Hi friends, here is the Answer Key of IPO Exam 2019 Paper 1. In the previous posts, we have covered first 30 questions. In this post we will be discussing 15 more questions. Inspector Posts Exam 2019 Paper-1 consists of 150 questions ranging from various topics and we will be providing solutions for all questions.
This questions will be useful reference for upcoming Inspector Posts Exam (IPO Exam) and Postal Service Group B Exam (PS Gr.B Exam). Moreover, this will be useful reference for GDS/MTS to Postman Exam, GDS/MTS/Postman to PA Exam and GDS to MTS Exam.
Answer Key of IPO Exam 2019 Paper 1 [Set 3]
1. For weeding old record of SBCO the following is correct
(A) Vouchers, Spoil Passbooks, Undeliverable Passbook and un used Cheque foils and Cheque books should be destroyed by burning.
(B) Vouchers, Spoil Passbooks, Undeliverable Passbook and un used Cheque foils and Cheque books should be destroyed by shredding method.
(C) Vouchers, Spoil Passbooks, Undeliverable Passbook and un used Cheque foils and Cheque books should be destroyed by pouring acid.
(D) Vouchers, Spoil Passbooks, Undeliverable Passbook and un used Cheque foils and Cheque should be destroyed by incineration
2. Which of the following Statements are correct as per BO Rules 67? (i) BPM should not tax with Postage any article received from Foreign Post under any circumstances (ii) BPM should tax unpaid articles that are not impressed with the Postage due stamp and which the account Office omitted to invoice in the BO slip with which the articles were sent (iii) Should not tax the insufficiently paid articles that have been treated by the account office or dispatching office as fully prepaid. (iv) Should tax the articles that have not been charged by the dispatching office or account office with the full amount of postage due on them.
(A) i & ii
(B) i, ii & iii
(C) i, iii, iv
(D) i, ii, iv
3. Which of the following in respect of Limited Transfer facility to GDS is correct: (i) Maximum number of chances to male GDS is 4 & female GDS is 5 (ii) Minimum engagement period should be 1 year from the date of regular engagement. (iii) Divisional Head is the authority to approve the transfer within the Division. (iv) Past engagement period will not be counted for assessing the eligibility for appearing in Departmental Examinations.
(A) None of the above
(B) All of the above
(C) iv only
(D) ii, iii & iv above.
4. When an account is opened in contravention of rules
(A) The account should be closed and amount should be refunded to the depositor without interest
(B) Account should be closed and amount forfeited to the Govt.
(C) Account should be closed and amount should be refunded to the depositor with interest at SB interest rate.
(D) Account should be kept operative and no interest should be allowed.
5. Post maturity interest can be paid on Savings Certificates up to:
(A) 12 months
(B) 20 months
(C) 24 months
(D) 30 months
6. Finacle command to generate different reports
(A) HFTI
(B) HCCA
(C) HTDTRAN
(D) HFINRPT
7. In case of short/excess interest credited in SB/PPF/SSA after getting approval from competent authority the adjustment in Finacle can be done by
(A) HO PM
(B) Two Supervisors
(C) Incharge CPC
(D) Supervisor, SBCO
8. In Finacle, during visit/inspection depositors signature can be viewed by command
(A) HACLI
(B) HACLINQ
(C) IES
(D) HFINRPT
9. When was the IPO Act last amended?
(A) 2015
(B) 2009
(C) 2002
(D) 2017
10. Which of the following is explicitly incorrect of the Government Savings Bank Act 1873?
(A) There is no mention of deposits made by married woman
(B) There is a mention of Payment of deposits belonging to lunatics
(C) There is a mention that this Act will not apply to deposits in Anchal Savings Bank
(D) There is a mention of nomination by depositor,
11. Which Act has given legal recognition of electronic signatures?
(A) Prevention of Money Laundering Act 2002
(B) Information Technology Act 2000
(C) Consumers Protection Act 1986
(D) Fifty second amendment to the IPO Act 1898
12. Who is a minor dependent as per the Public Provident Fund Act 1968
(A) Person who has not yet reached the eligible age to vote
(B) Person who has not yet reached the eligible age to marry
(C) Person who is not deemed to have attained majority under the Indian Majority Act 1875
(D) None of the above
13. Which of the following are not permitted for transmission as per the Indian Post Office Rules.
(A) Osmic Acid subject to prescribed conditions
(B) Brains of rabid animals subject to prescribed conditions
(C) Live bees subject to prescribed conditions
(D) Cobalt 60 subject to prescribed conditions
14. Which of the following is true of Family Allotment Money Order
(A) The commission Family Allotment Money Order is the same as Money Order
(B) The Family Allotment Money Order can be booked in any Post Office in the Country
(C) This is a facility being offered to defence personnel
(D) The commission of Family Allotment Money Order is 10 %
15. What is the maximum ATM withdrawal per day for a IPPB Account holder:
(A) INR 25,000
(B) INR 45,000
(C) INR 65,000
(D) INR 75,000
Answer Key
1. (B) Vouchers, Spoil Passbooks, Undeliverable Passbook and un used Cheque foils and Cheque books should be destroyed by shredding method.
2. (D) i, ii, iv
3. (A) None of the above
4. (A) The account should be closed and amount should be refunded to the depositor without interest
5. Question deleted for valuation
6. (D) HFINRPT
7. (D) Supervisor, SBCO
8. (C) IES
9. (D) 2017
10. (A) There is no mention of deposits made by married woman
11. (B) Information Technology Act 2000
12. (C) Person who is not deemed to have attained majority under the Indian Majority Act 1875
13. (D) Cobalt 60 subject to prescribed conditions
14. (C) This is a facility being offered to defence personnel
15. Question marked Wrong
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