A neobank is a kind of digital bank without any branches. Rather than being physically present at a specific location, neobanking is entirely online. Hence, statement 1 is not correct. Neobanks are financial institutions that give customers a cheaper alternative to traditional banks. Hence, statement 2 is correct. Jupiter is similar to Fi Money in terms of partnership with the Federal Bank. The process of opening a bank account with Jupiter is easy and fast. It is a neobank.
Which of the following is not an advantage of Futures?
National Pension System (NPS) is a voluntary, defined contribution retirement savings scheme. NPS is regulated by?
If a bond is issued when prevailing interest rates are 8% at Rs.1,000 par value with a 8% annual coupon. Which of the following is NOT correct?
...Which of the following is the most volatile foreign capital?
About the function of derivatives, which of the following is not correct?
........................................is a contractual agreement made between two parties, in which one party agrees to pay for potential losses or da...
Which of the market can be divided into primary and secondary market?
Which of the following act is not administered by RBI?
Currency Swap is an instrument to manage-
Reserve Bank of India has cancelled the license of Independence Co-operative Bank Ltd. It is based at ________________.