MCQ on Post Office Savings Schemes
Useful Questions of IP Examination, PS Group B Examination and other Postal Exams etc.
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Post Office Savings Account(SB)
What is the minimum amount for opening Post Office Savings Account?
Subsequent deposit not less than 10 rupees
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Who among the following can open​ a Post Office Savings Account?
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A joint POSB account can be opened by how many adults only?
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A minor above ____ years of age can open POSB account in his own name?
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What is the minimum balance to be maintained in POSB accounts effective from 11.12.2020?
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What is the interest per annum on individual / joint accounts under POSB (as of December 2020)?
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How many account can be opened by an individual as a single account under POSB scheme?
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Whether conversion of single to joint account or vice versa is allowed under POSB scheme?
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What is the minimum withdrawal amount under Post office Savings Account?
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What is the maximum deposit amount under Post office Savings Account?
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In case account balance not raised to Rs. 500 at the end of financial year Rs.____ will be deducted as Account Maintenance Fee?
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What happens if the account balance became Nil under POSB?
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POSB interest will be calculated on the basis of ___ balance between 10th of the month and end of the month and allowed in whole rupees only?
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No interest will be allowed in a month if balance between 10th and last day of the month falls below ___?
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Under PO Savings account at the time of closure of account, interest will be paid up to the ____month in which account is closed?
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Under Section 80TTA of the Income Tax Act, from all Savings Bank Accounts, interest up to ___ earned in a Financial Year is exempted from taxable Income?
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Under POSB, if no deposit/withdrawal takes place in an account during continuous ____ financial years, the account shall be treated as silent/dormant?
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Which among the following facilities is available on PO Savings Account?
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