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Purchase Course

PNB Smart Banking Current Deposit Scheme (Smart Banking Current Account)

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TOTAL QUESTION: 30
TOTAL TIME= 30 MIN

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  1. Answered
  2. Review
  1. Question 1 of 30
    1. Question

    Which variants are available under the PNB Smart Banking Current Deposit Scheme?

    Correct

    The scheme has Gold, Diamond and Platinum variants; the existing Silver variant has been merged into Gold.

    Incorrect

    The scheme has Gold, Diamond and Platinum variants; the existing Silver variant has been merged into Gold.

    Unattempted

    The scheme has Gold, Diamond and Platinum variants; the existing Silver variant has been merged into Gold.

  2. Question 2 of 30
    2. Question

    What is the Monthly Average Balance (MAB) for the Gold variant?

    Correct

    The Gold variant requires an MAB of Rs. 1,00,000.

    Incorrect

    The Gold variant requires an MAB of Rs. 1,00,000.

    Unattempted

    The Gold variant requires an MAB of Rs. 1,00,000.

  3. Question 3 of 30
    3. Question

    What is the Monthly Average Balance (MAB) for the Diamond variant?

    Correct

    The Diamond variant requires an MAB of Rs. 5,00,000.

    Incorrect

    The Diamond variant requires an MAB of Rs. 5,00,000.

    Unattempted

    The Diamond variant requires an MAB of Rs. 5,00,000.

  4. Question 4 of 30
    4. Question

    What is the Monthly Average Balance (MAB) for the Platinum variant?

    Correct

    The Platinum variant requires an MAB of Rs. 10,00,000.

    Incorrect

    The Platinum variant requires an MAB of Rs. 10,00,000.

    Unattempted

    The Platinum variant requires an MAB of Rs. 10,00,000.

  5. Question 5 of 30
    5. Question

    What is the charge for non-maintenance of MAB in the Gold variant?

    Correct

    The Gold variant has a non-maintenance MAB charge of Rs. 2,000.

    Incorrect

    The Gold variant has a non-maintenance MAB charge of Rs. 2,000.

    Unattempted

    The Gold variant has a non-maintenance MAB charge of Rs. 2,000.

  6. Question 6 of 30
    6. Question

    What is the charge for non-maintenance of MAB in the Diamond variant?

    Correct

    The Diamond variant has a non-maintenance MAB charge of Rs. 3,000.

    Incorrect

    The Diamond variant has a non-maintenance MAB charge of Rs. 3,000.

    Unattempted

    The Diamond variant has a non-maintenance MAB charge of Rs. 3,000.

  7. Question 7 of 30
    7. Question

    What is the charge for non-maintenance of MAB in the Platinum variant?

    Correct

    The Platinum variant has a non-maintenance MAB charge of Rs. 4,000.

    Incorrect

    The Platinum variant has a non-maintenance MAB charge of Rs. 4,000.

    Unattempted

    The Platinum variant has a non-maintenance MAB charge of Rs. 4,000.

  8. Question 8 of 30
    8. Question

    What is the default setting for the sweep facility in the Gold variant?

    Correct

    Sweep is disabled by default and can be enabled at the customer‘s choice.

    Incorrect

    Sweep is disabled by default and can be enabled at the customer‘s choice.

    Unattempted

    Sweep is disabled by default and can be enabled at the customer‘s choice.

  9. Question 9 of 30
    9. Question

    What is the sweep threshold amount for the Gold variant?

    Correct

    The Gold variant has a sweep threshold of Rs. 5 lakh.

    Incorrect

    The Gold variant has a sweep threshold of Rs. 5 lakh.

    Unattempted

    The Gold variant has a sweep threshold of Rs. 5 lakh.

  10. Question 10 of 30
    10. Question

    What is the sweep threshold amount for the Diamond variant?

    Correct

    The Diamond variant has a sweep threshold of Rs. 10 lakh.

    Incorrect

    The Diamond variant has a sweep threshold of Rs. 10 lakh.

