11. What is the minimum average balance required to avoid maintenance charges?
A) ₹1,000
B) ₹100
C) ₹500
D) ₹250
12. What is the annual maintenance fee charged if minimum balance is not maintained?
A) ₹100
B) ₹50
C) ₹25
D) ₹200
13. When is the annual maintenance charge deducted?
A) 31st March
B) Last working day of financial year
C) 1st April
D) Monthly
14. What is the applicable rate of interest for Post Office Savings Account?
A) 3% p.a.
B) 5% p.a.
C) 4% p.a.
D) Variable with inflation
15. Under which condition is no interest paid on a savings account?
A) If the depositor holds multiple accounts
B) If balance falls below ₹500
C) If cheque is bounced
D) If deposit is made on a Sunday
16. On what basis is interest calculated on this account?
A) Average daily balance
B) Highest balance in month
C) Lowest balance between 10th and month-end
D) Closing balance of financial year
17. When is the interest credited to the Post Office Savings Account?
A) Monthly
B) Half-yearly
C) Quarterly
D) Annually
18. How is interest rounded off in this scheme?
A) To the nearest ₹0.10
B) ₹0.50 or more = ₹1; less than ₹0.50 = ₹0
C) Rounded to next ₹10
D) ₹1 or more only
19. Till when is interest payable after the death of the account holder?
A) Up to date of death
B) Up to next interest credit cycle
C) Till end of month before closure
D) Up to closure day
20. When does an account become classified as Silent?
A) No deposit in 1 year
B) No withdrawal in 2 years
C) No transaction in 3 full financial years
D) No nomination
