Important Banking Awareness Quizzes (Topic Wise) for SBI / IBPS Exams 2017

Important Banking Awareness Quizzes (Topic Wise) for SBI / IBPS Exams 2017:

Dear Readers, Here we have provided the Important Banking Awareness Quizzes based on particular topic, which will help to understand and prepare in a better way. Candidates those who are preparing for upcoming SBI / IBPS Exams 2017 can make use of it.

Small Saving Schemes (Part-1)

1. Which of the following scheme/schemes comes under Small saving schemes of Government of India?.

1). Answer: E

2. One can open Senior Citizen Savings Scheme Account if his/her age is ________.

2). An individual with minimum of 60 years old can open the account and also a person who is retired or under VRS can also open the account if the age is between 55-60 years.
Answer: A

3. Senior Citizen Savings Scheme’s maturity period is 5 years, after the maturity an account holder can extend the scheme for further ________years.

3). After the maturity, an account holder can extend the scheme for further 3 years within one year of maturity by giving application in a prescribed format
Answer: C

4. The minimum deposit required for Senior Citizen Savings Scheme is Rs ________

4). The deposit must be minimum 1000 or multiple of 1000
Answer: B

5. The maximum deposit required for Senior Citizen Savings Scheme is Rs ________

5). Answer: C

6. Under Senior Citizen Savings Scheme premature closure is allowed after ________

6). Premature closure is allowed after 1 year on deduction of an amount equal to 1.5% of the deposit and after 2 years 1% of the deposit
Answer: A

7. Under Senior Citizen Savings Scheme, deposit above Rs ________cannot made in cash.

7). Account can be opened by cash for the amount below Rs 1 lakh and for Rs 1 Lakh and above by cheque only
Answer: D

8. The interest rate under Sukanya Samriddhi Scheme is ________.

8). (Applicable from April 2017 to June 2017)
Answer: C

9. Sukanya Samriddhi Scheme Account can be opened at any ________.

9). Answer: D

10. Under Sukanya Samriddhi Scheme a girl child with age more than ________cannot applicable to open the account.

10). There is no minimum age limit
Answer: C

11. The minimum deposit of Sukanya Samriddhi Scheme account is Rs ________.

11). Answer: C

12. The maximum deposit allowed under Sukanya Samriddhi Scheme Accounts in a financial year is Rs ________

12). Answer: D

13. Sukanya Samriddhi Scheme gets maturity when the girl attains ________

13). Also Normal closure is possible if the girl is above 18 and married
Answer: B

14. Under Sukanya Samriddhi Scheme partial withdrawal, maximum up to 50% of balance standing is possible at the age of 18 for the girl’s________

14). Answer: C

15. Under Sukanya Samriddhi Scheme no interest is payable after the account completes ________ years from the date of its opening.

15). Answer: C

        

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