    Unattempted

    The Diamond variant has a sweep threshold of Rs. 10 lakh.

  11. Question 11 of 30
    11. Question

    What is the permitted tenor range for funds placed through the sweep facility?

    Correct

    Customers can choose a period from 7 days to 1 year.

    Incorrect

    Customers can choose a period from 7 days to 1 year.

    Unattempted

    Customers can choose a period from 7 days to 1 year.

  12. Question 12 of 30
    12. Question

    In what multiples can the sweep amount be maintained?

    Correct

    The sweep amount is available in multiples of Rs. 50,000.

    Incorrect

    The sweep amount is available in multiples of Rs. 50,000.

    Unattempted

    The sweep amount is available in multiples of Rs. 50,000.

  13. Question 13 of 30
    13. Question

    How many times can sweep-out take place in a month as per the customer‘s mandate?

    Correct

    Sweep-out shall take place four times in a month as per the customer‘s mandate.

    Incorrect

    Sweep-out shall take place four times in a month as per the customer‘s mandate.

    Unattempted

    Sweep-out shall take place four times in a month as per the customer‘s mandate.

  14. Question 14 of 30
    14. Question

    What happens if a selected sweep-out date other than the last day of the month is a holiday?

    Correct

    If the selected date is a holiday, the sweep-out occurs on the next working day.

    Incorrect

    If the selected date is a holiday, the sweep-out occurs on the next working day.

    Unattempted

    If the selected date is a holiday, the sweep-out occurs on the next working day.

  15. Question 15 of 30
    15. Question

    If the last date of a month is non-existent or a holiday, when is the sweep-out made?

    Correct

    The sweep-out is made on the next working day in the next month, and it is not counted toward that next month‘s four sweep-outs.

    Incorrect

    The sweep-out is made on the next working day in the next month, and it is not counted toward that next month‘s four sweep-outs.

    Unattempted

    The sweep-out is made on the next working day in the next month, and it is not counted toward that next month‘s four sweep-outs.

  16. Question 16 of 30
    16. Question

    What is the charge for RTGS, NEFT and IMPS through all modes, excluding bulk transactions?

    Correct

    RTGS, NEFT and IMPS are free through all modes, excluding bulk transactions.

    Incorrect

    RTGS, NEFT and IMPS are free through all modes, excluding bulk transactions.

    Unattempted

    RTGS, NEFT and IMPS are free through all modes, excluding bulk transactions.

  17. Question 17 of 30
    17. Question

    What are the folio charges under the Smart Banking Current Account Scheme?

    Correct

    Folio charges are free under the scheme.

    Incorrect

    Folio charges are free under the scheme.

    Unattempted

    Folio charges are free under the scheme.

  18. Question 18 of 30
    18. Question

    How many cheque leaves are free per month under the Gold variant?

    Correct

    Gold provides 100 free cheque leaves per month.

    Incorrect

    Gold provides 100 free cheque leaves per month.

    Unattempted

    Gold provides 100 free cheque leaves per month.

  19. Question 19 of 30
    19. Question

    How many cheque leaves are free per month under the Diamond variant?

    Correct

    Diamond provides 200 free cheque leaves per month.

    Incorrect

    Diamond provides 200 free cheque leaves per month.

    Unattempted

    Diamond provides 200 free cheque leaves per month.

  20. Question 20 of 30
    20. Question

    How many cheque leaves are free per month under the Platinum variant?

    Correct

    Platinum provides 500 free cheque leaves per month.

    Incorrect

    Platinum provides 500 free cheque leaves per month.

    Unattempted

    Platinum provides 500 free cheque leaves per month.

  21. Question 21 of 30
    21. Question

    How many Demand Drafts are free per quarter under the Gold variant?

    Correct

    Gold provides 12 free Demand Drafts in a quarter.

    Incorrect

    Gold provides 12 free Demand Drafts in a quarter.

    Unattempted

    Gold provides 12 free Demand Drafts in a quarter.

