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The Reserve Bank of India has launched a ‘100 Days 100 Pays’ campaign for banks to trace and settle the top ‘100 unclaimed deposits’ of every bank in every district of the country within ‘100 days. This measure is expected to complement the ongoing efforts and initiatives by the Reserve Bank to reduce the quantum of unclaimed deposits in the banking system and return such deposits to their rightful owners/claimants. The banks will commence the campaign from June 01, 2023.The balances in savings or current accounts which are not been operated for 10 years, or term deposits not claimed within 10 years from the date of maturity are classified as ‘Unclaimed Deposits’. These amounts are transferred by banks to the ‘Depositor Education and Awareness (DEA) Fund maintained by the Reserve Bank of India.
The first English factory was set up on the banks of the river ______ in 1651.
What is the primary responsibility of a manager within an organization?
Where is Red Lake found?
Anwar Ibrahim sworn in as tenth prime minister of which of the following country?
Which of the following is the oldest High Court in India?
Which Union Territory (UT) has become the first to implement the PM Vishwakarma Yojana (PMVY)?
The term ‘inning’ is related to which of the following sports?
Which is the first state in the country to set up a greenfield grain-based ethanol production plant?
Consider the following statements with reference to sanitation in Budget 2020.
1. ₹ 3.6 lakh crore were allocated for Jal Jeevan Mission.
...The Prime Minister Shri Narendra Modi launched 'Mera Yuva Bharat (MY Bharat) platform for youth of the country on October 31st 2023, at Kartavya Path on...
