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    MCQ on HBA (House Building Advance), Computer Advance | Quiz Questions and Answers on HBA & Computer Advance for CG Employees | MCQ Set [41]

    MCQs On Computer Advance and House Building Advance ,Multiple choice questions and answers (MCQs) on Computer Advance and House Buiding Advance (HBA) for central givernment (CG) employees. SOP, Short Notes, PPT, PDF, Quiz,Online Test, Mock Test, Previous Questions and Answers, Solved Papers.Useful for Postal Exams/LDCE IPO Exam/PS Group B Exam/LGO Exams/GDS to Postman/MTS/Mail Gaurd/PA/SA Exams in postal department.



    1. Government Employees are eligible for grant of Personal Computer Advance of

    A Rs 25000/- or actual price of the PC whichever is lower

    B Rs 40000/- or actual price of the PC whichever is lower

    C Rs 50000/- or actual price of the PC whichever is lower

    D None of these




    2. A second or subsequent advance for the purchase of a Personal Computer cannot be granted before the expiry of Years from the date of drawal of the earlier advance. May be allowed maximum times in entire service

    A 2 years/ 5 times

    B 4 years/ 4 times

    C 3 years/ 5 times

    D 5years/ No limit




    3. Present rate of interest for computer advance is i.e for fy 2022-23

    A 9.8%

    B 11.5%

    C 10%

    D 12%

    A (Same for the year 2021-22)



    4. Repayment of Computer advance is not more than

    A 120 monthly instalments

    B 150 monthly instalments

    C 90 monthly instalments

    D None of these




    5. In cases where both the spouses are Central Govt employees and are both eligible for grant of HBA, the advance will be admissible to

    A Wife only

    B Husband only

    C Who getting more salary

    D both of them Jointly/separately




    6. Which one of the following statement is true about HBA

    A Cost of house to be built/purchased should not exceed 139 times of the basic pay of the employee

    B This amount subject to maximum of Rs 1 crore

    C Only A is correct

    D Both A & B are correct



    7. Present rate of interest of HBA for fy 2022-23 is

    A 7.1%

    B 7.9%

    C 8.1%

    D 6.8%

    A (for the year 2021-22 - 7.9%)



    8. Purchase of house - Acquisition and mortgage to Government should be completed within _________

    A 3 months

    B 1 month

    C 6 months

    D No time limit




    9. Repayment of HBA advance for principal & for interest

    A 150 instalments/80 instalment

    B 120 instalments/60 instalments

    C 180 instalments/60 instalments

    D 160 instalments/80 instalments



    10. An advance for LTC can be drawn for up to of the estimated cost of travel including both outward and return journey

    A 50%

    B 90%

    C 80%

    D 75%




    1.  Short Notes on Computer Advance

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