1. When India Post got license to run a payments bank from Reserve bank of India?
a) 19th August 2017
b) 19th August 2014
c)
19th August 2015
d) 19th August 2016
2.
The pilot project of IPPB was inaugurated on:
a) 30th January 2016
b)
30th January 2017
c) 1st September 2018
d) 30th January 2015
3. The pilot project
of IPPB was inaugurated at:
a) Bhuvaneshwar & Ranchi
b) Bhopal & Raipur
c)
Raipur & Ranchi
d) Mubai & Bangalore
4. Union cabinet
approved _______Crore for setting up of IPPB in August 2018
a) 800 Cr
b) 1200 Cr
c) 435 Cr
d)
1435 Cr
5. IPPB Offers how
many types of Accounts?
a) 3
b) 4
c)
2
d) 5
6. Which statement
is false In respect of QR card Payments?
a) No need to remember account number
b)
Need to remember PIN
c) No need to remember Passwords
d) Do not need to remember PIN
7. UPI Stands for
a) Unique Payment Interface
b)
Unified Payments Interface
c) Unified Payment Interface
d) Universal Payments Interface
8. Which statement
is false in respect of Payments Bank
a) Payments bank can accept deposits
upto 1,00,000/-
b) Payments banks are differential
banks.
c)
Payments banks can offer Loan facilities
d) Payments bank can issue ATM
cards/debit cards and can offer Mobile Banking etc
9. AEPS Stands for
a) Aadhar Enable Payment Service
b) Aadhar Enabled Payments Service
c)
Aadhar Enabled Payment System
d) Aadhar Enabled Paying Service
10. Which Accounts
types exist in the Savings Account of IPPB?
a)
Regular Savings Account/Digital Savings Account & Basic Savings account
b) Regular Savings Account/Pension
Account & Digital Savings Account
c) Basic Savings Account/Student
Scholorship Account/Regular Savings Account
d) Digital Savings Account/MNREGA
Account/Basic Savings Account.
11. Which Statement
is false in respect of POSB Account holder linked with IPPB can do interbank
transfer?
a)
POSB Customer can transfer only one lakh per day from his account to other bank
account through IPPB
b) POSB Customer can transfer any
amount through IPPB Sweep in service to other bank during the day using IPPB
Payments channel.
c) POSB Customer can transfer any
amount by cash withdrawal from his POSB Account and Depositing the same cash to
his IPPB Account mapped with PAN to other bank accounts using IPPB Payments
Channel.
d) POSB Customer can transfer some
amount using UPI service of IPPB to other bank accounts.
12. Doorstep charges
for IPPB Financial transaction:
a) Rs 15/-
b) Rs 15/- + GST
c) Rs 25/-
d)
Rs 20/- + GST
13. Customer wants
to enquire his account balance at BO Premises charged with:
a) Rs 25/- + GST
b) Rs 15/- + GST
c)
No charges
d) Rs 10/- + GST
14. Which are the
DOP Product Payments available at IPPB?
a) PLI Premium/SSA & RD Payments
b) PPF/SSA & RD Payments
c) SB deposits/RD & PPF
d)
RD/PPF/SSA/PLI/RPLI & RD Loan Payments.
15. Which statement
is True in respect of IPPB Cheque Facility?
a) Customer can deposit his other
banks cheque at IPPB
b) Only Current Account Customer can
deposit other bank Cheques at IPPB
c)
Cheque facility is withdrawn recently.
d) Customer can get realized his other
bank cheque upto Rs 1,00,000/- only to his IPPB linked POSA Account.
16. IPPB Started to
levy SMS alerts charges from.
a) July 1st 2020
b)
August 1st 2020
c) April 1st 2020
d) January 1st 2020
17. Toll free number
to avail services of IPPB is
a) 1924 b) 155144
c)
155299
d) 155199
18. IPPB Non –eKYC
account can be opened at
a) Head office co-located with IPPB
Branches
b) All Departmental post offices
c)
IPPB Branches
d) All Post offices including Postal
Branch Offices.
