Hi friends, here is the Online Quiz on Service Discharge Benefit Scheme (SDBS). In the previous set, we have discussed 15 questions from the topic. Today we will be discussing further more Multiple Choice Questions (MCQ) from the topic. This Questions will be very useful for Inspector Posts Exam (IPO Exam) and Postal Service Group B Exam (PS Gr.B Exam).
Attempt these MCQ Questions, Check Your Score and Share your feedback.
Join our Telegram Channel for Postal Exam Updates
Check Full MCQ Quiz Questions on Service Discharge Benefit Scheme
Online Quiz on Service Discharge Benefit Scheme (SDBS)
1. SDBS is mandatory for all GDS engaged on or after?
1 April 2011
1 January 2011
1 January 2015
14 February 2020
Correct answer
1 January 2011
2. Who among the following is/are not eligible to join the Service Discharge Benefit Scheme (SDBS)?
Provisionally engaged GDS
Substitutes engaged for short term vacancies in absence of regular GDS
Both A and B
None of the above
Correct answer
Both A and B
3. No contribution/subscription shall be made in Service Discharge Benefit Scheme (SDBS) in respect of GDS during which among the following period? i. during Put Off Duty ii. during unauthorized absence
Only i
Only ii
Both i and ii
None of the above
Correct answer
Both i and ii
4. Gramin Dak Sevaks, who are enrolled under the Scheme, and subsequently permanently absorbed/ appointed in the Department against a regular Departmental post, shall be?
at option either to cancel or continue the SDBS Scheme
required to continue to the account without deposit still he attains the age of 65
required to quit the Scheme immediately
required to quit the Scheme and withdraw 50% of amount standing to the credit
Correct answer
required to quit the Scheme immediately
5. Which among the following is the designed CRA for PFRDA for Service Discharge Benefit Scheme (SDBS)?
KARVY
ICICI Direct
SBI Life
NSDL
Correct answer
NSDL
6. Under SDBS, at the time of discharge of his/her services from the Department on attaining the age of normal discharge, the outgoing Gramin Dak sevak would be required to Invest a minimum of _% of accumulations to purchase a life annuity from any authorized Life Insurance Company?
60%
50%
40%
80%
Correct answer
40%
7. Under SBD, what percentage of the accumulations shall be paid to the discharged GDS in lump sum, which may be utilised by him/her as per their own will and discretion?
50%
60%
70%
20%
Correct answer
60%
8. Under SDBS, a Gramin Dak Sevak, if he/she so wishes can withdraw at any point of time after attaining the age of _ years?
65 years
60 years
58 years
55 years
Correct answer
58 years
9. Under Premature exit in SDBS, Gramin Dak Sevak, if he/she so wishes can withdraw at any point of time after attaining the age of 58 years, an amount not exceeding _% of the accumulations in his/her PRA?
20%
40%
60%
80%
Correct answer
20%
10. Under Premature exit in SDBS, _% of the accumulations shall be required to be invested to purchase a Life Annuity from the authorized Life Insurance Company?
80%
60%
50%
30%
Correct answer
80%
11. Under SDBS, Department shall not make any contributions for such beneficiaries from the date of their premature withdrawal after attaining the age of __ years?
50 years
52 years
55 years
58 years
Correct answer
58 years
12. GDS who resigns from service needs to invest __ % of the accumulations to purchase an Annuity from the Authorised Life Insurance Company?
80%
85%
90%
40%
Correct answer
85%
13. In the event of death of Gramin Dak Sevaks while in service, the nominee(s)/legal heir(s) will have which among the following option under SDBS? i. to receive the entire accumulations in the late GDS’s PRA till the day of death as lump sum ii. receive to continue to be enrolled under the scheme, if they so desire
Only i
Only ii
Both i and ii
None of the above
Correct answer
Both i and ii
14. Under SDBS, in the case of a Gramin Dak Sevak, being dismissed and/or removed from service as a result of a penal action/disciplinary proceedings?
15% amount standing to the credit will be credited to the GDS
he/she will have no claim, whatsoever, in respect of the accumulations in his/her account under SDBS
have to invest 80% of the accumulations for purchase of annuity
None of the above
Correct answer
he/she will have no claim, whatsoever, in respect of the accumulations in his/her account under SDBS
15. Grievance of subscribers under SDBS shall be redressed within __ days of its receipt?
21 days
14 days
7 days
30 days
Correct answer
7 days
Useful MCQ Questions link
- Mock Test/Model Exam Series for IP/PS Gr.B/AAO Exam
- MCQ Series on CCS (CCA) Rules, 1965
- MCQ Series on CCS (Leave) Rules, 1972
- MCQ Series on Sexual Harassment Prevention Act, 2013
- MCQ Series on CCS (Pension) Rules, 1972
- MCQ Series on Postal Manual Volume III
- MCQ of Consumer Protection Act, 2019
- MCQ on MNOP Project
- MCQ on India Post Annual Report