21.
Under PMSBY, accidental death claim is available for:
A
Rs.3 lac
B
None of above
C
Rs.1 lac
D
Rs.2 lac
Answer and explanation
Correct Answer: D — Rs.2 lac
Rs.2 lac
ObjectiveMcq
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76 practice sets · Page 2 of 4
Under PMSBY, accidental death claim is available for:
Rs.3 lac
None of above
Rs.1 lac
Rs.2 lac
Rs.2 lac
Under APY, fixed pension can be chosen from:
Rs.2,000/-, Rs.3,000/-, Rs.4,000/-, Rs.5,000/-, Rs.6,000/-
Rs.500/-, Rs.1,000/-, Rs.2,000/-, Rs.3,000/-, Rs.4,000/-
Rs.1,000/-, Rs.2,000/-, Rs.3,000/-, Rs.4,000/-, Rs.5,000/-
None of above
Rs.1,000/-, Rs.2,000/-, Rs.3,000/-, Rs.4,000/-, Rs.5,000/-
To whom Overdraft facility of Rs.5,000/- in PMJDY Account is available?
One account per household
After 6 months of satisfactory conduct of account
All of above
Customers in age group of 18-60 years
All of above
Timely repayment of loans results
Easily availability of loan in future
All of above
Good reputation
No tension
All of above
The safest place for keeping money
An iron box
Money lender
A pit dug in the ground
Bank
Bank
TDS means
Tax Deducted at Source
None of above
Total Deposit Scheme
Time Deposit Scheme
Tax Deducted at Source
Self Help Group involves
All of above
Regular saving habits
Inter-lending within group members
Group of 5 to 20 people
All of above
PPF means
Public Provident Fund
Permanent Practitioners Forum
Pension Planning Funds
Person having Pension Facilities
Public Provident Fund
PMJDY LIC Insurance of Rs.30,000/- is available for first time accounts opened
On 15th August 2014
None of above
Between 15th August 2014 and 26th January 2015
On 26th January 2015
Between 15th August 2014 and 26th January 2015
Payment of cheque can be stopped by
Beneficiary
All of above
Drawer of cheque
Nominee
Drawer of cheque
PAN number is required for
Deposits in excess of Rs.1 lac
All transactions
Deposits Rs.50,000/- and above
Deposits less than Rs.50,000/-
Deposits Rs.50,000/- and above
PAN means
None of above
A kind of utensil
Primary Account Number
Permanent Account Number
Permanent Account Number
NRI means
Non Resident Indian
Non Rural Immigrants
None of above
Non Rural Individuals
Non Resident Indian
Nomination once done can
Be cancelled
Not be changed
None of above
Not be cancelled
Be cancelled
Nomination can be done in
All of above
Recurring Deposit account
Savings Bank account
Fixed Deposit account
All of above
Mutilated notes
Can be exchanged at Bank
None of above
Should be thrown away
Should be burnt away
can be exchanged at Bank
Minimum age required to open SB account in the bank
12 years
None of above
8 years
10 years
10 years
MGNREGS stands for
None of above
Mahatma Gandhi National Rural Employment Generation Scheme
Mahatma Gandhi Nutrition and Rural Employment Generation Scheme
Mahatma Gandhi National Rural Employment Guarantee Scheme
Mahatma Gandhi National Rural Employment Guarantee Scheme
Maximum tenure of Fixed Deposit is
7 years
8 years
10 years
5 years
10 years
Maximum amount of Cheque
None of above
Rs.100 crore
Rs.1 crore
No limit
No limit