11.A discontinued RD account can be revived:
A. Any time before maturity
B. Only in the next financial year
C. Within 2 months after 4th default
D. Within 6 months after first default
The correct answer is: C
12. What is the revival fee per defaulted month per ₹100 denomination?
A. ₹2
B. ₹1
C. ₹5
D. ₹10
The correct answer is: B
13.What is the rebate if 6 to 11 advance deposits are made?
A. ₹5
B. ₹10
C. ₹20
D. ₹40
The correct answer is: B
14.What rebate is given for 12 months’ advance deposit?
A. ₹20
B. ₹10
C. ₹30
D. ₹40
The correct answer is: D
15.What is the minimum advance deposit period to be eligible for rebate?
A. 3 months
B. 6 months
C. 12 months
D. 2 months
The correct answer is: B
16.What is the maximum period for which advance deposits are allowed?
A. 3 years
B. 4 years
C. 5 years
D. No limit
The correct answer is: C
17. For how long can an RD account be extended beyond maturity?
A. 2 years
B. 3 years
C. 5 years
D. No extension allowed
The correct answer is: C
18.Can an RD account be closed during the extension period?
A. No
B. Only after 1 year
C. Yes, anytime
D. Only by nominee
The correct answer is: C
19.What is the maximum interest payable post-maturity in extension?
A. 3 years
B. 4 years
C. 5 years
D. No limit
The correct answer is: C
20.After the death of an account holder, what happens to the RD account?
A. Deposits continue as usual
B. New nominee must deposit
C. No further deposits allowed
D. Account gets frozen
The correct answer is: C
