Hi friends, here is the Online Quiz on India Post Annual Report 2020-21. We have been regularly updating MCQ Questions on India Post Annual Report 2020-21, which is a very Important topic for the upcoming Inspector Posts Examination 2021. Equally, these questions will be useful for Postal Service Group B Exam (PS Gr.B Exam). Here we discuss another set of 15 Objective Questions from the 2020-21 Annual Report of Department of Posts.
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Online Quiz on India Post Annual Report 2020-21
1. Loan can be availed on PPF Account from third financial year to?
(A)5th financial year
(B)6th financial year
(C)10th financial year
(D)12th financial year
Correct answer
(B)6th financial year
2. Partial withdrawal is permissible from the ____financial year from the date of opening of account?
(A)5th
(B)6th
(C)7th
(D)10th
Correct answer
(C)7th
3. What is the Maturity period from the date of opening of Sukanya Samriddhi Account (SSA)?
(A)15 years
(B)18 years
(C)21 years
(D)25 years
Correct answer
(C)21 years
4. Which among the following is wrong about Sukanya Samriddhi Account (SSA)?
(A)Up to 50% withdrawal is permissible after attaining age of 18 years by the girl child or after having passed 10th standard
(B)Account can be closed at the time of marriage of girl child after attaining age of 18 years
(C)Account can be opened in respect of any child below 10 years of age
(D)Interest earned in SSA Account is exempted from income tax
Correct answer
(C)Account can be opened in respect of any child below 10 years of age
5. What is the minimum investment under National Savings Certificates(NSC) (VIIIth Issue)?
(A)Rs.100
(B)Rs.500
(C)Rs.1000
(D)Rs.5000
Correct answer
(C)Rs.1000
6. What is the maximum investment limit under National Savings Certificates(NSC) (VIIIthIssue)?
(A)Rs.1 Lakh
(B)Rs.10 Lakh
(C)Rs.1.5 Lakh
(D)No maximum investment limit
Correct answer
(D)No maximum investment limit
7. Kisan Vikas Patra can be purchased by a single person or by Joint (up to 3 adults) holders with a minimum of?
(A)Rs.100
(B)Rs.500
(C)Rs.1000
(D)Rs.1500
Correct answer
(C)Rs.1000
8. What is the maximum investment limit under Kisan Vikas Patra (KVP)?
(A)Rs.9 lakh
(B)Rs.4.5 Lakh
(C)Rs.2 Lakh
(D)No maximum limit
Correct answer
(D)No maximum limit
9. How many Post Offices are working on CBS Platform as on 31st December, 2020?
(A)23,477
(B)13,299
(C)7,423
(D)25,690
Correct answer
(A)23,477
10. The first ATM of the Department was inaugurated at?
(A)Trivandrum GPO, Kerala
(B)Sansad Marg HO, New Delhi
(C)Doranda HO, Jharkhand
(D)Thyagaraya Nagar Head Post Office, Chennai, Tamil Nadu
Correct answer
(D)Thyagaraya Nagar Head Post Office, Chennai, Tamil Nadu
11. The first ATM of the Department of Posts was inaugurated at Chennai on?
(A)25 February 2014
(B)13 December 2017
(C)20 January 2016
(D)9 October 2014
Correct answer
(A)25 February 2014
12. Post Office ATMs have become interoperable with other bank’s ATM w.e.f?
(A)25 February 2014
(B)9 July 2019
(C)31 December 2016
(D)1 January 2017
Correct answer
(C)31 December 2016
13. The Department of Posts has provided Internet Banking facility to its customers w.e.f?
(A)25 February 2014
(B)31 December 2016
(C)14 December 2018
(D)15 October 2019
Correct answer
(C)14 December 2018
14. The customers of the Department of Posts have been offered with Mobile Banking facility since ?
(A)25 February 2014
(B)31 December 2016
(C)14 December 2018
(D)15 October 2019
Correct answer
(D)15 October 2019
15. Approximately how many lakh customers have been enrolled under e-Banking facility of Department of Posts as on 31st December, 2020?
(A)1 Lakh
(B)10 Lakh
(C)23 Lakh
(D)2 Lakh
Correct answer
(D)2 Lakh
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