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Your results are here!! for" PNB PRANAM FIXED DEPOSIT SCHEME "
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Question 1 of 10
1. Question
What is the minimum age for eligibility under the PNB PRANAM Fixed Deposit Scheme?
Correct
The scheme is applicable to individuals aged 55 years and above, up to 60 years at the time of opening.
Incorrect
The scheme is applicable to individuals aged 55 years and above, up to 60 years at the time of opening.
Unattempted
The scheme is applicable to individuals aged 55 years and above, up to 60 years at the time of opening.
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Question 2 of 10
2. Question
What is the minimum deposit amount under the PNB PRANAM Fixed Deposit Scheme?
Correct
The minimum deposit amount is Rs. 100, with subsequent deposits in multiples of Re. 1.
Incorrect
The minimum deposit amount is Rs. 100, with subsequent deposits in multiples of Re. 1.
Unattempted
The minimum deposit amount is Rs. 100, with subsequent deposits in multiples of Re. 1.
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Question 3 of 10
3. Question
What is the maximum deposit amount allowed under the PNB PRANAM Fixed Deposit Scheme?
Correct
The maximum deposit amount is Rs. 2,99,99,999.
Incorrect
The maximum deposit amount is Rs. 2,99,99,999.
Unattempted
The maximum deposit amount is Rs. 2,99,99,999.
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Question 4 of 10
4. Question
What is the maximum period of deposit under the PNB PRANAM Fixed Deposit Scheme?
Correct
The deposit period can extend up to a maximum of 10 years.
Incorrect
The deposit period can extend up to a maximum of 10 years.
Unattempted
The deposit period can extend up to a maximum of 10 years.
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Question 5 of 10
5. Question
Under the PRANAM scheme, when must the account holder attain Senior Citizen status during the tenor of the deposit?
Correct
Under both Income and Maturity options, the account holder must attain Senior Citizen status, meaning the age of 60 years, during the deposit tenor.
Incorrect
Under both Income and Maturity options, the account holder must attain Senior Citizen status, meaning the age of 60 years, during the deposit tenor.
Unattempted
Under both Income and Maturity options, the account holder must attain Senior Citizen status, meaning the age of 60 years, during the deposit tenor.
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Question 6 of 10
6. Question
What additional interest rate is applicable from the date the depositor attains Senior Citizen status, as presently specified in the scheme?
Correct
The scheme provides an additional interest rate of 0.50% from the date the depositor attains the status of Senior Citizen.
Incorrect
The scheme provides an additional interest rate of 0.50% from the date the depositor attains the status of Senior Citizen.
Unattempted
The scheme provides an additional interest rate of 0.50% from the date the depositor attains the status of Senior Citizen.
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Question 7 of 10
7. Question
Under the Income Option, how is interest payable quarterly?
Correct
Under the Income Option, interest is payable quarterly at a simple rate of interest or monthly at a discounted rate, according to the depositor‘s choice.
Incorrect
Under the Income Option, interest is payable quarterly at a simple rate of interest or monthly at a discounted rate, according to the depositor‘s choice.
Unattempted
Under the Income Option, interest is payable quarterly at a simple rate of interest or monthly at a discounted rate, according to the depositor‘s choice.
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Question 8 of 10
8. Question
Under the Maturity Option, how is interest compounded?
Correct
Under the Maturity Option, interest is compounded on a quarterly basis and is payable on maturity.
Incorrect
Under the Maturity Option, interest is compounded on a quarterly basis and is payable on maturity.
Unattempted
Under the Maturity Option, interest is compounded on a quarterly basis and is payable on maturity.
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Question 9 of 10
9. Question
What is the minimum deposit amount eligible for Demand Loan/Overdraft facility under the PRANAM scheme?
Correct
Deposits of Rs. 10,000 and above are eligible for Demand Loan/Overdraft facility on written request, subject to applicable guidelines.
Incorrect
Deposits of Rs. 10,000 and above are eligible for Demand Loan/Overdraft facility on written request, subject to applicable guidelines.
Unattempted
Deposits of Rs. 10,000 and above are eligible for Demand Loan/Overdraft facility on written request, subject to applicable guidelines.
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Question 10 of 10
10. Question
For which account holders is the overdraft facility not available under the PRANAM scheme?
Correct
The overdraft facility is not available for an account opened in the name of an illiterate or blind person.
Incorrect
The overdraft facility is not available for an account opened in the name of an illiterate or blind person.
Unattempted
The overdraft facility is not available for an account opened in the name of an illiterate or blind person.