# Banking Awareness Set 49 (Small Savings Schemes-1)

Banking Awareness Questions on Small Saving Schemes based on updated information, applicable from July-September 2017.

1. What is the present Rate of Interest in Kisan Vikas Patra (KVP)?
A) 7.7%
B) 7.6%
C) 7.5%
D) 7.4%
Option C
Explanation
: 7.5%
2. The amount invested in Kisan Vikas Patra will mature in how many months?
A) 110 months
B) 112 months
C) 115 months
D) 114 months
Option C
3. What is the minimum deposit under Kisan Vikas Patra?
A) Rs 1000
B) Rs 500
C) Rs 5,000
D) No such limit
Option A
Explanation
: Rs 1,000
4. What is the maximum deposit limit under Kisan Vikas Patra?
A) Rs 1,00,000
B) Rs 5,00,000
C) Rs 10,00,000
D) No Such Limit
Option D
Explanation
: There is no upper limit
5. What is the present rate of interest in Public Provident Fund Account?
A) 8.0%
B) 7.9%
C) 7.8%
D) 8.65%
Option C
Â
6. What is the minimum deposit allowed in Public Provident Fund Account in a financial year?
A) Rs 500
B) Rs 1000
C) Rs 5000
D) No such limit
Option A
Explanation
: Rs 500
7. What is the maximum deposit allowed in Public Provident Fund Account in a financial year?
A) Rs 1,00,000
B) Rs 1,50,000
C) Rs 2,00,000
D) Rs 10,00,000
Option B
Explanation
: INR. 1,50,000/- in a financial year
8. What is the rate of Interest for National Savings Certificates (NSC)?
A) 7.6%
B) 7.7%
C) 7.8%
D) 8.0%
Option C
9. What is the minimum deposit under National Savings Certificates (NSC)?
A) Rs 100
B) Rs 500
C) Rs 1,000
D) Rs 5,000
Option A
Explanation
: Rs 100
10. What is the maximum deposit under National Savings Certificates (NSC)?
A) Rs 1,00,000
B) Rs 1,50,000
C) Rs 2,00,000
D) No such limit
Option D
Explanation
: No such limit

## 21 Thoughts to “Banking Awareness Set 49 (Small Savings Schemes-1)”

1. Jellyfish

Q2 max duration 112 month
Q4 limit if KVP is 1000,5000,10000&50000
Max limit 50000

1. Suraj

for KVP duration has changed after 1 april 2017.. this is updated info
and these 1000,5000,10000&50000 amount are the denomination in which bond is available.. means 50,000 ke kitne bhi bond le sakte hai humlog,, ya kisi bhi amount ke inme se,, ispe koi limit nhi hai

1. Jellyfish

Okk thx sir

2. wont rest until i get success

THANK YOU SIR:)

3. Trisha

or it should be A?

1. Suraj

it is A) Rs 100, sorry for the inconvenience

1. Trisha

ok thanks

4. Yes

Thanks so much sir

5. like a diamond in the sky

Sir plzz update quizzes if there is changes in any amount or interest..

2. heena

can u tell me..frm where u have collected all the topics..

2. Deepak sahu

Thank you mam

3. jaga

6—-B 1000/-
9—-A 100/-

1. prateek

6—A

sir 115 monthss for kisan vikas patra

1. yes . now
ty

wlcm.. i m giving 90 quiz