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TOTAL QUESTION: 20
TOTAL TIME= 20 MIN
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Your results are here!! for" Growth Saving Account "
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Question 1 of 20
1. Question
Who is eligible to open a Growth Saving Account?
Correct
Any individual above 18 years of age is eligible.
Incorrect
Any individual above 18 years of age is eligible.
Unattempted
Any individual above 18 years of age is eligible.
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Question 2 of 20
2. Question
What is the minimum monthly average balance required for availing benefits under the Growth Saving Account?
Correct
The minimum monthly average balance required is ₹25,000.
Incorrect
The minimum monthly average balance required is ₹25,000.
Unattempted
The minimum monthly average balance required is ₹25,000.
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Question 3 of 20
3. Question
What is the Personal Accidental Insurance (PAI) cover under the Growth Saving Account?
Correct
The PAI cover is ₹10 lakh.
Incorrect
The PAI cover is ₹10 lakh.
Unattempted
The PAI cover is ₹10 lakh.
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Question 4 of 20
4. Question
What is the Air Accidental Insurance (AAI) cover under the Growth Saving Account?
Correct
The AAI cover is ₹20 lakh.
Incorrect
The AAI cover is ₹20 lakh.
Unattempted
The AAI cover is ₹20 lakh.
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Question 5 of 20
5. Question
What is the cover amount for Permanent Total Disability (PTD)?
Correct
The PTD cover is ₹10 lakh.
Incorrect
The PTD cover is ₹10 lakh.
Unattempted
The PTD cover is ₹10 lakh.
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Question 6 of 20
6. Question
What is the maximum cover available for Permanent Partial Disability (PPD)?
Correct
PPD is covered up to ₹5 lakh, subject to the applicable GPA Schedule and other stated conditions.
Incorrect
PPD is covered up to ₹5 lakh, subject to the applicable GPA Schedule and other stated conditions.
Unattempted
PPD is covered up to ₹5 lakh, subject to the applicable GPA Schedule and other stated conditions.
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Question 7 of 20
7. Question
What percentage of the entitled PAI cover is available for the Higher Education add-on benefit?
Correct
The Higher Education benefit is 25% of the entitled PAI cover, subject to the stated maximum.
Incorrect
The Higher Education benefit is 25% of the entitled PAI cover, subject to the stated maximum.
Unattempted
The Higher Education benefit is 25% of the entitled PAI cover, subject to the stated maximum.
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Question 8 of 20
8. Question
What is the maximum aggregate Higher Education benefit under the Growth Saving Account?
Correct
The Higher Education benefit is capped at ₹5 lakh in aggregate for 3 years.
Incorrect
The Higher Education benefit is capped at ₹5 lakh in aggregate for 3 years.
Unattempted
The Higher Education benefit is capped at ₹5 lakh in aggregate for 3 years.
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Question 9 of 20
9. Question
What percentage of the PAI cover is available as the Girl Child Marriage Cover?
Correct
The Girl Child Marriage Cover is 10% of the PAI cover, subject to the stated maximum.
Incorrect
The Girl Child Marriage Cover is 10% of the PAI cover, subject to the stated maximum.
Unattempted
The Girl Child Marriage Cover is 10% of the PAI cover, subject to the stated maximum.
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Question 10 of 20
10. Question
What amount is provided for ambulance charges under the add-on benefits linked to PAI?
Correct
Ambulance charges are covered up to ₹10,000.
Incorrect
Ambulance charges are covered up to ₹10,000.
Unattempted
Ambulance charges are covered up to ₹10,000.
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Question 11 of 20
11. Question
What amount is provided for funeral expenses under the add-on benefits linked to PAI?
Correct
Funeral expenses are covered up to ₹10,000.
Incorrect
Funeral expenses are covered up to ₹10,000.
Unattempted
Funeral expenses are covered up to ₹10,000.
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Question 12 of 20
12. Question
What is the lost baggage protection insurance amount for domestic air travel?
Correct
Lost baggage protection for domestic air travel is ₹25,000.
Incorrect
Lost baggage protection for domestic air travel is ₹25,000.
Unattempted
Lost baggage protection for domestic air travel is ₹25,000.
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Question 13 of 20
13. Question
Up to what age are PAI and other linked benefits available under the Growth Saving Account?
Correct
PAI and other linked benefits are available up to the age of 69 years only.
Incorrect
PAI and other linked benefits are available up to the age of 69 years only.
Unattempted
PAI and other linked benefits are available up to the age of 69 years only.
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Question 14 of 20
14. Question
How many cheque leaves are free per year under the Growth Saving Account?
Correct
The account provides 100 free cheque leaves per year.
Incorrect
The account provides 100 free cheque leaves per year.
Unattempted
The account provides 100 free cheque leaves per year.
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Question 15 of 20
15. Question
What are the online RTGS/NEFT charges under the Growth Saving Account?
Correct
Online RTGS/NEFT charges are NIL.
Incorrect
Online RTGS/NEFT charges are NIL.
Unattempted
Online RTGS/NEFT charges are NIL.
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Question 16 of 20
16. Question
What concession is available on processing charges/upfront fee for Housing Loan or Vehicle Loan?
Correct
A 25% waiver is available on the processing charges/upfront fee.
Incorrect
A 25% waiver is available on the processing charges/upfront fee.
Unattempted
A 25% waiver is available on the processing charges/upfront fee.
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Question 17 of 20
17. Question
Which debit card is provided under the Growth Saving Account?
Correct
The debit card provided is the Excel Debit Card.
Incorrect
The debit card provided is the Excel Debit Card.
Unattempted
The debit card provided is the Excel Debit Card.
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Question 18 of 20
18. Question
What is the cash withdrawal limit on the Growth Saving Account debit card?
Correct
The cash withdrawal limit is ₹1.5 lakh.
Incorrect
The cash withdrawal limit is ₹1.5 lakh.
Unattempted
The cash withdrawal limit is ₹1.5 lakh.
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Question 19 of 20
19. Question
What is the combined E-commerce/POS transaction limit on the Growth Saving Account debit card?
Correct
The combined E-commerce/POS limit is ₹5 lakh.
Incorrect
The combined E-commerce/POS limit is ₹5 lakh.
Unattempted
The combined E-commerce/POS limit is ₹5 lakh.
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Question 20 of 20
20. Question
What happens if the required MAB is not maintained under the Growth Saving Account?
Correct
No MAB charges are levied, but freebies and concessions related to the scheme will be withdrawn.
Incorrect
No MAB charges are levied, but freebies and concessions related to the scheme will be withdrawn.
Unattempted
No MAB charges are levied, but freebies and concessions related to the scheme will be withdrawn.