The minimum amount to open a Basic Savings Bank Deposit Account is:
A Basic Savings Bank Deposit Account (BSBDA), commonly known as a no-frills account, can be opened with no minimum balance requirements. However, some banks may require a nominal amount, such as ₹100, to open the account. These accounts are primarily designed for financial inclusion, particularly targeting the lower-income and underprivileged groups. No penalties are charged for non-maintenance of minimum balance, making these accounts more accessible
Which of the following statements is correct about fiduciary matters (matters of trust)?
Which of the following is not a tax-saving investment?
Which of the following is not a type of inflation based on its speed or intensity?
One of the popular online payment method, UPI stands for:
Which committee is also known as Village and Small Scale Industries Committee?
Which of the following is inversely related to the rate of interest?
The Monetary Policy Committee (MPC) was established to formalise inflation targeting. How many members constitute India’s MPC?
Which among the following banks is authorized for providing credit for the development of agriculture?
