The Post Office Saving Account Scheme 2019 is replacement of existing Post Office Saving Account Rules, 1981. The following 12 MCQ is covered all the section of Post Office Saving Account Scheme 2019.
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1. Post Office Saving Account Scheme can be opened jointly with?
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Answer is C)
Section 3 (b) of Post Office Saving Account Scheme 2019
Section 3 (b) of Post Office Saving Account Scheme 2019
2. Minimum deposit amount for opening of Saving Account Scheme
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Answer is A)
Section 4 (1) of Post Office Saving Account Scheme 2019 .........The account may be opened with a minimum deposit of five hundred rupees.....
Section 4 (1) of Post Office Saving Account Scheme 2019 .........The account may be opened with a minimum deposit of five hundred rupees.....
3. Minimum subsequent Deposit and withdrawal allowed in Post Office Saving Account Scheme 2019
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Answer is D)
Section 4 (1 and 3) of Post Office Saving Account Scheme 2019 .........1. No subsequent deposit shall be accepted for an amount less than ten rupees 2. Withdrawals from the account for not less than fifty rupees may be made by presenting pass book alongwith Form-2 duly filled in and signed ....
Section 4 (1 and 3) of Post Office Saving Account Scheme 2019 .........1. No subsequent deposit shall be accepted for an amount less than ten rupees 2. Withdrawals from the account for not less than fifty rupees may be made by presenting pass book alongwith Form-2 duly filled in and signed ....
4. Minimum subsequent Deposit and withdrawal allowed in Post Office Saving Account Scheme 2019
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Answer is D)
Section 4 (1 and 3) of Post Office Saving Account Scheme 2019 .........1. No subsequent deposit shall be accepted for an amount less than ten rupees 2. Withdrawals from the account for not less than fifty rupees may be made by presenting pass book alongwith Form-2 duly filled in and signed ....
Section 4 (1 and 3) of Post Office Saving Account Scheme 2019 .........1. No subsequent deposit shall be accepted for an amount less than ten rupees 2. Withdrawals from the account for not less than fifty rupees may be made by presenting pass book alongwith Form-2 duly filled in and signed ....
5. Which of the following is not correct w.r.t the Deposit and withdrawal of Saving Account Scheme 2019
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Answer is C)
Section 4 of Post Office Saving Account Scheme 2019 (Read all sub clauses)
Section 4 of Post Office Saving Account Scheme 2019 (Read all sub clauses)
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6. Maintenance fee for failed to maintained minimum of balance in Saving Account Scheme 2019 is
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Answer is A)
Section 4 (6) of Post Office Saving Account Scheme 2019 .....account holder fails to make such deposit within the specified period, an account maintenance fee of one hundred rupees shall be deducted from the account on the last working day of each financial year....
Section 4 (6) of Post Office Saving Account Scheme 2019 .....account holder fails to make such deposit within the specified period, an account maintenance fee of one hundred rupees shall be deducted from the account on the last working day of each financial year....
7. The matters for which no provision has been made in Saving Scheme 2019, for that reference should be made with
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Answer is B)
Section 10 of Post Office Saving Account Scheme 2019 .....The provisions of the General Rules shall, so far as may be, apply in relation to the matters for which no provision has been made in this Scheme....
Section 10 of Post Office Saving Account Scheme 2019 .....The provisions of the General Rules shall, so far as may be, apply in relation to the matters for which no provision has been made in this Scheme....
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8. The revival of the account can be made at
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Answer is A)
1. Section 8 (2) of Post Office Saving Account Scheme 2019 2. Section 55(1) CBS Manual .....Revival of silent account shall be done at HO only for SO's and HO both...
1. Section 8 (2) of Post Office Saving Account Scheme 2019 2. Section 55(1) CBS Manual .....Revival of silent account shall be done at HO only for SO's and HO both...
9. No of Cheque leaves can be issued to account holder at free of charge in a year is
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Answer is D)
1. Section 7 of Post Office Saving Account Scheme 2019 ....... A cheque book containing ten leaves may be issued to the account holder on an application, free of charge in a year............
1. Section 7 of Post Office Saving Account Scheme 2019 ....... A cheque book containing ten leaves may be issued to the account holder on an application, free of charge in a year............
10. Fee for issue of cheque exceeds the prescribed limit as per Post Office Saving Account Scheme 2019
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Answer is A)
1. Section 7 of Post Office Saving Account Scheme 2019 ....... A cheque book containing ten leaves may be issued to the account holder on an application, free of charge in a year. Subsequent issue of cheque book shall be charged at two rupees per cheque...........
1. Section 7 of Post Office Saving Account Scheme 2019 ....... A cheque book containing ten leaves may be issued to the account holder on an application, free of charge in a year. Subsequent issue of cheque book shall be charged at two rupees per cheque...........
11. Which of the following is correct statement w.r.t Post Office Saving Account Scheme 2019
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Answer is D)
Section 3 of Post Office Saving Account Scheme 2019
Section 3 of Post Office Saving Account Scheme 2019
12. Which of the form is prescribed for closure of account in Post Office Saving Account Scheme 2019
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Answer is B)
Section 9 of Post Office Saving Account Scheme 2019
Section 9 of Post Office Saving Account Scheme 2019