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NO. OF QUESTION= 15
TOTAL TIME= 15 MIN
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Your results are here!! for" PNB Bulk Fixed Deposit Scheme "
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Number of Incorrect Questions : 0 and Negative marks 0
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Question 1 of 15
1. Question
Who can open a PNB Bulk Fixed Deposit Scheme account?
Correct
The scheme is open to eligible individuals, firms, companies, HUFs, trusts, institutions and other specified entities.
Incorrect
The scheme is open to eligible individuals, firms, companies, HUFs, trusts, institutions and other specified entities.
Unattempted
The scheme is open to eligible individuals, firms, companies, HUFs, trusts, institutions and other specified entities.
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Question 2 of 15
2. Question
What is the minimum amount for a Domestic Bulk Deposit?
Correct
A Domestic Bulk Deposit must be above ₹10 crore.
Incorrect
A Domestic Bulk Deposit must be above ₹10 crore.
Unattempted
A Domestic Bulk Deposit must be above ₹10 crore.
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Question 3 of 15
3. Question
What is the minimum Rupee Term Deposit for Scheduled Commercial Banks and Small Finance Banks?
Correct
The minimum single deposit is ₹3 crore.
Incorrect
The minimum single deposit is ₹3 crore.
Unattempted
The minimum single deposit is ₹3 crore.
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Question 4 of 15
4. Question
Who must approve domestic fixed deposits above ₹10 crore before acceptance?
Correct
The branch must obtain prior approval from the Circle Head.
Incorrect
The branch must obtain prior approval from the Circle Head.
Unattempted
The branch must obtain prior approval from the Circle Head.
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Question 5 of 15
5. 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 6 of 15
6. Question
What is the minimum tenure under the Income Option?
Correct
The Income Option starts from 6 months.
Incorrect
The Income Option starts from 6 months.
Unattempted
The Income Option starts from 6 months.
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Question 7 of 15
7. Question
When must the depositor choose the interest payment 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 8 of 15
8. Question
Is conversion between Income Option and Maturity Option allowed?
Correct
Conversion between the two options is not permitted.
Incorrect
Conversion between the two options is not permitted.
Unattempted
Conversion between the two options is not permitted.
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Question 9 of 15
9. Question
Is auto renewal available under the scheme?
Correct
Auto renewal is not permitted.
Incorrect
Auto renewal is not permitted.
Unattempted
Auto renewal is not permitted.
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Question 10 of 15
10. Question
Is premature renewal or extension permitted?
Correct
Premature renewal or extension is not allowed.
Incorrect
Premature renewal or extension is not allowed.
Unattempted
Premature renewal or extension is not allowed.
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Question 11 of 15
11. Question
Is part withdrawal allowed before maturity?
Correct
Partial withdrawal is not permitted.
Incorrect
Partial withdrawal is not permitted.
Unattempted
Partial withdrawal is not permitted.
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Question 12 of 15
12. Question
For withdrawals exceeding which amount is prior information required to Head Office – Treasury Division?
Correct
Prior information is required for withdrawals exceeding ₹25 crore.
Incorrect
Prior information is required for withdrawals exceeding ₹25 crore.
Unattempted
Prior information is required for withdrawals exceeding ₹25 crore.
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Question 13 of 15
13. Question
Loan/Overdraft facility is not available for which accounts?
Correct
The facility is not available for deposits held in the name of a minor.
Incorrect
The facility is not available for deposits held in the name of a minor.
Unattempted
The facility is not available for deposits held in the name of a minor.
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Question 14 of 15
14. Question
How is interest calculated under the Maturity Option?
Correct
Interest is compounded quarterly and paid with principal on maturity.
Incorrect
Interest is compounded quarterly and paid with principal on maturity.
Unattempted
Interest is compounded quarterly and paid with principal on maturity.
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Question 15 of 15
15. Question
Where should clarifications relating to the scheme be obtained?
Correct
Operational guidance is provided only by the Head Office – Treasury Division.
Incorrect
Operational guidance is provided only by the Head Office – Treasury Division.
Unattempted
Operational guidance is provided only by the Head Office – Treasury Division.