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Your results are here!! for" PNB NRE RUPEE SUGAM TERM DEPOSIT SCHEME "
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Question 1 of 10
1. Question
Who is eligible to open an NRE Rupee Sugam Term Deposit?
Correct
The scheme is available to NRIs who are individuals, either singly or jointly.
Incorrect
The scheme is available to NRIs who are individuals, either singly or jointly.
Unattempted
The scheme is available to NRIs who are individuals, either singly or jointly.
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Question 2 of 10
2. Question
What is the minimum deposit amount under the PNB NRE Rupee Sugam Term Deposit Scheme?
Correct
The minimum deposit amount is Rs. 10,000.
Incorrect
The minimum deposit amount is Rs. 10,000.
Unattempted
The minimum deposit amount is Rs. 10,000.
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Question 3 of 10
3. Question
What is the maximum deposit amount allowed under the scheme?
Correct
There is no maximum limit on the deposit amount under the scheme.
Incorrect
There is no maximum limit on the deposit amount under the scheme.
Unattempted
There is no maximum limit on the deposit amount under the scheme.
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Question 4 of 10
4. Question
What is the minimum period of deposit under the PNB NRE Rupee Sugam Term Deposit Scheme?
Correct
The minimum deposit period is one year.
Incorrect
The minimum deposit period is one year.
Unattempted
The minimum deposit period is one year.
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Question 5 of 10
5. Question
What is the maximum period of deposit under the scheme?
Correct
The maximum deposit period under the scheme is 10 years.
Incorrect
The maximum deposit period under the scheme is 10 years.
Unattempted
The maximum deposit period under the scheme is 10 years.
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Question 6 of 10
6. Question
In what multiples can the depositor withdraw an amount before maturity?
Correct
The depositor may withdraw any amount before maturity in multiples of Rs. 1,000.
Incorrect
The depositor may withdraw any amount before maturity in multiples of Rs. 1,000.
Unattempted
The depositor may withdraw any amount before maturity in multiples of Rs. 1,000.
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Question 7 of 10
7. Question
What minimum residual amount must remain in the fixed deposit after a part withdrawal?
Correct
After a part withdrawal, the residual amount of the fixed deposit should not fall below Rs. 10,000.
Incorrect
After a part withdrawal, the residual amount of the fixed deposit should not fall below Rs. 10,000.
Unattempted
After a part withdrawal, the residual amount of the fixed deposit should not fall below Rs. 10,000.
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Question 8 of 10
8. Question
If the withdrawn part of the deposit has not completed the minimum stipulated maturity period of one year, what interest is paid on the withdrawn amount?
Correct
If the withdrawn amount has not run for the minimum stipulated maturity slab of one year, no interest is paid on that withdrawn amount.
Incorrect
If the withdrawn amount has not run for the minimum stipulated maturity slab of one year, no interest is paid on that withdrawn amount.
Unattempted
If the withdrawn amount has not run for the minimum stipulated maturity slab of one year, no interest is paid on that withdrawn amount.
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Question 9 of 10
9. Question
What type of interest compounding applies to deposits under the scheme?
Correct
The deposits earn interest with quarterly rests, subject to prevailing RBI directives.
Incorrect
The deposits earn interest with quarterly rests, subject to prevailing RBI directives.
Unattempted
The deposits earn interest with quarterly rests, subject to prevailing RBI directives.
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Question 10 of 10
10. Question
Under the Income Option, where is the interest credited?
Correct
Under the Income Option, interest can be drawn monthly or quarterly, but it is credited only to the depositor‘s NRE/NRO savings account.
Incorrect
Under the Income Option, interest can be drawn monthly or quarterly, but it is credited only to the depositor‘s NRE/NRO savings account.
Unattempted
Under the Income Option, interest can be drawn monthly or quarterly, but it is credited only to the depositor‘s NRE/NRO savings account.