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Deposit accounts maintained with banks but not operated for how many years credit to DEA fund?
Question

Deposit accounts maintained with banks but not operated for how many years credit to DEA fund?

A.

5 years

B.

10 years

C.

7 years

D.

3 years

Correct option is B

As per RBI guidelines, deposit accounts that remain inoperative for 10 years are transferred to Depositor Education and Awareness (DEA) Fund.

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