19. Customer Eligibility to open a IPPB’s Regular
Savings Account with eKYC
a)
10 Years above
b) 10 Years and above
c) 18 Years
d) Any age
20. IPPB Started to
levy sms alert charges of Rs___ & ______ periodically.
a) 10/- & Annually
b) 10/- + GST & Quarterly
c) 40/- + GST & Annually
d)
Either b) or c)(if gst not changed) is correct
21. QR Card Re
issuance charges is:
a) Rs 25 b) Rs
25+Gst c) Rs 10 d) Rs 10+gst
22. If Customer has updated a valid email id and
on request Physical statement charges is
a) Free b)
Rs 25 Half yearly
c) Rs 50 annually d) Rs 50 + Gst per instance.
23. Digital Savings
Account of IPPB can be opened by a customer of age
a) 18 years b) 10 years and above
c) 18 years above d) None of the above
24. Total cumulative
deposit permissible in the Digital Savings Account is ______ within a year.
a) Rs 1 Lakh b) Rs 2 Lakhs
c) Rs
5 Lakhs d) Rs 10 Lakhs
25. Digital Savings
Account can be converted into Regular Savings Account in desktop finacle using
menu
a) CKYCACOP b) CACOP
c)
CREKYC d) CNFTM
26. Digital Savings
Account will be liable for closure, if Rekyc has not been done within ___________Months
from the opening of the account.
a) Six Months b) Twelve Months
c) Eighteen Months d) Nine Months
27. Basic Savings
Account has all the features of Regular Savings Account Except_____Number of
withdrawals only allowed per month.
a)
Six b) Eight
c)
Four d) Nine
28. In IPPB for
Savings Account, Interest rate of ____Percent per annum paid_______
a) 4% and annually b)
3% and Half yearly
c) 2.5% and Quarterly d)
2.0% and Quarterly
29. What is the
Monthly Average Balance require to be maintained in current account and charges
for non-maintenance levied quarterly.
a) Rs 1000/- & Rs 50/- b) Rs 1000/- & Rs 100/-
c)
Rs 1000/- & Rs 100/- + Gst d) Rs
5000/- & Rs 100/- + Gst
30. Current Account
Closure Charges _____within 14 days from account opening ____from 15th
day of account opening to 6 months & _____ from post 6 months of account
opening.
a) Nil, Rs 100 & Rs 50 b) Rs 100, Nil & Rs 200 +
Gst
c)
Nil, Rs 250 + Gst & Nil d) None of
the above
31. Cash Deposit
charges in current account above INR 15,000/- is
a) INR 1.50 per incremental INR
1000 or part
b) INR 1.50 + Gst per incremental INR 1000
or part
c)
INR 1 per incremental INR 1000 or part
d)
None of the above
32. Amount transfer from POSA Account to IPPB
Account is called ________& Amount transfer from IPPB to POSA Account is
called _________.
a)
Sweep out & Intra bank transfer
b)
Sweep out & Sweep In
c) Sweep In & Sweep out
d)
Intra bank & Inter Bank
33. Which statement is false in respect of POSA
Sweep-in facility?
a)
Sweep in facility is not available on 2nd and 4th
Saturday, holidays & on RTGS Holidays.
b)
Sweep in facility is available from 08:00 AM to 08:00 PM
c)
Sweep in facility is available on all working days of the bank
d) Sweep in facility is available throughout
the day.
