21. What is considered a transaction to keep the account active?
A) At least one deposit or withdrawal
B) Manual update in passbook
C) Interest credit
D) Mobile OTP confirmation
The correct answer is: A
22. Can a Silent Account earn interest?
A) No interest is credited at all
B) Yes, only if balance exceeds ₹1,000
C) Yes, but interest credit alone is not a transaction
D) Yes, and it counts as transaction
The correct answer is: C
23. How can a Silent Account be revived?
A) After 5 years of inactivity
B) On request and completing due process
C) By submitting Aadhaar
D) By submitting Form 60
The correct answer is: B
24. Can a person open both a Basic Savings Account and a regular Post Office Savings Account?
A) Yes, for different schemes
B) No, only one individual account of either type allowed
C) Yes, if PAN and Aadhaar are different
D) Only after 3 years gap
The correct answer is: B
25. Who determines whether the account holder is registered under a Government Welfare Scheme for opening a Basic Savings Account?
A) RBI
B) Ministry of Social Welfare
C) Post Office based on valid proof
D) District Magistrate
The correct answer is: C
