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Your results are here!! for" PNB Recurring Deposit (RD) Scheme "
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Question 1 of 10
1. Question
What is the minimum monthly installment under the PNB RD Scheme?
Correct
The minimum monthly installment is ₹100 and thereafter in multiples of ₹1.
Incorrect
The minimum monthly installment is ₹100 and thereafter in multiples of ₹1.
Unattempted
The minimum monthly installment is ₹100 and thereafter in multiples of ₹1.
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Question 2 of 10
2. Question
What is the maximum monthly installment allowed per customer?
Correct
The maximum monthly installment is ₹25 lakh per customer per month.
Incorrect
The maximum monthly installment is ₹25 lakh per customer per month.
Unattempted
The maximum monthly installment is ₹25 lakh per customer per month.
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Question 3 of 10
3. Question
What is the minimum deposit tenure under the PNB RD Scheme?
Correct
The minimum tenure is 6 months.
Incorrect
The minimum tenure is 6 months.
Unattempted
The minimum tenure is 6 months.
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Question 4 of 10
4. Question
Which facility helps in automatic payment of monthly RD installments?
Correct
Standing Instruction facility is available for automatic payment.
Incorrect
Standing Instruction facility is available for automatic payment.
Unattempted
Standing Instruction facility is available for automatic payment.
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Question 5 of 10
5. Question
Is a loan facility available against the RD balance?
Correct
Loan facility is available against the Recurring Deposit balance.
Incorrect
Loan facility is available against the Recurring Deposit balance.
Unattempted
Loan facility is available against the Recurring Deposit balance.
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Question 6 of 10
6. Question
What is the penal interest for premature withdrawal of the RD?
Correct
Premature withdrawal is permitted with 1% penal interest.
Incorrect
Premature withdrawal is permitted with 1% penal interest.
Unattempted
Premature withdrawal is permitted with 1% penal interest.
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Question 7 of 10
7. Question
How can delayed monthly installments be deposited before maturity?
Correct
Delayed installments can be deposited by paying ₹1 per ₹100 per month as penalty.
Incorrect
Delayed installments can be deposited by paying ₹1 per ₹100 per month as penalty.
Unattempted
Delayed installments can be deposited by paying ₹1 per ₹100 per month as penalty.
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Question 8 of 10
8. Question
What additional interest is available to Senior Citizens (60–79 years) for deposits up to 5 years?
Correct
Eligible senior citizens receive an additional 50 basis points (0.50%).
Incorrect
Eligible senior citizens receive an additional 50 basis points (0.50%).
Unattempted
Eligible senior citizens receive an additional 50 basis points (0.50%).
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Question 9 of 10
9. Question
What additional interest is available to Super Senior Citizens (80 years and above)?
Correct
Super Senior Citizens receive an additional 80 basis points across all maturity buckets.
Incorrect
Super Senior Citizens receive an additional 80 basis points across all maturity buckets.
Unattempted
Super Senior Citizens receive an additional 80 basis points across all maturity buckets.
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Question 10 of 10
10. Question
How is the RD maturity value calculated?
Correct
It is calculated based on actual monthly core installments assuming no missed or delayed payments.
Incorrect
It is calculated based on actual monthly core installments assuming no missed or delayed payments.
Unattempted
It is calculated based on actual monthly core installments assuming no missed or delayed payments.