34. Minimum Amount limit to transfer interbank
using IMPS in IPPB is:
a)
Rs 1/- b) Rs 5/- c) Rs 10/- d) Rs 100/-
35. Minimum Amount limit to do Interbank
Transfer through NEFT in IPPB is:
a) Rs 1/- b) Rs 5/- c) Rs 10/- d) Rs 100/-
36. Minimum Amount limit to do Interbank
Transfer through RTGS in IPPB is:
a)
Rs 1/- b) Rs 10,000/- c) Rs 1,00,000/- d)
2,00,000/-
37. NEFT interbank charges for IPPB Mobile
banking customers for Rs 10,000/-are
a)
Rs 2.25/- b) Rs 2.25/- +Gst c)
Nil d) Rs 4.75/-
38. Per day Transaction limit for Mobile
banking customers, for IMPS in IPPB is:
a)
50,000/- b) 1,00,000/- c)
2,00,000/- d) None of the above
39. What is the per day limit on amount
transfer through RTGS & NEFT at assisted mode.
a) No limit b) Neft-1 lakh & RTGS-5 lakhs
c)
Neft- 2 lakhs & RTGS-10 lakhs d)
None of the above
40. Cash deposit limit at Head office counter
for Savings account customer:
a)
20,000/- b) No limit c) 5,000/- d) 10,000/-
41. Cash Withdrawal limit at Sub office counter
for Savings account customer:
a)
10,000/- b) 5,000/- c) No limit d) 20,000/-
42. Cash deposit limit at Branch office for
Current account customer:
a) 20,000/- b) 5,000/- c) 10,000/- d) No limit
43. Which is true in respect of RTGS transfers.
a)
It works on all days including Sunday and bank holidays.
b)
It works on all timings i.e 24*7
c) It don’t work on bank holidays
d)
None of the above
44. Which one of the following service not
available at IPPB
a)
Mobile Banking b) Internet Banking
b)
Phone Banking d) Missed call
banking
45. One BPM made one AEPS pull money to one of
his BO customer for Rs 5,000/- then what he should do.
a)
He should make one entry in withdrawal side of his account.
b) No need to do any accounting
c)
He should give 5,000/- cash to customer
d)
None of the above.
46. What is the maximum ATM withdrawal per day
for IPPB Account Holder?
a)
10,000/- b) No such facility c)
45,000/- d) 75,000/-
47. What are not the benefits of linking Post
office Savings account and IPPB?
a)
Customer can manage funds through IPPB Mobile banking application.
b)
Automatic transfer of funds from IPPB to Post office savings account when it
exceeds the limit of Rs 1. Lakh.
c)
Account holder can withdraw/deposit cash via IPPB savings account
d) Account holder gets free doorstep
delivery of cash withdrawal on working days.
48. The Advantage of QR card in IPPB is
a)
One need not remember the account number but must remember the password to undergo
banking activity.
b)
One needs to remember account number but not the password to undergo banking
activity.
c) one need not remember the account number
or any password to undergo banking activity.
d)
One need to remember the QR number which is the date of birth of the account
holder to undergo banking activity.
49. Which of the following is correctly
matched:
|
B |
C |
|
i) Regular Savings Account |
i) Saral |
|
ii) Basic Savings Bank Deposit Account |
ii) Sugam |
|
iii) BSBDA Small Account |
iii) Safal |
a)
B(i) C(i) b) B(ii) C(ii)
c)
B(iii) C(iii) d) B(ii) C(iii)
50. One account holder visited HO counter for
His Aadhar seeding , then Counter PA has to use which of the following menu to
complete in Desktop Finacle.
a) CTM b) HFINRPT c) CKYCACOP d) CNFTM
51. What is the fee for availing Digital Life Certificate (DLC) in IPPB?
a) Rs 100 b) Rs 70
c) Rs 50 d) Rs 75
52. Which one of the following service is the latest service in IPPB?
a) AEPS b) CELC
c) DLC d) BALIC
53. What is the Maximum Daily Cash Limit up to which customer can do e-Commerce transaction using Virtual debit card ?
a) Rs 25,000 b) Rs 50,000
c) Rs 1,00,000 d) Rs 2,00,000
54. What is the End of the Day Balance limit for a Customer in IPPB?
a) Rs 1,00,000 b) Rs 2,00,000
c) Rs 5,00,000 d) Rs 2,50,000
55. What is the Cash withdrawal limit per day of Savings Account customer at BO?
a) Rs 50,000 b) Rs 10,000
c) Rs 1,00,000 d) Rs 5,000
