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%
    View Answer
    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
    View Answer
    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
    View Answer
    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
    View Answer
    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%
    View Answer
    Option C
     
  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
    View Answer
    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
    View Answer
    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%
    View Answer
    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
    View Answer
    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
    View Answer
    Option D
    Explanation
    : No such limit

 

Related posts

20 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

        answer of 9th is right?
        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/-

  4. Ravi Upadhyay

    sir 115 monthss for kisan vikas patra

      1. Ravi Upadhyay

        wlcm.. i m giving 90 quiz

  5. akshita

    Sis kvp ka 115 update kr dijiye :-):-):-) does nt want ny criticism on dis site..:-):-)

Leave a Comment