Refresher Questions for Exam Preparation (Set - 1)

 Refresher Questions for Exam Preparation (Set - 17)

Postal Banking & Savings Schemes
1. What amount is collected from a depositor for the service of pledging an account or certificate? A: Rs. 100/- plus 18% GST.
2. Which form is used for the premature closure of an account? A: SB-7B.
3. Who is authorized to open a Kisan Vikas Patra (KVP) account? A: A single adult, joint account (up to 3 adults), a guardian on behalf of a minor or person of unsound mind, and a minor above 10 years in their own name.
4. What is the minimum amount required to open a National Savings Recurring Deposit Account? A: Rs. 100/-.
5. What is the minimum amount required to open a Senior Citizen Savings Scheme (SCSS) account? A: Rs. 1,000/-.
6. What is the minimum amount required to open a Public Provident Fund (PPF) account? A: Rs. 500/- (Note: The paper's question options included Rs. 1,000/- as a correct pairing in some contexts, but the general minimum is Rs. 500/-).
7. At which location does the RBI manage the Electronic Clearing Service (ECS) facility? A: Thiruvananthapuram (Kerala).
8. What is the maximum age entry for a child to have a Sukanya Samriddhi Account (SSA) opened? A: 10 years.
9. What is the minimum deposit to open a Post Office Savings Account (POSA)? A: Rs. 500/-.
10. What is the incentive for a Counter PA for successful registration of PMJJBY? A: Rs. 3.00.
11. What is the incentive for the RO/CO Monitoring Cell for PMJJBY registration? A: Rs. 0.75.
12. Can funds be automatically transferred from IPPB to POSA? A: Yes, when the balance exceeds Rs. 1 lakh.
13. Is there a maximum balance limit for a POSA account when linked with IPPB? A: No, it does not have a maximum balance limit.
14. Can an account holder withdraw or deposit cash via an IPPB savings account? A: Yes.
15. What happens if the day-end balance in an IPPB account exceeds the limit? A: The system transfers the excess funds to the linked POSA.

Insurance (PLI/RPLI)
16. What is another name for the 10-year RPLI policy? A: Gram Priya.
17. What is the RPLI policy "Gram Sumangal"? A: Anticipated Endowment Assurance.
18. What is the maximum sum assured for RPLI? A: Rs. 10 Lakh.
19. What is the PLI policy "Santosh" officially called? A: Endowment Assurance.
20. At what age can a person enter a PLI policy? A: Minimum 19 years and maximum 55 years.

Postal Rules & Operations
21. By what date should the monthly list of verified money orders (Genl. 6) be submitted to the Superintendent? A: By the 10th of the following month.
22. In which form is the deposit account of postage due on letter mail articles maintained? A: A.C.G. 45.
23. How can surplus funds at a sub-office be disposed of? A: By remittances to the treasury/bank or to another sub-office.
24. Which parcels are exempted from postal charges? A: Those exchanged between postal administrations, post offices of member-countries, and the International Bureau.
25. Where should unregistered undelivered items from abroad without a sender's address be sent if received from Laos? A: Calcutta RLO.
26. Which records cannot be destroyed without special permission from the Head of the Circle? A: Order Books of mail offices and sections.
27. Who must always maintain possession of the Insurance Seal? A: Head Sorting Assistant.
28. In what languages must the name of the post town be printed on Business Reply Cards? A: English and Hindi.
29. What is the time limit for enquiries regarding the loss of Indian Postal Orders? A: Within twelve months from the last day of the month of issue.
30. To whom does the prohibition on the sale of stamps NOT apply? A: Individuals selling stamps outside the Post Office.
31. What is the weight limit for a Letter? A: 2 kg.
32. What is the weight limit for a Blind Literature packet? A: 7 kg.
33. How should a franked article found in a letter box be treated? A: It should be treated as unpaid.
34. What is the preservation period for a Nominal Roll? A: Permanent.
35. What form is used for the Mail Abstract in Mail Offices? A: Form M-43.

IT Modernization & Philately
36. What is the minimum deposit required to open a Domestic Philatelic Deposit Account? A: Rs. 200/-.
37. How are philatelic items dispatched to account holders? A: Free on 'Postal Service' by registered post.
38. What is the limit for the number of commemorative postage stamp issues per annum? A: Not more than 50 issues (maximum 100 stamps).
39. Proposals for commemorative stamps should be sent how far in advance? A: At least two years in advance.
40. Stamps on personalities shall not exceed what percentage of the annual issue program? A: 10%.
41. What is the discount for a walk-in customer with Speed Post business of Rs. 2,00,000? A: 10%.
42. Letter Postal Network services are available for how many destinations globally? A: 213.
43. Which scheme is considered the world's lowest-cost pension scheme? A: National Pension System (NPS).
44. Can an NPS account be shifted to the Government Sector if the subscriber gets employment? A: Yes.
45. What is the full form of RICT? A: Rural Information and Communication Technology.
46. Where is the Primary Data Center of the Department of Posts located? A: Navi Mumbai.
47. What is the Disaster Recovery Center (DRC) location? A: Mysore.
48. What does 'FSI' stand for? A: Financial System Integrator.
49. Which vendor is responsible for the FSI? A: Infosys.
50. What is the brand name for personalized postage stamps? A: My Stamp.