SB Orders 2020 Important Questions for IPO Exam [Set 1]

Inspector Posts Exam, Postal Exams, PS Group B Exam, SB Orders MCQ, Study Materials

Hi friends, here is the SB Orders 2020 Important Questions for IPO Exam. Savings Bank Orders issued by Department of Posts include the major changes happening in operation of various savings schemes operated by the Department of Posts. This is a very Important topic for Inspector Posts Exam (IPO Exam) and Postal Service Group B (PS Gr.B Exam). Here we present a very useful MCQ for those preparing for the said exams.

MCQ Quiz on Savings Bank (SB) Orders of India Post
MCQ Quiz on Savings Bank (SB) Orders of India Post

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MCQ Quiz on Savings Bank (SB) Orders of India Post

MCQ Quiz on SB Orders of 2020

Attempt MCQ Quiz Questions on Savings Bank (SB) Orders for the year 2020 issued by Department of Posts!!

1 / 15

What is the fee for Transfer of account/ Certificates (per registration)?

2 / 15

For issue of up to _____ cheques by a Post office in a calendar year no fee is charged?

3 / 15

Acceptance of Cheque in Branch Post Offices for Account Opening and Subsequent Deposits has been restored vide SB order No?

4 / 15

S.B. Order 26/2020 is related to?

5 / 15

Which among the following cases not to be treated as transfer?

6 / 15

What is the fee for issue of cheque book in savings account above 10 cheques in a calendar year?

7 / 15

What is the fee for Pledging of accounts/ Certificate (per registration)?

8 / 15

Extension of PPF Scheme up to Single Handed Sub Post Offices was introduced vide SB Order No?

9 / 15

What is the fee for issue of Duplicate Passbook?

10 / 15

What is the fee for Issue of Cancellation or change of nomination?

11 / 15

Common/modified forms to be used in National Savings Schemes for CBS and non CBS Post Offices has been introduced vide SB order No.?

12 / 15

In any post office migrated to Core Banking Solution (CBS) software, the payment of commission to agents will be made by?

13 / 15

What is the fee for Issue of statement of account?

14 / 15

SO or HO shall generate a report on commission paid to agents agency wise from the Finacle CBS Application using which among the following menu?

15 / 15

What is the fee for Issue of pass book in lieu of lost or mutilated certificate per registration?

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Check Full MCQ Quiz on SB Orders of India Post

SB Orders 2020 Important Questions for IPO Exam

1. What is the fee for issue of Duplicate Passbook?
Rs 50
Rs.10
Rs.25
Rs.100
Correct answer
Rs 50

2. What is the fee for Issue of statement of account?
Rs 50
Rs.10
Rs.20
Rs.100
Correct answer
Rs.20

3. What is the fee for Issue of pass book in lieu of lost or mutilated certificate per registration?
Rs 50
Rs.10
Rs.20
Rs.100
Correct answer
Rs.10

4. What is the fee for Issue of Cancellation or change of nomination?
Rs 50
Rs.10
Rs.20
Rs.100
Correct answer

5. What is the fee for Transfer of account/ Certificates (per registration)?
Rs 50
Rs.10
Rs.20
Rs.100
Correct answer
Rs.100

6. Which among the following cases not to be treated as transfer?
Accounts opened in APS and subsequently transferred to Post Office
Accounts frozen under SCWF Rules 2016 and closed at respective HO
Discontinued schemes accounts/certificates closed at respective HO
All the above
Correct answer
All the above

7. What is the fee for Pledging of accounts/ Certificate (per registration)?
Rs.100/-
Rs.50/-
Rs.10/-
Free of charge
Correct answer
Rs.100/-

8. For issue of up to ______ cheques by a Post office in a calendar year no fee is charged?
50
25
10
5
Correct answer
10

9. What is the fee for issue of cheque book in savings account above 10 cheques in a calendar year?
Rs.1 per cheque
Rs.2 per cheque
Rs.5 per cheque
Rs.10 per cheque
Correct answer
Rs.2 per cheque

10. Common/modified forms to be used in National Savings Schemes for CBS and non CBS Post Offices has been introduced vide SB order No.?
SB Order No.11/2021
SB Order No.1/2019
SB Order No.17/2020
SB Order No.33/2018
Correct answer
SB Order No.17/2020

11. Extension of PPF Scheme up to Single Handed Sub Post Offices was introduced vide SB Order No?
SB Order No.17/2020
SB Order No.18/2020
SB Order No.77/2019
SB Order No.13/2021
Correct answer
SB Order No.18/2020

12. Acceptance of Cheque in Branch Post Offices for Account Opening and Subsequent Deposits has been restored vide SB order No?
SB ORDER No. 22/2020
SB ORDER No. 11/2020
SB ORDER No. 33/2020
SB ORDER No. 44/2020
Correct answer
SB ORDER No. 22/2020

13. S.B. Order 26/2020 is related to?
Acceptance of Cheque in Branch Post Offices for Account Opening and Subsequent Deposits
Common/modified forms to be used in National Savings Schemes for CBS and non CBS Post Offices
Discontinuation of ACG- 17 taking from SAS/MPKBY agents for commission payment at the time of acceptance of business in CBS Post Offices
Intra Operable Netbanking facility in CBS Post Offices
Correct answer
Discontinuation of ACG- 17 taking from SAS/MPKBY agents for commission payment at the time of acceptance of business in CBS Post Offices

14. In any post office migrated to Core Banking Solution (CBS) software, the payment of commission to agents will be made by?
made by cash in hand by taking ACG-17 receipts
by issue of cheque
by crediting in Bank Accounts directly through NEFT
automatic credit into savings account of the agent linked with his/her agent lD
Correct answer
automatic credit into savings account of the agent linked with his/her agent lD

15. SO or HO shall generate a report on commission paid to agents agency wise from the Finacle CBS Application using which among the following menu?
CCRC
HACLI
HFINRPT
CNAAC
Correct answer
HFINRPT

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