The payments banks in India are required to invest ____________ of funds in the government securities.
The payments banks in India were established in order to achieve financial inclusion and these banks can only accept deposits. They cannot undertake lending activities. The RBI has given the approval to open such banks as per Section 22(1) of the Banking Regulation Act 1949. Payment banks have been set up as per the recommendations of the Nachiket Mor committee and they can only accept deposits upto Rs 1 lakh per individual. These banks have to invest at least 75% of its funds in the government securities.
The demand curve shows that:
In economic terms, the total market value of all final goods and services produced in a given year is known as.........
Which of the following statements about Indirect Tax is incorrect?
Which of the following sector workers are known as ‘Blue Collar workers’?
The Stand-Up India Scheme facilitates bank loans between what amounts for setting up a greenfield enterprise by at least one SC/ST and one woman borrowe...
An increase of 1% per annum in the growth rate of the money supply will increase inflation by:
The Statutory Liquidity Ratio (SLR) is determined by which institution?
What is the uniform GST rate that has been fixed up for lottery prizes by the GST Council?
A Gini coefficient exceeding 0.40 typically indicates which of the following?
What does the term 'subsidy' primarily signify?
