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1. In case of Will, who is not required to furnish a Probate?

A. A Mohammadan B. A Christian
C. A Hindu residing outside the Presidency Towns, i.e., D. All of the above
Mumbai, Kolkata and Chennai
Your answer is: D. All of the above

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2. Who are the class 1 heirs of deceased hindu female?
A. Husband B. Son
C. Daughter D. All of the above
Your answer is: D. All of the above

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3. In case of savings A/c with single depositor and no nomination, who shall be entitled to
claim the amount in A/c if the depositor passes away?
A. Legal heirs of the deceased depositor B. Person who obtains court order
C. Any person who has vaid ID D. Wife and children of the deceased depositor
Your answer is: A. Legal heirs of the deceased depositor

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4. Hence, when the parties approach for settlement of claims, Branches should enquire
about?
A. The religion of the deceased depositor/account holder B. Whether the deceased died intestate (without making a
Will)
C. Who are the legal heirs of the deceased? D. All of the above
Your answer is: D. All of the above

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5. Deceased Claims upto Rs. 50,000/- comes within the power of which Authority?
A. Branch Manager In charge B. Senior Manager
C. Asst. Gen. Manager D. Chief Manager
Your answer is: A. Branch Manager In charge

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6. A Will may be made for which of the following reasons?
A. For disposal of the property of the testator after his B. For appointing a testamentary guardian
death and for appointing an Executor C. For revoking or altering a previous WILL
D. All of the above
Your answer is: D. All of the above

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7. Deceased Claims upto Rs. 50,00,000/- comes within the power of which Authority?
A. Asst. Gen. Manager B. Dy. Gen. Manager
C. General Manager D. Chief Manager
Your answer is: C. General Manager

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8. Under Hindu Succession Act, which of the following is a ground for disqualification?
A. Conversion to other religion B. Mental infirmity
C. Physical disability D. Disease
Your answer is: A. Conversion to other religion

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9. If a deceased Hindu male has left any Will, the beneficiaries under the Will, will be the
claimants. Hence, the Branch should call for a Will and scrutinize it to ascertain whether the
testator has bequeathed his assets that are now with the Bank to the beneficiaries now
claiming. In case the Will is silent over Bank Assets/Accounts, who shall filed the death claim?
A. Anyone who obtains court order to that effect? B. All the legal heirs
C. Only wife D. Only children
Your answer is: B. All the legal heirs
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10. Who are the class 1 heirs of deceased hindu male?
A. Mother B. Wife
C. Son D. All of the above
Your answer is: D. All of the above

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11. The Hindu Succession Act was enacted in?
A. 1965 B. 1960
C. 1956 D. 1948
Your answer is: C. 1956

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12. In the case of A/c with nominee, what is the legal position of a nominee with regard to the
amount lying in the A/c?
A. The nominee has absolute right over the amount lying in B. The nominee is a mere custodian and is required to
the A/c hand over the amount lying in the A/c to the legal heirs of
the deceased depositor
C. The nominee cannot keep the money for more than 30 D. None of the above
days and has to pay interest on the money to the legal
heirs.
Your answer is: B. The nominee is a mere custodian and is required to hand over the amount lying in the A/c to the legal heirs
of the deceased depositor

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13. Who had the power to sanction decease claims above Rs. 50,00,000/-?
A. Managing Director B. Executive Director
C. Board of Directors D. None of the above
Your answer is: D. None of the above

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14. Deceased Claims upto Rs. 25,00,000/- comes within the power of which Authority?
A. Asst. Gen. Manager B. Dy. Gen. Manager
C. General Manager D. Chief Manager
Your answer is: B. Dy. Gen. Manager

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15. Branch will settle the claims in respect of deceased depositors and release payments to
survivor(s)/ nominee in case of accounts with survivor/ nominee within a period of how
many days?
A. 15 days B. 20 days
C. 25 days D. 30 days
Your answer is: A. 15 days

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16. The Hindu Succession Act applies to which type of property?
A. movable property B. immovable property
C. both movable and immovable property D. As per courts discretion
Your answer is: C. both movable and immovable property

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17. If the nomination form contains the name of the nominee but it is not signed by the
depositor, can we consider the name of the nominee?
A. Yes B. No
C. Information not sufficient
Your answer is: B. No

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18. Death Certificate issued by any one of the following authorities may be accepted
A. Municipality/Corporation B. Registrar of Births and deaths
C. Village headman D. All of the above
Your answer is: D. All of the above
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19. Nomination facility in banks has been provided under which provision of Banking
Regulation Act, 1949?
A. Sections 45 ZA to 45 ZF B. Sections 40-42
C. Sections 46-50 D. Sections 43-45
Your answer is: A. Sections 45 ZA to 45 ZF

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20. A Hindu depositor dies without appointing nominee. He is survived by his wife, two
children and mother. Who shall file death claim for the amount in the A/c of said depositor?
A. Only mother B. only children
C. only wife D. Any of the legal heirs may file claim provided other
legal heirs give their No-objection certificate
Your answer is: D. Any of the legal heirs may file claim provided other legal heirs give their No-objection certificate

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21. Deceased Claims upto Rs. 2,00,000/- comes within the power of which Authority?
A. MMGS - II B. MMGS - III
C. SMGS - IV D. Both A & B
Your answer is: D. Both A & B

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22. Deceased Claims upto Rs. 10,00,000/- comes within the power of which Authority?
A. Asst. Gen. Manager B. Dy. Gen. Manager
C. General Manager D. Chief Manager
Your answer is: A. Asst. Gen. Manager

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23. Settlement of Death Claims are done under which Circular of the Bank
A. Master Circular 1 dated February 15, 2010 B. Master Circular 6 dated February 15, 2010
C. Master Circular 3 dated February 15, 2010 D. Master Circular 2 dated February 15, 2010
Your answer is: A. Master Circular 1 dated February 15, 2010

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24. Settlement of Claims in respect of missing person lies within the power of the which of the
following?
A. Claims up to a limit of Rs. 25000/- can be sanctioned by B. Claims up to a limit of Rs. 50000/- can be sanctioned by
the General Manager (Law & Recovery) the Executive Director in exceptional cases
C. Claims up to a limit of Rs. 100000/- can be sanctioned by D. All of the above
the Managing Director in exceptional cases
Your answer is: D. All of the above