SB Aptitude Test: Question Papers ( year 2009 )

                                       DEPARTMENT OF POSTS, INDIA
                                                      Kerala Circle

                                   Savings Bank Aptitude Test – 2009
                                            (With the aid of books)

Time: 3 hours                                                                                       Max Marks: 100

Attempt all questions.
All questions carry 20 marks each.

1. Write short notes on any four of the following:
       a. SB 26 Receipt
       b. Accounts opened in contravention of rules.
       c. POSB Identity card
      d. Yearly list of Unclaimed Certificates
      e. Authorized Agent Receipt Book.

2. What are the provisions in the Savings Bank Act regarding payment on death of depositor?

3. What are the provisions for Defaults in deposits and advance deposits in RD Accounts? What are the provisions for continuation of account beyond maturity period?

4. Explain the procedure for santion of loan under the Public Provident Fund Scheme? What are the provisions on repayment of loan and interest?

5. What is the procedure for accounting of cheques realized in payment for NSCs in Head Offices and Sub Offices?