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Your results are here!! for" PNB SF Prudent Sweep Deposit Scheme For Individuals "
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Question 1 of 10
1. Question
Who can open an account under the PNB SF Prudent Sweep Deposit Scheme for Individuals?
Correct
The scheme is available only to individuals.
Incorrect
The scheme is available only to individuals.
Unattempted
The scheme is available only to individuals.
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Question 2 of 10
2. Question
What is the initial deposit or minimum quarterly average balance required under the PNB SF Prudent Sweep Deposit Scheme?
Correct
The initial deposit/minimum quarterly average balance required is Rs. 25,000.
Incorrect
The initial deposit/minimum quarterly average balance required is Rs. 25,000.
Unattempted
The initial deposit/minimum quarterly average balance required is Rs. 25,000.
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Question 3 of 10
3. Question
What are the charges for not maintaining the quarterly average balance under the scheme?
Correct
The charges for not maintaining the quarterly average balance are NIL.
Incorrect
The charges for not maintaining the quarterly average balance are NIL.
Unattempted
The charges for not maintaining the quarterly average balance are NIL.
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Question 4 of 10
4. Question
At what savings account balance does the sweep in and sweep out process operate under the scheme?
Correct
Sweep in and out takes place after the cut-off level of Rs. 50,000, when the balance is over Rs. 50,000.
Incorrect
Sweep in and out takes place after the cut-off level of Rs. 50,000, when the balance is over Rs. 50,000.
Unattempted
Sweep in and out takes place after the cut-off level of Rs. 50,000, when the balance is over Rs. 50,000.
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Question 5 of 10
5. Question
What is the minimum amount for sweep-out or sweep-in under the PNB SF Prudent Sweep Deposit Scheme?
Correct
The minimum sweep-out/sweep-in amount is Rs. 5,000, with subsequent amounts in multiples of Rs. 5,000.
Incorrect
The minimum sweep-out/sweep-in amount is Rs. 5,000, with subsequent amounts in multiples of Rs. 5,000.
Unattempted
The minimum sweep-out/sweep-in amount is Rs. 5,000, with subsequent amounts in multiples of Rs. 5,000.
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Question 6 of 10
6. Question
What is the minimum period for which FDRs can be issued under the scheme?
Correct
FDRs under the scheme can be issued for a minimum period of 46 days.
Incorrect
FDRs under the scheme can be issued for a minimum period of 46 days.
Unattempted
FDRs under the scheme can be issued for a minimum period of 46 days.
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Question 7 of 10
7. Question
What is the maximum period for which FDRs can be issued under the scheme?
Correct
FDRs under the scheme can be issued for a maximum period of 179 days.
Incorrect
FDRs under the scheme can be issued for a maximum period of 179 days.
Unattempted
FDRs under the scheme can be issued for a maximum period of 179 days.
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Question 8 of 10
8. Question
How frequently will sweep-out take place under the PNB SF Prudent Sweep Deposit Scheme?
Correct
Sweep-out will take place on a daily basis.
Incorrect
Sweep-out will take place on a daily basis.
Unattempted
Sweep-out will take place on a daily basis.
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Question 9 of 10
9. Question
On which basis will funds be swept in, meaning cancellation of Fixed Deposit, when required?
Correct
In case of need, the Fixed Deposit is cancelled on a Last In First Out (LIFO) basis.
Incorrect
In case of need, the Fixed Deposit is cancelled on a Last In First Out (LIFO) basis.
Unattempted
In case of need, the Fixed Deposit is cancelled on a Last In First Out (LIFO) basis.
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Question 10 of 10
10. Question
How many remittances and cheque collections are available free in a month under the scheme, up to the specified limit?
Correct
Two remittances and collection of cheques of any type up to Rs. 25,000 in a month are provided as free facilities.
Incorrect
Two remittances and collection of cheques of any type up to Rs. 25,000 in a month are provided as free facilities.
Unattempted
Two remittances and collection of cheques of any type up to Rs. 25,000 in a month are provided as free facilities.