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Your results are here!! for" PNB SUGAM FIXED DEPOSIT SCHEME "
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Question 1 of 10
1. Question
What is the minimum deposit amount under the PNB Sugam Fixed Deposit Scheme?
Correct
The minimum deposit amount under the PNB Sugam Fixed Deposit Scheme is Rs. 10,000.
Incorrect
The minimum deposit amount under the PNB Sugam Fixed Deposit Scheme is Rs. 10,000.
Unattempted
The minimum deposit amount under the PNB Sugam Fixed Deposit Scheme is Rs. 10,000.
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Question 2 of 10
2. Question
What is the maximum deposit amount allowed per customer under the PNB Sugam Fixed Deposit Scheme?
Correct
The maximum deposit amount under the scheme is up to Rs. 10 lakh per customer.
Incorrect
The maximum deposit amount under the scheme is up to Rs. 10 lakh per customer.
Unattempted
The maximum deposit amount under the scheme is up to Rs. 10 lakh per customer.
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Question 3 of 10
3. Question
What is the minimum period for which a deposit can be made under the PNB Sugam Fixed Deposit Scheme?
Correct
The deposit period under the scheme starts from 46 days.
Incorrect
The deposit period under the scheme starts from 46 days.
Unattempted
The deposit period under the scheme starts from 46 days.
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Question 4 of 10
4. Question
What is the maximum period of deposit under the PNB Sugam Fixed Deposit Scheme?
Correct
The scheme permits deposits for a maximum period of 120 months.
Incorrect
The scheme permits deposits for a maximum period of 120 months.
Unattempted
The scheme permits deposits for a maximum period of 120 months.
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Question 5 of 10
5. Question
Under the PNB Sugam Fixed Deposit Scheme, in what manner can the depositor receive interest?
Correct
The depositor can choose to receive interest monthly, quarterly, or on maturity.
Incorrect
The depositor can choose to receive interest monthly, quarterly, or on maturity.
Unattempted
The depositor can choose to receive interest monthly, quarterly, or on maturity.
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Question 6 of 10
6. Question
For the cumulative Sugam Scheme, how is interest paid when the deposit remains with the bank for 6 months or more?
Correct
For cumulative Sugam deposits held for 6 months and above, interest is compounded with quarterly rests.
Incorrect
For cumulative Sugam deposits held for 6 months and above, interest is compounded with quarterly rests.
Unattempted
For cumulative Sugam deposits held for 6 months and above, interest is compounded with quarterly rests.
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Question 7 of 10
7. Question
What is the minimum amount that can be withdrawn at a time through part withdrawal under the PNB Sugam Fixed Deposit Scheme?
Correct
Part withdrawal is permitted in multiples of Rs. 1, subject to a minimum withdrawal of Rs. 1,000 at a time.
Incorrect
Part withdrawal is permitted in multiples of Rs. 1, subject to a minimum withdrawal of Rs. 1,000 at a time.
Unattempted
Part withdrawal is permitted in multiples of Rs. 1, subject to a minimum withdrawal of Rs. 1,000 at a time.
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Question 8 of 10
8. Question
What happens to the remaining deposit when a depositor makes a permitted part withdrawal before maturity?
Correct
The depositor can withdraw part of the deposit without breaking the entire deposit and without losing interest on the remaining deposit.
Incorrect
The depositor can withdraw part of the deposit without breaking the entire deposit and without losing interest on the remaining deposit.
Unattempted
The depositor can withdraw part of the deposit without breaking the entire deposit and without losing interest on the remaining deposit.
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Question 9 of 10
9. Question
If the depositor withdraws the entire deposit before maturity, which interest rate is payable under the scheme?
Correct
In case of complete premature withdrawal, the interest payable is the contractual rate or the applicable scheme rate for the tenor completed, whichever is lower.
Incorrect
In case of complete premature withdrawal, the interest payable is the contractual rate or the applicable scheme rate for the tenor completed, whichever is lower.
Unattempted
In case of complete premature withdrawal, the interest payable is the contractual rate or the applicable scheme rate for the tenor completed, whichever is lower.
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Question 10 of 10
10. Question
What is the revised limit allowed for conversion under the PNB Sugam Fixed Deposit Scheme?
Correct
Conversion is allowed up to the revised limit of Rs. 10 lakh.
Incorrect
Conversion is allowed up to the revised limit of Rs. 10 lakh.
Unattempted
Conversion is allowed up to the revised limit of Rs. 10 lakh.