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Your results are here!! for" PNB MIBOR LINKED NOTICE DEPOSIT SCHEME "
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Question 1 of 10
1. Question
What does the PNB MIBOR Linked Notice Deposit Scheme provide?
Correct
The scheme provides a deposit product with a market-determined interest rate linked to MIBOR (Mumbai Inter Bank Offer Rate), NSE Overnight.
Incorrect
The scheme provides a deposit product with a market-determined interest rate linked to MIBOR (Mumbai Inter Bank Offer Rate), NSE Overnight.
Unattempted
The scheme provides a deposit product with a market-determined interest rate linked to MIBOR (Mumbai Inter Bank Offer Rate), NSE Overnight.
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Question 2 of 10
2. Question
Where is the PNB MIBOR Linked Notice Deposit Scheme applicable?
Correct
The scheme is applicable at CBS branches in Metro Cities only.
Incorrect
The scheme is applicable at CBS branches in Metro Cities only.
Unattempted
The scheme is applicable at CBS branches in Metro Cities only.
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Question 3 of 10
3. Question
Which of the following is eligible for the PNB MIBOR Linked Notice Deposit Scheme?
Correct
Eligible customers include HNIs, companies/corporate bodies, PSUs and commercial organizations.
Incorrect
Eligible customers include HNIs, companies/corporate bodies, PSUs and commercial organizations.
Unattempted
Eligible customers include HNIs, companies/corporate bodies, PSUs and commercial organizations.
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Question 4 of 10
4. Question
What is the minimum deposit amount under the PNB MIBOR Linked Notice Deposit Scheme?
Correct
The scheme requires a single deposit of above Rs. 10 crore, with subsequent deposits in multiples of Re. 1.
Incorrect
The scheme requires a single deposit of above Rs. 10 crore, with subsequent deposits in multiples of Re. 1.
Unattempted
The scheme requires a single deposit of above Rs. 10 crore, with subsequent deposits in multiples of Re. 1.
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Question 5 of 10
5. Question
What is the deposit period under the PNB MIBOR Linked Notice Deposit Scheme?
Correct
The deposit period ranges from a minimum of 7 days to a maximum of 60 days.
Incorrect
The deposit period ranges from a minimum of 7 days to a maximum of 60 days.
Unattempted
The deposit period ranges from a minimum of 7 days to a maximum of 60 days.
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Question 6 of 10
6. Question
How frequently is the interest rate reset under the MIBOR Linked Notice Deposit Scheme?
Correct
The interest rate is linked to MIBOR with a daily reset and is calculated on a simple interest basis.
Incorrect
The interest rate is linked to MIBOR with a daily reset and is calculated on a simple interest basis.
Unattempted
The interest rate is linked to MIBOR with a daily reset and is calculated on a simple interest basis.
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Question 7 of 10
7. Question
What is the notice requirement for premature or part withdrawal under the scheme?
Correct
There is no penalty for premature or part withdrawal, but one clear working day‘s notice is required.
Incorrect
There is no penalty for premature or part withdrawal, but one clear working day‘s notice is required.
Unattempted
There is no penalty for premature or part withdrawal, but one clear working day‘s notice is required.
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Question 8 of 10
8. Question
Is a Demand Loan or Overdraft facility available under the PNB MIBOR Linked Notice Deposit Scheme?
Correct
The Demand Loan/Overdraft facility is specifically stated as not available under the scheme.
Incorrect
The Demand Loan/Overdraft facility is specifically stated as not available under the scheme.
Unattempted
The Demand Loan/Overdraft facility is specifically stated as not available under the scheme.
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Question 9 of 10
9. Question
For how many days is the FDR automatically renewed under the scheme when no contrary instruction is received?
Correct
The system automatically renews the FDR for 14 days under the same scheme until contrary instructions are received.
Incorrect
The system automatically renews the FDR for 14 days under the same scheme until contrary instructions are received.
Unattempted
The system automatically renews the FDR for 14 days under the same scheme until contrary instructions are received.
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Question 10 of 10
10. Question
On what basis is the maturity value calculated for an FDR under the MIBOR Linked Notice Deposit Scheme?
Correct
The maturity value is calculated on the basis of the interest rate applicable on a daily basis using simple interest.
Incorrect
The maturity value is calculated on the basis of the interest rate applicable on a daily basis using simple interest.
Unattempted
The maturity value is calculated on the basis of the interest rate applicable on a daily basis using simple interest.