  22. Question 22 of 30
    22. Question

    How many Demand Drafts are free per quarter under the Diamond variant?

    Correct

    Diamond provides 15 free Demand Drafts in a quarter.

    Incorrect

    Diamond provides 15 free Demand Drafts in a quarter.

    Unattempted

    Diamond provides 15 free Demand Drafts in a quarter.

  23. Question 23 of 30
    23. Question

    How many Demand Drafts are free per quarter under the Platinum variant?

    Correct

    Platinum provides 25 free Demand Drafts in a quarter.

    Incorrect

    Platinum provides 25 free Demand Drafts in a quarter.

    Unattempted

    Platinum provides 25 free Demand Drafts in a quarter.

  24. Question 24 of 30
    24. Question

    What is the free cash deposit limit for Gold, subject to the stated maximum cap?

    Correct

    Gold allows free cash deposits up to Rs. 30 lakh per month or 10 times the maintained MAB, whichever is higher, subject to the Rs. 2 crore maximum cap.

    Incorrect

    Gold allows free cash deposits up to Rs. 30 lakh per month or 10 times the maintained MAB, whichever is higher, subject to the Rs. 2 crore maximum cap.

    Unattempted

    Gold allows free cash deposits up to Rs. 30 lakh per month or 10 times the maintained MAB, whichever is higher, subject to the Rs. 2 crore maximum cap.

  25. Question 25 of 30
    25. Question

    What is the base free cash deposit limit for Diamond?

    Correct

    Diamond allows free cash deposits up to Rs. 50 lakh per month or 10 times MAB, whichever is higher, subject to the Rs. 2 crore cap.

    Incorrect

    Diamond allows free cash deposits up to Rs. 50 lakh per month or 10 times MAB, whichever is higher, subject to the Rs. 2 crore cap.

    Unattempted

    Diamond allows free cash deposits up to Rs. 50 lakh per month or 10 times MAB, whichever is higher, subject to the Rs. 2 crore cap.

  26. Question 26 of 30
    26. Question

    What is the base free cash deposit limit for Platinum?

    Correct

    Platinum allows free cash deposits up to Rs. 100 lakh per month or 10 times MAB, whichever is higher, subject to the Rs. 2 crore cap.

    Incorrect

    Platinum allows free cash deposits up to Rs. 100 lakh per month or 10 times MAB, whichever is higher, subject to the Rs. 2 crore cap.

    Unattempted

    Platinum allows free cash deposits up to Rs. 100 lakh per month or 10 times MAB, whichever is higher, subject to the Rs. 2 crore cap.

  27. Question 27 of 30
    27. Question

    What monthly rental waiver is provided for POS under the Gold variant?

    Correct

    Gold provides a 25% waiver on POS monthly rental, with free installation.

    Incorrect

    Gold provides a 25% waiver on POS monthly rental, with free installation.

    Unattempted

    Gold provides a 25% waiver on POS monthly rental, with free installation.

  28. Question 28 of 30
    28. Question

    How many POS terminals receive 100% monthly rental waiver under the Diamond variant?

    Correct

    Diamond provides a 100% monthly rental waiver for one POS.

    Incorrect

    Diamond provides a 100% monthly rental waiver for one POS.

    Unattempted

    Diamond provides a 100% monthly rental waiver for one POS.

  29. Question 29 of 30
    29. Question

    How many POS terminals receive 100% monthly rental waiver under the Platinum variant?

    Correct

    Platinum provides a 100% monthly rental waiver for two POS terminals.

    Incorrect

    Platinum provides a 100% monthly rental waiver for two POS terminals.

    Unattempted

    Platinum provides a 100% monthly rental waiver for two POS terminals.

  30. Question 30 of 30
    30. Question

    What annual discount on one small locker is available under the Platinum variant?

    Correct

    Platinum provides a 50% discount on the rent of one small locker every year.

    Incorrect

    Platinum provides a 50% discount on the rent of one small locker every year.

    Unattempted

    Platinum provides a 50% discount on the rent of one small locker every year.


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