Banking Awareness Set 4 (Small Savings Scheme) – Updated


This set contains banking awareness questions for various upcoming exams like SBI PO, IBPS PO, Clerk and insurance exams. This set contains questions from Small Savings Scheme applicable from January-March 2018.

  1. What is the present interest rate in Public Provident Fund(PPF) Scheme?
    A) 7.5%
    B) 7.6%
    C) 7.8%
    D) 7.7%
    View Answer
    Option B
     
  2. What is the maximum deposit limit allowed in a financial year in Public Provident Fund(PPF) Scheme?
    A) Rs. 1,50,000/-
    B) Rs. 2,50,000/-
    C) Rs. 5,00,000/-
    D) Rs. 1,00,000/-
    View Answer
    Option A
    Explanation: Minimum Deposit :Rs. 500/- in a financial year
    Maximum Deposit : Rs. 1,50,000/- in a financial year
  3. What is the present interest rate in Senior Citizen Savings Scheme (SCSS)?
    A) 8.2%
    B) 7.7%
    C) 8.3%
    D) 8.5%
    View Answer
    Option C
  4. What is the maximum deposit allowed under Senior Citizen Savings Scheme (SCSS)?
    A) Rs 10 lakh
    B) Rs 5 lakh
    C) No such limit
    D) Rs 15 lakh
    View Answer
    Option D
    Explanation:
    Minimum Deposit : Rs. 1000
    Maximum Deposit : Rs 15 lakh
  5. What is the present interest rate in Kisan Vikas Patra (KVP)?
    A) 7.3%
    B) 7.7%
    C) 7.5%
    D) 7.4%
    View Answer
    Option A
     
  6. What is the maximum deposit allowed under Kisan Vikas Patra (KVP)?
    A) Rs 5 lakh
    B) Rs 50 lakh
    C) Rs 10 lakh
    D) No such limit
    View Answer
    Option D
    Explanation:

    Minimum Deposit : Rs. 1000/-
    Maximum Deposit : No limit
  7. What is the present interest rate in Sukanya Samriddhi Accounts Scheme?
    A) 7.9%
    B) 8.1%
    C) 8.5%
    D) 8.0%
    View Answer
    Option B
     
  8. What is the maximum deposit allowed in a financial year under Sukanya Samriddhi Accounts Scheme?
    A) Rs. 1,00,000/-
    B) Rs. 1,50,000/-
    C) Rs. 50,000/-
    D) No such limit
    View Answer
    Option B
    Explanation:
    Minimum Deposit : Rs. 1000/- in a financial year
    Maximum Deposit : Rs. 1,50,000/- in a financial year
  9. What is the present interest rate in National Savings Certificates (NSC) Scheme?
    A) 7.6%
    B) 7.7%
    C) 7.8%
    D) 7.5%
    View Answer
    Option A
  10. What is the maximum deposit allowed under National Savings Certificates (NSC) Scheme(5 years short term)?
    A) Rs 5 lakh
    B) Rs 10 lakh
    C) Rs 15 lakh
    D) No such limit
    View Answer
    Option D
    Explanation:
    Minimum Deposit : Rs. 100/-
    Maximum Deposit : No Limit

 

52 thoughts on “Banking Awareness Set 4 (Small Savings Scheme) – Updated”

  1. @surajskt:disqus Q.1 now ppf interest rate is 7.9%
    Q.3 sen citizen sav scheme- int rate 8.4%

    1. hi, this one is old set with data applicable from 1 Jan 2017 to 31 March 2017). so skip this,, new set in available

      1. mam AC pe jitne banking awareness post hai o kya apka hi notes hai? likha h ki posted by shubra

          1. ~विविधता में एकता ~नमस्ते ~/~

            6:30 MAM ROZ 6.30 KRNA BAKI KOI CHANGE HOGA BTA DUGA APKO

  2. mam can u plz updated all the interest rates ?as we have to learn all those data for upcoming exams…so it will b e really helpful

      1. like a diamond in the sky

        Mam.. Are all these questions updated?
        Plz update them if there is any change in the interest rate, amount etc

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