0 of 10 questions completed
Questions:
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
Information
TOTAL QUESTION: 10
TOTAL TIME= 10 MIN
You have already completed the Test before. Hence you can not start it again.
Test is loading...
You must sign in or sign up to start the Test.
You have to finish following quiz, to start this Test:
Your results are here!! for" PNB TAX SHIELD FIXED DEPOSIT SCHEME "
0 of 10 questions answered correctly
Your time:
Time has elapsed
Your Final Score is : 0
You have attempted : 0
Number of Correct Questions : 0 and scored 0
Number of Incorrect Questions : 0 and Negative marks 0
-
Not categorized
You have attempted: 0
Number of Correct Questions: 0 and scored 0
Number of Incorrect Questions: 0 and Negative marks 0
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- Answered
- Review
-
Question 1 of 10
1. Question
What is the maximum deposit allowed under the PNB Tax Shield Fixed Deposit Scheme in a financial year?
Correct
The maximum deposit allowed is Rs. 1.50 lakh per financial year.
Incorrect
The maximum deposit allowed is Rs. 1.50 lakh per financial year.
Unattempted
The maximum deposit allowed is Rs. 1.50 lakh per financial year.
-
Question 2 of 10
2. Question
What is the minimum deposit amount under the PNB Tax Shield Fixed Deposit Scheme?
Correct
The minimum deposit is Rs. 100 or multiples thereof.
Incorrect
The minimum deposit is Rs. 100 or multiples thereof.
Unattempted
The minimum deposit is Rs. 100 or multiples thereof.
-
Question 3 of 10
3. Question
What is the tenure of the term deposit under the PNB Tax Shield Fixed Deposit Scheme?
Correct
The tenure of the term deposit is fixed at 5 years.
Incorrect
The tenure of the term deposit is fixed at 5 years.
Unattempted
The tenure of the term deposit is fixed at 5 years.
-
Question 4 of 10
4. Question
What is the lock-in period under the PNB Tax Shield Fixed Deposit Scheme?
Correct
The lock-in period under the scheme is 5 years.
Incorrect
The lock-in period under the scheme is 5 years.
Unattempted
The lock-in period under the scheme is 5 years.
-
Question 5 of 10
5. Question
In a joint deposit, to whom is the deduction under Section 80C available?
Correct
In the case of a joint holder deposit, the deduction from income under Section 80C is available only to the first holder.
Incorrect
In the case of a joint holder deposit, the deduction from income under Section 80C is available only to the first holder.
Unattempted
In the case of a joint holder deposit, the deduction from income under Section 80C is available only to the first holder.
-
Question 6 of 10
6. Question
Which interest option allows interest to be paid on a monthly, quarterly, half-yearly or yearly basis?
Correct
The Income Option provides for payment of interest on a monthly, quarterly, half-yearly or yearly basis.
Incorrect
The Income Option provides for payment of interest on a monthly, quarterly, half-yearly or yearly basis.
Unattempted
The Income Option provides for payment of interest on a monthly, quarterly, half-yearly or yearly basis.
-
Question 7 of 10
7. Question
Under the Maturity Option, how is the interest compounded?
Correct
Under the Maturity Option, interest is compounded on a quarterly basis and is payable only on maturity.
Incorrect
Under the Maturity Option, interest is compounded on a quarterly basis and is payable only on maturity.
Unattempted
Under the Maturity Option, interest is compounded on a quarterly basis and is payable only on maturity.
-
Question 8 of 10
8. Question
What additional interest rate is applicable to a Senior Citizen under the scheme, as specified in the provided features?
Correct
Senior Citizens receive an additional interest rate of 0.50%, subject to change as per bank guidelines.
Incorrect
Senior Citizens receive an additional interest rate of 0.50%, subject to change as per bank guidelines.
Unattempted
Senior Citizens receive an additional interest rate of 0.50%, subject to change as per bank guidelines.
-
Question 9 of 10
9. Question
Can a PNB Tax Saver Fixed Deposit be used as collateral security for a loan?
Correct
The term deposit cannot be liened or pledged for securing a loan, and the PNB Tax Saver Fixed Deposit will not be accepted as collateral security.
Incorrect
The term deposit cannot be liened or pledged for securing a loan, and the PNB Tax Saver Fixed Deposit will not be accepted as collateral security.
Unattempted
The term deposit cannot be liened or pledged for securing a loan, and the PNB Tax Saver Fixed Deposit will not be accepted as collateral security.
-
Question 10 of 10
10. Question
Is premature cancellation or part withdrawal allowed before completion of the 5-year lock-in period?
Correct
Premature cancellation or part withdrawal before the 5-year lock-in period is generally not allowed. An exception applies in case of the depositor‘s death, subject to rules.
Incorrect
Premature cancellation or part withdrawal before the 5-year lock-in period is generally not allowed. An exception applies in case of the depositor‘s death, subject to rules.
Unattempted
Premature cancellation or part withdrawal before the 5-year lock-in period is generally not allowed. An exception applies in case of the depositor‘s death, subject to rules.