Important questions from posb manual volume 1
POST OFFICE SAVING BANK MANUAL VOLUME I 1. What is the current rate of interest on saving accounts? a) 3.5% b) 4% c) 8% d) 8.2 % Ans:b 2. The revised rate of interest @4% on saving accounts wef a) 01 Oct 2011 b) 01 Dec 2011 c) 01 Nov 2011 d) 01 Jan 2012 Ans:b 3. How many Single saving accounts may be opened by an adult in his own name in any one post office? a) Only one b) Only Two c) No such limit d) None of these Ans:a(4) 4. How many adult may open a joint saving account? a) Two b) Three c) Two or three d) None of these Ans:c 5. What is the minimum age for opening a single saving account by a minor himself in his name? a) 10 years b) 14 years c) 18 years d) No min age limit Ans:a 6. How many saving accounts can be opened by a guardian on behalf of a minor? a) Only one account can be opened on behalf of one minor by one guardian i.e eit...