Postal and Telecom Services Quiz
Authored by Megha Kaushik
Business
11th Grade
Used 1+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main objective of Recurring Deposit (RD) in Post Office?
To provide loan against security
To offer tax benefits
To accumulate small savings
To provide cheque facility
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term for National Saving Certificates (NSC)?
2 years
5 years
10 years
15 years
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much amount can be deposited annually in a Public Provident Fund (PPF) account?
Rs. 100 - Rs. 500
Rs. 5 lakhs - Rs. 10 lakhs
Rs. 500 - Rs. 1 lakh
Rs. 1 lakh - Rs. 5 lakhs
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the maximum deposit amount allowed in a Monthly Income Scheme (MIS) for a single name account?
Rs. 4.5 lakhs
Rs. 3 lakhs
Rs. 2 lakhs
Rs. 1 lakh
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the tax benefit available for funds invested in National Saving Certificates (NSC)?
Subject to an overall limit of Rs. 50,000
Subject to an overall limit of Rs. 1,50,000
Subject to an overall limit of Rs. 75,000
Subject to an overall limit of Rs. 1,00,000
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the duration of a PPF account?
20 years
5 years
10 years
15 years
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of Courier services?
To send parcels across the country
To send letters and products in small quantity
To accumulate small savings
To offer tax benefits
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