card

c)

(c)  ebanking/Mobile banking

d)

(d)  All of these

14.

If a person met an accident and lost one hand/one leg,the maximum

         Amount payable under Jan Suraksha Scheme

a)

(a)  Rs One lakh

b)

(b) Rs 2 lakh

c)

(c)  Rs 10 lakh

d)

(d)  No maximum limit

15.

Which of the following schemes can be extended further?

a)

(a) PPF/SCSS/RD

b)

(b)  PPF/SCSS/NSC

c)

(c)  SCSS/PPF/NSC/KVP

d)

(d)  None of these

16.

Who is the first Finance minister of India?

a)

(a) R. K. Shanmukham Chetty

b)

(b) Morarji Desai

c)

(c) V.P.Singh

d)

(d) Manmohan Singh

17.

Under SCSS scheme, an account may be extended for the period of

a)

(a) 5 years

b)

(b) 1 year

c)

(c) 2 year

d)

(d) 3 year

18.

How many times customer can avail the extension of accounts under SCSS schemes

a)

(a) Twice

b)

(b) Four times

c)

(c) only once

d)

(d) thrice

19.

What is the premium per Annum per member under PMSBY scheme?

a)

(a) Rs.20

b)

(b) Rs.450

c)

(c) Rs.330

d)

(d) Rs.336

20.

ROI for current quarter for SSA Account

a)

(a) 8.1 %

b)

(b) 8.2 %

c)

(c) 8.5 %

d)

(d) 8 %