New Important MCQs On IPPB, Multiple choice questions and answers (MCQs) on IPPB (India Post Payments Bank). SOP, Short Notes, PPT, PDF, Quiz,Online Test, Mock Test, Previous Questions and Answers, Solved Papers.Useful for Postal Exams/LDCE IPO Exam/PS Group B Exam/LGO Exams/GDS to Postman/MTS/Mail Gaurd/PA/SA Exams in postal department.
1. What is the free limit, up to which IPPB Shall not levy charges on AEPS issuing transactions with effect from 01.12.2022?
A One
B Two
C Three
D Four
2. What is the annual maintanance charges on Virtual Debit Cards (VDC) w.e.f 15th July 2022?
A Rs 50 + GST
B Rs 25 (incl of GST)
C Rs 100 (incl GST)
D Rs 150 + GST
3. When IPPB revised the rate of interest on all varients of savings bank accounts ?
A On 31st August 2022 w.e.f 01st September 2022
B On 31st December 2022 w.e.f 01st January 2023
C On 31st May 2022 w.e.f 01st June 2022
D On 31st March 2022 w.e.f 01st April 2022
4. What is the interest on IPPB SB Account with Balance above Rs 1 Lakh?
A 2.50%
B 2.00%
C 2.25%
D 2.75%
5. IPPB has entered into a sub membership arrangement with the Dept. of Post (DOP) to allow NEFT/RTGS transactions to their customers in eligible accounts by craeting IFSC IPOS0000DOP in________
A May 2022
B April 2022
C June 2022
D None of these
6. India Post Payments Bank has introduced Digital Savings Bank Account closure charges of ________ w.e.f. 5th of March 2022
A Rs. 50 + GST
B Rs 100 (incl GST)
C Rs. 150 + GST
D None of these
7. Which one of the following statement is false related to charges on cash deposit & cash withdrawal transactions was introduced by IPPB w.e.f 01st January 2022?
A For Savings (other than Basic SA) and Current Accounts, the cash deposits is free up to Rs 10000
B For Savings (other than Basic SA) and Current Accounts, the cash deposits is free up to Rs 20000
C For Cash Deposits Transaction, Post free limit, 0.50% of the value subject to minimum Rs. 25 per transaction
D For Cash Withdrawals of Savings (other than Basic SA) and Current Accounts is free up to Rs 25000 per month
8.What is the maximum transaction amount on a single AEPS financial transaction set by NPCI?
A Rs 10000
B Rs 25000
C Rs 20000
D No Such Limit
9. RRN number is a 12-digit number generated to record the transaction and to identify a transaction uniquely when doing NEFT/RTGS Transactions, what is the full form of RRN?
A Relative Record Number
B Recovery Registers Number
C Retrieval Reference Number
D Receiver Registration Number
10. Whcih of the following product is not being handled by IPPB?
A PMJJBY
B PMSBY
C Term Insurance
D General Insurance
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