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Your results are here!! for" PNB NRO SUGAM TERM DEPOSIT SCHEME "
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Question 1 of 10
1. Question
Who is eligible to open an NRO Sugam Term Deposit account?
Correct
Any Non-Resident Indian (NRI) or Person of Indian Origin (PIO) can open an NRO Sugam Term Deposit account.
Incorrect
Any Non-Resident Indian (NRI) or Person of Indian Origin (PIO) can open an NRO Sugam Term Deposit account.
Unattempted
Any Non-Resident Indian (NRI) or Person of Indian Origin (PIO) can open an NRO Sugam Term Deposit account.
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Question 2 of 10
2. Question
Can an NRO Sugam Term Deposit account be opened by a Power of Attorney holder in India on behalf of the non-resident account holder?
Correct
The account should be opened by the non-resident account holder himself and not by a Power of Attorney holder in India.
Incorrect
The account should be opened by the non-resident account holder himself and not by a Power of Attorney holder in India.
Unattempted
The account should be opened by the non-resident account holder himself and not by a Power of Attorney holder in India.
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Question 3 of 10
3. Question
On what basis can an NRO Sugam Term Deposit account be held jointly with a resident?
Correct
A joint NRO account with residents is permitted only on a ‘former or survivor‘ basis.
Incorrect
A joint NRO account with residents is permitted only on a ‘former or survivor‘ basis.
Unattempted
A joint NRO account with residents is permitted only on a ‘former or survivor‘ basis.
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Question 4 of 10
4. Question
In whose favour is nomination allowed under the NRO Sugam Term Deposit Account?
Correct
Nomination is allowed in favour of either a Resident or a Non-Resident.
Incorrect
Nomination is allowed in favour of either a Resident or a Non-Resident.
Unattempted
Nomination is allowed in favour of either a Resident or a Non-Resident.
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Question 5 of 10
5. Question
What is the minimum deposit amount under the PNB NRO Sugam Term Deposit Scheme?
Correct
The minimum deposit amount is Rs. 10,000, with subsequent amounts in multiples of Re. 1.
Incorrect
The minimum deposit amount is Rs. 10,000, with subsequent amounts in multiples of Re. 1.
Unattempted
The minimum deposit amount is Rs. 10,000, with subsequent amounts in multiples of Re. 1.
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Question 6 of 10
6. Question
What is the maximum deposit amount allowed under the PNB NRO Sugam Term Deposit Scheme?
Correct
The maximum deposit amount under the scheme is Rs. 10 crore.
Incorrect
The maximum deposit amount under the scheme is Rs. 10 crore.
Unattempted
The maximum deposit amount under the scheme is Rs. 10 crore.
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Question 7 of 10
7. Question
What is the minimum period for an NRO Sugam Term Deposit?
Correct
The deposit period can be from 46 days to 120 months, including incomplete quarters.
Incorrect
The deposit period can be from 46 days to 120 months, including incomplete quarters.
Unattempted
The deposit period can be from 46 days to 120 months, including incomplete quarters.
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Question 8 of 10
8. Question
If a deposit falls below Rs. 2 crore due to partial withdrawal, which interest rate becomes applicable?
Correct
If the principal falls below Rs. 2 crore due to partial withdrawal, the rate applicable to deposits below Rs. 2 crore applies from the date of withdrawal.
Incorrect
If the principal falls below Rs. 2 crore due to partial withdrawal, the rate applicable to deposits below Rs. 2 crore applies from the date of withdrawal.
Unattempted
If the principal falls below Rs. 2 crore due to partial withdrawal, the rate applicable to deposits below Rs. 2 crore applies from the date of withdrawal.
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Question 9 of 10
9. Question
Is additional interest applicable to NRO deposits held in the name of staff members or senior citizens?
Correct
No additional interest is paid on NRO deposits in the name of existing or retired staff members or senior citizens.
Incorrect
No additional interest is paid on NRO deposits in the name of existing or retired staff members or senior citizens.
Unattempted
No additional interest is paid on NRO deposits in the name of existing or retired staff members or senior citizens.
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Question 10 of 10
10. Question
At which branch can a customer request Demand Loan/OD, conversion, change of option or change of base branch before maturity?
Correct
Any such request received before maturity is entertained only at the base branch.
Incorrect
Any such request received before maturity is entertained only at the base branch.
Unattempted
Any such request received before maturity is entertained only at the base branch.