SDBS
1. Which platform is used by SDBS for the purpose of registration, record keeping, funds management etc.?
(A)New Pension Scheme (NPS)
(B)NPS-Lite scheme
(C)Atal Pension Yojana Scheme (APY)
(D)Pradhan Mantri Jeevan Jyothi Beema Yojana
Ans: (B)NPS-Lite scheme
2. Who among the following has been appointed
as Central Record keeping Agency (CRA) by PFRDA/NPS TRUST, for providing
centralized record keeping, administration and customer service
functions for all beneficiaries of the SDBS, like, NPS-lite?
(A)State Bank of India
(B)Life Insurance Corporation of India
(C)National Securities Depository Limited (NSDL)
(D)All the above
Ans: (C)National Securities Depository Limited (NSDL)
3. Severance Amount would be applicable only
in case of those GDSs who have opted to remain with Severance Amount and
have not shifted to service Discharge Benefit Scheme (SDBS), and have
completed _ years of continuous service?
(A)30 years
(B)20 years
(C)10 years
(D)5 years
Ans: (C)10 years
4. Service Discharge Benefit Scheme (SDBS) was introduced with effect from?
(A)1 April 2011
(B)1 January 2011
(C)1 June 2010
(D)1 September 2012
Ans: (A)1 April 2011
5. Service Discharge Benefit Scheme for Gramin Dak Sevaks was introduced on the basis of recommendation of which committee?
(A)Kamalesh Chandra Committee
(B)R.S.Nataraja Murti Committee
(C)K C Chakrabarthy Committee
(D)T.S.Natarajan Committee
Ans: (B)R.S.Nataraja Murti Committee
6. As per SDBS scheme, which bank shall function as the TRUSTEE BANK, which will provide banking services to the SDBS Scheme?
(A)State Bank of India
(B)Union Bank of India
(C)Canara Bank
(D)Bank of India
Ans: (D)Bank of India
7. Where is the Oversight Office (OO) under SDBS Scheme?
(A)Head of the Circle
(B)Director of Accounts Postal Office located at Circle HQ
(C)Director General, DoP, New Delhi
(D)None of the above
Ans: (C)Director General, DoP, New Delhi
8. What is the full form of CRA under SDBS Scheme?
(A)Central Record Agency
(B)Central Record keeping Agency
(C)Centralized Review Authority
(D)Central Review Agency
Ans: (B)Central Record keeping Agency
9. With effect from 1 July 2018, monthly contribution to SDBS shall be Rs._ for both sides i.e.Department’s contribution and the GDS?
(A)Rs.100
(B)Rs.200
(C)Rs.300
(D)Rs.500
Ans: (C)Rs.300
10. With effect from 1 July 2018, Department
of Posts has decided continuation of the existing formula for grant of
GDS Gratuity (earlier Ex-gratia Gratuity) subject to a maximum of
Rupees?
(A)Rupees Fifty Thousand
(B)Rupees Sixty Thousand
(C)Rupees One Lakh
(D)Rupees One lakh fifty thousand
Ans: (D)Rupees One lakh fifty thousand
11. Maximum ceiling on Severance Amount to GDS shall be?
(A)Rupees one lakh fifty thousand
(B)Rupees one lakh
(C)Rupees fifty thousand
(D)Rupees two lakh fifty thousand
Ans: (A)Rupees one lakh fifty thousand
12. Permanent Retirement Account Number (PRAN) under SDBS Scheme is allotted to GDS by?
(A)PFRDA
(B)DA(P) office
(C)NSDL
(D)CRA
Ans: (D)CRA
13. The Severance Amount to GDS shall be paid at the rate of Rs._ for every completed year of service from 01.01.2016?
(A)Rs.4,000/-
(B)Rs.2,000/-
(C)Rs.1,000/-
(D)Rs.6,000/-
Ans: (A)Rs.4,000/-
14. Pension Fund Managers (PFM) for
investments and management of the funds under the Service Discharge
Benefit Scheme (SDBS) include?
(A)LIC Pension Fund
(B)SBI Pension Fund Limited
(C)UTI Retirement Solutions Limited
(D)All the above
Ans: (D)All the above
15. What is the amount payable to the GDS, at
the time of end of their engagement with the Dept., subject to the terms
and conditions prescribed for this purpose?
(A)Gratuity
(B)Pension
(C)TRCA
(D)Severance amount
Ans: (D)Severance amount
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