MCQ ON THE GOVERNMENT SAVINGS BANKS ACT 1873

The Government Savings Banks Act 1873

(Act no 5 of 1873)

1.       The government savings Banks Act 1873 was enacted on

a.       28^th February 1873

b.      28^th June 1873

c.       28^th January 1873 (ans)

d.      28^th March 1873

2.       The Government savings banks act 1873 is extends to

a.       India except Jammu and Kashmir

b.      India except Arunachal Pradesh

c.       The whole of India (ans)

d.      India except Union Territory

3.       Mark the correct option for “Payment on death of depositor”

a.       The deposit shall be paid to the nominee.

b.      In case nominee is the minor, the deposit shall paid to person appointed to receive.

c.       Where no such person is authorized, to the guardian of the minor for the use of minor

d.      Where the deposit is payable to two or more nominee and either or any of them is dead, The deposit shall be paid to the surviving nominee or nominees

e.       All the above (ans)

4.       The savings banks act 1873 does not apply to

a.       Anchal saving account (ans)

b.      5 year R.D account

c.       T.D account

d.      Account opened through Agents

5.       If a depositor dies and there is no nomination in force at the time death………………..should be produced within 3 months for payment

a.       Probate of his will

b.      Letter of administration of his estate

c.       A succession certificate granted under the Indian succession Act 1925

d.      Any one of the above (ans)

6.       The central government may published the rule by

a.       Circulars

b.      SB orders

c.       DG orders

d.      Notification in the official gazette (ans)

7.       Where the amount of the deposit belonging to the estate of a deceased depositor does not exceed ………………………….such amount shall be excluded in computing the fee chargeable under the court-fees Act 1870

a.       Rs 3000/- (ans)

b.      Rs 5000/-

c.       Rs 10000/-

d.      None of the above

8.       Payment of deposits belonging to lunatics is explained in the section ………………of government savings Banks Act 1873

a.       13

b.      10

c.       11

d.      12 (ans)

9.       Payment of deposits to minor or guardian is explained in the section ………………of government savings Banks Act 1873

a.       10 (ans)

b.      11

c.       12

d.      13

10.   Payment of married women’s deposits is explained in the section ………………of government savings Banks Act 1873

a.       14

b.      13 (ans)

c.       15

d.      16

11.   Penalty for false statements under this act is an offence under I.P.C section

a.       193 (ans)

b.      194

c.       192

d.      195

12.   Who has power to make rules as per Savings Banks act

a.       D.G(P)

b.      State governments

c.       Central government (ans)

d.      R.B.I

13.   Any deposits made by a woman or on behalf of a married woman or on behalf of a woman who afterwards marries, may be paid to

a.       Her mother

b.      Her father

c.       Her husband

d.      Herself (ans)

(Prepared By Raju M.T. Postal Assistant at Thirthahalli S.O Shimoga Dn. ) http://dopipoexamination.blogspot.in