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NO. OF QUESTION= 15
TOTAL TIME= 15 MIN
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Your results are here!! for" PNB Growth Fixed Deposit Scheme "
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Question 1 of 15
1. Question
Who can open the PNB Growth Fixed Deposit Scheme?
Correct
The scheme is available to individuals, firms, companies, HUFs, trusts and other eligible entities including illiterate and visually impaired persons.
Incorrect
The scheme is available to individuals, firms, companies, HUFs, trusts and other eligible entities including illiterate and visually impaired persons.
Unattempted
The scheme is available to individuals, firms, companies, HUFs, trusts and other eligible entities including illiterate and visually impaired persons.
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Question 2 of 15
2. Question
What is the minimum deposit amount?
Correct
The minimum single deposit is ₹3,00,00,000.
Incorrect
The minimum single deposit is ₹3,00,00,000.
Unattempted
The minimum single deposit is ₹3,00,00,000.
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Question 3 of 15
3. Question
What is the maximum deposit amount?
Correct
The maximum deposit amount is ₹10,00,00,000.
Incorrect
The maximum deposit amount is ₹10,00,00,000.
Unattempted
The maximum deposit amount is ₹10,00,00,000.
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Question 4 of 15
4. Question
What is the tenure under the Maturity Option?
Correct
The tenure ranges from 7 days to 120 months.
Incorrect
The tenure ranges from 7 days to 120 months.
Unattempted
The tenure ranges from 7 days to 120 months.
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Question 5 of 15
5. Question
What is the minimum tenure under the Income Option?
Correct
Income Option is available from 6 months.
Incorrect
Income Option is available from 6 months.
Unattempted
Income Option is available from 6 months.
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Question 6 of 15
6. Question
When must the depositor choose the Income or Maturity Option?
Correct
The option must be selected at the time of opening the deposit.
Incorrect
The option must be selected at the time of opening the deposit.
Unattempted
The option must be selected at the time of opening the deposit.
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Question 7 of 15
7. Question
How is interest handled under the Maturity Option?
Correct
Interest is reinvested, compounded quarterly and paid at maturity.
Incorrect
Interest is reinvested, compounded quarterly and paid at maturity.
Unattempted
Interest is reinvested, compounded quarterly and paid at maturity.
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Question 8 of 15
8. Question
Which option allows monthly interest payment?
Correct
Monthly interest is available under the Income Option.
Incorrect
Monthly interest is available under the Income Option.
Unattempted
Monthly interest is available under the Income Option.
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Question 9 of 15
9. Question
Which condition is required for conversion between options?
Correct
Original FD should have been opened for at least 12 months.
Incorrect
Original FD should have been opened for at least 12 months.
Unattempted
Original FD should have been opened for at least 12 months.
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Question 10 of 15
10. Question
What is the minimum remaining tenure required for conversion?
Correct
At least 6 months should remain.
Incorrect
At least 6 months should remain.
Unattempted
At least 6 months should remain.
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Question 11 of 15
11. Question
Are penal charges applicable for conversion?
Correct
No penal charges are applicable.
Incorrect
No penal charges are applicable.
Unattempted
No penal charges are applicable.
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Question 12 of 15
12. Question
Under which option is part withdrawal available?
Correct
Part withdrawal is allowed only under the Maturity Option.
Incorrect
Part withdrawal is allowed only under the Maturity Option.
Unattempted
Part withdrawal is allowed only under the Maturity Option.
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Question 13 of 15
13. Question
What minimum core balance must be maintained after part withdrawal?
Correct
A minimum core balance of ₹2 crore is required.
Incorrect
A minimum core balance of ₹2 crore is required.
Unattempted
A minimum core balance of ₹2 crore is required.
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Question 14 of 15
14. Question
In what multiples can part withdrawal be made?
Correct
Withdrawals must be in multiples of ₹1,00,000.
Incorrect
Withdrawals must be in multiples of ₹1,00,000.
Unattempted
Withdrawals must be in multiples of ₹1,00,000.
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Question 15 of 15
15. Question
For whom is the Loan/Overdraft facility not available?
Correct
Loan/Overdraft is not available for accounts opened in the name of a minor.
Incorrect
Loan/Overdraft is not available for accounts opened in the name of a minor.
Unattempted
Loan/Overdraft is not available for accounts opened in the name of a minor.