SEBI - Investor Certification Examination
SEBI - Investor Certification Examination
Q 1. What is the objective of the Sukanya Samrudhi Yojana?
To promote financial inclusion
To provide affordable banking services
To encourage savings for girl child welfare
To support rural development projects
Q 2. Who is eligible to open a Sukanya Samrudhi Yojana account?
Any adult individual
Only parents of girl children
Natural or legal guardian on behalf of a girl child aged 10 or less
Any legal guardian
Q 3. What is the maximum number of accounts allowed under Sukanya Samrudhi Yojana?
One account per family
Up to two girl children
Up to three girl children
Limited to one girl child
Q 4. What tax benefits are available under Sukanya Samrudhi Yojana?
No tax benefits
Tax exemption under Section 80D
Tax deduction under Section 80G
Tax deduction under Section 80E
Q 5. Under what circumstances is premature closure of a Sukanya Samrudhi Yojana account allowed?
On reaching the age of 18
In case of the guardian's death
Only with government authorization
Upon completion of education
Q 6. How can irregular payments or revival of a Sukanya Samrudhi Yojana account be made?
By contacting the bank directly
Through online transactions only
By payment of the penalty amount
By visiting the post office
Q 7. What is the mode of deposit allowed for Sukanya Samrudhi Yojana accounts?
Cash only
Cheque only
Demand Draft only
Bank transfer only
Q 8. What is the objective of the Pradhan Mantri Jan Dhan Yojana (PMJDY)?
To promote girl child welfare
To ensure financial inclusion
To provide affordable housing
To support agricultural growth
Q 9. What facilities are provided with the accounts opened under PMJDY?
Insurance only
Pension only
Zero balance account and RuPay debit card
Remittance services only
Q 10. What is the main objective of the Pradhan Mantri Jan Dhan Yojana (PMJDY)?
To promote agricultural growth
To provide affordable housing
To ensure financial inclusion
To support girl child welfare
Q 11. Where can individuals open accounts under PMJDY?
Only at specific bank branches
Only through online portals
Only with the government's authorization
Only through designated post offices
Q 12. What facilities are provided with the PMJDY account?
Zero balance account and health insurance
Zero balance account and home loan facility
Zero balance account and personal loan facility
Zero balance account and educational loan facility
Q 13. What additional benefits are provided with the PMJDY account?
Only mobile banking facility
Only interest earned on deposits
Accidental insurance coverage and life cover
Only overdraft facility
Q 14. What is the overdraft facility provided under PMJDY?
It is available to all individuals
It is available for unlimited amounts
It can be accessed multiple times
It is only available for business purposes
Q 15. How can individuals access the mobile banking facility under PMJDY?
By visiting bank branches only
By applying for a separate mobile banking account
By downloading a mobile banking app
By visiting designated government offices