CCC Question Answers MCQs on Financial Literacy in English



 

CCC Question Answers MCQs on Financial Literacy in English Solved Sample Model Question n Paper with answers or Practice Set

  1. What is Pradhan Mantri Suraksha Bima Yojana (PMSBY)?

a) Accidental insurance cover

b) Life insurance cover

c) Overdraft up to Rs.5,000/-

d) None of above

 

 

  1. What is Pradhan Mantri Jivan Jyoti Bima Yojana (PMJJBY)?

a) Covers life insurance up to Rs.2 lac

b) Accident insurance cover

c) Both (a) & (b)

d) None of above

 

  1. Which type of deposits earns higher interest rate?

a) Current account

b) Savings Account

c) Fixed Deposits

d) None of above

 

  1. Under PMSBY, accidental death claim is available for:

a) 1 lac

b) 2 lac

c) 3 lac

d) None of above

 

  1. What is validity period of cheque?

a) 4 months from date of issue

b) 3 months from date of issue

c) 1 month from date of issue

d) Unlimited

 

  1. Under PMSBY, partial disability claim is available for:

a) 50,000/-

b) 1 lac

c) 2 lac

d) None of above

 

  1. Can illiterate person be issued Debit card?

a) No

b) Yes

c) Only in case of joint account

d) Only in case he is head of family

 

 

 

  1. Under APY, fixed pension can be chosen from:

a) 1,000/-, Rs.2,000/-, Rs.3,000/-, Rs.4,000/-, Rs.5,000/-

b) 2,000/-, Rs.3,000/-, Rs.4,000/-, Rs.5,000/-, Rs.6,000/-

c) 500/-, Rs.1,000/-, Rs.2,000/-, Rs.3,000/-, Rs.4,000/-

d) None of above

 

  1. PMJDY LIC Insurance of Rs.30,000/- is available for first time accounts opened

a)         On 15th August 2014

b) On 26th January 2015

c) Between 15th August 2014 and 26th January 2015

d) None of above

 

  1. _______ are not covered under PMJDY Life Insurance Scheme of Rs.30,000/-

a) Employees of Central / State Govt. / Public Sector Undertakings / Banks

b) Income Tax Payee

c) Aam Aadmi Bima Yojana beneficiaries

d) All of above

 

 
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6 comments on “CCC Question Answers MCQs on Financial Literacy in English
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